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New3 hours ago

1531 Duncan Road

1011 - MO Morrison, Oakville

$1,849,000

Detached|Bungalow
2 | 2 | 5
About this home

Opportunity strikes in coveted South East Oakville! Spacious bungalow with 1659sqft above grade space, on an 11,700 sqft private & treed lot. Situated on a quiet street just west of Maplegrove. Perfect lot to build your dream home. Preliminary due diligence, zoning check & sketches completed by renowned local architect firm Gren Weis Design Studio. Zoning allows for a 4500sqft above grade home (including garage). Alternatively you can take advantage of the existing bungalow, and renovate to your taste! A little vision & investment can elevate this charming red brick home surrounded by mature gardens & towering trees. Larger than most bungalows from this era with spacious principal rooms. Living room boasts hardwood, California shutters & wood burning fireplace overlooking front yard. Bright family room with new broadloom, pot lighting and adjacent den space. Main floor also features kitchen, 4 pc bath, two existing bedrooms and an office that can be converted back to a third bedroom. Two additional bedrooms, rec room, full bath, laundry & potential for separate entrance give the basement great versatility. Inlaw suite potential. The backyard is like a secret garden, with beautiful trees & perennials. Short walking distances to highly rated & sought after primary schools (Maple Grove, St Vincent's) and high school (Oakville Trafalgar High School). With top private schools nearby as well. Quick access to nearby Lake Ontario, Downtown Oakville, local shopping (Maple Grove plaza), parks, GO train & QEW/403. South East Oakville continues to be one of the most desirable pockets in the GTA. Come make it your home. Do not walk lot without appointment.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$9,854
Lot Size120 ft x 89 ft
mls© NumberW13856868
Listed ByRoyal LePage Real Estate Services Ltd., Brokerage

Listing History

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  • 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%
$9,464
Property tax
$821
Heat allowance
$150
Housing costs
$10,435 / mo

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

Down payment20% · $369,800
25-yr amortization

Income needed

$321,000

gross annual household income

Payment at 4%
$7,781 / mo
Cash down
$369,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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