$3,195,000

For sale

1151 Morrison Heights Drive, Oakville (MO Morrison) - Single Family for Sale

1151 Morrison Heights Drive, Oakville (MO Morrison), Ontario, L6J4J2

5 beds4 baths10 parking3,250 ft²100 × 150 ft (15,000 sq ft) lot sizeListed 22 days ago

Overview

This 5-bedroom, 4-bathroom home in Oakville is for sale offering roughly 3,250 sq ft of space. Listed at $3,195,000, it is attractively priced about 24% below the $4,195,000 median asking price in Oakville. It has been on the market 22 days, fresher than the Oakville average of 63 days.

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Description

Rarely Offered! Amazing family home on one of the most sought after streets in Southeast Oakville's Morrison Corridor. Welcome to 1151 Morrison Heights Drive, set on an impressive irregular 100 x 150 ft (18,083.35 sq ft) lot surrounded by distinguished estates and mature trees. This exceptional property offers just under 4,000 sq. ft. total living space, 5 bedrooms, 4 bathrooms and extraordinary potential.The spacious main floor features separate living and dining rooms, a family room, office and an eat-in kitchen with granite countertops, island and stainless steel appliances. Additional highlights include two fireplaces, an inground pool, double-car garage, oversized driveway and partially finished basement. Explore the possibilities of a main-floor primary bedroom with separate entrance or an in-law suite.Ideally located near renowned private schools St.Mildred's-Lightbourn School and Linbrook School, minutes to vibrant Downtown Oakville, the Lake, all amenities, with convenient access to Oakville GO and major highways. Renovate and modernize the existing residence, enjoy the home as it stands, or build your own custom estate - an incredible opportunity in one of Oakville's most coveted neighbourhoods. (id:66096)

Property Details

MLS®: W13912338
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 10
Interior Size: 3,250 ft²
Lot Size: 100 × 150 ft (15,000 sq ft)
Frontage: 100 ft
Storeys: 2
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Pool: Yes
Ownership

Rooms

Main level

Foyer: 4.15 x 5.25 meters
Living room: 7.02 x 3.84 meters
Dining room: 4.36 x 3.81 meters
Kitchen: 3.53 x 4.61 meters
Eating area: 3.42 x 5.63 meters
Family room: 7.49 x 5.63 meters
Mud room: 4.52 x 2.69 meters
Primary Bedroom: 4.2 x 3.84 meters
Office: 4.04 x 2.84 meters
Other: 2.3 x 5.1 meters

Second level

Features

Appliances: All, Garage door opener remote(s), Water Heater
Foundation: Block
Exterior: Wood, Brick
Lot Features: Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

22d

Oakville (MO Morrison) listings, avg age

63d

Price / ft²

$983

List price

$3.19M

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.

Haho

This 5-bed single family in Oakville (MO Morrison) has been listed for 22 days, which is 41 days fresher than the city average of 63. Act while there is still low competition.

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Listed by Royal LePage Real Estate Services Ltd., Brokerage · STEPHANIE KENNEDY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6J)

This home lists at $3,195,000, about 20.2× the local median household income of $158,000.

Carrying it typically needs a household income of about $624,095 (20% down, 25-yr amortization, stress-tested) — roughly 295% above the area median.

Median household income: $158,000
Population: 24,420
Median age: 46.4
Owner / renter: 84% / 16%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L6J)

$3,195,000· $983/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $639,000

Min 20%50%

Mortgage payment$13,626/mo

Property tax (est.)$1,250/mo

Total monthly$14,876

Cash Needed to Close

Down payment (20%)$639,000

Land transfer tax$66,350

Est. closing costs$12,085

Total cash needed$717,435

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