1527 Varelas Passage, Oakville

Price: $1,429,000

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13570228

Welcome to this stunning modern detached home featuring exceptional upgrades and thoughtful design throughout. Offering over 2,000 sq ft of living space, hardwood flooring throughout, creating a bright and elegant atmosphere. The open-concept main floor features a beautifully upgraded kitchen with quartz countertops, a large centre island, premium cabinetry, and modern finishes, perfect for both everyday living and entertaining. The spacious living area is complemented by a gas fireplace, while upgraded lighting, custom details, and quality finishes add a sophisticated touch throughout the home. Upstairs, generously sized bedrooms provide comfort and functionality, including a luxurious primary retreat with an ensuite featuring quartz countertops, a glass shower, and a freestanding soaker tub. The basement provides potential for additional living space ideal for a family room, home office, gym, or entertainment area. Located close to parks, schools, shopping, and major highways, this exceptional home offers the perfect combination of modern luxury, comfort, and convenience

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$1,429,000 - 1527 Varelas Passage, Oakville

Detached for Sale in Oakville

39 days on market

Neighbourhood: 1010 - JM Joshua Meadows

4Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W13570228
Property Type
Detached
Status
active
Days on Site
39
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Oakville
Lot Size
3,165 sqft
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Description

Welcome to this stunning modern detached home featuring exceptional upgrades and thoughtful design throughout. Offering over 2,000 sq ft of living space, hardwood flooring throughout, creating a bright and elegant atmosphere. The open-concept main floor features a beautifully upgraded kitchen with quartz countertops, a large centre island, premium cabinetry, and modern finishes, perfect for both everyday living and entertaining. The spacious living area is complemented by a gas fireplace, while upgraded lighting, custom details, and quality finishes add a sophisticated touch throughout the home. Upstairs, generously sized bedrooms provide comfort and functionality, including a luxurious primary retreat with an ensuite featuring quartz countertops, a glass shower, and a freestanding soaker tub. The basement provides potential for additional living space ideal for a family room, home office, gym, or entertainment area. Located close to parks, schools, shopping, and major highways, this exceptional home offers the perfect combination of modern luxury, comfort, and convenience

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,320.95/mo

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5-yr fixed avg.

Principal: $1,143,200Interest: $753,085
Mortgage Amount$1,143,200
Total Interest$753,085
Est. Property Tax$1,012/mo
Total Cost$1,896,285

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: 1010 - JM Joshua Meadows

Discover 1010 - JM Joshua Meadows

1010 - JM Joshua Meadows 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 1010 - JM Joshua Meadows

  • 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

1010 - JM Joshua Meadows 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

1527 Varelas Passage, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$1,012
Insurance (est.)-$298
Net Cash Flow+$1,990

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 $715/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.

Market Position

At 39 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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    1527 Varelas Passage, Oakville | $1,429,000 | Battaglia Team