$1,699,999 - 1228 Elgin Crescent, Oakville
Detached for Sale in Oakville
Neighbourhood: 1005 - FA Falgarwood
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- MLS Number
- W13799938
- Property Type
- Detached
- Status
- active
- Days on Site
- 20
- Bedrooms
- 6
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Oakville
- Taxes (2026)
- $7,029
- Listing Brokerage
- RE/MAX METROPOLIS REALTY
Welcome to this beautifully renovated Ranch Style Bungalow nestled in one of Oakville's most prestigious and sought-after neighbourhoods. Situated on an impressive 72 x 125 ft ravine lot in Falgarwood, this elegant home offers timeless charm, spacious living, and the ease of main floor living just minutes from the lake, top-rated schools, parks, and amenities. As you step through the front door, you're welcomed into a bright and inviting layout thoughtfully designed for both everyday comfort and entertaining. The formal living room is filled with natural light and equipped with a cozy wood-burning fireplace that doesn't just warm the room but sets the tone. The combined family and dining room is the true showstopper, the kind of room that makes you want to stay awhile. Featuring an expansive wall-to-wall window anchors the home, filling the space with natural light while framing the picturesque backyard oasis and ravine. The stunning kitchen boasts a large 9 ft center island with elegant quartz countertop and a built-in gas range with a ceiling mount range hood. The two-toned quartz countertop look takes this kitchen to another level with extended cabinets for plenty of storage and high-end built-in appliances. The three generously sized bedrooms and fully remodelled bathroom, each showcasing meticulous attention to detail. The finished basement offers a versatile separate living space, ideal for extended family or guests, complete with its own living room and 3 bedrooms. Step outside into your private backyard oasis, where the oversized ravine lot offers endless opportunities for entertaining, gardening, or future customization. Surrounded by mature trees and greenery, this property offers exceptional privacy along with ample parking and an attached garage. A rare opportunity to own a beautifully renovated Bungalow in one of Oakville's most established communities.
Estimate your monthly payments for this property
Estimated Payment
$7,519.67/mo
5-yr fixed avg.
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.
Discover 1005 - FA Falgarwood
1005 - FA Falgarwood 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 1005 - FA Falgarwood
- •Convenient location in Oakville
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
1005 - FA Falgarwood 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.
1228 Elgin Crescent, Oakville
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1133/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 20 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.
Excellent Flexibility
With 6 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.
Oakville Premium
Oakville commands premium prices for good reasons: top-rated schools, waterfront access, charming downtown, and affluent community. Homes here hold value exceptionally well during market corrections. The trade-off is higher property taxes and home prices. If schools and lifestyle are priorities, Oakville delivers.
About 1005 - FA Falgarwood
I know 1005 - FA Falgarwood well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.