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Listed 3 months ago

316 River Side Drive

1002 - CO Central, Oakville

$2,399,000

Detached|Bungalow-Raised
3 | 2 | 7
About this home

Bright, well maintained raised bungalow with a stunning backyard oasis available in the well sought out area of the West River neighbourhood. The eat-in sunroom kitchen is infused with natural light, with wraparound windows with views of the private backyard, a long peninsula quartz counter, pantry space, gas stove, reverse osmosis water system under kitchen sink, and patio doors out to decks, patios and an inground pool with spillover hot tub. Combination living room and dining room with built in bookcases is perfect for entertaining family and friends. Large primary bedroom with two other good size bedrooms with the 3rd bedroom currently being used as an office. 4 pc bathroom completes this floor. The finished basement features a den with gas fireplace, large sunlit bedroom, 3 pc bathroom, large rec room currently used as an office and laundry room with counter space and extra cupboards. The backyard gives you lots of options for entertaining or just hanging out. Decks, gazebo, raised reading nook, shed with thoughtfully landscaped mature gardens and trees offer a space to unwind, breath and relax. Walking distance to downtown Oakville, Vibrant Kerr Village, Oakville GO, Forster and Westwood Park and playground with splashpad, Public and school bus routes.

Extras

No extras listed.

TypeDetached
StyleBungalow-Raised
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$7,088
Lot Size60 ft x 160 ft
mls© NumberW13151296
Listed ByRE/MAX ABOUTOWNE REALTY CORP.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$12,279
Property tax
$591
Heat allowance
$150
Housing costs
$13,020 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $479,800
25-yr amortization

Income needed

$401,000

gross annual household income

Payment at 4%
$10,095 / mo
Cash down
$479,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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