376 Wedgewood Drive, Oakville, ON

Morrison, Oakville · MLS® W13543596

$3,898,000
For Sale
Listed 8 days ago
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5Bedrooms
5Bathrooms
2Garage · 7 parking
3500-5000Sq Ft

About this home

Set on a pristinely landscaped lot in coveted Morrison, this refined family residence blends timeless architecture w/everyday livability in one of Oakville's most prestigious neighbourhoods. Positioned w/in a supreme school catchment, steps to Oakville Trafalgar HS, & moments to parks, Edgemere Promenade + local amenities, the location is as exceptional as the home itself. Traditional detailing, steep gables + crisp architectural lines lend a classic presence, while mature trees, curated gardens + layered natural stone frame the polished exterior. The resort-inspired rear grounds with a glistening pool, stone lounges + tranquil gardens are ideal for family fun. With over 5500sf of living space, 4+1 beds & 4.5 baths this home space + privacy when needed. Expansive glazing + elevated ceilings define bright, airy principal spaces. The dining room anchors the main level, seamlessly connecting the great room + expansive kitchen for effortless entertaining. The great room is centred around a fireplace + opens through double French doors to a private lounge with concrete gas fire bowl. The oversized kitchen island creates a natural gathering place, while a tucked-away home office overlooks the lush front gardens.The upper level offers four generously sized bedrooms with elevated ceilings, walk-in closets + expansive glazing. Privately positioned, the primary suite features vaulted ceilings, a marble fireplace, fully outfitted dressing room + hotel-inspired ensuite.The LL extends the home's polished living spaces w/a spacious rec room, wet bar, games area, additional bedroom + full bath. Outdoors, multiple lounge + dining areas surround the resort-style pool beneath a canopy of mature trees, creating a private setting designed for both relaxed living + effortless entertaining. This is a refined home with a polished exterior in one of Oakville's most established neighbourhoods.

Key facts

Property type
Detached, 2-Storey
MLS®
W13543596
Bedrooms
5 (4 + 1)
Bathrooms
5 (1 half)
Size
3500-5000
Lot
76 × 146 ft
Cross streets
Devon Road / Wedgewood Drive
Parking
2 garage · 7 parking (attached)
Driveway
Private Double
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Wood
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$17,902 / 2026
Days on market
8
Listing brokerage
CENTURY 21 MILLER REAL ESTATE LTD.

Rooms

Exercise RoomBasement5.28 × 4.19 m
OfficeMain4.22 × 3.02 m
Bedroom 3Second5.56 × 3.73 m
LaundrySecond4.22 × 2.11 m
KitchenMain5.21 × 4.24 m
SittingSecond3.73 × 3.23 m
Bedroom 4Second4.57 × 3.66 m
Dining RoomMain4.88 × 3.45 m
Mud RoomMain6.91 × 3.02 m
Living RoomMain8.46 × 6.38 m
BedroomBasement3.63 × 3.45 m
FoyerMain4.70 × 3.68 m
OtherBasement6.12 × 2.90 m
Bedroom 2Second7.29 × 3.71 m
Primary BedroomSecond5.21 × 5.18 m
Utility RoomBasement3.66 × 2.44 m
RecreationBasement7.14 × 5.28 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$4.82Mest. value

Listed at $3,898,000, this home is about 19% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

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 $3.96M, a bit lower.

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 $3.79M
  • Bathrooms −$15K
  • Adjusts to $3.77M

That comparable adjusts to $3.77M; the $4.82M 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 + Wedgewood Dr is about a 1-minute walk away.

List price
$3.90MGreat deal$4.98MOverpriced

Total price vs nearby homes. Fair value about $4.82M, 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Worth verifying
  • Value driver
Comparable listingsCurrently listed nearby in Morrison · asking prices
$4.24Mavg asking

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

1388 Acton Crescent$4.00M1479 Briarwood Crescent$3.79M1508 Oakhill Drive$3.74M1100 Cedar Grove Boulevard$4.69M1522 Devon Road$4.99M

The 5 closest of 8 active listings nearby.

See all comparable homes
3.90MThis home4.00M3.79M3.74M4.69M4.99MThis home vs active comparables
Live market pulseActive comparables in Morrison · median list $4.69M
$917this home / sqft
18active listings nearby
8days on market

This home lists 31% below the area average of $1,325/sqft.

3 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

Morrison, 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

57/ 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 + Wedgewood Dr, about 25 m away

20+ transit stops1 grocery10 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.

Ford
$2.51M
College Park
$1.28M
Joshua Creek
$2.27M
River Oaks
$1.60M
Joshua Meadows
$1.47M

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
$17,766/mo
$726KIncome needed
5.4×Price ÷ income
$4,100Weekly 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.

92%mortgage
Mortgage $17,766Property tax $1,492Total carry $19,258

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)
$16,641per month

Mortgage amount $3,118,400 · 4.14% over 25 years

$779,600Down payment (20.0%)
$3,118,400Loan before insurance
$0CMHC premium
$18,133Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$16,641
Property tax
$1,492
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$18,133

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

One-time closing costs

Ontario land transfer tax
$83,925
Estimated closing costs
$83,925

Plus your down payment of $779,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$20,212/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

$1,873,882Total interest paid
$4,992,282Total of all payments
Principal $3,118,400 Interest $1,873,882
YearPrincipalInterestBalance
1$73,053$126,638$3,045,347
2$76,109$123,582$2,969,238
3$79,293$120,399$2,889,945
4$82,609$117,082$2,807,336
5$86,065$113,627$2,721,271
6$89,665$110,027$2,631,606
7$93,415$106,276$2,538,191
8$97,323$102,369$2,440,869
9$101,393$98,298$2,339,475
10$105,635$94,057$2,233,840
11$110,053$89,638$2,123,787
12$114,656$85,035$2,009,131
13$119,452$80,239$1,889,678
14$124,449$75,242$1,765,230
15$129,654$70,037$1,635,575
16$135,078$64,614$1,500,497
17$140,728$58,964$1,359,770
18$146,614$53,077$1,213,155
19$152,747$46,944$1,060,409
20$159,136$40,555$901,273
21$165,792$33,899$735,480
22$172,727$26,964$562,753
23$179,952$19,739$382,801
24$187,479$12,212$195,321
25$195,321$4,370$0

At the end of your 5-year term

Total paid over the term
$998,456
Principal paid down
$397,129
Interest paid
$601,327
Balance remaining
$2,721,271

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$7,350/mo
$88,200Gross annual rent
1.5%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.

2.3%
Gross yield
− Property tax $17,902− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $59,196

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 MILLER REAL ESTATE LTD.. MLS®/PropTx.

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