380 Watson Avenue, Oakville, ON

Old Oakville, Oakville · MLS® W13724754

$2,599,000
For Sale
Listed 47 days agoNo offer date stated
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3+1Bedrooms
3Bathrooms
3Parking
2000-2500Sq ft

About this home

In short

  • Welcome to this exceptional two-storey family residence nestled on one of South East Oakville's most desirable, tree-lined streets.
  • The dramatic main-floor family room steals the show with its soaring vaulted ceilings, second fireplace, and expansive windows.
  • Conveniently located on the main level, the spacious primary bedroom serves as a peaceful retreat, complete with a private 4-piece ensuite bath.
  • The fully finished basement significantly extends your living space, offering endless possibilities for a media room, play area, or home gym, along with a third...
  • Located in a premier school district close to top-rated public and private schools, downtown Oakville's boutique shopping and dining, parks, and the lakefront, this...

Welcome to this exceptional two-storey family residence nestled on one of South East Oakville's most desirable, tree-lined streets. Combining traditional charm with an ideal functional layout. There are generous spaces for entertaining and everyday family life. Step into the inviting living room, featuring a cozy fireplace and elegant California shutters that fill the space with warm, natural light. The updated eat-in kitchen serves as the heart of the home, complete with built-in appliances, ample cabinetry, and a spacious eat in area. For formal gatherings, the spacious dedicated dining room easily accommodates large family dinners and holiday celebrations. The dramatic main-floor family room steals the show with its soaring vaulted ceilings, second fireplace, and expansive windows. Slide open the doors to step directly onto the private back deck, overlooking a beautifully landscaped, west-facing rear garden-the ultimate setting for enjoying golden-hour sunsets, outdoor dining, and summer entertaining. Conveniently located on the main level, the spacious primary bedroom serves as a peaceful retreat, complete with a private 4-piece ensuite bath. Upstairs, you will find two additional bright bedrooms, fantastic storage solutions, and a second full 4-piece bathroom, making it ideal for kids, guests, or a dedicated home office. The fully finished basement significantly extends your living space, offering endless possibilities for a media room, play area, or home gym, along with a third 4-piece bathroom for added convenience.Located in a premier school district close to top-rated public and private schools, downtown Oakville's boutique shopping and dining, parks, and the lakefront, this South East Oakville gem perfectly blends main-floor comfort with long-term versatility. A rare opportunity on a prime street!

Key facts

Property type
Detached, 2-Storey
MLS®
W13724754
Bedrooms
3+1 (4 total)
Bathrooms
3
Size
2000-2500 sq ft
Lot
51 × 150 ft
Cross streets
Watson and Spruce
Parking
3 parking
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Vinyl Siding
Foundation
Concrete Block
Roof
Metal
Sewer
Sewer
Property tax
$8,534 / 2026
Days on market
47
Listing brokerage
RE/MAX Escarpment Realty Inc., Brokerage

Rooms

Bedroom 2Second3.48 × 3.12 m
RecreationLower7.87 × 4.70 m
Dining RoomMain4.19 × 4.17 m
Bedroom 4Lower3.99 × 3.61 m
BathroomSecond2.10 × 2.10 m
Family RoomMain5.05 × 4.17 m
Bedroom 3Second5.21 × 4.17 m
OtherSecond5.31 × 3.07 m
BathroomLower
LaundryLower5.21 × 3.00 m
Primary BedroomMain
Living RoomMain5.58 × 3.30 m
BedroomLower3.93 × 3.63 m
KitchenMain4.80 × 3.99 m
Primary BedroomMain3.45 × 3.33 m
Our TakeTeam Asgarian · Broker
A discount is typical here
$2.48Mlikely sale price

Listed at $2,599,000. Going by how homes in Old Oakville and the wider GTA have actually closed against their asking prices (about 96%, 23 local closings in 90 days), the likely sale price is near $2.48M, if it sells. A realistic range is $2.33M to $2.80M.

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.

List price
$2.33MBelow recent closings$2.80MAbove recent closings

Total price vs nearby homes. Likely closing about $2.48M, from 23 recent closings in this pocket.

The market behind the math:

23sold nearby · 90 days
$2.19Mmedian sold price
93%of asking, on average
−16%prices vs a year ago
~21 dayshomes like this take to sell
47days on market so far
$6,270/moest. rent · 40 leases
2.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.8 months of inventory: 6 detached homes for sale in the area against 23 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 $1,155/sqft against an area asking average of $1,239/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 23 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.87M. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • 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

Priced above comparable homes overall, but the price per square foot ($1,155/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 23 comparable homes that sold in Old Oakville over the past two years, from 257 closings there.

What sellers nearby are askingCurrently listed nearby in Old Oakville · asking prices
$3.15Mavg 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 $1,267/sqft; this home lists at $1,155/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
2.60MThis home2.75M3.25M2.80M3.79MThis 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

Old Oakville, 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.

Morrison
$3.12M
Falgarwood
$1.34M
College Park
$1.35M
Ford
$2.20M
Wedgewood Creek
$1.40M

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
$11,845/mo
$475KIncome needed
5.5×Price ÷ income
$2,734Weekly cost
$51,450Land 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.

94%mortgage
Mortgage $11,845Property tax $711Total carry $12,557

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)
$11,496per month

Mortgage amount $2,079,200 · 4.49% over 25 years

$519,800Down payment (20.0%)
$2,079,200Loan before insurance
$0CMHC premium
$12,207Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,496
Property tax
$711
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,207

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

One-time closing costs

Ontario land transfer tax
$51,450
Estimated closing costs
$51,450

Plus your down payment of $519,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$13,914/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

$1,369,676Total interest paid
$3,448,876Total of all payments
Principal $2,079,200 Interest $1,369,676
YearPrincipalInterestBalance
1$46,399$91,556$2,032,801
2$48,506$89,449$1,984,296
3$50,708$87,247$1,933,588
4$53,010$84,945$1,880,577
5$55,417$82,538$1,825,160
6$57,933$80,022$1,767,227
7$60,564$77,391$1,706,663
8$63,314$74,641$1,643,350
9$66,188$71,767$1,577,161
10$69,193$68,762$1,507,968
11$72,335$65,620$1,435,633
12$75,619$62,336$1,360,013
13$79,053$58,902$1,280,960
14$82,642$55,313$1,198,318
15$86,394$51,561$1,111,924
16$90,317$47,638$1,021,607
17$94,418$43,537$927,189
18$98,705$39,250$828,484
19$103,186$34,769$725,298
20$107,871$30,084$617,426
21$112,769$25,186$504,657
22$117,889$20,066$386,767
23$123,242$14,713$263,525
24$128,838$9,117$134,688
25$134,688$3,268$0

At the end of your 5-year term

Total paid over the term
$689,775
Principal paid down
$254,040
Interest paid
$435,735
Balance remaining
$1,825,160

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 40 whole-home leases in Old Oakville$6,270/mo
$75,240Gross annual rent
2.2%Cap rate after taxes and upkeep
$5,445 to $6,820Typical rent range
~19 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 40 whole-home leases in Old Oakville signed at a median of $5,909 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,270. 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.

2.9%
Gross yield
− Property tax $8,534− Insurance $1,400− Vacancy & upkeep $8,276Net operating income $57,030

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX Escarpment Realty Inc., Brokerage. MLS®/PropTx.

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