$1,489,000 - 3118 Victoria Street, Oakville
Detached for Sale in Oakville
158 days on market- MLS Number
- W12667952
- Property Type
- Detached
- Status
- active
- Days on Site
- 158
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- SUTTON GROUP QUANTUM REALTY INC.
Welcome to 3118 Victoria Street, a gorgeous, thoughtfully renovated home set on a premium 66-foot lot on a quiet, family-friendly street-just steps from the lake. Enjoy an unbeatable lifestyle with immediate access to scenic waterfront trails, Bronte Harbour, charming marinas, and Downtown Bronte's vibrant cafés and acclaimed restaurants, all within walking distance. The main floor showcases a bright, modern open-concept layout, perfect for everyday living and entertaining. The updated kitchen features a stylish centre island, ample cabinetry, and seamless flow into a spacious breakfast area and inviting living room anchored by a cozy gas fireplace-ideal for relaxed evenings or hosting guests. Upstairs, you'll find three generous bedrooms filled with natural light, complemented by a beautifully renovated main bathroom that blends contemporary finishes with timeless appeal. The lower level adds exceptional versatility, offering a large family room with above-grade windows, a second fireplace, a 3-piece bathroom, and a separate side entrance-perfect for extended family, guests, a home office, or future in-law potential. This is a rare opportunity to own a move-in-ready home in one of Oakville's most coveted waterfront communities-where lifestyle, location, and value come together seamlessly.
Estimate your monthly payments for this property
Estimated Payment
$6,586.35/mo
5-yr fixed avg.
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.
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.
3118 Victoria Street, 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 30+ years of GTA real estate experience
Fair Market Value
At $993/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 158 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.
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.
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 $6,204 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.