332 PALMER Avenue, Oakville, ON
Old Oakville, Oakville · MLS® W13832032
About this home
In short
- South East Oakville Home Dream.
- The kitchen features clean line sand timeless craftsmanship for a busy family featuring an additional dishwasher and luxurious heated floors paired with a highly...
- Upstairs, the expansive primary suite acts as a private sanctuary with its own Rumford fireplace, walk-in closet and private 5 piece ensuite.
- Complete with major mechanical updates-including a newer furnace, central A/C, and an owned hot water tank-this distinguished home offers total peace of mind.
South East Oakville Home Dream. Nestled on a premium, light-filled south-facing lot on Palmer Avenue, this beautifully updated heritage home seamlessly blends timeless architectural character with modern comforts. Every space has been thoughtfully updated to maximize natural light and highlight effortless flow throughout the residence. The main level showcases rich plank flooring, expansive formal living and dining spaces, and a welcoming great room anchored by a stunning Rumford fireplace. The kitchen features clean line sand timeless craftsmanship for a busy family featuring an additional dishwasher and luxurious heated floors paired with a highly functional rear galley pantry for exceptional storage. A main-floor fifth bedroom serves as an ideal guest suite or private home office. Upstairs, the expansive primary suite acts as a private sanctuary with its own Rumford fireplace, walk-in closet and private 5 piece ensuite. A second floor laundry, and three additional spacious bedrooms complete the upper level. Downstairs, the finished lower level offers versatile space perfectly suited for a media room, home gym, or play area along with ample storage. The backyard settles in with old world charm enjoying a south-facing private retreat featuring two oversized decks, one covered, designed for entertaining amidst mature, lush grounds. Complete with major mechanical updates-including a newer furnace, central A/C, and an owned hot water tank-this distinguished home offers total peace of mind. Located just steps from downtown Oakville, the lake, top-ranked schools, and scenic parks, this is a rare opportunity to own a turnkey heritage property in one of Oakville's most coveted neighborhoods.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13832032
- Bedrooms
- 5
- Bathrooms
- 3 (1 half)
- Size
- 3000-3500 sq ft
- Lot
- 48 × 165 ft
- Cross streets
- Reynolds and Palmer
- Parking
- 3 parking
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster), Wood
- Foundation
- Block, Stone
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $10,900 / 2025
- Days on market
- 19
- Listing brokerage
- RE/MAX Escarpment Realty Inc., Brokerage
Rooms
Listed at $2,399,000. Going by how homes in Old Oakville and the wider GTA have actually closed against their asking prices (about 96%, 23 local closings in 90 days), the likely sale price is near $2.29M, if it sells. A realistic range is $2.15M to $2.58M.
Independent value check: $2.48M. Without looking at the asking price, our model values the home itself about 4% above the ask (homes like it typically land between $2.33M and $2.60M).
Why $2.48M. The typical detached home sold in Old Oakville over the past year went for about $2.74M (55 sales). What sets this one apart:
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $10,900 a year; the typical home sold here pays about $11,800.
- ▼ Lowers it5 bedrooms and 3 baths, against 4+1 and 4 typically.
- ▲ Raises it slightlyIt is 3,000 to 3,500 sq ft; the typical home sold here is 2,500 to 3,000.
- ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $2.29M, from 23 recent closings in this pocket.
The market behind the math:
About 2.6 months of inventory: 20 detached homes for sale in the area against 23 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $738/sqft against an area asking average of $1,327/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.
It never sees the asking price. The 23 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.50M. 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.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Heated floors: comfort and a premium-finish signal. Lifestyle
Based on 23 comparable homes that sold in Old Oakville over the past two years, from 257 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 $2.48M, which is where my estimate comes from.
Per square foot, these ask about $1,233/sqft; this home lists at $738/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
Old Oakville, 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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $1,919,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,612
- Property tax
- $908
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,520
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $46,450
- Estimated closing costs
- $46,450
Plus your down payment of $479,800. 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
- $636,695
- Principal paid down
- $234,491
- Interest paid
- $402,204
- Balance remaining
- $1,684,709
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 36 whole-home leases in Old Oakville signed at a median of $9,199 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $8,926. 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 RE/MAX Escarpment Realty Inc., Brokerage. MLS®/PropTx.