173 Margaret Drive, Oakville

Price: $1,185,880

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: W13838686

Set on a quiet street in South Oakville, this solid brick freehold end-unit townhome is just a short walk from Kerr Village, the lake, and Downtown Oakville. Offering three bedrooms, two full bathrooms, and a powder room, the home combines a functional layout with an exceptional location close to everything the area has to offer. The main floor features a bright eat-in kitchen, a convenient powder room, California shutters throughout, and an open-concept living and dining area anchored by a natural gas fireplace. Walk out to the rear deck overlooking the private, landscaped backyard, providing a welcoming setting for outdoor dining, entertaining, and everyday relaxation. Upstairs, you will find three bedrooms and two full bathrooms, including a private ensuite in the primary bedroom. The partially finished full basement adds further flexibility with laundry, storage, and additional space for a recreation room, home office, gym, playroom, or future finished living area. An attached garage with inside entry provides parking for one vehicle, with an additional parking space in the private driveway. Located close to great schools, parks, trails, shopping, restaurants, public transit, and everyday amenities, the home also offers convenient access to Oakville GO, the QEW, and Highway 403. With freehold ownership, private outdoor space, a practical layout, and a sought-after South Oakville location, this home presents an excellent opportunity to enjoy the convenience and lifestyle of one of Oakville's most established communities.

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active

$1,185,880 - 173 Margaret Drive, Oakville

Townhouse for Sale in Oakville

Popular Listing

Neighbourhood: 1002 - CO Central

3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse

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Property Details
MLS Number
W13838686
Property Type
Townhouse
Status
active
Days on Site
8
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Oakville
Taxes (2026)
$4,200
Listing Brokerage
ROYAL LEPAGE STATE REALTY
Description

Set on a quiet street in South Oakville, this solid brick freehold end-unit townhome is just a short walk from Kerr Village, the lake, and Downtown Oakville. Offering three bedrooms, two full bathrooms, and a powder room, the home combines a functional layout with an exceptional location close to everything the area has to offer. The main floor features a bright eat-in kitchen, a convenient powder room, California shutters throughout, and an open-concept living and dining area anchored by a natural gas fireplace. Walk out to the rear deck overlooking the private, landscaped backyard, providing a welcoming setting for outdoor dining, entertaining, and everyday relaxation. Upstairs, you will find three bedrooms and two full bathrooms, including a private ensuite in the primary bedroom. The partially finished full basement adds further flexibility with laundry, storage, and additional space for a recreation room, home office, gym, playroom, or future finished living area. An attached garage with inside entry provides parking for one vehicle, with an additional parking space in the private driveway. Located close to great schools, parks, trails, shopping, restaurants, public transit, and everyday amenities, the home also offers convenient access to Oakville GO, the QEW, and Highway 403. With freehold ownership, private outdoor space, a practical layout, and a sought-after South Oakville location, this home presents an excellent opportunity to enjoy the convenience and lifestyle of one of Oakville's most established communities.

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Estimated Payment

$5,245.55/mo

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5-yr fixed avg.

Principal: $948,704Interest: $624,960
Mortgage Amount$948,704
Total Interest$624,960
Est. Property Tax$840/mo
Total Cost$1,573,664

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: 1002 - CO Central

Discover 1002 - CO Central

1002 - CO Central 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 1002 - CO Central

  • •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

1002 - CO Central 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

173 Margaret Drive, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$840
Insurance (est.)-$247
Net Cash Flow+$1,643

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 $791/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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Oakville have shown strong appreciation as families seek more space.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

About 1002 - CO Central

I know 1002 - CO Central well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    173 Margaret Drive, Oakville | $1,185,880 | Battaglia Team