2328 Woodfield Road, Oakville, ON

River Oaks, Oakville · MLS® W13777306

$1,579,000
For Sale
Listed 8 days agoNo offer date stated
4Bedrooms
4Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • FERNBROOK FREEHOLD END-UNIT LUXURY TOWNHOUSE BACKING RAVINE.
  • Attached only at the garage on a premium 45' x 129' ravine lot, this home offers a sophisticated "LOCK-AND-GO" LIFESTYLE.
  • A sun-filled foyer with double doors introduces this elegant 4-bedroom, 2+2 bath property featuring hardwood floors, crown moulding, and stunning treed views across...
  • Designed for entertaining, the open-concept family room features a gas fireplace, tray ceilings, and a walkout to a private balcony overlooking the forest.
  • Minutes to top schools, shopping, the Sixteen Mile Sports Complex, Oakville Trafalgar Memorial Hospital, QEW, 407, and GO Transit.

FERNBROOK FREEHOLD END-UNIT LUXURY TOWNHOUSE BACKING RAVINE! Located in the exclusive and sought-after enclave of Woodhaven Estates, this rare FOUR-BEDROOM end-unit backs onto the PEACEFUL TRAILS OF SIXTEEN MILE CREEK and Lions Valley Park. Attached only at the garage on a premium 45' x 129' ravine lot, this home offers a sophisticated "LOCK-AND-GO" LIFESTYLE. A sun-filled foyer with double doors introduces this elegant 4-bedroom, 2+2 bath property featuring hardwood floors, crown moulding, and stunning treed views across all three levels. Designed for entertaining, the open-concept family room features a gas fireplace, tray ceilings, and a walkout to a private balcony overlooking the forest. The custom kitchen includes granite counters, a center island, composite sink, under-cabinet lighting, integrated hood range, pull-out spice racks, and a walk-in pantry with main-level laundry hookups. The primary retreat offers panoramic woods views, a tray ceiling, walk-in closet, and a 5-piece luxury ensuite with a standalone tub, double vanities, and walk-in shower. The bright, fully finished walkout basement boasts above-grade windows, a second gas fireplace, rec room, powder room, and cold cellar. Walkout to a manicured shade garden, interlock patio, and fully fenced yard. Complete with a double-car garage with interior access and a 4-car drive. Minutes to top schools, shopping, the Sixteen Mile Sports Complex, Oakville Trafalgar Memorial Hospital, QEW, 407, and GO Transit! Experience the pinnacle of sophisticated living in one of OAKVILLE'S MOST SOUGHT-AFTER ENCLAVES.

Key facts

Property type
Townhouse, 2-Storey
MLS®
W13777306
Bedrooms
4
Bathrooms
4 (2 half)
Size
2000-2500 sq ft
Lot
45.11 × 129.99 ft
Cross streets
UPPER MIDDLE/NEYAGAWA
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished with Walk-Out
Heating
Heat Pump
A/C
Central Air
Exterior
Brick, Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,978 / 2026
Days on market
8
Listing brokerage
MARTIN GROUP

Rooms

Dining RoomMain3.17 × 3.07 m

hardwood floor · separate room · crown moulding

Bedroom 3Main4.17 × 4.09 m

vaulted ceiling(s) · large closet · ceiling fan(s)

RecreationBasement6.78 × 4.04 m

walk-out · above grade window · w/o to patio

KitchenMain5.59 × 3.78 m

centre island · eat-in kitchen · stainless steel appl

FoyerMain2.21 × 1.70 m

access to garage · large closet · double doors

Utility RoomBasement3.28 × 2.36 m
PantryMain1.96 × 1.63 m

walk-in closet(s) · b/i shelves · combined w/laundry

Bedroom 4Main3.28 × 3.15 m

b/i closet · california shutters · overlooks frontyard

OfficeBasement2.82 × 1.93 m

open concept · walk-in closet(s) · broadloom

LaundryBasement1.85 × 1.42 m

ceramic floor · 2 pc bath

Primary BedroomSecond4.88 × 4.27 m

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

Bedroom 2Second3.48 × 2.84 m

skylight · hardwood floor · b/i closet

Family RoomMain4.70 × 4.27 m

w/o to sundeck · hardwood floor · gas fireplace

Our TakeTeam Asgarian · Broker
Above what recent sales support
$1.42Mautomated estimate, from recent sales

Listed at $1,579,000. Recent sales of homes like it put this one around $1.42M, so the ask is about 11% above what similar homes have sold for.

