583 Stephens Crescent, Oakville, ON

West, Oakville · MLS® W13552340

$1,649,900
For Sale
Listed 7 days ago
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5Bedrooms
4Bathrooms
1Garage · 5 parking
2000-2500Sq Ft

About this home

Welcome to 583 Stephens Crescent, a beautifully maintained family home nestled on one of South West Oakville's most desirable neighbourhoods. Set on an impressive 56 x 180 ft lot-this home offers the perfect combination of comfortable living, exceptional outdoor space, and an outstanding location. Designed with everyday family life in mind, the home features four bedrooms, including the convenience of two on the main level and two on the upper floor, creating a flexible layout that adapts to a variety of lifestyles. The spacious primary suite offers a walk-in closet, a 5-piece ensuite, and a private balcony overlooking the beautifully landscaped backyard, providing a peaceful place to enjoy your morning coffee or unwind at the end of the day. The kitchen is equipped with premium stainless steel appliances and opens to inviting living spaces designed for both everyday living and entertaining. Downstairs, the finished basement extends the home's versatility with a fifth bedroom, a 3-piece bathroom, a den, and a spacious recreation room, providing plenty of room for family, guests, hobbies, or a home office. Step outside and discover one of the property's most impressive features. The expansive backyard offers exceptional privacy and space rarely found in today's market, creating endless opportunities for outdoor entertaining, children's play, gardening, or simply enjoying the mature surroundings. Located on a quiet, family-friendly street surrounded by established homes and beautiful custom residences, this exceptional property is within walking distance of Pinegrove French Immersion and just minutes from Appleby College, Lake Ontario, Bronte Harbour, boutique shopping, parks, private clubs, the QEW, Highway 403, and countless amenities. Whether you choose to enjoy the home exactly as it is or make it your own over time, 583 Stephens Crescent presents an outstanding opportunity to live in one of Oakville's most sought-after neighbourhoods.

Key facts

Property type
Detached, 2-Storey
MLS®
W13552340
Bedrooms
5 (4 + 1)
Bathrooms
4
Size
2000-2500
Lot
56 × 180 ft
Cross streets
Fourth Line
Parking
1 garage · 5 parking (carport)
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Other
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,446 / 2025
Days on market
7
Listing brokerage
ONE PERCENT REALTY LTD.

Rooms

Living RoomMain5.13 × 3.76 m
RecreationBasement0.00 × 0.00 m
Dining RoomMain3.00 × 3.48 m
Primary BedroomSecond5.66 × 4.37 m
BedroomSecond3.61 × 3.15 m
DenBasement0.00 × 0.00 m
BedroomBasement0.00 × 0.00 m
Family RoomMain5.84 × 3.86 m
KitchenMain7.11 × 3.30 m
BedroomMain4.06 × 3.30 m
BedroomMain3.71 × 3.71 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.93Mest. value

Listed at $1,649,900, this home is about 15% below comparable homes, worth a close look. 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 $1.89M, 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 $1.95M
  • Bathrooms −$15K
  • Adjusts to $1.93M

That comparable adjusts to $1.93M; the $1.93M 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, this is a very walkable address with everyday errands close by. Wildwood Dr + Burton Rd is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.65MGreat deal$2.03MOverpriced

Total price vs nearby homes. Fair value about $1.93M, 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Primary suite: a key comfort and resale feature.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.75Mavg asking

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

2048 Sixth Line$1.64M2463 Parkglen Avenue$1.69M2425 QUETICO Crescent$1.70M241 Lexington Road$1.55M2366 Devon Road$2.15M

The 5 closest of 7 active listings nearby.

See all comparable homes
1.65MThis home1.64M1.69M1.70M1.55M2.15MThis home vs active comparables
Live market pulseActive comparables in West · median list $2.24M
$733this home / sqft
6active listings nearby
7days on market

This home lists 18% below the area average of $893/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

West, 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

81/ 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: Wildwood Dr + Burton Rd, about 170 m away

20+ transit stops2 grocery20+ dining13 parks9 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.

Southwest
$3.79M
Glen Abbey
$1.98M
College Park
$1.36M
West Oak Trails
$1.48M
Morrison
$5.03M

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
$7,520/mo
$312KIncome needed
5.3×Price ÷ income
$1,735Weekly 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.

91%mortgage
Mortgage $7,520Property tax $704Total carry $8,224

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)
$7,044per month

Mortgage amount $1,319,920 · 4.14% over 25 years

$329,980Down payment (20.0%)
$1,319,920Loan before insurance
$0CMHC premium
$7,747Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,044
Property tax
$704
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,747

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

One-time closing costs

Ontario land transfer tax
$29,473
Estimated closing costs
$29,473

Plus your down payment of $329,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,555/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

$793,155Total interest paid
$2,113,075Total of all payments
Principal $1,319,920 Interest $793,155
YearPrincipalInterestBalance
1$30,921$53,602$1,288,999
2$32,215$52,308$1,256,784
3$33,562$50,961$1,223,222
4$34,966$49,557$1,188,256
5$36,428$48,095$1,151,828
6$37,952$46,571$1,113,876
7$39,540$44,983$1,074,336
8$41,194$43,329$1,033,142
9$42,917$41,606$990,226
10$44,712$39,811$945,514
11$46,582$37,941$898,932
12$48,530$35,993$850,401
13$50,560$33,963$799,841
14$52,675$31,848$747,166
15$54,879$29,644$692,287
16$57,174$27,349$635,113
17$59,566$24,957$575,547
18$62,057$22,466$513,490
19$64,653$19,870$448,837
20$67,357$17,166$381,480
21$70,175$14,348$311,305
22$73,110$11,413$238,195
23$76,168$8,355$162,027
24$79,354$5,169$82,673
25$82,673$1,850$0

At the end of your 5-year term

Total paid over the term
$422,615
Principal paid down
$168,092
Interest paid
$254,523
Balance remaining
$1,151,828

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.

3.1%
Gross yield
− Property tax $8,446− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $35,010

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

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