1304 Devon Road, Oakville

Price: $2,580,000

6 bedrooms, 5 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: W13801496

Morrison, South East Oakville. A Colonial Revival home on a quiet, tree-lined stretch of Devon Road. The 75 x 150 ft south-facing lot holds a private, fenced pool garden: Lazy-L inground pool with integrated entry steps, slide and diving board, surrounded by hardscaped lounging areas, mature trees and a lush lawn. Oversized windows light a two-storey atrium, with an open gallery above linking the bedrooms; the dining room's wall of windows frames the pool. The updated kitchen has granite countertops and custom cabinetry, opening to a breakfast area with built-in shelving, a desk and sliding doors to a large deck; the adjoining family room has a gas fireplace and custom built-ins, with substantial millwork throughout the main level. Upstairs, three full bathrooms and a dedicated laundry room - rare for the area. The primary suite forms a private wing: an extra-large 18'2" x 16'8" bedroom, walk-in closet and a vaulted, skylit ensuite with dual vanities, freestanding tub and walk-in shower. The second bedroom has a brand-new private ensuite; the other two share a newly completed full bath. Three of the four bedrooms overlook the pool and gardens. A solid wood staircase leads to the finished lower level with separate entrance, new laminate floors, a recreation room with fireplace, two bright bedrooms with large windows and a full bath. The extra-deep built-in garage opens into the lower level, with a rear overhead door to the yard. Walk to top-rated schools; minutes to Downtown Oakville, the lake, Oakville GO and the QEW.

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active
New Listing

$2,580,000 - 1304 Devon Road, Oakville

Detached for Sale in Oakville

New — Listed 4 days ago

Neighbourhood: 1011 - MO Morrison

6Beds
5Baths
2,500 - 2,999Sq Ft
Detached

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Property Details
MLS Number
W13801496
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
6
Bathrooms
5
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Oakville
Listing Brokerage
RE/MAX ABOUTOWNE REALTY CORP.
Description

Morrison, South East Oakville. A Colonial Revival home on a quiet, tree-lined stretch of Devon Road. The 75 x 150 ft south-facing lot holds a private, fenced pool garden: Lazy-L inground pool with integrated entry steps, slide and diving board, surrounded by hardscaped lounging areas, mature trees and a lush lawn. Oversized windows light a two-storey atrium, with an open gallery above linking the bedrooms; the dining room's wall of windows frames the pool. The updated kitchen has granite countertops and custom cabinetry, opening to a breakfast area with built-in shelving, a desk and sliding doors to a large deck; the adjoining family room has a gas fireplace and custom built-ins, with substantial millwork throughout the main level. Upstairs, three full bathrooms and a dedicated laundry room - rare for the area. The primary suite forms a private wing: an extra-large 18'2" x 16'8" bedroom, walk-in closet and a vaulted, skylit ensuite with dual vanities, freestanding tub and walk-in shower. The second bedroom has a brand-new private ensuite; the other two share a newly completed full bath. Three of the four bedrooms overlook the pool and gardens. A solid wood staircase leads to the finished lower level with separate entrance, new laminate floors, a recreation room with fireplace, two bright bedrooms with large windows and a full bath. The extra-deep built-in garage opens into the lower level, with a rear overhead door to the yard. Walk to top-rated schools; minutes to Downtown Oakville, the lake, Oakville GO and the QEW.

Mortgage Calculator

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Estimated Payment

$11,412.21/mo

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5-yr fixed avg.

Principal: $2,064,000Interest: $1,359,663
Mortgage Amount$2,064,000
Total Interest$1,359,663
Est. Property Tax$1,828/mo
Total Cost$3,423,663

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: 1011 - MO Morrison

Discover 1011 - MO Morrison

1011 - MO Morrison 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 1011 - MO Morrison

  • 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

1011 - MO Morrison 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

1304 Devon Road, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,350/mo
Range: $3,698 - $5,003
Cap Rate (ROI)
0.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,350
Maintenance Fees-$0
Property Tax (est.)-$1,828
Insurance (est.)-$538
Net Cash Flow+$1,984

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 $1032/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Oakville's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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.

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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    1304 Devon Road, Oakville | $2,580,000 | Battaglia Team