$2,695,000 - 161 Dornie Road, Oakville
Detached for Sale in Oakville
Neighbourhood: 1011 - MO Morrison
- MLS Number
- W13476318
- Property Type
- Detached
- Status
- active
- Days on Site
- 15
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Oakville
- Lot Size
- 15,048 sqft
- Listing Brokerage
- CENTURY 21 MILLER REAL ESTATE LTD.
Set on a magnificent estate-sized lot in coveted Morrison, this classic family residence presents a rare opportunity to enjoy one of Southeast Oakville's most established + sought-after neighbourhoods. Surrounded by towering mature trees + nestled within an enclave of distinguished custom homes, the setting is every bit as compelling as the property itself.Spanning an impressive 100 feet x 150 feet, the lot offers exceptional scale, privacy + long-term potential. Whether envisioning a custom dream home or seeking a property to enjoy while future plans take shape, the possibilities are compelling. The existing residence has been well maintained + offers comfortable family living with 4+1 bedrooms, 2.5 bathrooms, generous principal rooms + a functional floor plan designed for everyday life.Outdoors, a concrete pool anchors the backyard, creating a private retreat framed by mature landscaping and a lush canopy of trees. The expansive grounds provide ample space for recreation, entertaining + future enhancement.Positioned just moments from Lake Ontario, renowned Gairloch Gardens, waterfront trails, parks and some of Oakville's finest schools, this is a neighbourhood cherished for its sense of community, natural beauty and lasting appeal. Morrison is a neighbourhood where residents put down roots, grow, and stay for generations.A rare offering that combines an exceptional lot, a livable family home and the opportunity to create something truly extraordinary in one of Oakville's most prestigious communities.
Estimate your monthly payments for this property
Estimated Payment
$11,920.89/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.
161 Dornie 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 $898/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 15 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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 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.