1516 Duncan Road, Oakville, ON

Morrison, Oakville · MLS® W13519952

$4,895,000
For Sale
Listed 14 days ago
4Bedrooms
4Bathrooms
2Garage · 6 parking
2000-2500Sq Ft

About this home

Welcome to 1516 Duncan Road, an extraordinary custom-built contemporary residence in prestigious Southeast Oakville where exceptional craftsmanship and state-of-the-art smart home technology come together seamlessly. Completed in 2020, this one-of-a-kind bungalow offers 5,000 sq. ft. of living space with 3+1 bedrooms, 4 bathrooms, and a residential elevator servicing all three levels, including the rooftop terrace. Soaring 15-ft floor-to-ceiling windows flood the open-concept interior with natural light while creating a seamless connection to the landscaped backyard featuring extensive hardscaping, an outdoor gas fireplace, heated outdoor living areas, and exceptional privacy. Polished concrete floors with hydronic radiant heating, custom cabinetry, and natural stone finishes define the sophisticated interior. The designer kitchen is equipped with Thermador and Bosch appliances, Brazilian Black Fusion stone countertops, double ovens, a barista station, and a wet bar featuring Grohe Blue chilled, sparkling, and filtered water. The tranquil primary suite overlooks a private bamboo courtyard and offers custom built-ins and a luxurious spa-inspired ensuite. The finished lower level is designed for entertaining with a games area, wet bar featuring Avocatus quartzite, dedicated home theatre, guest suite, and family room. Smart living is elevated through Lutron lighting, Home Assistant automation, Sonos audio, a 24-camera surveillance system, fibre internet with Starlink backup, motorized shutters, and whole-home smart leak protection. Highlights include a heated driveway, walkways and covered porches with integrated snow-melt system, oversized double garage with EV charger, central vacuum, smart irrigation, and low-maintenance landscaping. A truly exceptional residence blending innovative technology, timeless design, and uncompromising luxury in Oakville's most sought-after neighbourhoods.

Key facts

Property type
Detached, Bungalow
MLS®
W13519952
Bedrooms
4 (3 + 1)
Bathrooms
4 (1 half)
Size
2000-2500
Lot
77 × 146 ft
Cross streets
Duncan Rd/Maplegrove Dr
Parking
2 garage · 6 parking (attached)
Basement
Full, Finished
Heating
Radiant
A/C
Central Air
Exterior
Other
Foundation
Poured Concrete
Roof
Flat
Sewer
Sewer
Property tax
$14,923 / 2025
Days on market
14
Listing brokerage
SAM MCDADI REAL ESTATE INC.

Rooms

Bedroom 3Basement5.84 × 4.78 m

concrete floor · 3 pc ensuite · closet

LaundryBasement3.85 × 3.33 m

concrete floor · above grade window · pot lights

Dining RoomMain5.79 × 4.05 m

concrete floor · open concept · elevator

Media RoomBasement6.10 × 3.61 m

broadloom · built-in speakers

DenBasement4.74 × 4.12 m

concrete floor · 3 pc bath · elevator

Family RoomBasement7.75 × 4.97 m

Concrete Floor

Living RoomMain4.69 × 4.88 m

concrete floor · open concept · w/o to patio

FoyerMain2.79 × 3.31 m

Stone Floor

RecreationBasement12.71 × 4.56 m

concrete floor · wet bar

KitchenMain5.17 × 4.88 m

concrete floor · stone counters · b/i oven

OfficeMain3.02 × 5.12 m

concrete floor · large window

Mud RoomMain1.83 × 3.37 m

concrete floor · access to garage

Primary BedroomMain5.40 × 5.30 m

concrete floor · 5 pc ensuite · walk-in closet(s)

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

On location, this is a very walkable address with everyday errands close by. Devon & Maple Grove is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Heated floors: comfort and a premium-finish signal.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Elevator: rare and valuable for accessibility and resale.
  • Value driver
  • Lifestyle
  • Worth verifying
Comparable listingsCurrently listed nearby in Morrison · asking prices
$3.43Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

230 Morrison Road$4.49M1168 Carey Road$3.30M169 Morrison Road$2.50M

The 3 closest active listings nearby.

See all comparable homes
4.89MThis home4.49M3.30M2.50MThis home vs active comparables
Live market pulseActive comparables in Morrison · median list $2.50M
$2,176this home / sqft
7active listings nearby
14days on market

9 days longer than the Oakville average (5 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Morrison, Oakville, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

71/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Devon & Maple Grove, about 177 m away

20+ transit stops1 grocery17 dining14 parks3 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Ford
$2.51M
Joshua Creek
$2.27M
College Park
$1.28M
River Oaks
$1.60M
Joshua Meadows
$1.47M

Typical asking price of active listings of the same type, per area (outliers removed). Oakville.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$22,310/mo
$887KIncome needed
5.5×Price ÷ income
$5,148Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

95%mortgage
Mortgage $22,310Property tax $1,244Total carry $23,553

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$20,897per month

Mortgage amount $3,916,000 · 4.14% over 25 years

$979,000Down payment (20.0%)
$3,916,000Loan before insurance
$0CMHC premium
$22,141Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$20,897
Property tax
$1,244
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$22,141

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$108,850
Estimated closing costs
$108,850

Plus your down payment of $979,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$25,382/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$2,353,169Total interest paid
$6,269,169Total of all payments
Principal $3,916,000 Interest $2,353,169
YearPrincipalInterestBalance
1$91,738$159,028$3,824,262
2$95,576$155,191$3,728,686
3$99,573$151,193$3,629,113
4$103,738$147,028$3,525,374
5$108,078$142,689$3,417,296
6$112,598$138,168$3,304,698
7$117,308$133,459$3,187,390
8$122,215$128,552$3,065,175
9$127,327$123,440$2,937,848
10$132,653$118,114$2,805,195
11$138,202$112,565$2,666,993
12$143,982$106,784$2,523,011
13$150,005$100,762$2,373,006
14$156,279$94,487$2,216,726
15$162,816$87,950$2,053,910
16$169,627$81,140$1,884,283
17$176,722$74,045$1,707,561
18$184,114$66,653$1,523,447
19$191,815$58,952$1,331,632
20$199,839$50,928$1,131,793
21$208,198$42,569$923,596
22$216,906$33,861$706,689
23$225,979$24,788$480,710
24$235,431$15,335$245,279
25$245,279$5,488$0

At the end of your 5-year term

Total paid over the term
$1,253,834
Principal paid down
$498,704
Interest paid
$755,130
Balance remaining
$3,417,296

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$4,200/mo
$50,400Gross annual rent
0.6%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

1.0%
Gross yield
− Property tax $14,923− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $28,533

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SAM MCDADI REAL ESTATE INC.. MLS®/PropTx.

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