1318 Odessa Crescent, Oakville, ON

College Park, Oakville · MLS® W13850434

$1,888,000
For Sale
Listed 14 days agoNo offer date stated
3+1Bedrooms
5Bathrooms
1.5Garage · 5 parking
2500-3000Sq ft

About this home

In short

  • EXCEPTIONAL COLLEGE PARK SETTING BACKING ONTO 16 MILE CREEK AND GLEN ABBEY GOLF COURSE.
  • Rebuilt in 2014, this contemporary residence is designed for modern family living.
  • The sunken primary bedroom offers a walk-in closet with custom vanity and wardrobe, plus a spa-inspired ensuite with double vanities and freestanding soaker tub...
  • The finished basement includes a recreation room, bedroom/den, laundry, three-piece bath, kitchenette rough-in, and ample storage (basement stairs "as is").
  • The incredibly private backyard is a true retreat with deck, patio, hot tub, sauna, perennial gardens, and towering trees.

EXCEPTIONAL COLLEGE PARK SETTING BACKING ONTO 16 MILE CREEK AND GLEN ABBEY GOLF COURSE! A RARE AND PRIVILEGED SETTING SURROUNDED BY NATURE AND PRIVACY. Tucked away on a quiet, tree-lined street, 1318 Odessa Crescent offers an exceptional setting surrounded by nature and privacy. Rebuilt in 2014, this contemporary residence is designed for modern family living. The stunning kitchen features an exposed beam ceiling, high-gloss cabinetry, pantry, brick backsplash, premium stainless steel appliances and countertop, massive quartzite island with seating for six, French door walkout, and attractive wood stove. A dining area with second backyard walkout, powder room with brick accent wall, and spacious living room with built-in projector and screen complete the main level. The sunken primary bedroom offers a walk-in closet with custom vanity and wardrobe, plus a spa-inspired ensuite with double vanities and freestanding soaker tub (shower "as is"). Two additional bedrooms each offer walk-in closets with custom wardrobes and contemporary three-piece ensuites. The finished basement includes a recreation room, bedroom/den, laundry, three-piece bath, kitchenette rough-in, and ample storage (basement stairs "as is"). Additional highlights include floating cork flooring, 9' main level ceilings, 200-amp electrical panel, surround sound inside and out, 1.5-car garage with inside entry, EPDM rubber membrane roof. The incredibly private backyard is a true retreat with deck, patio, hot tub, sauna, perennial gardens, and towering trees. Minutes to Oakville and Glen Abbey Golf Clubs, Sunningdale PS, White Oaks SS (IB), Sheridan College, Holy Trinity CSS, Oakville Place, 16 Mile Sports Complex, and parks and trails. Commuters enjoy easy access to highways, transit, and GO Train. Downtown Oakville and the lake are also just a short drive away. Enjoy exceptional family living in a private, nature-rich setting where convenience and lifestyle come together beautifully.(some AI enhancements)

Key facts

Property type
Detached, 2-Storey
MLS®
W13850434
Bedrooms
3+1 (4 total)
Bathrooms
5 (1 half)
Size
2500-3000 sq ft
Lot
50.08 × 143.77 ft
Cross streets
Upper Middle Road West AND Oxford Avenue
Parking
1.5 garage · 5 parking (attached)
Driveway
Private, Inside Entry
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Cedar, Metal/Steel Siding
Foundation
Poured Concrete
Roof
Flat
Sewer
Sewer
Property tax
$8,997 / 2025
Days on market
14
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

BathroomBasement2.39 × 2.41 m

3 pc bath · cork floor

Utility RoomBasement3.00 × 2.29 m
BathroomSecond2.44 × 2.36 m

3 pc ensuite · cork floor

BathroomSecond2.44 × 2.01 m

3 pc ensuite · cork floor

Bedroom 4Basement3.86 × 2.77 m

Cork Floor

Bedroom 2Second4.17 × 4.34 m

3 pc ensuite · walk-in closet(s) · cork floor

Living RoomMain6.35 × 4.22 m

cork floor · pot lights

BathroomSecond3.15 × 5.89 m

4 pc ensuite · double sink · soaking tub

Bedroom 3Second4.75 × 3.86 m

3 pc ensuite · walk-in closet(s) · cork floor

OtherBasement3.17 × 2.97 m
RecreationBasement4.19 × 6.05 m

Cork Floor

Dining RoomMain6.88 × 3.40 m

cork floor · pot lights · w/o to yard

BathroomMain1.35 × 2.57 m

2 pc bath · cork floor

Primary BedroomSecond4.93 × 6.86 m

4 pc ensuite · walk-in closet(s) · cork floor

KitchenMain6.88 × 3.96 m

cork floor · stainless steel appl · w/o to yard

LaundryBasement2.39 × 2.77 m

laundry sink · cork floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.83Mlikely sale price

Listed at $1,888,000. 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 $1.83M, if it sells. A realistic range is $1.72M to $2.07M.

