1114 TRUMAN Avenue, Oakville, ON

College Park, Oakville · MLS® W13697878

$3,649,999
For Sale
Listed 56 days agoNo offer date statedSitting longer than typical
4Bedrooms
5Bathrooms
2Garage · 8 parking
3500-5000Sq ft

About this home

In short

  • Tucked into a quiet court, this custom modern farmhouse, built by custom home builder Millbay Carpentry, sits on a 66 x 187 ft lot and offers over3,900 sq ft above...
  • The great room features a wall of windows overlooking the pool and gardens, accented by cedar beams.
  • The chef's kitchen showcases custom Barzotti cabinetry, a porcelain CIOT backsplash, JennAir appliances and an 8-burner range, along with a hidden walk-in pantry...
  • The primary ensuite features a steam shower, while the finished basement offers a gym, theatre, bar, lounge, gaming area and ample storage.
  • Outdoors, enjoy a heated saltwater pool with an automatic cover, turf, irrigation and landscape lighting.

Tucked into a quiet court, this custom modern farmhouse, built by custom home builder Millbay Carpentry, sits on a 66 x 187 ft lot and offers over3,900 sq ft above grade with 4 bedrooms and 5.5 bathrooms, plus a finished walkout basement for approximately 5,500 sq ft of total living space. A custom EPAL front door opens to a double-height foyer with pine stairs and matte black railings, complemented by 10 ft main-floor and 9 ft upper- and basement-level ceilings. The great room features a wall of windows overlooking the pool and gardens, accented by cedar beams.The chef's kitchen showcases custom Barzotti cabinetry, a porcelain CIOT backsplash, JennAir appliances and an 8-burner range, along with a hidden walk-in pantry, custom built-ins and designer lighting. The primary ensuite features a steam shower, while the finished basement offers a gym, theatre, bar, lounge, gaming area and ample storage. Outdoors, enjoy a heated saltwater pool with an automatic cover, turf, irrigation and landscape lighting. Conveniently located near Oakville's only public International Baccalaureate (IB) school, as well as GO Transit, major highways and Oakville Place. (71030456)

Key facts

Property type
Detached, 2-Storey
MLS®
W13697878
Bedrooms
4
Bathrooms
5 (1 half)
Size
3500-5000 sq ft
Lot
66.01 × 187 ft
Cross streets
Truman Ave & Leighland Ave
Parking
2 garage · 8 parking (attached)
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding
Foundation
Concrete
Roof
Metal
Sewer
Sewer
Pool
Inground, Salt
Property tax
$18,866 / 2026
Days on market
56
Listing brokerage
COMFREE

Rooms

Media RoomMain4.27 × 4.06 m
Primary BedroomSecond5.28 × 5.94 m
Bedroom 4Second4.32 × 3.96 m
Bedroom 2Second4.27 × 4.57 m
OtherBasement6.45 × 4.24 m
Utility RoomBasement7.72 × 1.73 m
RecreationBasement9.50 × 5.13 m
Bedroom 3Second4.32 × 3.96 m
OfficeMain4.27 × 3.05 m
BedroomMain6.10 × 5.79 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$3.54Mlikely sale price

Listed at $3,649,999. Going by how homes in College Park and the wider GTA have actually closed against their asking prices (about 97%, 14 local closings in 90 days), the likely sale price is near $3.54M, if it sells. A realistic range is $3.32M to $3.99M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

Longer on the market than typical. 56 days on the market against about 25 for homes like it here, and asking 28% above where comparable closings put it.

List price
$3.32MBelow recent closings$3.99MAbove recent closings

Total price vs nearby homes. Likely closing about $3.54M, from 14 recent closings in this pocket.

The market behind the math:

14sold nearby · 90 days
$1.30Mmedian sold price
95%of asking, on average
+4%prices vs a year ago
~19 dayshomes like this take to sell
56days on market so far
$6,130/moest. rent · 29 leases
2.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.7 months of inventory: 8 detached homes for sale in the area against 14 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 $859/sqft against an area asking average of $724/sqft.

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 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.47M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

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

  • Walk-out basement: natural light and strong in-law or income potential. Income potential
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

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

Based on 14 comparable homes that sold in College Park over the past two years, from 119 closings there.

What sellers nearby are askingCurrently listed nearby in College Park · asking prices
$2.18Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $2.84M, which is where my estimate comes from.

Per square foot, these ask about $701/sqft; this home lists at $859/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
3.65MThis home2.80M1.89M1.88M1.83M2.50MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Oakville: $1.55M in September 2026, down 2% from a year ago, on 1,378 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Oakville as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.60M143
November 2025$1.64M110
December 2025$1.61M63
January 2026$1.62M51
February 2026$1.54M70
March 2026$1.63M101
April 2026$1.65M158
May 2026$1.68M192
June 2026$1.65M166
July 2026$1.60M134
August 2026$1.60M103
September 2026$1.55M87

Neighbourhood & location

College Park, 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.

Falgarwood
$1.34M
Glen Abbey
$1.64M
Wedgewood Creek
$1.40M
River Oaks
$1.40M
Morrison
$3.12M

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
$16,635/mo
$687KIncome needed
5.3×Price ÷ income
$3,839Weekly cost
$77,725Land 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.

91%mortgage
Mortgage $16,635Property tax $1,572Total carry $18,208

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$16,145per month

Mortgage amount $2,919,999 · 4.49% over 25 years

$730,000Down payment (20.0%)
$2,919,999Loan before insurance
$0CMHC premium
$17,717Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$16,145
Property tax
$1,572
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$17,717

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

One-time closing costs

Ontario land transfer tax
$77,725
Estimated closing costs
$77,725

Plus your down payment of $730,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$19,541/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

$1,923,554Total interest paid
$4,843,553Total of all payments
Principal $2,919,999 Interest $1,923,554
YearPrincipalInterestBalance
1$65,162$128,580$2,854,837
2$68,121$125,622$2,786,717
3$71,214$122,529$2,715,503
4$74,447$119,295$2,641,056
5$77,827$115,915$2,563,229
6$81,361$112,381$2,481,868
7$85,055$108,687$2,396,814
8$88,917$104,825$2,307,897
9$92,954$100,788$2,214,943
10$97,174$96,568$2,117,769
11$101,586$92,156$2,016,182
12$106,199$87,543$1,909,984
13$111,021$82,721$1,798,963
14$116,061$77,681$1,682,901
15$121,331$72,411$1,561,570
16$126,840$66,902$1,434,730
17$132,599$61,143$1,302,131
18$138,620$55,122$1,163,511
19$144,914$48,829$1,018,598
20$151,493$42,249$867,105
21$158,372$35,371$708,733
22$165,562$28,180$543,171
23$173,079$20,663$370,091
24$180,938$12,804$189,153
25$189,153$4,589$0

At the end of your 5-year term

Total paid over the term
$968,711
Principal paid down
$356,770
Interest paid
$611,941
Balance remaining
$2,563,229

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 29 whole-home leases in College Park$6,130/mo
$73,560Gross annual rent
1.2%Cap rate after taxes and upkeep
$5,365 to $6,624Typical rent range
~12 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 29 whole-home leases in College Park signed at a median of $4,337 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,130. 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.

2.0%
Gross yield
− Property tax $18,866− Insurance $1,400− Vacancy & upkeep $8,092Net operating income $45,203

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of COMFREE. MLS®/PropTx.

CallRequest a showing