306-263 Georgian Drive, Oakville, ON

River Oaks, Oakville · MLS® W13525250

$618,900
For Sale
Listed 11 days ago
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2Bedrooms
2Bathrooms
1Garage · 2 parking
800-899Sq Ft

About this home

This is the one you walk into and don't want to leave. A fully renovated corner suite in Oakville's sought-after River Oaks community. Unit 306 at 263 Georgian Drive delivers a level of finish that stops you at the door - modern hard flooring throughout, upgraded cabinetry, quartz counters, custom wainscotting and all new appliances in 2025. No carpet. No shortcuts. Just a home that was done right. The open-concept living and dining area is flooded with natural light from the southwest corner exposure, with 9-foot ceilings that make every square foot feel intentional. Two well-proportioned bedrooms, two full bathrooms - including a private ensuite off the primary - and in-suite laundry round out a layout that works for real life. Then there's the terrace. At 225 square feet, southwest-facing, and gas line ready for a built-in BBQ connection - this is outdoor living that most condos in Oakville simply can't offer. Morning coffee or evening entertaining, the exposure and the privacy make it a four-season asset. Walk to trendy restaurants, grocery stores, and boutique retail - with major box stores just around the corner. Family-friendly location in highly coveted school zone with French Immersion available. Sheridan College, Oakville Trafalgar Memorial Hospital, and quick access to the 403, 407, and QEW all within easy reach. Monthly condo fees of $465 cover weekly cleaning of the common elements, landscaping, snow removal, visitor parking, maintenance, insurance, and the full building envelope - roof, windows, and doors. Everything outside your front door is taken care of.

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
W13525250
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
Taunton Road
Parking
1 garage · 2 parking (attached)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Maintenance
$465/mo
Exposure
South West
Property tax
$2,553 / 2026
Days on market
11
Listing brokerage
KELLER WILLIAMS EDGE REALTY

Rooms

Primary BedroomMain3.80 × 3.12 m

ensuite bath · carpet free

Bedroom 2Main3.21 × 2.41 m

Carpet Free

Utility RoomMain2.15 × 0.79 m
KitchenMain2.23 × 2.91 m

breakfast bar · quartz counter · stainless steel appl

BathroomMain2.15 × 2.21 m

4 Pc Ensuite

Living RoomMain7.58 × 3.08 m

carpet free · w/o to balcony

BathroomMain1.94 × 2.32 m

4 Pc Bath

Moe’s TakeTeam Asgarian · Broker
Above comparables
$470Kest. value

Listed at $618,900, this home is about 32% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $428K, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $600K
  • Size difference −$55K
  • Adjusts to $545K

That comparable adjusts to $545K; the $470K estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, this is a very walkable address with everyday errands close by. Oak Park Blvd + Sawgrass Dr is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$460KGreat deal$619KOverpriced

Total price vs nearby homes. Fair value about $470K, median of 5 comparables.

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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in River Oaks · asking prices
$540kavg asking

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

19-51 Hays Boulevard$600k19-2460 Post Road$549k28-2468 POST Road$525k3-39 Hays Boulevard$515k17-2464 Post Road$510k

The 5 closest of 6 active listings nearby.

See all comparable homes
619kThis home600k549k525k515k510kThis home vs active comparables
Live market pulseActive comparables in River Oaks · median list $549K
$729this home / sqft
8active listings nearby
11days on market

This home lists 26% above the area average of $579/sqft.

27 days faster than the Oakville average (38 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

River Oaks, 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

84/ 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: Oak Park Blvd + Sawgrass Dr, about 155 m away

20+ transit stops5 grocery20+ dining20+ parks13 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.

Wedgewood Creek
$959K
College Park
$694K
Glenorchy
$830K
Falgarwood
$580K
Westmount
$606K

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
$2,821/mo
$126KIncome needed
4.9×Price ÷ income
$651Weekly 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.

81%mortgage
Mortgage $2,821Property tax $213Condo fee $465Total carry $3,498

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%
$
%
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)
$2,642per month

Mortgage amount $495,120 · 4.14% over 25 years

$123,780Down payment (20.0%)
$495,120Loan before insurance
$0CMHC premium
$3,320Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,642
Property tax
$213
Condo / maintenance fees
$465
Heating
$0
Estimated monthly cost
$3,320

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

One-time closing costs

Ontario land transfer tax
$8,853
Estimated closing costs
$8,853

Plus your down payment of $123,780. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,209/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

$297,523Total interest paid
$792,643Total of all payments
Principal $495,120 Interest $297,523
YearPrincipalInterestBalance
1$11,599$20,107$483,521
2$12,084$19,622$471,437
3$12,590$19,116$458,847
4$13,116$18,590$445,731
5$13,665$18,041$432,066
6$14,236$17,469$417,830
7$14,832$16,874$402,998
8$15,452$16,253$387,546
9$16,099$15,607$371,447
10$16,772$14,934$354,675
11$17,474$14,232$337,202
12$18,204$13,501$318,997
13$18,966$12,740$300,031
14$19,759$11,947$280,272
15$20,586$11,120$259,686
16$21,447$10,259$238,240
17$22,344$9,362$215,896
18$23,278$8,427$192,617
19$24,252$7,454$168,365
20$25,267$6,439$143,098
21$26,323$5,382$116,775
22$27,425$4,281$89,350
23$28,572$3,134$60,779
24$29,767$1,939$31,012
25$31,012$694$0

At the end of your 5-year term

Total paid over the term
$158,529
Principal paid down
$63,054
Interest paid
$95,475
Balance remaining
$432,066

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$2,700/mo
$32,400Gross annual rent
3.2%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.

5.2%
Gross yield
− Property tax $2,553− Condo fees $5,580− Insurance $600− Vacancy & upkeep $3,564Net operating income $20,103

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS EDGE REALTY. MLS®/PropTx.

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