$1,090,000
Oakville
541 SIXTEEN MILE Drive, Oakville, Ontario, L6M0P7
This 3-bedroom, 4-bathroom home in Oakville is for sale offering roughly 2,664 sq ft of space. Listed at $1,090,000, it is attractively priced about 36% below the $1,699,999 median asking price in Oakville. It has been on the market 29 days, fresher than the Oakville average of 56 days.
Welcome to 541 Sixteen Mile Drive, this beautifully upgraded & impeccably maintained 3-bedroom, 3.5-bathroom freehold townhome in sought-after North Oakville. Impressive curb appeal features a striking stone, brick and stucco exterior, distinctive gables, arched windows & an upgraded limestone-covered entrance with contemporary glass privacy panels. Step inside to a bright, sophisticated interior showcasing 9-foot ceilings, rich hardwood flooring, designer lighting and thoughtfully selected finishes throughout. The open-concept main level is ideal for everyday living & entertaining, with spacious living and dining areas and oversized windows filling the home with natural light. The modern kitchen features crisp white cabinetry extending to the ceiling, granite countertops, mosaic tile backsplash, stainless steel appliances, chimney-style range hood and a large centre island. Upstairs, the spacious primary retreat offers hardwood flooring, a tray ceiling, elegant chandelier and spa-inspired ensuite with corner soaker tub, separate glass shower & stone-topped vanity. Two additional generous bedrooms, including one with a beautiful arched window, & a well-appointed main bathroom complete the upper level. The fully finished lower level provides exceptional additional living space with a large recreation area, full bathroom & dedicated laundry—perfect for movie nights, a home gym, playroom or guest space. Enjoy a private, low-maintenance outdoor area with extensive interlocking, privacy fencing & convenient storage. The upgraded garage features epoxy-coated flooring, EV charging capability & overhead storage. Additional updates include the furnace, dishwasher & toilets. Walk to three shopping plazas, the newly opened Sixteen Mile Sports Complex, highly rated schools, parks & scenic trails. Minutes to Oakville Trafalgar Memorial Hospital, Oakville Place & Oakville GO, with easy access to Hwy 407, 401 & QEW. Virtually Staged pictures. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 29 days on market, against an average age of 56 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 3-bed single family in Oakville has been listed for 29 days, which is 27 days fresher than the city average of 56. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,090,000, about 7.6× the local median household income of $143,000.
Carrying it typically needs a household income of about $212,915 (20% down, 25-yr amortization, stress-tested) — roughly 49% above the area median.
Source: Statistics Canada, 2021 Census (FSA L6M)
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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.