1130 Truman Avenue, Oakville

Price: $1,875,000

4 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: W13675778

Exceptional opportunity to complete and customize a substantial detached residence in Oakville. Spacious home with generous principal rooms and significant potential for an end-user, renovator or investor. Portions of the dwelling remain incomplete. An existing building permit remains open; final inspections were not completed and occupancy approval was not granted. The requirements to obtain occupancy approval and/or close the permit have not been finally determined. Buyer/Buyer Agent to conduct independent due diligence regarding the property, permit, inspections, occupancy requirements, condition and completion. Property isbeing sold in its present condition on an "as-is, where-is" basis.

1130 Truman Avenue - Detached photo 1 of 4 in Oakville, Ontario
1130 Truman Avenue - Detached photo 2 of 4 in Oakville, Ontario
1130 Truman Avenue - Detached photo 3 of 4 in Oakville, Ontario
1130 Truman Avenue - Detached photo 4 of 4 in Oakville, Ontario
active
1/4

$1,875,000 - 1130 Truman Avenue, Oakville

Detached for Sale in Oakville

54 days on market

Neighbourhood: 1003 - CP College Park

4Beds
4Baths
3,000 - 3,499Sq Ft
Detached

Want to see this home in person?

Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
W13675778
Property Type
Detached
Status
active
Days on Site
54
Bedrooms
4
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Oakville
Taxes (2026)
$13,026
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Description

Exceptional opportunity to complete and customize a substantial detached residence in Oakville. Spacious home with generous principal rooms and significant potential for an end-user, renovator or investor. Portions of the dwelling remain incomplete. An existing building permit remains open; final inspections were not completed and occupancy approval was not granted. The requirements to obtain occupancy approval and/or close the permit have not been finally determined. Buyer/Buyer Agent to conduct independent due diligence regarding the property, permit, inspections, occupancy requirements, condition and completion. Property isbeing sold in its present condition on an "as-is, where-is" basis.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,293.76/mo

$
$
5%20%50%

5-yr fixed avg.

Principal: $1,500,000Interest: $988,127
Mortgage Amount$1,500,000
Total Interest$988,127
Est. Property Tax$1,328/mo
Total Cost$2,488,127

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.

Ready to get pre-approved?

Know your exact budget before you start house hunting.

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

1130 Truman Avenue, Oakville

Open in Google Maps

Use the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.

Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$0
Property Tax (est.)-$1,328
Insurance (est.)-$391
Net Cash Flow+$2,081

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

Competitive Pricing

At $625/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 54 days on site, this property has exceeded the typical selling timeline for Oakville. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 3,000 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Oakville. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 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.

Similar Properties Nearby

Active listings in Oakville with similar features

Search
Log in
    1130 Truman Avenue, Oakville | $1,875,000 | Battaglia Team