$5,845,000

For sale

240 Poplar Drive, Oakville (MO Morrison) - Single Family for Sale

240 Poplar Drive, Oakville (MO Morrison), Ontario, L6J4C8

5 beds6 baths13 parking4,250 ft²130 × 130 ft (16,900 sq ft) lot sizeListed 14 days ago

Overview

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 14 days, fresher than the Oakville average of 63 days.

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Description

Space, privacy and an exceptional Southeast Oakville location. Set on a generous 130 x 130 ft lot surrounded by mature trees, 240 Poplar Drive offers an inviting setting for family life and entertaining, within walking distance of downtown Oakville, the lake, parks, restaurants and boutiques.The backyard features an inground saltwater pool and room to relax, gather and enjoy the outdoors. Inside, the fully finished lower level provides versatile space for recreation, fitness, hobbies and guests.Located in the established Morrison neighbourhood, close to sought-after schools, this property offers the space of a substantial lot with the convenience of Oakville's shops, dining and waterfront nearby. A home to enjoy through every season, with room for family and friends. (id:66096)

Property Details

MLS®: W14104434
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 6
Half Baths: 1
Parking: 13
Interior Size: 4,250 ft²
Lot Size: 130 × 130 ft (16,900 sq ft)
Frontage: 130 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Air exchanger
Garage: Attached Garage, Garage
Fireplace: Yes
Pool: Yes
Ownership

Features

Appliances: Central Vacuum, Oven - Built-In, Garage door opener remote(s)
Foundation: Poured Concrete
Exterior: Stone, Stucco
Lot Features: Carpet Free

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Oakville (MO Morrison) listings, avg age

63d

Price / ft²

$1,375

List price

$5.84M

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 14 days, which is 49 days fresher than the city average of 63. Act while there is still low competition.

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Listed by FOREST HILL REAL ESTATE INC. · TORI HARPER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6J)

This home lists at $5,845,000, about 37.0× the local median household income of $158,000.

Carrying it typically needs a household income of about $1,141,733 (20% down, 25-yr amortization, stress-tested) — roughly 623% 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)

$5,845,000· $1,375/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $1,169,000

Min 20%50%

Mortgage payment$24,927/mo

Property tax (est.)$2,528/mo

Total monthly$27,456

Cash Needed to Close

Down payment (20%)$1,169,000

Land transfer tax$132,600

Est. closing costs$20,035

Total cash needed$1,321,635

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