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New2 hours ago

240 Poplar Drive

1011 - MO Morrison, Oakville

$5,845,000

Detached|2-Storey
4 | 6 | 13
About this home

Space, privacy and an exceptional Southeast Oakville location. Set on a generous 130 x 130 ft lot surrounded by mature trees, 240 Poplar Drive offers an inviting setting for family life and entertaining, within walking distance of downtown Oakville, the lake, parks, restaurants and boutiques.The backyard features an inground saltwater pool and room to relax, gather and enjoy the outdoors. Inside, the fully finished lower level provides versatile space for recreation, fitness, hobbies and guests.Located in the established Morrison neighbourhood, close to sought-after schools, this property offers the space of a substantial lot with the convenience of Oakville's shops, dining and waterfront nearby. A home to enjoy through every season, with room for family and friends.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age16-30
Size3500-5000 sq. ft.
Property Tax$30,338
Lot Size130 ft x 130 ft
mls© NumberW14104434
Listed ByFOREST HILL REAL ESTATE INC.

Listing History

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

Schools

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What the bank counts

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

Mortgage, tested at 6%
$29,917
Property tax
$2,528
Heat allowance
$150
Housing costs
$32,596 / mo

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

Down payment20% · $1,169,000
25-yr amortization

Income needed

$1,003,000

gross annual household income

Payment at 4%
$24,597 / mo
Cash down
$1,169,000

Assumes no other monthly debts · 25-yr amortization

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Investment Analysis

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