2035 Pen Street, Oakville

Price: $1,389,900

3 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W13493610

Welcome to this spectacular, fully finished 5-level backsplit in the highly sought-after River Oaks community! Start your mornings on the inviting front porch-the perfect spot to sit, relax, and watch the neighbours go by. Nestled on a premium, irregular pie-shaped lot with a small double attached garage, this entertainer's paradise boasts an incredible backyard oasis complete with a 16 x 32 ft inground pool (new liner 2025, pump 2023), hot tub, a massive two-tier deck, a gazebo, and multiple sitting areas. Inside, enjoy extensive upgrades including smooth ceilings, pot lights, engineered hardwood, and an upgraded trim package. The main floor features a private home office, a cozy family room with a wood-burning fireplace, and a walk-out to the deck. The updated kitchen features granite counters and stainless steel appliances, including a gas stove. With a newly finished 5th level (perfect for a gym/rec room), a stunning new 4-piece bath (2025), a second rec room with an electric fireplace, and a renovated laundry/bath combo (2021), there is room for everyone. Mechanics are top-notch: Furnace/AC (2023). Walk to top-rated schools and parks!

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New Listing
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$1,389,900 - 2035 Pen Street, Oakville

Detached for Sale in Oakville

New — Listed 4 days ago

Neighbourhood: 1015 - RO River Oaks

3Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W13493610
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Oakville
Lot Size
7,815 sqft
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Description

Welcome to this spectacular, fully finished 5-level backsplit in the highly sought-after River Oaks community! Start your mornings on the inviting front porch-the perfect spot to sit, relax, and watch the neighbours go by. Nestled on a premium, irregular pie-shaped lot with a small double attached garage, this entertainer's paradise boasts an incredible backyard oasis complete with a 16 x 32 ft inground pool (new liner 2025, pump 2023), hot tub, a massive two-tier deck, a gazebo, and multiple sitting areas. Inside, enjoy extensive upgrades including smooth ceilings, pot lights, engineered hardwood, and an upgraded trim package. The main floor features a private home office, a cozy family room with a wood-burning fireplace, and a walk-out to the deck. The updated kitchen features granite counters and stainless steel appliances, including a gas stove. With a newly finished 5th level (perfect for a gym/rec room), a stunning new 4-piece bath (2025), a second rec room with an electric fireplace, and a renovated laundry/bath combo (2021), there is room for everyone. Mechanics are top-notch: Furnace/AC (2023). Walk to top-rated schools and parks!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,148.00/mo

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5-yr fixed avg.

Principal: $1,111,920Interest: $732,479
Mortgage Amount$1,111,920
Total Interest$732,479
Est. Property Tax$985/mo
Total Cost$1,844,399

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: 1015 - RO River Oaks

Discover 1015 - RO River Oaks

1015 - RO River Oaks 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 1015 - RO River Oaks

  • 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

1015 - RO River Oaks 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

2035 Pen Street, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$985
Insurance (est.)-$290
Net Cash Flow+$1,525

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 $927/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.

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.

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 1015 - RO River Oaks

I know 1015 - RO River Oaks 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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    2035 Pen Street, Oakville | $1,389,900 | Battaglia Team