$1,224,999 - 309 Queen Mary Drive, Oakville
Single Family Home for Sale in Oakville
- MLS Number
- W12745594
- Property Type
- Single Family Home
- Status
- active
- Days on Market
- 5
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 1,100 sqft
- City
- Oakville
Charming Bungalow on an oversized Lot in a Prime Central Location. Welcome to this solid, well maintained bungalow, proudly owned by the same owner for more than 60 years. This home features a bright living room, separate dinning room, and functional kitchen, a master bedroom accompanied with two additional bedrooms, offering a comfortable and practical main-floor layout. A full bathroom completes the main level. The partially finished basement expands the living space and includes a second kitchen, recreation room, dinning area, an additional bathroom, and a dedicated workshop area-ideal for hobbies, storage, or future customization. Set in a highly desirable location, this home is just a five minute walk to Kerr Street Village and approximately a 20 minute walk to the downtown core, providing easy access to shops, dinning, and local amenities. In original condition, this property presents an excellent opportunity for renovators, investors, or buyers looking to personalize a home with strong bones in an established neighbourhood.
Discover Oakville
Oakville 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 Oakville
- •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
Oakville 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.
309 Queen Mary Drive, 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 25+ years of GTA real estate experience
Fair Market Value
At $1114/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.
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.
Investment Perspective
Looking at this as an investment: Oakville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,104 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.