177 Sixteen Mile Drive, Oakville

Price: $1,500,000

5 bedrooms, 5 bathrooms

2,500 sq ft

Property Type: Single Family Home

MLS#: W12783570

Welcome to the Jasmine French Chateau Model by Mattamy Homes where timeless elegance meets modern comfort. This beautifully designed home offers a bright and airy main floor with 9-foot ceilings, rich hardwood floors, pot lights, and a cozy gas fireplace. The open-concept layout seamlessly connects the living and dining spaces, while the spacious eat-in kitchen features abundant cabinetry, a generous island, and direct access to a walk-in pantry and a convenient mudroom with a second walk-in closet off the garage. Upstairs, you'll find four well-appointed bedrooms. Two bedrooms feature private ensuites and walk-in closets, while a third enjoys semi-ensuite access and a charming window seat. The expansive primary suite is a true retreat with its own walk-in closet and a spa-like 5-piece ensuite, complete with double sinks, a soaker tub, and a glass-enclosed shower. The second-floor laundry room is full of natural light, adding both practicality and charm. The lower level has recently been professionally finished that offers even more living space, including a media room with pot lights, a dedicated home office area, a bright spacious additional bedroom with an oversized closet, and a sleek 3-piece bathroom. BONUS E/V charging station in the garage for your electric vehicle! This family home is perfectly located within walking distance to schools, Smart Centres shopping, major highways, and the GO Station this home offers exceptional lifestyle and convenience for today's modern family

177 Sixteen Mile Drive - Single Family Home for sale in Oakville, Ontario
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$1,500,000 - 177 Sixteen Mile Drive, Oakville

Single Family Home for Sale in Oakville

5Beds
5Baths
2,500Sq Ft
Single Family Home
Property Details
MLS Number
W12783570
Property Type
Single Family Home
Status
active
Days on Site
7
Bedrooms
5
Bathrooms
5
Square Feet
2,500 sqft
City
Oakville
Lot Size
3,549 sqft
Listing Brokerage
Re/Max Hallmark Alliance Realty
Description

Welcome to the Jasmine French Chateau Model by Mattamy Homes where timeless elegance meets modern comfort. This beautifully designed home offers a bright and airy main floor with 9-foot ceilings, rich hardwood floors, pot lights, and a cozy gas fireplace. The open-concept layout seamlessly connects the living and dining spaces, while the spacious eat-in kitchen features abundant cabinetry, a generous island, and direct access to a walk-in pantry and a convenient mudroom with a second walk-in closet off the garage. Upstairs, you'll find four well-appointed bedrooms. Two bedrooms feature private ensuites and walk-in closets, while a third enjoys semi-ensuite access and a charming window seat. The expansive primary suite is a true retreat with its own walk-in closet and a spa-like 5-piece ensuite, complete with double sinks, a soaker tub, and a glass-enclosed shower. The second-floor laundry room is full of natural light, adding both practicality and charm. The lower level has recently been professionally finished that offers even more living space, including a media room with pot lights, a dedicated home office area, a bright spacious additional bedroom with an oversized closet, and a sleek 3-piece bathroom. BONUS E/V charging station in the garage for your electric vehicle! This family home is perfectly located within walking distance to schools, Smart Centres shopping, major highways, and the GO Station this home offers exceptional lifestyle and convenience for today's modern family

Mortgage Calculator

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Estimated Payment

$6,635.01/mo

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5-yr fixed avg.

Principal: $1,200,000Interest: $790,502
Mortgage Amount$1,200,000
Total Interest$790,502
Est. Property Tax$1,063/mo
Total Cost$1,990,502

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

Neighbourhood Guide: Oakville

Discover Oakville

Oakville is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Oakville

  • Convenient location in Oakville
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Oakville Trafalgar High SchoolPublic High School
Iroquois Ridge High SchoolPublic High School
Holy Trinity Catholic Secondary SchoolCatholic High School
Abbey Park High SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Oakville offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

177 Sixteen Mile Drive, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$1,063
Insurance (est.)-$313
Net Cash Flow+$2,574

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $600/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Oakville's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Oakville.

Bathroom Count Matters

With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Oakville Premium

Oakville commands premium prices for good reasons: top-rated schools, waterfront access, charming downtown, and affluent community. Homes here hold value exceptionally well during market corrections. The trade-off is higher property taxes and home prices. If schools and lifestyle are priorities, Oakville delivers.

Investment Perspective

Looking at this as an investment: Oakville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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