2463 Parkglen Avenue, Oakville, ON

Westmount, Oakville · MLS® W13551896

$1,689,000
For Sale
Listed 7 days ago
5Bedrooms
4Bathrooms
2Garage · 4 parking
2000-2500Sq Ft

About this home

Fully Renovated Gorgeous 4+1 Bedroom, 4 Bathroom Detached Home On a Quiet Street Within Walking Distance to Forest Trail Elementary School, Ranked #1 Elementary School in Ontario. Featuring a Grand 2-Storey Foyer with French Door Entry, 9 Ft Ceilings, and a Functional Open Concept Layout. Upgraded with High-End 7.5" Wide High End Hardwood Flooring Throughout Both Levels, Elegant Hardwood Staircase with Iron Pickets, and Crown Moulding. Inviting Living Room and Formal Dining Room Featuring Elegant Coffered Ceiling. Cozy Family Room W/ a Gas Fireplace. The Gourmet Kitchen Boasts Stone Countertops, Marble Backsplash, Modern Rustic Floating Shelves, SS Appliances, Maple Cabinetry, and Breakfast Bar. Bright Breakfast Area w Triple-Aspect Windows, Perfect for Enjoying Your Morning Coffee While Taking in the Fresh Breeze & Natural Light. The Spacious Primary Suite Offers a Large W/I Closet with Organizers and a Renovated 4-Piece Ensuite. All Bedrooms Are in Generous Size. Fully Finished Versatile Basement Includes a Recreation Room with TV/Speaker Bar, Workspace, Office, Additional Bedroom, Full Bathroom, Cold Room & Ample Storage. Enjoy a Private Treed Backyard Oasis Featuring a Private Hot Tub (2025)& Interlocking Patio. The Garage Is Perfect for Hockey Enthusiasts with a Dedicated Practice Area. Short Stroll to Pineglen Community Park & Soccer Center, Castlebrook Park & Woodgate Woods. Short Walk to Oakville Hospital. UPGRADES: Furnace (2026), A/C(2022), Anderson Tuftex Hardwood Flooring, Hardwood Stairs & Baseboards (2022), Kitchen Countertop & Marble Tile Backsplash (2022), Main Floor Pot Lights (2022), Asphalt Driveway (2022), Black-Framed Windows (2021), Laundry Sink (2022), New Side Gate (2021), Primary Bedroom Glass Shower Door (2019), Window Casings (2018), Basement Flooring (2016), Front Doors (2016), Frost Free Hose Professionally Installed At Side of Home (2016),Insulated Garage Doors (R-16) (2016), Owned Hot Water Heater (2015), Upgraded Roof Shingles (2015).

Key facts

Property type
Detached, 2-Storey
MLS®
W13551896
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
2000-2500
Lot
40.03 × 109.9 ft
Cross streets
3rd Line South Of Dundas
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,344 / 2026
Days on market
7
Listing brokerage
REAL ONE REALTY INC.

Rooms

Living RoomMain4.69 × 3.08 m

Hardwood Floor

Dining RoomMain2.98 × 6.03 m

Hardwood Floor

Family RoomMain4.25 × 3.33 m

Hardwood Floor

Bedroom 2Second3.19 × 3.32 m

Hardwood Floor

Bedroom 4Second3.72 × 3.34 m

Hardwood Floor

KitchenMain4.10 × 3.46 m

Hardwood Floor

Bedroom 5Basement3.13 × 3.66 m

Laminate

BathroomSecond

4 Pc Bath

BathroomBasement

3 Pc Bath

Bedroom 3Second3.72 × 3.10 m

Hardwood Floor

BreakfastMain3.47 × 2.71 m

Hardwood Floor

RecreationBasement5.25 × 8.49 m

Laminate

Primary BedroomSecond5.26 × 3.49 m

4 Pc Ensuite

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.50Mest. value

Listed at $1,689,000, this home is about 12% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 21 similar homes nearby, adjusted for size, beds, and baths.Median of 21 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.67M, 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 $1.36M
  • Bedrooms +$30K
  • Adjusts to $1.39M

That comparable adjusts to $1.39M; the $1.50M estimate above is the median of all 21 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, this is a very walkable address with everyday errands close by. Pine Glen Rd. + Parkglen Ave. is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.37MGreat deal$1.69MOverpriced

Total price vs nearby homes. Fair value about $1.50M, median of 21 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.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby in Westmount · asking prices
$1.63Mavg asking

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

2425 QUETICO Crescent$1.70M2089 Blackforest Crescent$1.60M2485 BLUE HOLLY Crescent$1.60M

The 3 closest active listings nearby.

See all comparable homes
1.69MThis home1.70M1.60M1.60MThis home vs active comparables
Live market pulseActive comparables in Westmount · median list $1.68M
$751this home / sqft
22active listings nearby
7days on market

This home lists 13% above the area average of $663/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

Westmount, 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

75/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Pine Glen Rd. + Parkglen Ave., about 107 m away

20+ transit stops1 grocery20+ dining19 parks11 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.

West Oak Trails
$1.48M
Glen Abbey
$1.98M
Bronte Creek
$1.77M
River Oaks
$1.60M
Glenorchy
$1.71M

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
$7,698/mo
$315KIncome needed
5.4×Price ÷ income
$1,776Weekly 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.

93%mortgage
Mortgage $7,698Property tax $612Total carry $8,310

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)
$7,211per month

Mortgage amount $1,351,200 · 4.14% over 25 years

$337,800Down payment (20.0%)
$1,351,200Loan before insurance
$0CMHC premium
$7,823Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,211
Property tax
$612
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,823

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

One-time closing costs

Ontario land transfer tax
$30,255
Estimated closing costs
$30,255

Plus your down payment of $337,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,758/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

$811,951Total interest paid
$2,163,151Total of all payments
Principal $1,351,200 Interest $811,951
YearPrincipalInterestBalance
1$31,654$54,872$1,319,546
2$32,978$53,548$1,286,568
3$34,357$52,169$1,252,211
4$35,795$50,732$1,216,416
5$37,292$49,234$1,179,124
6$38,852$47,674$1,140,273
7$40,477$46,049$1,099,796
8$42,170$44,356$1,057,626
9$43,934$42,592$1,013,693
10$45,771$40,755$967,921
11$47,686$38,840$920,235
12$49,681$36,845$870,555
13$51,759$34,767$818,796
14$53,924$32,602$764,872
15$56,179$30,347$708,693
16$58,529$27,997$650,164
17$60,977$25,549$589,187
18$63,528$22,998$525,659
19$66,185$20,341$459,474
20$68,953$17,573$390,521
21$71,838$14,688$318,683
22$74,843$11,683$243,840
23$77,973$8,553$165,867
24$81,235$5,291$84,633
25$84,633$1,893$0

At the end of your 5-year term

Total paid over the term
$432,630
Principal paid down
$172,076
Interest paid
$260,555
Balance remaining
$1,179,124

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
2.1%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.

3.0%
Gross yield
− Property tax $7,344− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $36,112

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

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