2306 Devon Road, Oakville, ON

Ford, Oakville · MLS® W13537854

$1,349,000
For Sale
Listed 9 days ago
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3Bedrooms
3Bathrooms
1Garage · 3 parking
1100-1500Sq Ft

About this home

Welcome To 2306 Devon Rd, A Rare Gem Nestled In One Of South East Oakville's Most Prestigious And Family-Friendly Neighbourhoods. This Beautifully Maintained Detached Backsplit Bungalow Showcases Elegant Design, Bright Open Spaces And Exceptional Comfort Throughout. Offering 3 Spacious Bedrooms And 2.5 Bathrooms, This Home Features A Functional Open-Concept Layout Perfect For Modern Living. Welcoming Foyer with Pot Lights Throughout The Main Level. Skylights Flood The Home With Natural Light All Day Long, Creating A Warm And Inviting Atmosphere Without The Need For Artificial Lighting. Stylish Luxury Vinyl Plank Flooring Adds Both Beauty And Durability. Spacious Living And Dining Areas With Large Windows Are Ideal For Everyday Living And Entertaining. Modern Kitchen Equipped With Stainless Steel Appliances, Granite Countertops, Breakfast Bar And Ample Storage Space. Primary Bedroom Retreat Features A Walk-In Closet . Finished Basement Includes A Large Rec Room, Utility Room And Additional 3-Piece Bathroom. Fully Fenced Backyard Perfect For Privacy, Relaxation And Outdoor Gatherings. Enjoy The Added Benefit Of No Neighbours On One Side, Offering Extra Privacy And Open Space. Conveniently Located Close To Top-Rated Schools - Maple Grove Public School, Oakville Trafalgar Secondary School, EJ James (French Immersion), Parks, Shopping, GO Transit, QEW And Highway 403 For Effortless Commuting.

Key facts

Property type
Detached, Backsplit 3
MLS®
W13537854
Bedrooms
3
Bathrooms
3 (1 half)
Size
1100-1500
Lot
45 × 100 ft
Cross streets
Drive north on Ford Dr from Lakeshore Rd
Parking
1 garage · 3 parking (attached)
Driveway
Private Double
Basement
Partially Finished, Partial Basement
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,676 / 2025
Days on market
9
Listing brokerage
RE/MAX ABOUTOWNE REALTY CORP.

Rooms

Dining RoomSecond3.66 × 3.32 m
OtherLower1.43 × 1.69 m
Primary BedroomSecond3.61 × 3.51 m
Utility RoomLower3.21 × 4.06 m
RecreationLower5.77 × 8.15 m
Living RoomSecond6.60 × 3.83 m
BedroomSecond3.59 × 3.51 m
KitchenSecond3.66 × 3.62 m
BedroomSecond2.61 × 3.76 m
Moe’s TakeTeam Asgarian · Broker
In the wider range
$1.18Mest. value

Listed at $1,349,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

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 $1.38M, a bit higher. 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 $1.59M
  • Bathrooms +$15K
  • Adjusts to $1.60M

That comparable adjusts to $1.60M; the $1.18M 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. Devon Rd + Deer Run Park is about a 1-minute walk away.

List price
$785KGreat deal$1.60MOverpriced

Total price vs nearby homes. Fair value about $1.18M, 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.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.47Mavg asking

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

320 Ashbury Road$1.34M39 Culham Street$1.14M2269 Wuthering Heights Way$1.82M3395 Post Road$1.59M3287 Victoria Street$1.48M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.35MThis home1.34M1.14M1.82M1.59M1.48MThis home vs active comparables
Live market pulseActive comparables in Ford · median list $3.00M
$1,038this home / sqft
10active listings nearby
9days on market

This home lists 26% below the area average of $1,397/sqft.

4 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

Ford, 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

41/ 100

Somewhat 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.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: Devon Rd + Deer Run Park, about 55 m away

20+ transit stops1 grocery20+ dining14 parks1 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.

Morrison
$5.03M
Joshua Creek
$2.27M
College Park
$1.28M
Joshua Meadows
$1.47M
River Oaks
$1.60M

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
$6,148/mo
$252KIncome needed
5.4×Price ÷ income
$1,419Weekly 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 $6,148Property tax $473Total carry $6,621

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)
$5,759per month

Mortgage amount $1,079,200 · 4.14% over 25 years

$269,800Down payment (20.0%)
$1,079,200Loan before insurance
$0CMHC premium
$6,232Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,759
Property tax
$473
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,232

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

One-time closing costs

Ontario land transfer tax
$23,455
Estimated closing costs
$23,455

Plus your down payment of $269,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,995/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

$648,504Total interest paid
$1,727,704Total of all payments
Principal $1,079,200 Interest $648,504
YearPrincipalInterestBalance
1$25,282$43,826$1,053,918
2$26,339$42,769$1,027,579
3$27,441$41,667$1,000,137
4$28,589$40,519$971,548
5$29,785$39,323$941,764
6$31,031$38,077$910,733
7$32,329$36,779$878,404
8$33,681$35,427$844,723
9$35,090$34,018$809,634
10$36,557$32,551$773,076
11$38,087$31,022$734,990
12$39,680$29,428$695,310
13$41,339$27,769$653,970
14$43,069$26,039$610,902
15$44,870$24,238$566,032
16$46,747$22,361$519,285
17$48,702$20,406$470,582
18$50,739$18,369$419,843
19$52,862$16,246$366,981
20$55,073$14,035$311,908
21$57,377$11,732$254,531
22$59,777$9,332$194,755
23$62,277$6,831$132,478
24$64,882$4,226$67,596
25$67,596$1,512$0

At the end of your 5-year term

Total paid over the term
$345,541
Principal paid down
$137,436
Interest paid
$208,104
Balance remaining
$941,764

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$2,300/mo
$27,600Gross annual rent
1.3%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.

2.0%
Gross yield
− Property tax $5,676− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,488

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ABOUTOWNE REALTY CORP.. MLS®/PropTx.

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