86-2350 Grand Ravine Drive, Oakville, ON
River Oaks, Oakville · MLS® W13566974
About this home
Immaculately Maintained End-Unit Townhome In Oakville's Highly Sought-After River Oaks Community! Nestled In A Quiet, Family-Friendly Enclave Surrounded By Mature Trees, A Strong Sense Of Community & Low Turnover, This Move-In Ready Home Showcases True Pride Of Ownership Inside & Out. Bright, Functional Main Floor Featuring An Open Concept Living & Dining Area, Kitchen With Granite Countertops, Stainless Steel Appliances & Walkout To A Private Rear Yard With Newly Upgraded Fence & Private Rear Entrance. Perfect For Entertaining Or Peaceful Evenings Outdoors. Spacious Primary Retreat Complete With Walk-In Closet & Private Ensuite. Freshly Painted Finished Basement With Versatile Den. Enjoy Carefree Living With Incredibly Low Condo Fees Plus Major Updates Including New Windows (2019) & Roof (2023). Convenient Inside Garage Access. Ideally Located Just Minutes To Top-Rated Schools, Parks, Scenic Trails, Shopping, Restaurants, Oakville GO Station & Quick Access To The QEW, 403 & 407. Ample Visitor Parking. An Exceptional Opportunity For First-Time Buyers, Downsizers Or Investors To Own In One Of Oakville's Most Desirable Communities. Simply Move In & Enjoy.
Key facts
- Property type
- Condo Townhouse, 2-Storey
- MLS®
- W13566974
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1200-1399
- Cross streets
- Sixth Line & Glenashton Drive
- Parking
- 1 garage · 2 parking (attached)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- None
- Exterior
- Brick
- Maintenance
- $135/mo
- Exposure
- South
- Property tax
- $3,530 / 2025
- Days on market
- 2
- Listing brokerage
- RE/MAX HALLMARK CHAY REALTY
Rooms
walk-in closet(s) · 4 pc ensuite · window
window · closet
combined w/kitchen · vinyl floor · open concept
combined w/living · vinyl floor
combined w/living · stainless steel appl · tile floor
window · closet
Listed at $849,900, this home is about 6% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in River Oaks, so I widened the search to the surrounding area.
Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $752K, 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 $839K
- Adjusts to $839K
That comparable adjusts to $839K; the $801K estimate above is the median of all 8 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. Glenashton Dr + Grand Ravine 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 $801K, median of 8 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.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 7 active listings nearby.
See all comparable homesThis home lists 8% above the area average of $604/sqft.
36 days faster than the Oakville average (38 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
River Oaks, 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: Glenashton Dr + Grand Ravine Dr, about 128 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
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 $679,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,628
- Property tax
- $294
- Condo / maintenance fees
- $135
- Heating
- $0
- Estimated monthly cost
- $4,057
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,473
- Estimated closing costs
- $13,473
Plus your down payment of $169,980. 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
- $217,698
- Principal paid down
- $86,588
- Interest paid
- $131,110
- Balance remaining
- $593,332
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 HALLMARK CHAY REALTY. MLS®/PropTx.