$3,995,000
Oakville
416 Wedgewood Drive, Oakville (MO Morrison), Ontario, L6J4S4
This 5-bedroom, 7-bathroom home in Oakville is for sale offering roughly 4,250 sq ft of space. Listed at $3,995,000, it is attractively priced about 5% below the $4,195,000 median asking price in Oakville. It has been on the market 8 days, fresher than the Oakville average of 63 days.
Set on a prime west-backing lot in Morrison, one of SE Oakville's most established + distinguished neighbourhoods, this custom-built family home pairs thoughtful design + enduring quality w/an exceptional natural setting. Mature trees + dense greenery frame the coastal-inspired residence, while a stone portico with wood-burning fireplace, linear pool + layered outdoor gathering areas extend the living experience in the rear gardens. You are welcomed by formal foyer, introducing the well-considered material palette, w/natural stone + plaster crown moulding carried throughout. Expansive principal spaces, vaulted ceilings + abundant natural light establish a sense of volume, complemented by mixed wood finishes + full-height glazing connecting the interior to the rear grounds. The chef's kitchen balances timeless white cabinetry, an oversized island + carefully selected stone with a distinctive wood-framed stove canopy. A full wall of glazing that opens to the rear portico, carries to the great room, with feature fireplace, tongue-and-groove wood ceiling + garden views, the layout lends itself to both everyday living + entertaining. A generous dining room with servery, versatile front den/office + well-appointed mudroom with custom storage + dog wash complete the main level. The second level offers 4 spacious beds, each with dbl/walk-in closets + private ensuites. Bespoke millwork + a windowed cupola add architectural distinction, while the primary suite features a private balcony walkout, luxurious ensuite + exceptional dressing room. The LL is versatile w/an expansive recreation area, dedicated theatre w/projection screen + gas fireplace, adjoining billiards space + well-appointed gym w/ensuite. A fifth bedroom + full bath complete this generous family retreat. Should you require the space, the gym could function as a 6th bedroom suite. This is a property of exceptional design w/in a well-established SE Oakville neighbourhood. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 8 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 8 days, which is 55 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 $3,995,000, about 25.3× the local median household income of $158,000.
Carrying it typically needs a household income of about $780,363 (20% down, 25-yr amortization, stress-tested) — roughly 394% 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.