2261 Grouse Lane, Oakville, ON

West Oak Trails, Oakville · MLS® W13528802

$1,565,000
For Sale
Listed 11 days ago
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5Bedrooms
3Bathrooms
2Garage · 6 parking
2000-2500Sq Ft

About this home

Stunningly upgraded, rarely offered 5-bedroom family home quality built by Dawn Victoria Homes with a professionally finished basement in Oakville's highly sought-after West Oak Trails community & coveted Garth Webb Secondary School catchment. Just minutes from the Oakville Hospital, Glen Abbey Community Centre, Pine Glen Park, Oakville Soccer Club, shopping, restaurants, scenic trails, Bronte GO Station, & major highways. This exceptional home offers the perfect blend of luxury, convenience, & family living. Outstanding curb appeal highlights a covered front porch with new fibreglass columns ('23), lush landscaping, an irrigation system, an interlock-accented double driveway, & an attached double garage with a newer insulated door & inside entry. The private backyard is designed for entertaining with a spacious new deck ('24), sunken hot tub, lower patio, & beautifully landscaped gardens. Inside, elegant finishes include 9-foot ceilings, hardwood flooring on 2 levels & an oak colour-matched staircase, crown mouldings, decorative columns, power blinds & California shutters. Formal living & dining rooms provide refined entertaining spaces, while the inviting family room features a gas fireplace with a precast stone mantel. The beautifully renovated eat-in kitchen ('23) boasts custom white cabinetry with under-cabinet lighting, granite countertops, a farmhouse sink, premium GE Monogram appliances & a bright breakfast area with walkout to the deck. Upstairs, 5 spacious bedrooms & 2 updated bathrooms include a primary suite with a fully renovated 4-piece ensuite ('24). Downstairs offers exceptional additional living space with a games room & bar, a recreation room, office, & laundry area. Approximately $250,000 has been invested in recent improvements, including the deck, ensuite bath ('24), kitchen, doors & windows ('23), furnace & A/C ('22), & roof shingles ('18), making this an outstanding turnkey opportunity in one of Oakville's premier family neighbourhoods.

Key facts

Property type
Detached, 2-Storey
MLS®
W13528802
Bedrooms
5
Bathrooms
3 (1 half)
Size
2000-2500
Lot
38.78 × 87.68 ft
Cross streets
Westoak Trails- Oakhaven- Pinecliff- Grouse
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,347 / 2026
Days on market
11
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Bedroom 2Second4.01 × 3.07 m

Hardwood Floor

Bedroom 4Second3.68 × 3.40 m

Hardwood Floor

Bedroom 3Second4.01 × 3.07 m

Hardwood Floor

OfficeBasement3.45 × 2.01 m

Broadloom

RecreationBasement10.87 × 8.81 m

Pot Lights

Living RoomMain3.89 × 3.43 m

hardwood floor · crown moulding

Family RoomMain5.23 × 3.89 m

hardwood floor · gas fireplace · crown moulding

Bedroom 5Second4.62 × 3.71 m

Hardwood Floor

KitchenMain3.96 × 2.64 m

centre island · granite counters · pot lights

Dining RoomMain4.24 × 3.35 m

hardwood floor · crown moulding

Primary BedroomSecond4.90 × 4.85 m

hardwood floor · walk-in closet(s) · 4 pc ensuite

BreakfastMain4.44 × 2.51 m

W/O To Deck

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.41Mest. value

Listed at $1,565,000, this home is about 11% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($696/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.60M, a bit higher.

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 $1.65M
  • Adjusts to $1.65M

That comparable adjusts to $1.65M; the $1.41M estimate above is the median of all 8 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Third Line + Warbler Rd is about a 3-minute walk away.

List price
$1.27MGreat deal$1.56MOverpriced

Total price vs nearby homes. Fair value about $1.41M, median of 8 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Primary suite: a key comfort and resale feature.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.64Mavg asking

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

2241 Glazebrook Circle$1.65M241 Lexington Road$1.55M2048 Sixth Line$1.64M583 Stephens Crescent$1.65M2463 Parkglen Avenue$1.69M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.56MThis home1.65M1.55M1.64M1.65M1.69MThis home vs active comparables
Live market pulseActive comparables in West Oak Trails · median list $1.58M
$696this home / sqft
11active listings nearby
11days on market

This home lists 6% above the area average of $659/sqft.

6 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

West Oak Trails, 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

66/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Third Line + Warbler Rd, about 228 m away

20+ transit stops2 grocery20+ dining20+ parks10 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.

Westmount
$1.66M
Glen Abbey
$1.98M
Bronte Creek
$1.77M
River Oaks
$1.60M
College Park
$1.28M

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
$7,133/mo
$291KIncome needed
5.4×Price ÷ income
$1,646Weekly 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.

93%mortgage
Mortgage $7,133Property tax $529Total carry $7,662

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)
$6,681per month

Mortgage amount $1,252,000 · 4.14% over 25 years

$313,000Down payment (20.0%)
$1,252,000Loan before insurance
$0CMHC premium
$7,210Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,681
Property tax
$529
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,210

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

One-time closing costs

Ontario land transfer tax
$27,775
Estimated closing costs
$27,775

Plus your down payment of $313,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,115/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

$752,341Total interest paid
$2,004,341Total of all payments
Principal $1,252,000 Interest $752,341
YearPrincipalInterestBalance
1$29,330$50,844$1,222,670
2$30,557$49,617$1,192,113
3$31,835$48,339$1,160,278
4$33,167$47,007$1,127,111
5$34,554$45,620$1,092,558
6$35,999$44,174$1,056,558
7$37,505$42,669$1,019,053
8$39,074$41,100$979,979
9$40,708$39,465$939,271
10$42,411$37,763$896,860
11$44,185$35,989$852,675
12$46,033$34,140$806,642
13$47,959$32,215$758,683
14$49,965$30,209$708,718
15$52,055$28,119$656,664
16$54,232$25,942$602,432
17$56,501$23,673$545,931
18$58,864$21,310$487,067
19$61,326$18,848$425,741
20$63,891$16,282$361,850
21$66,564$13,610$295,286
22$69,348$10,826$225,938
23$72,249$7,925$153,690
24$75,271$4,903$78,419
25$78,419$1,754$0

At the end of your 5-year term

Total paid over the term
$400,868
Principal paid down
$159,442
Interest paid
$241,426
Balance remaining
$1,092,558

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
2.4%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.

3.2%
Gross yield
− Property tax $6,347− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $37,109

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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