230 Morrison Road, Oakville, ON
Morrison, Oakville · MLS® W13538440
About this home
Exceptional property, situated in prime Morrison area of southeast Oakville, 1.293 Acres with tall trees and English-country gardens, abutting Morrison Creek at the back for total privacy. The home offers a sense of timeless elegance and warmth, with rich solid-wood floors in principal rooms and light pouring in from multiple bay windows throughout. Walk into the refined living room/great room and find a grand, wood-burning fireplace, with lush views of the backyard from both bay windows. The dining room offers a sophisticated light-filled space from a front-facing bay window and provides ample table room for large gatherings. Next to the dining room is the charming office space, with built-in bookshelves and wood floors, plus a walkout to yard. There is a potential in-law suite at the end of this row, with a den and a 4-pc bathroom (was originally planned as one). The eat-in kitchen provides plenty of cupboard space and a cozy sunroom added - a tranquil reading nook looking out to the gardens. The spacious, charming primary bedroom provides a 4-pc ensuite bathroom, walk-in closet, and an adorable alcove/sitting room looking out to the front courtyard. Down the hall, a sunny, quaint walk-through to the back wing looks out to the private courtyard and 40' salt-water pool, with skylights and a separate entry. Two more 2 bedrooms plus a 5-pc bathroom services this wing. The property provides lovely landscaping, trees and fragrant bushes in the expansive backyard, with the lawn extending all the way back to the slope of Morrison Creek and the protected flood plain below. Lot measures: 112ft (front and back) x 497ft (south side) x 505ft (north side). There is a 2-car garage and ample parking on the interlock driveway. Oakville Trafalgar High School district. Showings are by appointment only.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13538440
- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 2500-3000
- Lot
- 112.7 × 479 ft
- Cross streets
- Lakeshore/Morrison
- Parking
- 2 garage · 6 parking (detached)
- Basement
- Unfinished
- Heating
- Baseboard
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete Block
- Roof
- Metal
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $15,351 / 2026
- Days on market
- 9
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
walk-out · bay window · b/i bookcase
Bay Window
Eat-in Kitchen
bay window · hardwood floor
fireplace · bay window · hardwood floor
Bay Window
combined w/primary · walk-out · picture window
Bay Window
Listed at $4,488,800, this home is tracking about 18% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run 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 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.54M, 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 $3.30M
- Size difference −$692K
- Bathrooms −$15K
- Adjusts to $2.59M
That comparable adjusts to $2.59M; the $3.80M estimate above is the median of all 6 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 + Morrison Rd is about a 7-minute walk away.
Total price vs nearby homes. Fair value about $3.80M, median of 6 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.
- Primary suite: a key comfort and resale feature.
- 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 15% above the area average of $1,416/sqft.
4 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
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 + Morrison Rd, about 564 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 $3,591,040 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $19,163
- Property tax
- $1,279
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $20,442
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $98,695
- Estimated closing costs
- $98,695
Plus your down payment of $897,760. 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
- $1,149,787
- Principal paid down
- $457,320
- Interest paid
- $692,468
- Balance remaining
- $3,133,720
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.