540 Weir Avenue, Oakville, ON

West, Oakville · MLS® W13569862

$2,948,000
For Sale
Listed 2 days ago
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5Bedrooms
5Bathrooms
2Garage · 8 parking
3000-3500Sq Ft

About this home

Designed by Keeren Design & built by VersaCorp, this exceptional custom residence is set on a private, mature 70-foot-wide lot in sought-after South West Oakville. Framed by established landscaping, the property offers remarkable privacy & an outstanding connection to its outdoor spaces, highlighted by a saltwater pool completed in 2023 & a professionally finished lower level completed the same year. Timeless architecture, quality craftsmanship & thoughtful updates combine to create a home that is both refined & highly functional. The main level is designed for effortless everyday living & entertaining, featuring soaring ceilings, hardwood flooring, custom millwork, built-in speakers & all-new lighting that create a bright, contemporary atmosphere throughout. Formal living & dining rooms provide elegant spaces for hosting, while the open-concept family room flows seamlessly into the chef's kitchen, complete with custom cabinetry, a large centre island & walk-in pantry. A dedicated main-floor office offers an ideal work-from-home environment, while the mudroom provides practical everyday convenience. The second level features four generously sized bedrooms, each with direct access to a bathroom, allowing family members & guests to enjoy privacy & comfort without leaving their personal space. Skylights introduce natural light throughout the upper level, while the second-floor laundry room adds another layer of convenience to daily living. The professionally finished lower level significantly expands the home's functionality with a media room, spacious recreation room, wet bar, fireplace, dedicated office or gym, an additional bedroom with its own private washroom & abundant storage. Together, these spaces create a flexible extension of the home suited to entertaining, extended family living, fitness or quiet retreat. A rare offering where architecture, privacy & modern family living come together on one of South West Oakville's most desirable streets.

Key facts

Property type
Detached, 2-Storey
MLS®
W13569862
Bedrooms
5 (4 + 1)
Bathrooms
5 (1 half)
Size
3000-3500
Lot
70.01 × 108 ft
Cross streets
Maplehurst, Wellington, Weir
Parking
2 garage · 8 parking (attached)
Driveway
Private Double
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground, Salt
Property tax
$12,252 / 2025
Days on market
2
Listing brokerage
ROCK STAR REAL ESTATE INC.

Rooms

BedroomSecond3.76 × 3.20 m
PantryMain2.13 × 1.88 m
Living RoomMain3.56 × 3.43 m
Mud RoomMain3.33 × 2.69 m
KitchenMain4.83 × 4.52 m
BedroomSecond4.47 × 3.28 m
Dining RoomMain4.52 × 3.61 m
BedroomLower3.05 × 3.05 m
Primary BedroomSecond4.80 × 4.32 m
Common RoomLower6.70 × 3.60 m
Exercise RoomLower3.35 × 3.35 m
LaundrySecond2.13 × 1.75 m
BedroomSecond3.43 × 3.33 m
Media RoomLower4.50 × 4.50 m
Family RoomMain4.83 × 4.47 m
Moe’s TakeTeam Asgarian · Broker
In line
$3.25Mest. value

Listed at $2,948,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

Based on 16 similar homes nearby, adjusted for size, beds, and baths.Median of 16 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.83M, 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 $3.25M estimate above is the median of all 16 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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$2.80MGreat deal$3.58MOverpriced

Total price vs nearby homes. Fair value about $3.25M, median of 16 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Weigh carefully
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in West · asking prices
$3.09Mavg asking

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

1337 Waverly Avenue$3.00M476 TENNYSON Drive$2.80M1403 Wren Avenue$3.15M433 Jeanette Drive$3.20M487 Orchard Drive$3.29M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.95MThis home3.00M2.80M3.15M3.20M3.29MThis home vs active comparables
Live market pulseActive comparables in West · median list $3.00M
$907this home / sqft
34active listings nearby
2days on market

This home lists 1% below the area average of $912/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

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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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
Bronte
$1.82M

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
$13,436/mo
$546KIncome needed
5.4×Price ÷ income
$3,101Weekly 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 $13,436Property tax $1,021Total carry $14,457

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)
$12,585per month

Mortgage amount $2,358,400 · 4.14% over 25 years

$589,600Down payment (20.0%)
$2,358,400Loan before insurance
$0CMHC premium
$13,606Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,585
Property tax
$1,021
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,606

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

One-time closing costs

Ontario land transfer tax
$60,175
Estimated closing costs
$60,175

Plus your down payment of $589,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$15,286/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

$1,417,189Total interest paid
$3,775,589Total of all payments
Principal $2,358,400 Interest $1,417,189
YearPrincipalInterestBalance
1$55,249$95,774$2,303,151
2$57,560$93,463$2,245,591
3$59,968$91,056$2,185,623
4$62,476$88,547$2,123,147
5$65,089$85,934$2,058,057
6$67,812$83,212$1,990,245
7$70,649$80,375$1,919,597
8$73,604$77,420$1,845,993
9$76,682$74,341$1,769,311
10$79,890$71,134$1,689,421
11$83,232$67,792$1,606,189
12$86,713$64,311$1,519,476
13$90,340$60,683$1,429,136
14$94,119$56,905$1,335,017
15$98,056$52,968$1,236,961
16$102,157$48,866$1,134,804
17$106,430$44,593$1,028,374
18$110,882$40,141$917,492
19$115,520$35,503$801,971
20$120,352$30,671$681,619
21$125,386$25,637$556,233
22$130,631$20,392$425,602
23$136,095$14,928$289,507
24$141,788$9,236$147,719
25$147,719$3,305$0

At the end of your 5-year term

Total paid over the term
$755,118
Principal paid down
$300,343
Interest paid
$454,775
Balance remaining
$2,058,057

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
1.8%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.

2.6%
Gross yield
− Property tax $12,252− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $53,632

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

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