18 Florence Drive, Oakville, ON
Central, Oakville · MLS® W13557408
About this home
Nestled on a quiet cul-de-sac beside Florence Park in the heart of Kerr Village this custom-built home offers an exceptional blend of luxury, comfort & lifestyle. With approx 4,800sq ft of beautifully finished living space, this impressive home features 4+1 bedrooms, soaring ceilings, and premium finishes throughout. The sun-filled main level features 10-ft ceilings, expansive windows, and wide-plank engineered HDW flooring. The chef-inspired kitchen show cases premium S/S appliances, large centre island with brkfst bar & open-concept layout flowing seamlessly into dining & living areas. Custom BIs, gas FP, & stylish wet bar w/ wine fridge create an inviting space for everyday living & effortless entertaining. Impressive 16-ft sliding glass doors open to a covered outdoor living area w/ recessed lighting& stmt chandelier creating perfect ambiance for evening entertaining or unwinding. A thoughtfully designed mudroom with custom BIs & direct garage access adds everyday functionality. A striking glass-railed staircase leads to an U/L featuring a luxurious primary retreat with spacious W/I closet and spa-inspired 5-pc ENS. Each addl BR enjoys a private ENS or semi-ENS w/glass showers and premium finishes. Solid wood interior doors & designer hardware reflect the home's outstanding quality. The professionally finished L/L is designed for relaxation & recreation w/ spacious family room, custom BIs, HDW flooring, gas FP, & a versatile flex space for media lounge, playroom, home office, or fitness studio. A bright 5th BR, 3-pc bath, & oversized cantina provide flexibility for guests, extended family, or storage. The landscaped fully fenced lot has approx 50ft frontage, widening to 75ft at the rear and extending over 150ft along the south property line, offering excellent outdoor space & privacy. In one of Oakville's most vibrant, walkable & sought-after NBHDs, it is just steps to the shops, cafés, restaurants & amenities of Kerr Village, with DT & waterfront min away
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13557408
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 5 (1 half)
- Size
- 3000-3500
- Lot
- 50 × 106 ft
- Cross streets
- Kerr/Lakeshore
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Wood , Stone
- Foundation
- Poured Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $12,339 / 2026
- Days on market
- 4
- Listing brokerage
- RE/MAX REALTY SPECIALISTS INC.
Rooms
semi ensuite · walk-in closet(s) · hardwood floor
hardwood floor · pot lights · window
5 pc ensuite · walk-in closet(s) · hardwood floor
hardwood floor · pot lights · large window
hardwood floor · open concept · pot lights
semi ensuite · his and hers closets · hardwood floor
gas fireplace · open concept · hardwood floor
3 pc ensuite · walk-in closet(s) · hardwood floor
hardwood floor · pot lights · open concept
centre island · stainless steel appl · modern kitchen
hardwood floor · w/o to patio · gas fireplace
Listed at $2,849,990, this home is about 17% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Central, so I widened the search to the surrounding area.
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 $2.97M, 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 $3.50M
- Adjusts to $3.50M
That comparable adjusts to $3.50M; the $3.45M 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. Stewart St + Queen Mary Dr is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $3.45M, 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.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Open-concept layout: modern, sought-after flow.
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 19% below the area average of $1,084/sqft.
1 days faster than the Oakville average (5 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Central, Oakville, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Stewart St + Queen Mary Dr, about 168 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $2,279,992 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,167
- Property tax
- $1,028
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13,195
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $57,725
- Estimated closing costs
- $57,725
Plus your down payment of $569,998. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $730,013
- Principal paid down
- $290,358
- Interest paid
- $439,655
- Balance remaining
- $1,989,634
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTY SPECIALISTS INC.. MLS®/PropTx.