1496 Mansfield Drive, Oakville, ON
College Park, Oakville · MLS® W13836178
About this home
In short
- Welcome to this exquisite home in Oakville's College Park community, where timeless design meets everyday functionality.
- The main and upper levels feature impressive ceiling heights, smooth ceilings, pot lights throughout, rich hardwood flooring, luxury oversized tile, and elegant...
- The upper level offers 4 spacious bedrooms, including a luxurious primary retreat, two ensuite bathrooms, a third full bathroom, second-floor laundry, and custom...
Welcome to this exquisite home in Oakville's College Park community, where timeless design meets everyday functionality. The main and upper levels feature impressive ceiling heights, smooth ceilings, pot lights throughout, rich hardwood flooring, luxury oversized tile, and elegant architectural details, including a waffle ceiling in the family room and custom ceiling treatments in the living & dining rooms. Expansive windows fill home with natural light, creating a bright and inviting atmosphere. The chef-inspired kitchen is the heart of the home, featuring S/S appliances, a gas cooktop, quartzite countertops, a massive center island, built-in beverage fridge, premium soft-close cabinetry, and abundant workspace. With direct access to the finished wood deck, it's ideal for everyday living and entertaining. The adjoining family room features a dramatic floor-to-ceiling stone accent wall with a built-in electric fireplace, creating a warm and elegant space to gather. A versatile main-floor office with an adjacent full bathroom can easily serve as a fifth bedroom, making it ideal for guests, multi-generational living, or a private home office. The upper level offers 4 spacious bedrooms, including a luxurious primary retreat, two ensuite bathrooms, a third full bathroom, second-floor laundry, and custom built-in closet organizers throughout. Every bathroom features quartz countertops and premium soft-close cabinetry. The finished walk-up basement offers exceptional flexibility with a full kitchen, wet bar, and private nanny or in-law suite, making it ideal for extended family, overnight guests, or entertaining. Set on an oversized lot, the backyard features a finished wood deck and an interlocked driveway extending to the rear yard, offering added convenience and functionality. Ideally located near top-rated schools, parks, shopping, transit, and highways, this home offers luxury, comfort, and convenience in one of Oakville's most desirable neighbourhoods! *V-TOUR ATT*
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13836178
- Bedrooms
- 5+1 (6 total)
- Bathrooms
- 5
- Size
- 3000-3500 sq ft
- Lot
- 63 × 119 ft
- Cross streets
- Upper Middle / Oxford
- Parking
- 2 garage · 6 parking (attached)
- Basement
- Separate Entrance, Finished, Apartment
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $12,347 / 2025
- Days on market
- 17
- Listing brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Rooms
open concept · stainless steel appl · w/o to patio
combined w/living · hardwood floor · 2 pc bath
open concept · walk-up · large closet
overlooks frontyard · hardwood floor · closet organizers
combined w/dining · coffered ceiling(s) · hardwood floor
large window · hardwood floor · closet organizers
fireplace · w/o to patio · open concept
hardwood floor · overlooks frontyard · 4 pc bath
3 pc ensuite · hardwood floor · overlooks frontyard
5 pc bath · walk-in closet(s) · overlooks backyard
double doors · hardwood floor · closet
wet bar · hardwood floor · 4 pc bath
Listed at $2,499,000. 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 $2.43M, if it sells. A realistic range is $2.27M to $2.73M.
Independent value check: $2.20M. Without looking at the asking price, our model values the home itself about 12% below the ask (homes like it typically land between $2.07M and $2.31M).
Why $2.20M. The typical detached home sold in College Park over the past year went for about $1.21M (55 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $12,347 a year; the typical home sold here pays about $5,400.
- ▲ Raises it stronglyIt is 3,000 to 3,500 sq ft; the typical home sold here is 1,500 to 2,000.
- ▲ Raises it5+1 bedrooms and 5 baths, against 3+1 and 2 typically.
Total price vs nearby homes. Likely closing about $2.43M, from 14 recent closings in this pocket.
The market behind the math:
About 4.7 months of inventory: 22 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 $769/sqft against an area asking average of $828/sqft.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in College Park: 12 of the 81 detached leases here lately were basement units, around $1,825 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of Oakville.
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 $2.03M. 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.
- Primary suite: a key comfort and resale feature. 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 ($769/sqft) is below the area, so you are paying for extra space rather than a premium.
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.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing 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 $2.20M, which is where my estimate comes from.
Per square foot, these ask about $719/sqft; this home lists at $769/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 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
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 $1,999,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,054
- Property tax
- $1,029
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,083
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $48,950
- Estimated closing costs
- $48,950
Plus your down payment of $499,800. 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
- $663,235
- Principal paid down
- $244,265
- Interest paid
- $418,970
- Balance remaining
- $1,754,935
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
The suite is real income here: basements rent in College Park (12 of 81 recent detached leases were basement units, around $1,825 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,825 a month on top of the upper floors. Permitted use is worth confirming with the city.
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 6 whole-home leases in College Park signed at a median of $5,172 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,510. 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 REAL ESTATE CENTRE INC.. MLS®/PropTx.