1242 Richards Crescent, Oakville, ON
College Park, Oakville · MLS® W13739466
About this home
In short
- Charming & Well Maintained Side-Split Detached House In The Centre of Oakville.
- Well Maintained Spacious 3 Bdrm Home W/ Living Room On Main Floor W/Access To The Professionally Finished Back Yard W/ Interlocking Pavement.
- Gorgeous Open Concept Kitchen, Boasting A Functional L-Shaped Island W/Brkfst Bar, & Newer Stainless Steel Appliances.
- One Bedroom In Raised Basement With 3 Pc Bathroom For More Convenience To Both Owner & Guest.
- Minutes To Parks & Trails, Top Ranking Schools, Sheridan College, Glen Abbey Golf Course, Community Centre, Oakville Place, Oakville City Hall & Many More.
Charming & Well Maintained Side-Split Detached House In The Centre of Oakville! Quiet Street W/ Very Light Traffic. Well Maintained Spacious 3 Bdrm Home W/ Living Room On Main Floor W/Access To The Professionally Finished Back Yard W/ Interlocking Pavement. Gleaming Hrdwd Flrs Throught On The Upper Levels. Gorgeous Open Concept Kitchen, Boasting A Functional L-Shaped Island W/Brkfst Bar, & Newer Stainless Steel Appliances. Spacious Family & Dining Rooms Overlooking Huge Front Yard Through Super Large Window. One Bedroom In Raised Basement With 3 Pc Bathroom For More Convenience To Both Owner & Guest. Professionally Finished Charming Epoxy Coating Garage Floor. No Sidewalk For Added Privacy. Owned Tankless Hot Water Tank & Reverse Osmosis Water Filtration System. Fabulous Location On Quiet Street In Lovely College Park Neighbourhood. Minutes To Parks & Trails, Top Ranking Schools, Sheridan College, Glen Abbey Golf Course, Community Centre, Oakville Place, Oakville City Hall & Many More!
Key facts
- Property type
- Detached, Sidesplit 4
- MLS®
- W13739466
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 3 (1 half)
- Size
- 1100-1500 sq ft
- Lot
- 55 × 116.5 ft
- Cross streets
- Upper Middle/Oxford/Richards
- Parking
- 1 garage · 5 parking (attached)
- Driveway
- Private Double
- Basement
- Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Metal/Steel Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,659 / 2026
- Days on market
- 43
- Listing brokerage
- CENTURY 21 MYPRO REALTY
Rooms
hardwood floor · closet · window
hardwood floor · combined w/kitchen · combined w/living
hardwood floor · closet · window
Window
hardwood floor · w/o to deck · w/o to yard
hardwood floor · combined w/kitchen · combined w/dining
broadloom · window
above grade window · fireplace
tile floor · 2 pc bath
double sink · stainless steel appl · eat-in kitchen
hardwood floor · closet · window
Listed at $1,288,888. 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 $1.25M, if it sells. A realistic range is $1.17M to $1.41M.
Independent value check: $1.18M. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $1.10M and $1.23M).
Why $1.18M. The typical detached home sold in College Park over the past year went for about $1.21M (55 sales). What sets this one apart:
- ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
- ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $5,659 a year; the typical home sold here pays about $5,400.
- ▼ Lowers it slightly1 garage and 5 total parking spaces, against 2 and 5 typically.
- ▲ Raises it slightly3+1 bedrooms and 3 baths, against 3+1 and 2 typically.
Longer on the market than typical. 43 days on the market against about 25 for homes like it here, and asking 10% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.25M, from 14 recent closings in this pocket.
The market behind the math:
About 4.1 months of inventory: 19 detached homes for sale in the area against 14 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $991/sqft against an area asking average of $833/sqft.
- Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
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 $1.02M. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Open-concept layout: modern, sought-after flow. 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 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.
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 $1.18M, which is where my estimate comes from.
Per square foot, these ask about $855/sqft; this home lists at $991/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold 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.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.60M | 143 |
| November 2025 | $1.64M | 110 |
| December 2025 | $1.61M | 63 |
| January 2026 | $1.62M | 51 |
| February 2026 | $1.54M | 70 |
| March 2026 | $1.63M | 101 |
| April 2026 | $1.65M | 158 |
| May 2026 | $1.68M | 192 |
| June 2026 | $1.65M | 166 |
| July 2026 | $1.60M | 134 |
| August 2026 | $1.60M | 103 |
| September 2026 | $1.55M | 87 |
Neighbourhood & location
College Park, Oakville, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $1,031,110 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,701
- Property tax
- $472
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,173
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,253
- Estimated closing costs
- $22,253
Plus your down payment of $257,778. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $342,071
- Principal paid down
- $125,983
- Interest paid
- $216,089
- Balance remaining
- $905,128
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 31 whole-home leases in College Park signed at a median of $4,189 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,319. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 MYPRO REALTY. MLS®/PropTx.