2161 Lillykin Street, Oakville, ON

River Oaks, Oakville · MLS® W13749474

$999,000
For Sale
Listed 15 days agoNo offer date stated
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3Bedrooms
3Bathrooms
2Garage
1500-2000Sq ft

About this home

In short

  • Immaculately maintained luxury freehold townhome in the prestigious River Oaks community.
  • 2,000 sq. ft. of stylish open-concept living, perfect for first-time buyers or families.
  • Main floor highlights include soaring 9.5 ft ceilings, heated foyer floors, modern LED lighting throughout, pot lights, a cozy gas fireplace, and a gourmet kitchen...
  • Enjoy carefree living with a low monthly road maintenance fee of $177.66, covering landscaping and snow removal, offering excellent flexibility.

Immaculately maintained luxury freehold townhome in the prestigious River Oaks community! The Fairmount model boasts approx. 2,000 sq. ft. of stylish open-concept living, perfect for first-time buyers or families.Main floor highlights include soaring 9.5 ft ceilings, heated foyer floors, modern LED lighting throughout, pot lights, a cozy gas fireplace, and a gourmet kitchen with granite counters and walk-out to a private patio. Classic oak staircase adds warmth and elegance.Enjoy carefree living with a low monthly road maintenance fee of $177.66, covering landscaping and snow removal, offering excellent flexibility.A rare opportunity to own a beautifully upgraded home in one of Oakville's most sought-after neighborhoods.

Key facts

Property type
Townhouse, 3-Storey
MLS®
W13749474
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
14.01 × 58.04 ft
Cross streets
Trafalgar And River Oaks
Parking
2 garage (built-in)
Driveway
None
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,888 / 2025
Days on market
15
Listing brokerage
REAL ONE REALTY INC.

Rooms

OfficeGround2.69 × 2.29 m

window · broadloom

LaundrySecond1.90 × 1.50 m

tile floor · b/i closet · laundry sink

FoyerGround1.80 × 1.90 m

heated floor · b/i closet

Bedroom 2Second4.01 × 3.96 m

closet · broadloom · b/i desk

Bedroom 3Second4.01 × 3.23 m

closet · broadloom

Primary BedroomThird6.65 × 4.01 m

broadloom · 5 pc ensuite · balcony

Dining RoomMain3.35 × 2.95 m

combined w/living · wall sconce lighting · hardwood floor

Living RoomMain4.82 × 4.01 m

combined w/dining · fireplace · open concept

KitchenGround4.01 × 3.96 m

pot lights · centre island · tile floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$964Klikely closing

Listed at $999,000 with no offer date. Homes here have been closing close to ask, so my read is $964K, typically $946K to $981K. Comparable closings on their own put this home around $994K, which supports the ask, so this is a firm read.

List price
$946KBelow recent closings$999KAbove recent closings

Total price vs nearby homes. Likely closing about $964K, from 10 recent closings in this pocket.

The market behind the math:

10sold nearby · 90 days
$930Kmedian sold price
98%of asking, on average
−5%prices vs a year ago
~19 dayshomes like this take to sell
15days on market so far
$3,936/moest. rent · 6 leases
4.7%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.6 months of inventory: 12 townhouse homes for sale in the area against 10 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 $576/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 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.10M. 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle

Based on 5 homes sold on this street over the past two years, from 48 closings in River Oaks.

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.

Joshua Meadows
$1.09M
Glenorchy
$1.10M
West Oak Trails
$992K
Northwest
$1.05M
Central
$1.60M

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
$4,553/mo
$190KIncome needed
5.3×Price ÷ income
$1,051Weekly cost
$16,455Land 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 $4,553Property tax $407Total carry $4,960

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)
$4,375per month

Mortgage amount $799,200 · 4.39% over 25 years

$199,800Down payment (20.0%)
$799,200Loan before insurance
$0CMHC premium
$4,782Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,375
Property tax
$407
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,782

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

One-time closing costs

Ontario land transfer tax
$16,455
Estimated closing costs
$16,455

Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$5,300/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

$513,184Total interest paid
$1,312,384Total of all payments
Principal $799,200 Interest $513,184
YearPrincipalInterestBalance
1$18,085$34,410$781,115
2$18,888$33,608$762,228
3$19,726$32,770$742,502
4$20,601$31,894$721,900
5$21,516$30,980$700,385
6$22,471$30,025$677,914
7$23,468$29,028$654,447
8$24,509$27,986$629,937
9$25,597$26,898$604,340
10$26,733$25,762$577,607
11$27,920$24,576$549,687
12$29,159$23,337$520,529
13$30,453$22,043$490,076
14$31,804$20,691$458,271
15$33,216$19,279$425,055
16$34,690$17,805$390,365
17$36,230$16,266$354,136
18$37,838$14,658$316,298
19$39,517$12,978$276,781
20$41,271$11,225$235,510
21$43,102$9,393$192,408
22$45,015$7,480$147,392
23$47,013$5,482$100,379
24$49,100$3,396$51,279
25$51,279$1,216$0

At the end of your 5-year term

Total paid over the term
$262,477
Principal paid down
$98,815
Interest paid
$163,662
Balance remaining
$700,385

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 6 whole-home leases in River Oaks$3,936/mo
$47,232Gross annual rent
3.6%Cap rate after taxes and upkeep
$3,621 to $4,251Typical 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 6 whole-home leases in River Oaks signed at a median of $3,964 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,936. 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.

4.7%
Gross yield
− Property tax $4,888− Insurance $1,400− Vacancy & upkeep $5,196Net operating income $35,748

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

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