$5,799,000
Oakville
1074 Lavender Lane, Oakville (MO Morrison), Ontario, L6J1V2
This 5-bedroom, 6-bathroom home in Oakville is for sale offering roughly 4,250 sq ft of space. It has been on the market 40 days, fresher than the Oakville average of 63 days.
Poised along one of Oakville's finest streets, 1074 Lavender Lane is a custom-built residence where enduring craftsmanship and gracious family living come together. Surrounded by distinguished homes in a prestigious neighborhood, this luxury-certified property offers more than 7,000 square feet of total living space. Inside, refined formal living and dining rooms are complemented by a private office and an inviting family room with built-in television cabinetry. The gourmet kitchen is designed for serious cooking and effortless hosting, showcasing granite surfaces, integrated appliances, a substantial island, and direct connection to the family room. A butler's pantry elevates entertaining with a dual-zone wine refrigerator, a beverage refrigerator, and a double-drawer dishwasher. Main-floor laundry and a mudroom provide practical access to the garage and outdoors. Upstairs, the primary retreat impresses with a cathedral ceiling and an expansive walk-in closet offering conversion potential. Each upper bedroom enjoys ensuite access. The finished lower level adds a guest bedroom, bathroom, music or exercise room, expansive recreation area, and a remarkable stone-lined wine cellar entered through a hand-carved door. Outside, a screened porch with a gas fireplace overlooks a private, tree-lined, resort-like setting with an inground pool and attached hot tub. Ideally situated near top-rated public, Catholic, and private schools, scenic parks and ravine trails, convenient transit, and the upscale shops and dining of downtown Oakville, this thoughtfully crafted home offers an exceptional setting for refined family living. Built with exceptional care and attention to detail, it combines comfort, privacy, and an enviable Oakville location. Luxury Certified. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 40 days on market, against an average age of 63 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
This 5-bed single family in Oakville (MO Morrison) has been listed for 40 days, which is 23 days fresher than the city average of 63. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $5,799,000, about 36.7× the local median household income of $158,000.
Carrying it typically needs a household income of about $1,132,748 (20% down, 25-yr amortization, stress-tested) — roughly 617% above the area median.
Source: Statistics Canada, 2021 Census (FSA L6J)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.