393 Maple Grove Drive, Oakville, ON
Morrison, Oakville · MLS® W13533014
About this home
Nestled within one of Oakville's esteemed neighborhoods, this exceptional residence epitomizes luxury living. Boasting proximity to the lake, renowned schools, tennis courts, parks, and various amenities, this property offers a blend of convenience and exclusivity. Upon entering, guests are welcomed by an exquisite interior spanning over 5,000 square feet of above-grade living space. The detached home showcases a distinctive architectural design and impeccable artisanship, radiating elegance. Crafted to emulate a lavish retreat, the residence features an array of amenities including an in-ground pool, hot tub, backyard putting green, a meticulously landscaped outdoor area complete with a bathroom and shower. Inside this dream showhome offers ample space for entertaining. In the kitchen, grey-blue cabinets with black uppers pair beautifully with a sleek quartz countertop and backsplash for a modern industrial look. A two-storey hallway connects the kitchen to the rest of the main floor and offers drama of its own with rich velvet drapes and a series of French doors. Enjoy this one of a kind basement including a bowling alley, a gym room, open-concept media room and a 5th guest bedroom. Luxury Certified.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13533014
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 6 (1 half)
- Size
- 5,000 sq ft
- Lot
- 80 × 150 ft
- Cross streets
- Devon Rd And Maple Grove Dr
- Parking
- 3 garage · 8 parking (attached)
- Driveway
- Private Double
- Basement
- Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $24,380 / 2025
- Days on market
- 10
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
b/i appliances · breakfast area · centre island
4 pc bath · closet · hardwood floor
Hardwood Floor
semi ensuite · double closet · hardwood floor
gas fireplace · w/o to terrace · hardwood floor
bar sink · hardwood floor
formal rm · b/i bookcase · 2 way fireplace
4 pc ensuite · double closet · hardwood floor
2 way fireplace · french doors · w/o to terrace
Hardwood Floor
walk-in closet(s) · 6 pc ensuite · vaulted ceiling(s)
semi ensuite · double closet · vaulted ceiling(s)
2 pc bath · vaulted ceiling(s) · large closet
Listed at $5,888,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $5.31M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $10.88M
- Bathrooms −$15K
- Adjusts to $10.87M
That comparable adjusts to $10.87M; the $5.80M estimate above is the median of all 12 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. Devon Rd + Maple Grove Dr is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $5.80M, median of 12 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Open-concept layout: modern, sought-after flow.
- Weigh carefully
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 9% below the area average of $1,300/sqft.
5 days longer than the Oakville average (5 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Morrison, Oakville, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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 Rd + Maple Grove Dr, about 25 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $4,710,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $25,136
- Property tax
- $2,032
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $27,168
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $133,675
- Estimated closing costs
- $133,675
Plus your down payment of $1,177,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $1,508,187
- Principal paid down
- $599,871
- Interest paid
- $908,316
- Balance remaining
- $4,110,529
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.