1179 Carey Road, Oakville, ON

Morrison, Oakville · MLS® W13548392

$3,450,000
For Sale
Listed 7 days ago
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5Bedrooms
5Bathrooms
2Garage · 8 parking
3000-3500Sq Ft

About this home

Exceptional contemporary family home on a premium 87x 179 southwest lot on one of Southeast Oakville's most sought-after streets, just steps to top-ranked public schools and prestigious private schools including Linbrook School & St. Mildred's-Lightbourn School. Offering over 5,000 sq. ft. of beautifully finished living space, this impressive residence offers modern design and exceptional family functionality. A generous foyer creates a stunning first impression, with sightlines extending through the home to the beautifully landscaped rear gardens. Professionally designed outdoor living features extensive hardscaping, an inground pool, hot tub, covered gazebo, fire pit zone, and landscape lighting, creating a private resort-like setting for entertaining and family enjoyment. The thoughtfully designed layout offers 4+2 bedrooms and 3+2 bathrooms. All bedrooms feature built-in closets, while the luxurious primary suite boasts dual walk-in closets and a spa-inspired ensuite with double vanity, soaker tub, and separate shower. The heart of the home is a stunning contemporary kitchen overlooking the spacious family room with a gas fireplace and wall of sliding glass doors opening to the private backyard oasis. Elegant principal rooms include a formal living room with fireplace and oversized windows, a separate dining room, a dedicated main floor office, and a well-appointed mudroom with inside access to the attached two-car garage.The fully finished lower level includes a spacious rec room with gas fireplace, adjoining billiards area, two additional bedrooms, a sauna, laundry room with second refrigerator, direct access to the side yard-ideal for guests, extended family, or recreation. Nestled on one of Southeast Oakville's most desirable streets, this exceptional property offers the charm and tranquility of an established neighbourhood with mature trees, beautiful parks, and convenient access to lakeside parks and Downtown Oakville.

Key facts

Property type
Detached, 2-Storey
MLS®
W13548392
Bedrooms
5 (4 + 1)
Bathrooms
5 (2 half)
Size
3000-3500
Lot
87.28 × 170.59 ft
Cross streets
Morrison Rd/Linbrook Rd
Parking
2 garage · 8 parking (attached)
Driveway
Private Double
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Wood
Foundation
Concrete Block
Roof
Flat
Sewer
Sewer
Pool
Inground
Property tax
$15,466 / 2025
Days on market
7
Listing brokerage
Royal LePage Real Estate Services Ltd., Brokerage

Rooms

Mud RoomMain2.64 × 1.52 m
Living RoomMain6.17 × 4.04 m

Fireplace

BathroomSecond3.18 × 2.49 m

5 Pc Bath

Dining RoomMain4.55 × 4.14 m
RecreationLower5.94 × 3.91 m
Primary BedroomSecond6.48 × 4.62 m

5 pc ensuite · walk-in closet(s) · closet

Exercise RoomLower5.92 × 3.94 m
Powder RoomMain1.80 × 1.45 m
OtherLower2.06 × 1.65 m

Sauna

BathroomLower3.30 × 1.73 m
Cold Room/CantinaLower2.74 × 1.85 m
Bedroom 4Second4.29 × 3.63 m
OtherLower3.40 × 3.33 m
Family RoomMain6.05 × 4.72 m

Fireplace

Utility RoomLower3.10 × 2.24 m
Bedroom 3Second4.67 × 3.63 m

Semi Ensuite

OfficeMain4.27 × 2.44 m
LaundryLower4.04 × 2.62 m
FoyerMain3.56 × 2.64 m
BedroomLower4.34 × 4.11 m
KitchenMain5.84 × 3.35 m
Bedroom 2Second4.32 × 3.78 m

Semi Ensuite

Moe’s TakeTeam Asgarian · Broker
In line
$3.20Mest. value

Listed at $3,450,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.28M, 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 $3.89M
  • Bedrooms +$30K
  • Adjusts to $3.92M

That comparable adjusts to $3.92M; the $3.20M estimate above is the median of all 5 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. Linbrook Rd + Chamberlain Ln is about a 2-minute walk away.

List price
$2.90MGreat deal$3.58MOverpriced

Total price vs nearby homes. Fair value about $3.20M, median of 5 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.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Primary suite: a key comfort and resale feature.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Weigh carefully
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$3.28Mavg asking

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

176 Weybourne Road$3.50M203 Weybourne Road$3.76M540 Weir Avenue$2.95M18 Florence Drive$2.85M2160 Aintree Terrace$3.33M

The 5 closest of 8 active listings nearby.

See all comparable homes
3.45MThis home3.50M3.76M2.95M2.85M3.33MThis home vs active comparables
Live market pulseActive comparables in Morrison · median list $4.00M
$1,062this home / sqft
17active listings nearby
7days on market

This home lists 12% below the area average of $1,206/sqft.

2 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

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: Linbrook Rd + Chamberlain Ln, about 170 m away

20+ transit stops1 grocery12 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
Southwest
$3.79M

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
$15,724/mo
$642KIncome needed
5.4×Price ÷ income
$3,629Weekly 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 $15,724Property tax $1,289Total carry $17,013

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)
$14,728per month

Mortgage amount $2,760,000 · 4.14% over 25 years

$690,000Down payment (20.0%)
$2,760,000Loan before insurance
$0CMHC premium
$16,017Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,728
Property tax
$1,289
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16,017

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

One-time closing costs

Ontario land transfer tax
$72,725
Estimated closing costs
$72,725

Plus your down payment of $690,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$17,889/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

$1,658,515Total interest paid
$4,418,515Total of all payments
Principal $2,760,000 Interest $1,658,515
YearPrincipalInterestBalance
1$64,657$112,083$2,695,343
2$67,362$109,379$2,627,981
3$70,179$106,561$2,557,802
4$73,115$103,626$2,484,687
5$76,173$100,567$2,408,513
6$79,359$97,381$2,329,154
7$82,679$94,062$2,246,475
8$86,137$90,603$2,160,338
9$89,740$87,000$2,070,598
10$93,494$83,247$1,977,104
11$97,405$79,336$1,879,699
12$101,479$75,262$1,778,220
13$105,724$71,017$1,672,496
14$110,146$66,595$1,562,350
15$114,753$61,987$1,447,597
16$119,553$57,188$1,328,044
17$124,554$52,187$1,203,490
18$129,764$46,977$1,073,727
19$135,192$41,549$938,535
20$140,846$35,894$797,689
21$146,738$30,003$650,951
22$152,876$23,865$498,075
23$159,270$17,470$338,805
24$165,932$10,808$172,873
25$172,873$3,868$0

At the end of your 5-year term

Total paid over the term
$883,703
Principal paid down
$351,487
Interest paid
$532,216
Balance remaining
$2,408,513

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$6,300/mo
$75,600Gross 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.

2.2%
Gross yield
− Property tax $15,466− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $50,418

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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