$2,450,000 - 1318 Ario Road, Oakville
Detached for Sale in Oakville
Neighbourhood: 1011 - MO Morrison
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- MLS Number
- W13799014
- Property Type
- Detached
- Status
- active
- Days on Site
- 20
- Bedrooms
- 6
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Oakville
- Lot Size
- 7,524 sqft
- Taxes (2025)
- $11,419
- Listing Brokerage
- Sotheby's International Realty Canada, Brokerage
Nestled in Oakville's Morrison pocket, 1318 Ario road is a testament to organic and environmentally responsible design. Surrounded by mature trees and greenery, this home offers a true family living opportunity within an impressive architecturally re-imagined space. The highly efficient envelope features double pane energy star windows, 50-year fibre cement siding, high efficiency mechanicals, and a real wood burning fireplace to warm your body and heart. Family gatherings are made easy in this home, with a brand-new kitchen overlooking the open-to-above great room, featuring exposed structural beams and columns made with 100% recycled wood. A shaded fire pit and a large pesticide free "working garden" create a unique indoor-outdoor environment. Thoughtfully designed with two bedrooms and a full bath on the main floor, this home is equipped for multi-generational living. The upper floor features 3 generous sized bedrooms, a private recessed balcony, and sun-drenched hobby area perfect for painting, reading or exercise. The lower level offers a "hangout" area, ideal for a teenager retreat, a brand-new comfortable laundry room and a full bath. Storage in this home has not been overlooked, featuring a 12'x15' storage room and a large single car garage with ample space for additional belongings. Walking distance to Oakville's top schools, this is a special opportunity to own a home that was built with a purpose. All permits for renovations and additions have been fully closed. A truly turn-key opportunity awaits.
Estimate your monthly payments for this property
Estimated Payment
$10,837.18/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 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
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.
1318 Ario Road, 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 $980/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.
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.