1228 Pallatine Drive, Oakville, ON

College Park, Oakville · MLS® W13532376

$1,228,000
For Sale
Listed 100 days agoNo offer date statedSitting longer than typical
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3+1Bedrooms
4Bathrooms
1Garage · 5 parking
1100-1500Sq ft

About this home

In short

  • Welcome to this beautiful side-split detached home located on an impressive 60125 lot in Oakville's highly desirable College Park community.
  • The property features 5 total parking spaces, including a 4-car driveway and an attached 1-car garage equipped with an EV outlet.
  • Offering a functional 3+1 bedroom layout with 3 full bathrooms and a convenient powder room, the home spans 1,403 sq ft of above-grade living area plus a finished...
  • Enjoy complete peace of mind with major mechanical updates, including roof, furnace (2016), central A/C (2020), and a water softener/reverse osmosis system (2020...
  • Fenced yard, Close to Go, Hwy and Downtown.

Welcome to this beautiful side-split detached home located on an impressive 60*125 lot in Oakville's highly desirable College Park community. The property features 5 total parking spaces, including a 4-car driveway and an attached 1-car garage equipped with an EV outlet. Inside, the beautifully upgraded kitchen showcases sleek quartz countertops, a modern backsplash, a stainless steel fridge, a high-end dual fuel Wolf stove and wolf range hood, a built-in Bosch dishwasher. Offering a functional 3+1 bedroom layout with 3 full bathrooms and a convenient powder room, the home spans 1,403 sq ft of above-grade living area plus a finished basement area-ideal for a potential in-law suite. Enjoy complete peace of mind with major mechanical updates, including roof, furnace (2016), central A/C (2020), and a water softener/reverse osmosis system (2020 rental on 7 year contract) hot water tank (2026 rental month to month), sump-pump (2026), 2 sets laundry , while the backyard with a large deck comes ready for entertaining with a BBQ gas line. Fenced yard, Close to Go, Hwy and Downtown.

Key facts

Property type
Detached, Sidesplit 4
MLS®
W13532376
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
1100-1500 sq ft
Lot
125 × 60 ft
Cross streets
Six line and Sewell
Parking
1 garage · 5 parking (attached)
Driveway
Private
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,978 / 2026
Days on market
100
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

RecreationBasement6.08 × 3.60 m

laminate · above grade window

KitchenMain4.73 × 2.52 m

stainless steel appl · hardwood floor · open concept

Bedroom 2Upper3.30 × 2.97 m

hardwood floor · closet · window

DenIn Between1.56 × 2.80 m

window · combined w/family

Family RoomIn Between4.94 × 2.80 m

access to garage · w/o to yard · window

LaundryBasement0.00 × 0.00 m

tile floor · sump pump

Bedroom 3Upper2.96 × 2.60 m

hardwood floor · closet · window

Primary BedroomUpper3.23 × 3.08 m

hardwood floor · closet · 3 pc ensuite

Dining RoomMain3.60 × 2.39 m

combined w/living · hardwood floor · w/o to deck

Living RoomMain5.20 × 3.64 m

window · hardwood floor · open concept

Powder RoomIn Between0.00 × 0.00 m

2 pc bath · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.19Mlikely sale price

Listed at $1,228,000. Going by how homes in College Park and the wider GTA have actually closed against their asking prices (about 97%, 14 local closings in 90 days), the likely sale price is near $1.19M, if it sells. A realistic range is $1.12M to $1.34M.

Independent value check: $1.07M. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $1.00M and $1.12M).

Why $1.07M. The typical detached home sold in College Park over the past year went for about $1.21M (55 sales). What sets this one apart:

  • ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $4,978 a year; the typical home sold here pays about $5,400.
  • ▲ Raises it3+1 bedrooms and 4 baths, against 3+1 and 2 typically.

Longer on the market than typical. 100 days on the market against about 25 for homes like it here, and asking 15% above where comparable closings put it.

List price
$1.12MBelow recent closings$1.34MAbove recent closings

Total price vs nearby homes. Likely closing about $1.19M, from 14 recent closings in this pocket.

The market behind the math:

14sold nearby · 90 days
$1.30Mmedian sold price
95%of asking, on average
+4%prices vs a year ago
~19 dayshomes like this take to sell
100days on market so far
$4,384/moest. rent · 32 leases
4.3%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.1 months of inventory: 19 detached homes for sale in the area against 14 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $945/sqft against an area asking average of $835/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $960K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in College Park, so I widened the search to the surrounding area.

Based on 14 comparable homes that sold in College Park over the past two years, from 119 closings there.

What sellers nearby are askingCurrently listed nearby in College Park · asking prices
$1.23Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.07M, which is where my estimate comes from.

Per square foot, these ask about $903/sqft; this home lists at $945/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.23MThis home1.29M1.30M1.18M1.28M1.10MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Oakville: $1.55M in September 2026, down 2% from a year ago, on 1,378 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Oakville as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.60M143
November 2025$1.64M110
December 2025$1.61M63
January 2026$1.62M51
February 2026$1.54M70
March 2026$1.63M101
April 2026$1.65M158
May 2026$1.68M192
June 2026$1.65M166
July 2026$1.60M134
August 2026$1.60M103
September 2026$1.55M87

Neighbourhood & location

College Park, 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.

Nearby neighbourhoods

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

Falgarwood
$1.34M
Wedgewood Creek
$1.40M
River Oaks
$1.40M
Glen Abbey
$1.64M
Morrison
$3.12M

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
$5,597/mo
$229KIncome needed
5.4×Price ÷ income
$1,292Weekly cost
$21,035Land transfer tax, one-time (Ontario)
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 $5,597Property tax $415Total carry $6,012

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,432per month

Mortgage amount $982,400 · 4.49% over 25 years

$245,600Down payment (20.0%)
$982,400Loan before insurance
$0CMHC premium
$5,847Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,432
Property tax
$415
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,847

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

One-time closing costs

Ontario land transfer tax
$21,035
Estimated closing costs
$21,035

Plus your down payment of $245,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,574/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

$647,157Total interest paid
$1,629,557Total of all payments
Principal $982,400 Interest $647,157
YearPrincipalInterestBalance
1$21,923$43,259$960,477
2$22,918$42,264$937,559
3$23,959$41,223$913,600
4$25,047$40,136$888,553
5$26,184$38,998$862,369
6$27,373$37,809$834,996
7$28,616$36,567$806,380
8$29,915$35,267$776,465
9$31,273$33,909$745,192
10$32,693$32,489$712,499
11$34,178$31,005$678,321
12$35,729$29,453$642,592
13$37,352$27,831$605,240
14$39,048$26,135$566,193
15$40,820$24,362$525,372
16$42,674$22,508$482,698
17$44,611$20,571$438,087
18$46,637$18,545$391,450
19$48,754$16,428$342,695
20$50,968$14,214$291,727
21$53,282$11,900$238,445
22$55,702$9,481$182,744
23$58,231$6,952$124,513
24$60,874$4,308$63,638
25$63,638$1,544$0

At the end of your 5-year term

Total paid over the term
$325,911
Principal paid down
$120,031
Interest paid
$205,880
Balance remaining
$862,369

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
From 32 whole-home leases in College Park$4,384/mo
$52,608Gross annual rent
3.3%Cap rate after taxes and upkeep
$3,918 to $4,755Typical rent range
~12 daysTo find a tenant, on average

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

Talk about the numbers

The last 32 whole-home leases in College Park signed at a median of $4,166 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,384. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.3%
Gross yield
− Property tax $4,978− Insurance $1,400− Vacancy & upkeep $5,787Net operating income $40,443

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

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