2201 Lapsley Crescent, Oakville, ON
Westmount, Oakville · MLS® W13576610
About this home
Lovely and bright Ballantry-built family home on a quiet crescent in highly sought-after Westmount. Offering approximately 3,843 sq.ft. of finished living space, this spacious 4 bed, 5 bath home features an exceptional layout designed for growing families. The inviting main floor showcases hardwood flooring and stairs, a stunning turret-style formal living room filled with natural light from numerous windows, a formal dining room, convenient main floor laundry and an open concept kitchen overlooking the spacious family room with gas fireplace. Double patio doors lead to an oversized composite deck, custom arbour, professionally landscaped fenced yard and custom shed, creating the perfect outdoor space for entertaining and family gatherings. The upper level offers four generous bedrooms and three full bathrooms, including an impressive turret-style primary retreat featuring a large walk-in closet and spacious 5-piece ensuite. Two bedrooms share a convenient Jack & Jill bathroom while the fourth bedroom enjoys access to its own adjacent bathroom, providing privacy and functionality for larger families. All bedrooms feature walk-in or oversized closets and excellent natural light throughout.The finished lower level provides outstanding additional living space with a large recreation room, games room, gym area, full bathroom and ample storage space, ideal for entertaining, teenagers, a home office or multi-generational living. Numerous updates include new stainless steel fridge and stove (2024), under sink water filtration system (2025), furnace and air conditioner (2019), roof (2018), attic insulation (2018), composite deck (2017), custom shed (2017), insulated garage door (2017), and pest proofing with roof drip edge installation (2023). Add. features include central vacuum, lawn sprinkler system and double garage.Ideally located within walking distance to four excellent schools, parks, trails, shopping, restaurants, Oakville Hospital and convenient highway access.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13576610
- Bedrooms
- 4
- Bathrooms
- 5 (1 half)
- Size
- 2500-3000
- Lot
- 57.94 × 73.82 ft
- Cross streets
- Grand Oak Trail & Westoak Trails
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,660 / 2026
- Listing brokerage
- RE/MAX ABOUTOWNE REALTY CORP.
Listed at $1,679,000, this home is about 7% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Below comparable homes on total price, yet the price per square foot ($611/sqft) is in line with the area, which usually points to a smaller or more efficient layout.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.48M, 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 $1.68M
- Bathrooms +$15K
- Adjusts to $1.70M
That comparable adjusts to $1.70M; the $1.80M estimate above is the median of all 7 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Westoak Trails Blvd + Grand Oak Trail is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $1.80M, median of 7 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.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- 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 3% below the area average of $632/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Westmount, Oakville, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Westoak Trails Blvd + Grand Oak Trail, about 101 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 $1,343,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,168
- Property tax
- $555
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,723
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,055
- Estimated closing costs
- $30,055
Plus your down payment of $335,800. 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
- $430,069
- Principal paid down
- $171,057
- Interest paid
- $259,012
- Balance remaining
- $1,172,143
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 ABOUTOWNE REALTY CORP.. MLS®/PropTx.