2152 Pelee Boulevard, Oakville, ON

River Oaks, Oakville · MLS® W13618138

$949,900
For Sale
Listed 54 days agoNo offer date statedSitting longer than typical
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3Bedrooms
3Bathrooms
1Garage · 3 parking
1100-1500Sq ft

About this home

In short

  • Welcome to beautiful North Oakville in the family-friendly River Oaks community.
  • This beautifully renovated, turnkey freehold townhome offers nearly 1,800 square feet of total living space with newly replaced hardwood floors on all levels...
  • The open-concept main floor showcases a stunning renovated kitchen with quartz countertops, stainless steel appliances, a glass tile backsplash, and an eat-in area...
  • Two additional bright bedrooms, each with double closets, are complemented by a beautifully renovated 3-piece main bathroom.
  • Perfect for growing families, professionals, or downsizers, this exceptional home is ideally located close to top-rated schools, parks, shopping, restaurants, major...

Welcome to beautiful North Oakville in the family-friendly River Oaks community! This beautifully renovated, turnkey freehold townhome offers nearly 1,800 square feet of total living space with newly replaced hardwood floors on all levels, including the staircase. Featuring a recently finished lower level, 3 bedrooms, 3 full bathrooms, and parking for 3 vehicles, this home offers a rare combination of space, style, and functionality. The open-concept main floor showcases a stunning renovated kitchen with quartz countertops, stainless steel appliances, a glass tile backsplash, and an eat-in area overlooking the spacious living and dining rooms, all finished with recently updated flooring. A versatile main-floor den is perfect as a home office, guest room, or potential fourth bedroom, and can easily be converted back to a single-car garage if desired. Step outside to enjoy the fully fenced, extra-deep 133-foot lot featuring a flagstone patio, large storage shed, and plenty of space for entertaining, children, or pets. Upstairs, the spacious primary suite includes a custom closet system and, rare for this layout a newly added 4-piece ensuite. Two additional bright bedrooms, each with double closets, are complemented by a beautifully renovated 3-piece main bathroom. The recently finished lower level adds even more living space with a large recreation/playroom, a new 3-piece bathroom, and a convenient laundry area. Perfect for growing families, professionals, or downsizers, this exceptional home is ideally located close to top-rated schools, parks, shopping, restaurants, major highways, and all the amenities Oakville has to offer. Don't miss your opportunity to own this beautifully updated home in one of North Oakville's most sought-after neighbourhoods!

Key facts

Property type
Townhouse, 2-Storey
MLS®
W13618138
Bedrooms
3
Bathrooms
3
Size
1100-1500 sq ft
Lot
20.56 × 133.6 ft
Cross streets
RIVER OAKS BLVD
Parking
1 garage · 3 parking (attached)
Driveway
Private Double
Basement
Full, Finished
Heating
Heat Pump
A/C
Wall Unit(s)
Exterior
Aluminum Siding, Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,710 / 2026
Days on market
54
Listing brokerage
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Rooms

RecreationBasement6.50 × 5.84 m
BedroomSecond3.48 × 3.33 m
BedroomSecond4.55 × 2.62 m
Dining RoomMain2.87 × 2.18 m
OfficeMain4.29 × 2.95 m
KitchenMain3.33 × 2.18 m
LaundryBasement2.01 × 1.63 m
BathroomBasement2.13 × 1.32 m

3 Pc Bath

BathroomSecond2.06 × 1.68 m

3 Pc Ensuite

BathroomSecond2.36 × 1.96 m

4 Pc Bath

Utility RoomBasement1.63 × 0.74 m
OtherMain2.95 × 1.73 m
Primary BedroomSecond5.84 × 3.15 m
Living RoomMain4.39 × 3.86 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$917Klikely closing

Listed at $949,900 with no offer date. Homes here have been closing close to ask, so my read is $917K, typically $900K to $933K. Comparable closings on their own put this home around $909K, which supports the ask, so this is a firm read.

Longer on the market than typical. 54 days on the market against about 21 for homes like it here, and asking 5% above where comparable closings put it.

List price
$900KBelow recent closings$950KAbove recent closings

Total price vs nearby homes. Likely closing about $917K, from 10 recent closings in this pocket.

The market behind the math:

10sold nearby · 90 days
$930Kmedian sold price
98%of asking, on average
−5%prices vs a year ago
~19 dayshomes like this take to sell
54days on market so far
$3,269/moest. rent · 27 leases
4.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.5 months of inventory: 5 townhouse homes for sale in the area against 10 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $731/sqft against an area asking average of $715/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $909K. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in River Oaks, so I widened the search to the surrounding area.

Based on 10 comparable homes that sold in River Oaks over the past two years, from 48 closings there.

What sellers nearby are askingCurrently listed nearby in River Oaks · asking prices
$1.10Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $909K, which is where my estimate comes from.

Per square foot, these ask about $744/sqft; this home lists at $731/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
950kThis home958k829k1.50MThis home vs active comparables

Neighbourhood & location

River Oaks, 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Glenorchy
$1.10M
Joshua Meadows
$1.09M
West Oak Trails
$992K
Northwest
$1.05M
Central
$1.60M

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
$4,329/mo
$178KIncome needed
5.3×Price ÷ income
$999Weekly cost
$15,473Land transfer tax, one-time (Ontario)
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 $4,329Property tax $309Total carry $4,638

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,160per month

Mortgage amount $759,920 · 4.39% over 25 years

$189,980Down payment (20.0%)
$759,920Loan before insurance
$0CMHC premium
$4,469Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,160
Property tax
$309
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,469

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

One-time closing costs

Ontario land transfer tax
$15,473
Estimated closing costs
$15,473

Plus your down payment of $189,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$5,040/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

$487,962Total interest paid
$1,247,882Total of all payments
Principal $759,920 Interest $487,962
YearPrincipalInterestBalance
1$17,196$32,719$742,724
2$17,959$31,956$724,765
3$18,756$31,159$706,008
4$19,589$30,327$686,420
5$20,458$29,457$665,962
6$21,366$28,549$644,595
7$22,314$27,601$622,281
8$23,305$26,611$598,976
9$24,339$25,576$574,637
10$25,419$24,496$549,218
11$26,547$23,368$522,671
12$27,726$22,190$494,945
13$28,956$20,959$465,989
14$30,241$19,674$435,748
15$31,583$18,332$404,164
16$32,985$16,930$371,179
17$34,449$15,466$336,730
18$35,978$13,937$300,752
19$37,575$12,341$263,177
20$39,242$10,673$223,935
21$40,984$8,931$182,951
22$42,803$7,112$140,148
23$44,703$5,213$95,445
24$46,687$3,229$48,759
25$48,759$1,157$0

At the end of your 5-year term

Total paid over the term
$249,576
Principal paid down
$93,958
Interest paid
$155,618
Balance remaining
$665,962

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
From 27 whole-home leases in River Oaks$3,269/mo
$39,228Gross annual rent
3.1%Cap rate after taxes and upkeep
$3,074 to $3,534Typical rent range
~14 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 27 whole-home leases in River Oaks signed at a median of $3,546 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,269. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.1%
Gross yield
− Property tax $3,710− Insurance $1,400− Vacancy & upkeep $4,315Net operating income $29,803

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES. MLS®/PropTx.

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