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$2,799,999
Oakville
25 Howard Avenue, Oakville (OO Old Oakville), Ontario, L6J3Y2
This 5-bedroom, 2-bathroom home in Oakville is for sale offering roughly 2,250 sq ft of space. Listed at $2,799,999, it is attractively priced about 26% below the $3,769,000 median asking price in Oakville. It has been on the market 32 days, fresher than the Oakville average of 81 days.
Rare opportunity in coveted Orchard Beach, just steps from Lake Ontario and the waterfront trail. Set on a premium 50 x 160 ft lot, this property comes with completed architectural and engineering drawings and Committee of Adjustment approval for a proposed 3,800 sq ft residence. An exceptional offering for a buyer looking to move forward with confidence, with extensive completed work including floor plan and exterior concepts, colour renderings, arborist report, architectural drawing package, sealed roof truss package, sealed LVL layout, sealed structural engineering package, HVAC design, grading and drainage plan, soil test, and stormwater management report.The existing home was updated in 2024 with electrical improvements, a renovated bathroom, updated flooring, a new kitchen, and new appliances, offering flexibility to live in or hold the property while completing the final permit stage. Zoning and Committee of Adjustment approvals are already in place, with remaining steps in progress. Located a short stroll from downtown Oakville, the lake, and top schools, this is a rare opportunity to secure a prime property with meaningful value already created. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 32 days on market, against an average age of 81 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 (OO Old Oakville) has been listed for 32 days, which is 49 days fresher than the city average of 81. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,799,999, about 17.7× the local median household income of $158,000.
Carrying it typically needs a household income of about $546,938 (20% down, 25-yr amortization, stress-tested) — roughly 246% above the area median.
Source: Statistics Canada, 2021 Census (FSA L6J)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.