2366 Devon Road, Oakville, ON

Ford, Oakville · MLS® W13550196

$2,149,000
For Sale
Listed 7 days ago
5Bedrooms
4Bathrooms
2Garage · 4 parking
2000-2500Sq Ft

About this home

Extensively Renovated Inside and Out | Premium Miele Appliances | Custom Millwork Throughout | Private Backyard Oasis with Pool.Welcome to 2366 Devon Road, an extensively renovated family residence nestled on a quiet, tree-lined street in Oakville's prestigious Eastlake community. Offering 4+1 bedrooms and 4 beautifully updated bathrooms, this exceptional home seamlessly blends timeless elegance with modern functionality, delivering a truly turnkey lifestyle.Thoughtfully redesigned from top to bottom, the home showcases superior craftsmanship and substantial investments in upgrades, including a newer roof, updated electrical systems, refined interior finishes, and meticulously curated living spaces. At the heart of the home is a stunning chef-inspired kitchen featuring premium Miele appliances, custom cabinetry, and abundant storage solutions designed for both everyday family living and effortless entertaining.Luxury custom millwork is highlighted throughout, including beautifully crafted kitchen cabinetry, designer bathroom vanities, and an elegant built-in bar area, adding sophistication, warmth, and practicality to the home. Spacious principal rooms, a dedicated home office, and a versatile fifth bedroom provide exceptional flexibility for growing families, multigenerational living, guests, or those seeking an inspiring work-from-home environment.Step outside to your own private backyard oasis featuring an inviting in-ground swimming pool, mature landscaping, and generous entertaining space, creating the perfect setting for summer gatherings, family fun, and relaxing weekends at home.Ideally located near top-ranked schools, parks, scenic trails, shopping, fine dining, and major commuter routes, this meticulously upgraded residence presents a rare opportunity to own a truly move-in-ready family home in one of Oakville's most sought-after neighbourhoods.

Key facts

Property type
Detached, 2-Storey
MLS®
W13550196
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
2000-2500
Lot
60 × 114 ft
Cross streets
Lakeshore / Devon
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Brick Front
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Pool
Inground
Property tax
$6,719 / 2025
Days on market
7
Listing brokerage
BAY STREET HARBORELITE REALTY

Rooms

RecreationLower4.18 × 7.51 m
Dining RoomMain4.56 × 3.48 m

2 way fireplace · hardwood floor

Primary BedroomSecond3.41 × 4.94 m

Hardwood Floor

Living RoomMain3.46 × 6.07 m

Hardwood Floor

Bedroom 4Second3.09 × 3.50 m

Hardwood Floor

Bedroom 2Second3.68 × 3.07 m

Hardwood Floor

Bedroom 3Second3.02 × 4.81 m

Hardwood Floor

KitchenMain4.11 × 4.57 m
OfficeMain2.58 × 2.53 m

hardwood floor · 5 pc ensuite

Moe’s TakeTeam Asgarian · Broker
In line
$2.16Mest. value

Listed at $2,149,000, this home is right in line with comparable homes. 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 $1.69M, 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 $2.48M
  • Bedrooms +$30K
  • Adjusts to $2.50M

That comparable adjusts to $2.50M; the $2.16M 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. Devon Rd + Lakeshore Rd East is about a 1-minute walk away.

List price
$1.92MGreat deal$2.50MOverpriced

Total price vs nearby homes. Fair value about $2.16M, 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • 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.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$1.65Mavg asking

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

2425 QUETICO Crescent$1.70M2463 Parkglen Avenue$1.69M583 Stephens Crescent$1.65M2048 Sixth Line$1.64M241 Lexington Road$1.55M

The 5 closest of 7 active listings nearby.

See all comparable homes
2.15MThis home1.70M1.69M1.65M1.64M1.55MThis home vs active comparables
Live market pulseActive comparables in Ford · median list $2.35M
$955this home / sqft
6active listings nearby
7days on market

This home lists 1% below the area average of $960/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

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

30/ 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 + Lakeshore Rd East, about 48 m away

20+ transit stops13 parks

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
$9,794/mo
$392KIncome needed
5.5×Price ÷ income
$2,260Weekly 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.

95%mortgage
Mortgage $9,794Property tax $560Total carry $10,354

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)
$9,174per month

Mortgage amount $1,719,200 · 4.14% over 25 years

$429,800Down payment (20.0%)
$1,719,200Loan before insurance
$0CMHC premium
$9,734Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,174
Property tax
$560
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,734

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

One-time closing costs

Ontario land transfer tax
$40,200
Estimated closing costs
$40,200

Plus your down payment of $429,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11,143/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

$1,033,087Total interest paid
$2,752,287Total of all payments
Principal $1,719,200 Interest $1,033,087
YearPrincipalInterestBalance
1$40,275$69,817$1,678,925
2$41,960$68,132$1,636,966
3$43,715$66,377$1,593,251
4$45,543$64,548$1,547,708
5$47,448$62,643$1,500,259
6$49,433$60,659$1,450,827
7$51,501$58,591$1,399,326
8$53,655$56,437$1,345,671
9$55,899$54,192$1,289,772
10$58,237$51,854$1,231,535
11$60,673$49,418$1,170,862
12$63,211$46,880$1,107,651
13$65,855$44,236$1,041,796
14$68,610$41,482$973,186
15$71,480$38,612$901,706
16$74,469$35,622$827,237
17$77,584$32,507$749,652
18$80,830$29,262$668,823
19$84,211$25,881$584,612
20$87,733$22,358$496,879
21$91,403$18,689$405,476
22$95,226$14,865$310,250
23$99,209$10,882$211,041
24$103,359$6,733$107,682
25$107,682$2,409$0

At the end of your 5-year term

Total paid over the term
$550,457
Principal paid down
$218,941
Interest paid
$331,517
Balance remaining
$1,500,259

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$4,200/mo
$50,400Gross annual rent
1.7%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 $6,719− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $36,737

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BAY STREET HARBORELITE REALTY. MLS®/PropTx.

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