Independent value check: $1.67M. Without looking at the asking price, our model values the home itself about 12% below the ask (homes like it typically land between $1.57M and $1.75M).

Why $1.67M. 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 $8,997 a year; the typical home sold here pays about $5,400.
  • ▲ Raises itIt is 2,500 to 3,000 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises it3+1 bedrooms and 5 baths, against 3+1 and 2 typically.
  • ▼ Lowers it slightlyThe listing presents it as a home to renovate or rebuild.
List price
$1.72MBelow recent closings$2.07MAbove recent closings

Total price vs nearby homes. Likely closing about $1.83M, from 14 recent closings in this pocket.

The market behind the math:

14sold nearby · 90 days
$1.30Mmedian sold price
95%of asking, on average
+4%prices vs a year ago
~19 dayshomes like this take to sell
14days on market so far
$5,686/moest. rent · 9 leases
3.6%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.5 months of inventory: 7 detached homes for sale in the area against 14 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 $687/sqft against an area asking average of $758/sqft.

  • Park / green-space backing. The listing says this home backs onto or abuts a park or green space. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my in-person call.
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 $1.48M. 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.

  • 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
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($687/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.

What sellers nearby are askingCurrently listed nearby in College Park · asking prices
$1.73Mavg 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 $684/sqft; this home lists at $687/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.89MThis home1.88M1.83M1.49MThis home vs active comparables

Sold 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.

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$1.60M143
November 2025$1.64M110
December 2025$1.61M63
January 2026$1.62M51
February 2026$1.54M70
March 2026$1.63M101
April 2026$1.65M158
May 2026$1.68M192
June 2026$1.65M166
July 2026$1.60M134
August 2026$1.60M103
September 2026$1.55M87

Neighbourhood & location

College Park, 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.

Glen Abbey
$1.64M
River Oaks
$1.40M
Falgarwood
$1.34M
Wedgewood Creek
$1.40M
Glenorchy
$1.84M

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
$8,605/mo
$355KIncome needed
5.3×Price ÷ income
$1,986Weekly cost
$34,235Land 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 $8,605Property tax $750Total carry $9,355

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.

4.49%
%
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)
$8,351per month

Mortgage amount $1,510,400 · 4.49% over 25 years

$377,600Down payment (20.0%)
$1,510,400Loan before insurance
$0CMHC premium
$9,101Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,351
Property tax
$750
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,101

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

One-time closing costs

Ontario land transfer tax
$34,235
Estimated closing costs
$34,235

Plus your down payment of $377,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,108/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

$994,978Total interest paid
$2,505,378Total of all payments
Principal $1,510,400 Interest $994,978
YearPrincipalInterestBalance
1$33,706$66,509$1,476,694
2$35,236$64,979$1,441,458
3$36,836$63,379$1,404,622
4$38,508$61,707$1,366,114
5$40,257$59,958$1,325,857
6$42,085$58,130$1,283,772
7$43,996$56,220$1,239,777
8$45,993$54,222$1,193,784
9$48,081$52,134$1,145,702
10$50,264$49,951$1,095,438
11$52,547$47,668$1,042,891
12$54,932$45,283$987,959
13$57,427$42,789$930,532
14$60,034$40,181$870,498
15$62,760$37,455$807,738
16$65,609$34,606$742,129
17$68,588$31,627$673,541
18$71,702$28,513$601,838
19$74,958$25,257$526,880
20$78,361$21,854$448,519
21$81,919$18,296$366,600
22$85,639$14,576$280,961
23$89,527$10,688$191,434
24$93,592$6,623$97,842
25$97,842$2,374$0

At the end of your 5-year term

Total paid over the term
$501,076
Principal paid down
$184,543
Interest paid
$316,533
Balance remaining
$1,325,857

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 9 whole-home leases in College Park$5,686/mo
$68,232Gross annual rent
2.7%Cap rate after taxes and upkeep
$5,231 to $6,250Typical rent range
~12 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 9 whole-home leases in College Park signed at a median of $5,162 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,686. 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.

3.6%
Gross yield
− Property tax $8,997− Insurance $1,400− Vacancy & upkeep $7,506Net operating income $50,329

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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