If it sells at this ask, expect about $1.52M, typically $1.50M to $1.55M: that is where homes here have closed against their asks in the last 90 days (10 closings).

List price
$1.33MBelow recent closings$1.58MAbove recent closings

Total price vs nearby homes. Fair value about $1.42M, learned from recent GTA sales.

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
8days on market so far
$4,391/moest. rent · 11 leases
3.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.5 months of inventory: 5 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 $702/sqft against an area asking average of $721/sqft. Size and $/sqft both feed the estimate above.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
  • Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.44M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

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

  • Walk-out basement: natural light and strong in-law or income potential. Income potential
  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($702/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in River Oaks, so I widened the search to the surrounding area.

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

What sellers nearby are askingCurrently listed nearby in River Oaks · asking prices
$1.31Mavg 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 $1.42M, which is where my estimate comes from.

Per square foot, these ask about $627/sqft; this home lists at $702/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.58MThis home1.50M1.14M1.40M1.45M1.07MThis 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.

West Oak Trails
$992K
Northwest
$1.05M
Glenorchy
$1.10M
Westmount
$1.03M
Glen Abbey
$1.18M

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
$7,197/mo
$295KIncome needed
5.3×Price ÷ income
$1,661Weekly cost
$28,055Land 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.

93%mortgage
Mortgage $7,197Property tax $582Total carry $7,778

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.

4.39%
%
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)
$6,914per month

Mortgage amount $1,263,200 · 4.39% over 25 years

$315,800Down payment (20.0%)
$1,263,200Loan before insurance
$0CMHC premium
$7,496Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,914
Property tax
$582
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,496

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

One-time closing costs

Ontario land transfer tax
$28,055
Estimated closing costs
$28,055

Plus your down payment of $315,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$8,377/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

$811,129Total interest paid
$2,074,329Total of all payments
Principal $1,263,200 Interest $811,129
YearPrincipalInterestBalance
1$28,585$54,389$1,234,615
2$29,853$53,120$1,204,762
3$31,178$51,795$1,173,584
4$32,562$50,411$1,141,022
5$34,007$48,966$1,107,015
6$35,516$47,457$1,071,498
7$37,093$45,880$1,034,405
8$38,739$44,234$995,667
9$40,458$42,515$955,208
10$42,254$40,719$912,954
11$44,129$38,844$868,825
12$46,088$36,885$822,737
13$48,133$34,840$774,604
14$50,269$32,704$724,335
15$52,500$30,473$671,834
16$54,831$28,143$617,004
17$57,264$25,709$559,740
18$59,805$23,168$499,934
19$62,460$20,513$437,475
20$65,232$17,741$372,243
21$68,127$14,846$304,116
22$71,151$11,823$232,965
23$74,308$8,665$158,657
24$77,606$5,367$81,051
25$81,051$1,923$0

At the end of your 5-year term

Total paid over the term
$414,866
Principal paid down
$156,185
Interest paid
$258,681
Balance remaining
$1,107,015

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 11 whole-home leases in River Oaks$4,391/mo
$52,692Gross annual rent
2.4%Cap rate after taxes and upkeep
$4,040 to $4,743Typical rent range
~14 daysTo find a tenant, on average

About the suite: in River Oaks basements rarely rent out (1 of 47 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

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 11 whole-home leases in River Oaks signed at a median of $3,822 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,391. 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.

3.3%
Gross yield
− Property tax $6,978− Insurance $1,400− Vacancy & upkeep $5,796Net operating income $38,518

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

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