1171 Fairmeadow Trail, Oakville, ON

Glen Abbey, Oakville · MLS® W13564528

$1,949,000
For Sale
Listed 2 days ago
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5Bedrooms
4Bathrooms
2Garage · 6 parking
3000-3500Sq Ft

About this home

Beautiful 4-bedroom, 4-bath detached home in the highly desirable Glen Abbey community of Oakville. This well-maintained residence features a spacious layout with bright living areas, smooth ceilings, a cozy family room with a fireplace, and a finished basement with a home theatre, offering additional space for family entertainment. The private backyard oasis is perfect for summer enjoyment, featuring an in-ground pool, outdoor BBQ area, serving table with a working sink, hot/cold water access, and an extensive inground sprinkler system. The home has been thoughtfully upgraded with a 200-amp electrical panel, enhanced insulation, LED pot lights, updated mechanical systems, pool equipment, upgraded storage solutions, and more. Conveniently located near top-rated schools, parks, trails, golf courses, shopping, and major highways. A wonderful opportunity to own a beautiful family home in one of Oakville's most sought-after neighbourhoods.

Key facts

Property type
Detached, 2-Storey
MLS®
W13564528
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
3000-3500
Lot
45.28 × 139.63 ft
Cross streets
Third Ln-Abbeywood-Fairmeadow
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$10,356 / 2026
Days on market
2
Listing brokerage
RE/MAX CROSSROADS REALTY INC.

Rooms

RecreationBasement4.47 × 4.24 m

broadloom · pot lights · gas fireplace

Exercise RoomBasement3.71 × 3.68 m

hardwood floor · pot lights · open concept

BedroomSecond3.04 × 3.00 m

hardwood floor · large closet · california shutters

BedroomBasement4.83 × 4.24 m

broadloom · pot lights · walk-in closet(s)

Family RoomMain5.72 × 3.64 m

hardwood floor · gas fireplace · pot lights

BedroomSecond3.95 × 3.45 m

hardwood floor · large closet · california shutters

BedroomSecond3.47 × 3.44 m

hardwood floor · large closet · california shutters

Living RoomMain5.59 × 3.48 m

hardwood floor · french doors · crown moulding

Primary BedroomSecond6.08 × 4.58 m

hardwood floor · double doors · walk-in closet(s)

StudyMain3.85 × 3.44 m

broadloom · french doors · pot lights

KitchenMain6.44 × 4.18 m

eat-in kitchen · w/o to deck · granite counters

Dining RoomMain4.54 × 3.42 m

hardwood floor · crown moulding · w/o to deck

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2.14Mest. value

Listed at $1,949,000, this home is about 9% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 23 similar homes nearby, adjusted for size, beds, and baths.Median of 23 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.46M, 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 $1.99M
  • Adjusts to $1.99M

That comparable adjusts to $1.99M; the $2.14M estimate above is the median of all 23 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. Abbeywood & Fairmeadow Trail is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.95MGreat deal$2.30MOverpriced

Total price vs nearby homes. Fair value about $2.14M, median of 23 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.
  • 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.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby in Glen Abbey · asking prices
$1.91Mavg asking

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

1291 Windrush Drive$1.99M298 Northwood Drive$2.00M1311 Greenridge Circle$1.85M1361 GREENDALE Terrace$1.80M

The 4 closest active listings nearby.

See all comparable homes
1.95MThis home1.99M2.00M1.85M1.80MThis home vs active comparables
Live market pulseActive comparables in Glen Abbey · median list $1.97M
$600this home / sqft
31active listings nearby
2days on market

This home lists 7% below the area average of $643/sqft.

3 days faster 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

Glen Abbey, 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

73/ 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: Abbeywood & Fairmeadow Trail, about 52 m away

20+ transit stops2 grocery20+ dining11 parks6 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
$1.86M
West Oak Trails
$1.48M
Westmount
$1.67M
Southwest
$3.79M
Bronte Creek
$1.77M

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
$8,883/mo
$369KIncome needed
5.3×Price ÷ income
$2,050Weekly 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 $8,883Property tax $863Total carry $9,746

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)
$8,320per month

Mortgage amount $1,559,200 · 4.14% over 25 years

$389,800Down payment (20.0%)
$1,559,200Loan before insurance
$0CMHC premium
$9,183Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,320
Property tax
$863
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,183

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

One-time closing costs

Ontario land transfer tax
$35,455
Estimated closing costs
$35,455

Plus your down payment of $389,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,106/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

$936,941Total interest paid
$2,496,141Total of all payments
Principal $1,559,200 Interest $936,941
YearPrincipalInterestBalance
1$36,527$63,319$1,522,673
2$38,055$61,791$1,484,619
3$39,646$60,199$1,444,973
4$41,305$58,541$1,403,668
5$43,032$56,813$1,360,636
6$44,832$55,013$1,315,803
7$46,708$53,138$1,269,096
8$48,661$51,184$1,220,434
9$50,697$49,149$1,169,738
10$52,817$47,028$1,116,920
11$55,027$44,819$1,061,894
12$57,328$42,517$1,004,565
13$59,726$40,119$944,839
14$62,224$37,621$882,615
15$64,827$35,018$817,788
16$67,539$32,307$750,249
17$70,364$29,482$679,885
18$73,307$26,539$606,578
19$76,373$23,472$530,204
20$79,568$20,278$450,636
21$82,896$16,949$367,740
22$86,364$13,482$281,376
23$89,976$9,870$191,400
24$93,740$6,106$97,661
25$97,661$2,185$0

At the end of your 5-year term

Total paid over the term
$499,228
Principal paid down
$198,564
Interest paid
$300,664
Balance remaining
$1,360,636

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
2.8%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.

3.9%
Gross yield
− Property tax $10,356− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $55,528

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

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