9-2272 Mowat Avenue, Oakville, ON

River Oaks, Oakville · MLS® W13824740

$799,000
For Sale
Listed 21 days agoNo offer date stated
3Bedrooms
3Bathrooms
1Garage · 2 parking
1400-1599Sq ft

About this home

In short

  • Largest two storey End Unit in Mature Treed highly desired complex in popular River Oaks Over 1550 sq.ft. Plus over 700 Sq.
  • Ft. of finished Basement Renovated Greenhouse kitchen with Quartz countertops and custom backsplash open to large main floor Family room with Gas Fireplace Spacious...

*Largest two storey End Unit in Mature Treed highly desired complex in popular River Oaks* Over 1550 sq.ft.* Plus over 700 Sq. Ft. of finished Basement* Renovated Greenhouse kitchen with Quartz countertops and custom backsplash open to large main floor Family room with Gas Fireplace* Spacious Living and Dining combo for comfortable family gatherings* Cornice Molding throughout main floor* California Shutters* Spacious master retreat featuring renovated ensuite bath with large shower stall* W/I Closet * Large main bath with double sinks* Professionally Finished Recreation and Exercise rooms with cold storage room and lots of closet space * W/O from Kitchen to oversized private Custom back patio* Walk to many Kilometers of trails with breathtaking views by Sixteen Mile Creek for Nature Lovers* Waterpark and Playground in park close to the complex* Highly rated Oakville Schools* Three minute drive to Absolutely Spectacular new Sixteen Mile Sports Centre with many acres of all types of sporting areas * Wonderful setting for a growing Family or Retiring couples* Maintenance Free living! * Low Maintenance fee includes all exterior yard work plus Building insurance, roofs, windows, patio doors, front doors, patios, decks, improved insulation and lots of guest parking* Furnace and ducts recently serviced and cleaned. Extremely well run complex.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
W13824740
Bedrooms
3
Bathrooms
3 (1 half)
Size
1400-1599 sq ft
Cross streets
Dundas and Neyagawa
Parking
1 garage · 2 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle
Maintenance
$575/mo
Exposure
East West
Property tax
$3,655 / 2026
Days on market
21
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Bedroom 3Second3.66 × 2.65 m

California Shutters

Game RoomBasement4.86 × 4.41 m

Laminate

RecreationBasement6.03 × 4.92 m

Laminate

Bedroom 2Second3.68 × 2.65 m

California Shutters

Primary BedroomSecond6.35 × 3.36 m

3 pc ensuite · walk-in closet(s)

Living RoomMain7.02 × 3.26 m

california shutters · combined w/dining · hardwood floor

Dining RoomMain7.02 × 3.26 m

combined w/living · crown moulding · hardwood floor

Family RoomMain4.72 × 3.34 m

california shutters · hardwood floor · gas fireplace

Our TakeTeam Asgarian · Broker
In line with recent sales
$822Kautomated estimate, from recent sales

Listed at $799,000, about 3% below our estimate of $822K (homes like it typically land between $765K and $864K).

Why $822K. The typical townhouse sold in River Oaks over the past year went for about $620K (61 sales). What sets this one apart:

  • ▲ Raises it stronglyIt is 1,400 to 1,599 sq ft; the typical home sold here is 900 to 999.
  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $3,655 a year; the typical home sold here pays about $3,100.
  • ▲ Raises it slightly3 bedrooms and 3 baths, against 2+1 and 2 typically.
List price
$765KBelow our range$864KAbove our range

Total price vs nearby homes. Fair value about $822K, learned from recent GTA sales.

The market behind the math:

21days on market so far
$3,696/moest. rent · 12 leases
5.6%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $533/sqft against an area asking average of $575/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 and this building.

It never sees the asking price. The 29 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $863K. Condition and finishes remain an in-person call.

What the listing highlights4 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
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Primary suite: a key comfort and resale feature. 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 River Oaks, so I widened the search to the surrounding area.

Based on 29 comparable homes that sold in River Oaks over the past two years, from 34 closings there.

What sellers nearby are askingCurrently listed nearby in River Oaks · asking prices
$785kavg 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 $581/sqft; this home lists at $533/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
799kThis home820k680k855kThis home vs active comparables

Sold price trend

Median sold price for condo townhouses in Oakville: $900K in September 2026, up 1% from a year ago, on 208 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$675K22
November 2025$653K13
December 2025$755K16
January 2026$563K9
February 2026$800K13
March 2026$735K19
April 2026$730K21
May 2026$739K24
June 2026$747K22
July 2026$600K19
August 2026$588K17
September 2026$900K13

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
$675K
West Oak Trails
$729K
Glen Abbey
$937K
Falgarwood
$684K
Westmount
$580K

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
$3,642/mo
$163KIncome needed
4.9×Price ÷ income
$840Weekly cost
$12,455Land 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.

81%mortgage
Mortgage $3,642Property tax $305Condo fee $575Total carry $4,521

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%
$
%
4.49%
%
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)
$3,534per month

Mortgage amount $639,200 · 4.49% over 25 years

$159,800Down payment (20.0%)
$639,200Loan before insurance
$0CMHC premium
$4,414Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,534
Property tax
$305
Condo / maintenance fees
$575
Heating
$0
Estimated monthly cost
$4,414

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

One-time closing costs

Ontario land transfer tax
$12,455
Estimated closing costs
$12,455

Plus your down payment of $159,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,278/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

$421,074Total interest paid
$1,060,274Total of all payments
Principal $639,200 Interest $421,074
YearPrincipalInterestBalance
1$14,264$28,147$624,936
2$14,912$27,499$610,024
3$15,589$26,822$594,435
4$16,297$26,114$578,138
5$17,037$25,374$561,102
6$17,810$24,601$543,291
7$18,619$23,792$524,672
8$19,464$22,947$505,208
9$20,348$22,063$484,860
10$21,272$21,139$463,588
11$22,238$20,173$441,351
12$23,247$19,164$418,103
13$24,303$18,108$393,800
14$25,406$17,005$368,394
15$26,560$15,851$341,834
16$27,766$14,645$314,068
17$29,026$13,384$285,042
18$30,344$12,067$254,697
19$31,722$10,689$222,975
20$33,162$9,248$189,813
21$34,668$7,743$155,145
22$36,242$6,169$118,902
23$37,888$4,523$81,015
24$39,608$2,803$41,406
25$41,406$1,005$0

At the end of your 5-year term

Total paid over the term
$212,055
Principal paid down
$78,098
Interest paid
$133,956
Balance remaining
$561,102

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 12 whole-home leases in River Oaks$3,696/mo
$44,352Gross annual rent
3.5%Cap rate after taxes and upkeep
$3,511 to $3,898Typical rent range

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 12 whole-home leases in River Oaks signed at a median of $3,503 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,696. 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.

5.6%
Gross yield
− Property tax $3,655− Condo fees $6,903− Insurance $600− Vacancy & upkeep $4,879Net operating income $28,315

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

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