2040 Markle Drive, Oakville

Price: $1,350,000

4 bedrooms, 3 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: W13627876

Set on a generous lot in one of Oakville's most established and family-friendly neighbourhoods, this residence presents a rare opportunity to create a truly exceptional custom home. Offering an impressive footprint and timeless curb appeal, this property is ideal for those with a vision for modern luxury and personalized design. The thoughtfully designed layout features four spacious bedrooms, expansive principal rooms, and an abundance of natural light throughout. Whether your style leans toward classic elegance or contemporary sophistication, the home's generous proportions provide the perfect foundation to reimagine every space to your own taste and lifestyle. The unfinished basement offers unlimited possibilities, allowing you to design additional living space tailored to your needs. Envision a state-of-the-art home theatre, fitness studio, wine cellar, recreation room, guest suite, or a combination of premium lifestyle amenities that elevate everyday living. Surrounded by mature trees and established homes, this property offers the opportunity to invest in a prestigious location where beautifully renovated and custom residences continue to enhance the neighbourhood's appeal. Enjoy the convenience of nearby top-rated schools, parks, scenic trails, shopping, restaurants, transit, and easy access to major commuter routes. Whether you're an end user seeking to create your forever home or an investor looking to unlock exceptional value, this is an extraordinary opportunity to transform a well-built residence into a showcase of timeless design and modern luxury. Bring your vision, craftsmanship, and creativity to realize the full potential of this remarkable property.

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active
New Listing
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$1,350,000 - 2040 Markle Drive, Oakville

Detached for Sale in Oakville

New — Listed 3 days ago

Neighbourhood: 1015 - RO River Oaks

4Beds
3Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
W13627876
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
4
Bathrooms
3
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Oakville
Listing Brokerage
COLDWELL BANKER THE REAL ESTATE CENTRE
Description

Set on a generous lot in one of Oakville's most established and family-friendly neighbourhoods, this residence presents a rare opportunity to create a truly exceptional custom home. Offering an impressive footprint and timeless curb appeal, this property is ideal for those with a vision for modern luxury and personalized design. The thoughtfully designed layout features four spacious bedrooms, expansive principal rooms, and an abundance of natural light throughout. Whether your style leans toward classic elegance or contemporary sophistication, the home's generous proportions provide the perfect foundation to reimagine every space to your own taste and lifestyle. The unfinished basement offers unlimited possibilities, allowing you to design additional living space tailored to your needs. Envision a state-of-the-art home theatre, fitness studio, wine cellar, recreation room, guest suite, or a combination of premium lifestyle amenities that elevate everyday living. Surrounded by mature trees and established homes, this property offers the opportunity to invest in a prestigious location where beautifully renovated and custom residences continue to enhance the neighbourhood's appeal. Enjoy the convenience of nearby top-rated schools, parks, scenic trails, shopping, restaurants, transit, and easy access to major commuter routes. Whether you're an end user seeking to create your forever home or an investor looking to unlock exceptional value, this is an extraordinary opportunity to transform a well-built residence into a showcase of timeless design and modern luxury. Bring your vision, craftsmanship, and creativity to realize the full potential of this remarkable property.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,971.51/mo

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5-yr fixed avg.

Principal: $1,080,000Interest: $711,452
Mortgage Amount$1,080,000
Total Interest$711,452
Est. Property Tax$956/mo
Total Cost$1,791,452

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

2040 Markle Drive, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$956
Insurance (est.)-$281
Net Cash Flow+$2,313

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 $540/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.

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.

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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    2040 Markle Drive, Oakville | $1,350,000 | Battaglia Team