2455 New Wood Drive, Oakville, ON

River Oaks, Oakville · MLS® W13737090

$957,997
For Sale
Listed 19 days agoNo offer date stated
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3Bedrooms
3Bathrooms
1Garage · 4 parking
1100-1500Sq ft

About this home

In short

  • Welcome to this meticulously maintained and beautifully updated end-unit freehold townhome in the heart of sought after River Oaks.
  • Offering approximately 2,000 sq. ft. of finished, functional living space, this exceptional 3 bedroom, 3 bathroom home sits on an oversized corner lot featuring a...
  • The main floor offers a spacious front foyer, updated 2 piece powder room and a renovated kitchen (2019) complete with custom cabinetry, quartz countertops, subway...
  • The fully finished basement add seven more versatility with a large recreation area, office/den, laundry room and additional 4piece bathroom ideal for a growing...
  • Enjoy an exceptional location close to top-rated schools, parks, trails, public transit and the Oakville GO Station.

THIS IS THE ONE! Welcome to this meticulously maintained and beautifully updated end-unit freehold townhome in the heart of sought after River Oaks. Offering approximately 2,000 sq. ft. of finished, functional living space, this exceptional 3 bedroom, 3 bathroom home sits on an oversized corner lot featuring a double-wide driveway, perennial gardens and a welcoming concrete walkway. The main floor offers a spacious front foyer, updated 2 piece powder room and a renovated kitchen (2019) complete with custom cabinetry, quartz countertops, subway tile backsplash and high end stainless steel appliances, plus a charming breakfast area. The bright and inviting combined living and dining room is perfect for entertaining and family gatherings, with a walkout to a large concrete patio and private rear yard. Upstairs, the spacious primary retreat features two closets, while two additional generously sized bedrooms and an updated 4 piece main bathroom provide plenty of space for the whole family. The fully finished basement add seven more versatility with a large recreation area, office/den, laundry room and additional 4piece bathroom ideal for a growing family, home office or guest space. Enjoy an exceptional location close to top-rated schools, parks, trails, public transit and the Oakville GO Station. Numerous updates include roof (2018), kitchen (2019), furnace & A/C (2017), water heater (2025)and new basement carpet (2026).This pristine home truly showcases pride of ownership throughout. Move-in ready and ideally located don't miss this opportunity!

Key facts

Property type
Townhouse, 2-Storey
MLS®
W13737090
Bedrooms
3
Bathrooms
3 (1 half)
Size
1100-1500 sq ft
Lot
50.79 × 136.04 ft
Cross streets
River Glen Blvd
Parking
1 garage · 4 parking (built-in)
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Concrete, Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,702 / 2026
Days on market
19
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

KitchenMain5.13 × 2.54 m

stainless steel appl · quartz counter · backsplash

Bedroom 3Second3.78 × 2.74 m

Laminate

DenBasement2.67 × 2.26 m
Living RoomMain3.89 × 5.54 m

W/O To Yard

Primary BedroomSecond4.83 × 3.94 m

broadloom · his and hers closets

RecreationBasement3.76 × 3.66 m
Bedroom 2Second3.91 × 2.69 m

Laminate

Dining RoomMain3.89 × 5.54 m

W/O To Yard

Our TakeTeam Asgarian · Broker
No automatic estimate

This is a rare parcel. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in River Oaks · asking prices
$1.09Mavg 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 $1.01M, which is where my estimate comes from.

Per square foot, these ask about $742/sqft; this home lists at $737/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
958kThis home950k829k1.50MThis 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
West Oak Trails
$992K
Northwest
$1.05M
Joshua Meadows
$1.09M
Westmount
$1.03M

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
$4,366/mo
$182KIncome needed
5.3×Price ÷ income
$1,008Weekly cost
$15,635Land 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 $4,366Property tax $392Total carry $4,758

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)
$4,195per month

Mortgage amount $766,398 · 4.39% over 25 years

$191,599Down payment (20.0%)
$766,398Loan before insurance
$0CMHC premium
$4,587Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,195
Property tax
$392
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,587

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

One-time closing costs

Ontario land transfer tax
$15,635
Estimated closing costs
$15,635

Plus your down payment of $191,599. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$5,083/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

$492,121Total interest paid
$1,258,519Total of all payments
Principal $766,398 Interest $492,121
YearPrincipalInterestBalance
1$17,343$32,998$749,055
2$18,112$32,228$730,943
3$18,916$31,425$712,026
4$19,756$30,585$692,271
5$20,633$29,708$671,638
6$21,548$28,793$650,090
7$22,505$27,836$627,585
8$23,503$26,837$604,082
9$24,546$25,794$579,536
10$25,636$24,705$553,900
11$26,774$23,567$527,126
12$27,962$22,379$499,164
13$29,203$21,138$469,961
14$30,499$19,842$439,462
15$31,853$18,488$407,609
16$33,266$17,074$374,343
17$34,743$15,598$339,600
18$36,285$14,056$303,316
19$37,895$12,446$265,421
20$39,577$10,764$225,844
21$41,333$9,007$184,510
22$43,168$7,173$141,343
23$45,084$5,257$96,259
24$47,085$3,256$49,174
25$49,174$1,166$0

At the end of your 5-year term

Total paid over the term
$251,704
Principal paid down
$94,759
Interest paid
$156,944
Balance remaining
$671,638

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 30 whole-home leases in River Oaks$3,279/mo
$39,348Gross annual rent
3.0%Cap rate after taxes and upkeep
$3,069 to $3,528Typical 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 30 whole-home leases in River Oaks signed at a median of $3,556 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,279. 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 $4,702− Insurance $1,400− Vacancy & upkeep $4,328Net operating income $28,918

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

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