1242 Richards Crescent, Oakville

Price: $1,288,888

4 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13739466

Charming & Well Maintained Side-Split Detached House In The Centre of Oakville! Quiet Street W/ Very Light Traffic. Well Maintained Spacious 3 Bdrm Home W/ Living Room On Main Floor W/Access To The Professionally Finished Back Yard W/ Interlocking Pavement. Gleaming Hrdwd Flrs Throught On The Upper Levels. Gorgeous Open Concept Kitchen, Boasting A Functional L-Shaped Island W/Brkfst Bar, & Newer Stainless Steel Appliances. Spacious Family & Dining Rooms Overlooking Huge Front Yard Through Super Large Window. One Bedroom In Raised Basement With 3 Pc Bathroom For More Convenience To Both Owner & Guest. Professionally Finished Charming Epoxy Coating Garage Floor. No Sidewalk For Added Privacy. Owned Tankless Hot Water Tank & Reverse Osmosis Water Filtration System. Fabulous Location On Quiet Street In Lovely College Park Neighbourhood. Minutes To Parks & Trails, Top Ranking Schools, Sheridan College, Glen Abbey Golf Course, Community Centre, Oakville Place, Oakville City Hall & Many More!

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active

$1,288,888 - 1242 Richards Crescent, Oakville

Detached for Sale in Oakville

34 days on market

Neighbourhood: 1003 - CP College Park

4Beds
3Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
W13739466
Property Type
Detached
Status
active
Days on Site
34
Bedrooms
4
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Oakville
Taxes (2026)
$5,659
Listing Brokerage
CENTURY 21 MYPRO REALTY
Description

Charming & Well Maintained Side-Split Detached House In The Centre of Oakville! Quiet Street W/ Very Light Traffic. Well Maintained Spacious 3 Bdrm Home W/ Living Room On Main Floor W/Access To The Professionally Finished Back Yard W/ Interlocking Pavement. Gleaming Hrdwd Flrs Throught On The Upper Levels. Gorgeous Open Concept Kitchen, Boasting A Functional L-Shaped Island W/Brkfst Bar, & Newer Stainless Steel Appliances. Spacious Family & Dining Rooms Overlooking Huge Front Yard Through Super Large Window. One Bedroom In Raised Basement With 3 Pc Bathroom For More Convenience To Both Owner & Guest. Professionally Finished Charming Epoxy Coating Garage Floor. No Sidewalk For Added Privacy. Owned Tankless Hot Water Tank & Reverse Osmosis Water Filtration System. Fabulous Location On Quiet Street In Lovely College Park Neighbourhood. Minutes To Parks & Trails, Top Ranking Schools, Sheridan College, Glen Abbey Golf Course, Community Centre, Oakville Place, Oakville City Hall & Many More!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,701.18/mo

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5-yr fixed avg.

Principal: $1,031,110Interest: $679,245
Mortgage Amount$1,031,110
Total Interest$679,245
Est. Property Tax$913/mo
Total Cost$1,710,355

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

1242 Richards Crescent, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$913
Insurance (est.)-$269
Net Cash Flow+$2,018

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

Premium Pricing

At $1172/sqft, this property is priced above the Oakville average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 34 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.

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 3 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.

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.

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    1242 Richards Crescent, Oakville | $1,288,888 | Battaglia Team