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1002 - CO Central, Oakville
$1,199,000
Rare find unique oversized lot (64.17 ft x 155.67 ft) one-of-a-kind opportunity in an established neighbourhood in central Oakville, Kerr Village. Excellent potential to invest and build a personalized custom home on this exceptional lot or use the opportunity of the potential to severe it into two lots (each 32x155 ft) and build each house at least 3500-4000 sqf. Desirable areas-steps to Kerr Village, Downtown Oakville, and the lake, all within a 10-minute walk. Live in and enjoy the newly renovated gourmet kitchen. The main floor offers a practical layout with a bright living room, dining room, and three bedrooms. A separate side entrance leads to the basement, which is partially finished and includes a recreation room, second bathroom, laundry area, and workshop space. A beautifully landscaped yard provides a private outdoor retreat designed for everyday enjoyment. Curated plantings and a well-maintained lawn create a serene backdrop for morning coffee, weekend gatherings, or quiet evenings outdoors. Defined areas for relaxation, play, and entertaining make the space both functional and inviting-perfect for buyers seeking turnkey outdoor living. Highly desirable location close to Oakwood Public School, École Sainte-Marie Catholic Elementary School, W.H. Morden Public School, MacLachlan College, New Central Public School, Gary Allan High School, and nearby daycare options-offering convenience and lifestyle in the heart of downtown Oakville.
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Listing History
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,137
- Property tax
- $488
- Heat allowance
- $150
- Housing costs
- $6,775 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$208,000
gross annual household income
- Payment at 4%
- $5,046 / mo
- Cash down
- $239,800
Assumes no other monthly debts · 25-yr amortization
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