1305 Merton Road, Oakville, ON

Glen Abbey, Oakville · MLS® W13709610

$1,285,000
For Sale
Listed 27 days agoNo offer date stated
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3+1Bedrooms
4Bathrooms
1Garage · 2 parking
2000-2500Sq ft

About this home

Welcome to refined luxury at 1305 Merton Road, Oakville. This beautifully appointed residence offers an exceptional blend of timeless elegance, modern sophistication, and thoughtful upgrades throughout. From the moment you arrive, the upgraded front doorway columns and inviting pot lights create a striking first impression, setting the tone for the quality and attention to detail found within. Step inside to a warm and sophisticated interior designed for both everyday living and effortless entertaining. The thoughtfully designed layout offers spacious principal rooms, abundant natural light, and an inviting sense of flow throughout the home. Every space has been carefully considered to create an atmosphere that is both elegant and comfortable. The home's impressive curb appeal, upgraded entryway, and refined finishes combine to create a truly distinguished Oakville residence. Ideally situated in a sought-after community, this property offers the perfect balance of luxury, comfort, and location-an exceptional opportunity for those seeking an elevated lifestyle in one of Oakville's most desirable neighbourhoods. A sophisticated home, an exceptional setting, and a lifestyle to match.

Key facts

Property type
Townhouse, 2-Storey
MLS®
W13709610
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
25 × 90.22 ft
Cross streets
Bronte & Upper Middle
Parking
1 garage · 2 parking (built-in)
Driveway
Available
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$6,335 / 2025
Days on market
27
Listing brokerage
iCloud Realty Ltd.

Rooms

Living RoomMain3.96 × 3.96 m

hardwood floor · pot lights · coffered ceiling(s)

Bedroom 2Second3.45 × 2.69 m

hardwood floor · closet · window

KitchenMain3.65 × 2.64 m

quartz counter · centre island · stainless steel appl

Family RoomMain5.79 × 3.65 m

hardwood floor · fireplace · open concept

Bedroom 3Second3.20 × 3.00 m

hardwood floor · closet · window

Primary BedroomSecond5.79 × 4.12 m

hardwood floor · walk-in closet(s) · 5 pc ensuite

Dining RoomMain3.15 × 3.05 m

hardwood floor · window · open concept

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.27Mlikely closing

Listed at $1,285,000 with no offer date. Homes here have been closing close to ask, so my read is $1.27M, typically $1.22M to $1.28M. Comparable closings on their own put this home around $1.29M, which supports the ask, so this is a firm read.

List price
$1.22MBelow recent closings$1.28MAbove recent closings

Total price vs nearby homes. Likely closing about $1.27M, from 6 recent closings in this pocket.

The market behind the math:

6sold nearby · 90 days
$1.16Mmedian sold price
98%of asking, on average
−1%prices vs a year ago
~16 dayshomes like this take to sell
27days on market so far
$4,342/moest. rent · 5 leases
4.1%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.5 months of inventory: 5 townhouse homes for sale in the area against 6 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 $571/sqft against an area asking average of $585/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 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.26M. Condition and finishes remain an in-person call.

Based on 8 homes sold on this street over the past two years, from 57 closings in Glen Abbey.

What sellers nearby are askingCurrently listed nearby in Glen Abbey · asking prices
$1.29Mavg asking

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

Per square foot, these ask about $575/sqft; this home lists at $571/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.28MThis home1.35M1.48M1.05MThis home vs active comparables

Neighbourhood & location

Glen Abbey, 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.

Bronte Creek
$1.50M
Westmount
$1.03M
West Oak Trails
$992K
Bronte
$1.62M
Northwest
$1.05M

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
$5,857/mo
$243KIncome needed
5.3×Price ÷ income
$1,352Weekly cost
$22,175Land 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.

92%mortgage
Mortgage $5,857Property tax $528Total carry $6,385

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)
$5,627per month

Mortgage amount $1,028,000 · 4.39% over 25 years

$257,000Down payment (20.0%)
$1,028,000Loan before insurance
$0CMHC premium
$6,155Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,627
Property tax
$528
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,155

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

One-time closing costs

Ontario land transfer tax
$22,175
Estimated closing costs
$22,175

Plus your down payment of $257,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$6,817/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

$660,102Total interest paid
$1,688,102Total of all payments
Principal $1,028,000 Interest $660,102
YearPrincipalInterestBalance
1$23,262$44,262$1,004,738
2$24,295$43,229$980,443
3$25,373$42,151$955,070
4$26,499$41,025$928,571
5$27,675$39,849$900,895
6$28,904$38,621$871,992
7$30,186$37,338$841,806
8$31,526$35,998$810,280
9$32,925$34,599$777,354
10$34,386$33,138$742,968
11$35,913$31,611$707,055
12$37,506$30,018$669,549
13$39,171$28,353$630,378
14$40,910$26,615$589,468
15$42,725$24,799$546,743
16$44,621$22,903$502,122
17$46,602$20,922$455,520
18$48,670$18,854$406,850
19$50,830$16,694$356,019
20$53,086$14,438$302,933
21$55,442$12,082$247,491
22$57,903$9,621$189,589
23$60,473$7,051$129,116
24$63,156$4,368$65,959
25$65,959$1,565$0

At the end of your 5-year term

Total paid over the term
$337,620
Principal paid down
$127,105
Interest paid
$210,516
Balance remaining
$900,895

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 5 whole-home leases in Glen Abbey$4,342/mo
$52,104Gross annual rent
3.0%Cap rate after taxes and upkeep
$3,821 to $4,863Typical rent range
~18 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 5 whole-home leases in Glen Abbey signed at a median of $3,912 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,342. 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 $6,335− Insurance $1,400− Vacancy & upkeep $5,731Net operating income $38,638

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

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