1035 Truman Avenue, Oakville

Price: $2,999,000

5 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W13467376

Inspired by the elegance of a French Chateau, this custom-built estate offers over 6,300 square feet of impeccably finished living space on a spectacular, private lot. A rare find in one of the area's most sought-after neighborhoods, this home perfectly balances timeless grace with modern luxury.The experience begins at the grand entry, featuring a Juliet balcony, intricate marble inlays, and bespoke millwork. The chef's kitchen is a culinary dream, anchored by a quartz island and outfitted with professional-grade appliances, including a Wolf gas range, Sub-Zero refrigeration, and a built-in Miele coffee station. With soaring 10' to 20' ceilings, wide-plank hand-scraped maple hardwoods, and a resort-style outdoor kitchen-complete with a pizza oven and beer taps-this home is designed for the ultimate entertainer.

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$2,999,000 - 1035 Truman Avenue, Oakville

Detached for Sale in Oakville

Neighbourhood: 1003 - CP College Park

5Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
W13467376
Property Type
Detached
Status
active
Days on Site
15
Bedrooms
5
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Oakville
Listing Brokerage
Sotheby's International Realty Canada, Brokerage
Description

Inspired by the elegance of a French Chateau, this custom-built estate offers over 6,300 square feet of impeccably finished living space on a spectacular, private lot. A rare find in one of the area's most sought-after neighborhoods, this home perfectly balances timeless grace with modern luxury.The experience begins at the grand entry, featuring a Juliet balcony, intricate marble inlays, and bespoke millwork. The chef's kitchen is a culinary dream, anchored by a quartz island and outfitted with professional-grade appliances, including a Wolf gas range, Sub-Zero refrigeration, and a built-in Miele coffee station. With soaring 10' to 20' ceilings, wide-plank hand-scraped maple hardwoods, and a resort-style outdoor kitchen-complete with a pizza oven and beer taps-this home is designed for the ultimate entertainer.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$13,265.59/mo

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5%20%50%

5-yr fixed avg.

Principal: $2,399,200Interest: $1,580,477
Mortgage Amount$2,399,200
Total Interest$1,580,477
Est. Property Tax$2,124/mo
Total Cost$3,979,677

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: 1003 - CP College Park

Discover 1003 - CP College Park

1003 - CP College Park is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in 1003 - CP College Park

  • Convenient location in Oakville
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Oakville Trafalgar High SchoolPublic High School
Iroquois Ridge High SchoolPublic High School
Holy Trinity Catholic Secondary SchoolCatholic High School
Abbey Park High SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

1003 - CP College Park offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1035 Truman Avenue, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
0.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$2,124
Insurance (est.)-$625
Net Cash Flow+$1,701

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $857/sqft, this property is priced in line with current Oakville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 15 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Oakville are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Oakville.

Bathroom Count Matters

With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    1035 Truman Avenue, Oakville | $2,999,000 | Battaglia Team