253 Hanover Street, Oakville

Price: $2,499,000

3 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: Townhouse

MLS#: W13533988

Tucked Away And Park Facing - In One Of West Oakville's Most Coveted Enclaves, This Exceptional Executive Townhome Redefines Turnkey Luxury. Perfectly Positioned Between The Charm Of Downtown Oakville And The Tranquility Of The Lake, Every Amenity Is Just Moments Away-From Waterfront Trails To Boutique Shopping, Fine Dining, And Some Of The Region's Most Sought-After Schools Including Appleby College.Thoughtfully Reimagined With An Eye For Timeless Design, Every Space Reflects A Commitment To Quality, Comfort, And Effortless Living. Sunlight Fills The Beautifully Proportioned Interiors, Where Rich Architectural Details, Designer Finishes, And Warm Natural Materials Create An Atmosphere That Is Both Sophisticated And Inviting. Whether Hosting Family Gatherings Or Enjoying A Quiet Evening By The Fireplace, The Home Flows Beautifully From One Space To The Next.At Its Heart, The Stunning Gourmet Kitchen Was Designed For Connection-Where Conversations Gather Around The Oversized Island, Meals Are Prepared With World-Class Appliances, And Everyday Living Feels Effortlessly Elegant. An Elevator Servicing Every Level Adds Convenience Without Compromising Style, While The Upper Level Offers A Serene Primary Retreat And Beautifully Appointed Guest Accommodations That Feel More Like A Luxury Hotel Than A Townhome.The Crowning Jewel Is The Spectacular Rooftop Terrace-A Private Outdoor Sanctuary Surrounded By Mature Landscaping, Offering The Perfect Setting For Morning Coffee, Sunset Cocktails, Or Summer Evenings Under The Stars.Meticulously Maintained And Extensively Upgraded, This Is More Than A Home-It's A Lifestyle Defined By Refined Craftsmanship, Thoughtful Design, And The Ease Of Low-Maintenance Luxury Living In One Of Oakville's Most Prestigious Neighbourhoods.

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$2,499,000 - 253 Hanover Street, Oakville

Townhouse for Sale in Oakville

47 days on market

Neighbourhood: 1020 - WO West

3Beds
5Baths
3,000 - 3,499Sq Ft
Townhouse
Property Details
MLS Number
W13533988
Property Type
Townhouse
Status
active
Days on Site
47
Bedrooms
3
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Oakville
Listing Brokerage
RE/MAX Aboutowne Realty Corp., Brokerage
Description

Tucked Away And Park Facing - In One Of West Oakville's Most Coveted Enclaves, This Exceptional Executive Townhome Redefines Turnkey Luxury. Perfectly Positioned Between The Charm Of Downtown Oakville And The Tranquility Of The Lake, Every Amenity Is Just Moments Away-From Waterfront Trails To Boutique Shopping, Fine Dining, And Some Of The Region's Most Sought-After Schools Including Appleby College.Thoughtfully Reimagined With An Eye For Timeless Design, Every Space Reflects A Commitment To Quality, Comfort, And Effortless Living. Sunlight Fills The Beautifully Proportioned Interiors, Where Rich Architectural Details, Designer Finishes, And Warm Natural Materials Create An Atmosphere That Is Both Sophisticated And Inviting. Whether Hosting Family Gatherings Or Enjoying A Quiet Evening By The Fireplace, The Home Flows Beautifully From One Space To The Next.At Its Heart, The Stunning Gourmet Kitchen Was Designed For Connection-Where Conversations Gather Around The Oversized Island, Meals Are Prepared With World-Class Appliances, And Everyday Living Feels Effortlessly Elegant. An Elevator Servicing Every Level Adds Convenience Without Compromising Style, While The Upper Level Offers A Serene Primary Retreat And Beautifully Appointed Guest Accommodations That Feel More Like A Luxury Hotel Than A Townhome.The Crowning Jewel Is The Spectacular Rooftop Terrace-A Private Outdoor Sanctuary Surrounded By Mature Landscaping, Offering The Perfect Setting For Morning Coffee, Sunset Cocktails, Or Summer Evenings Under The Stars.Meticulously Maintained And Extensively Upgraded, This Is More Than A Home-It's A Lifestyle Defined By Refined Craftsmanship, Thoughtful Design, And The Ease Of Low-Maintenance Luxury Living In One Of Oakville's Most Prestigious Neighbourhoods.

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Estimated Payment

$11,053.92/mo

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5-yr fixed avg.

Principal: $1,999,200Interest: $1,316,976
Mortgage Amount$1,999,200
Total Interest$1,316,976
Est. Property Tax$1,770/mo
Total Cost$3,316,176

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: 1020 - WO West

Discover 1020 - WO West

1020 - WO West 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 1020 - WO West

  • 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

1020 - WO West 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

253 Hanover Street, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,630/mo
Range: $3,086 - $4,175
Cap Rate (ROI)
0.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,630
Maintenance Fees-$0
Property Tax (est.)-$1,770
Insurance (est.)-$521
Net Cash Flow+$1,339

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 $833/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.

Negotiation Opportunity

At 47 days on site, this property has exceeded the typical selling timeline for Oakville. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

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.

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 5 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.

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    253 Hanover Street, Oakville | $2,499,000 | Battaglia Team