281 Pinehurst Drive, Oakville, ON

Ford, Oakville · MLS® W13539976

$2,199,000
For Sale
Listed 9 days ago
4Bedrooms
3Bathrooms
2Garage · 6 parking
2500-3000Sq Ft

About this home

Welcome to 281 Pinehurst Dr., a sprawling 3 + 1 bedroom bungalow in Oakville's Eastlake neighbourhood. This exquisite 2500+ sf home offers three full bathrooms and hardwood floors on the main level. Renovated with an addition in 1998, the kitchen boasts granite countertops, and eat in area. The kitchen/family room extends into a generous living room and dining room making it easy to entertain guests. California shutters throughout. The radiant heating system makes this home very comfortable with efficient and consistent heat distribution. Heated floors in kitchen and bathroom. The Master bedroom features a 5pc ensuite and walkout to rear patio and private cedar-lined yard. The finished basement adds an extra 800+ sf of living space, plus a large storage area. Situated on a large 100' lot on a quiet street, this is the perfect setting to raise a family and take advantage of Oakville's vibrant community, excellent schools and desirable setting near Lake Ontario.

Key facts

Property type
Detached, Bungalow
MLS®
W13539976
Bedrooms
4 (3 + 1)
Bathrooms
3
Size
2500-3000
Lot
106 × 147 ft
Cross streets
Lakeshore Rd E and Maple Grove Dr.
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Full, Finished
Heating
Radiant
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$13,646 / 2025
Days on market
9
Listing brokerage
Royal LePage Real Estate Services Ltd., Brokerage

Rooms

OtherMain3.35 × 1.95 m

Walk-In Closet(s)

BreakfastMain2.69 × 3.59 m
Utility RoomBasement3.29 × 3.46 m

Pantry

BathroomMain2.60 × 2.16 m

3 Pc Bath

Living RoomMain4.73 × 5.91 m

Fireplace

Dining RoomMain3.52 × 5.42 m
Utility RoomBasement6.69 × 6.05 m
DenBasement3.06 × 3.79 m
Bedroom 3Main3.58 × 3.11 m
Primary BedroomMain3.81 × 6.88 m

5 pc ensuite · w/o to patio

RecreationBasement7.38 × 4.01 m
KitchenMain2.69 × 5.96 m
Bedroom 2Main3.58 × 4.45 m

3 Pc Ensuite

Family RoomMain3.53 × 5.42 m
BedroomBasement4.09 × 5.38 m
LaundryMain1.85 × 3.14 m

Access To Garage

Furnace RoomBasement7.39 × 6.52 m
Moe’s TakeTeam Asgarian · Broker
Below the wider set
$2.71Mest. value

Listed at $2,199,000, this home is tracking about 19% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. 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 20 similar homes nearby, adjusted for size, beds, and baths.Median of 20 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.14M, 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 $2.35M
  • Adjusts to $2.35M

That comparable adjusts to $2.35M; the $2.71M estimate above is the median of all 20 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 + Donnybrook Rd is about a 5-minute walk away.

List price
$2.20MGreat deal$3.03MOverpriced

Total price vs nearby homes. Fair value about $2.71M, median of 20 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.
  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
  • Heated floors: comfort and a premium-finish signal.
  • Primary suite: a key comfort and resale feature.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Ford · asking prices
$2.34Mavg asking

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

2255 BETHNAL GREEN Road$2.35M392 Aspen Forest Drive$2.48M120 Blyth Crescent$2.56M456 Aspen Forest Drive$2.16M2366 Devon Road$2.15M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.20MThis home2.35M2.48M2.56M2.16M2.15MThis home vs active comparables
Live market pulseActive comparables in Ford · median list $2.56M
$800this home / sqft
22active listings nearby
9days on market

This home lists 29% below the area average of $1,129/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

55/ 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: Devon Rd + Donnybrook Rd, about 375 m away

20+ transit stops1 grocery13 dining20+ parks3 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
$10,022/mo
$422KIncome needed
5.2×Price ÷ income
$2,313Weekly 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.

90%mortgage
Mortgage $10,022Property tax $1,137Total carry $11,159

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)
$9,388per month

Mortgage amount $1,759,200 · 4.14% over 25 years

$439,800Down payment (20.0%)
$1,759,200Loan before insurance
$0CMHC premium
$10,525Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,388
Property tax
$1,137
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,525

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

One-time closing costs

Ontario land transfer tax
$41,450
Estimated closing costs
$41,450

Plus your down payment of $439,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11,402/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

$1,057,123Total interest paid
$2,816,323Total of all payments
Principal $1,759,200 Interest $1,057,123
YearPrincipalInterestBalance
1$41,212$71,441$1,717,988
2$42,936$69,717$1,675,052
3$44,732$67,921$1,630,320
4$46,603$66,050$1,583,718
5$48,552$64,101$1,535,165
6$50,583$62,070$1,484,582
7$52,699$59,954$1,431,884
8$54,903$57,750$1,376,980
9$57,200$55,453$1,319,781
10$59,592$53,061$1,260,189
11$62,085$50,568$1,198,104
12$64,682$47,971$1,133,422
13$67,387$45,266$1,066,035
14$70,206$42,447$995,829
15$73,143$39,510$922,686
16$76,202$36,451$846,484
17$79,390$33,263$767,094
18$82,710$29,943$684,384
19$86,170$26,483$598,214
20$89,774$22,879$508,440
21$93,529$19,124$414,910
22$97,442$15,211$317,469
23$101,517$11,136$215,951
24$105,764$6,889$110,188
25$110,188$2,465$0

At the end of your 5-year term

Total paid over the term
$563,265
Principal paid down
$224,035
Interest paid
$339,230
Balance remaining
$1,535,165

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$5,250/mo
$63,000Gross annual rent
1.9%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.

2.9%
Gross yield
− Property tax $13,646− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $41,024

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Royal LePage Real Estate Services Ltd., Brokerage. MLS®/PropTx.

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