$2,240,000 - 316 River Side Drive, Oakville
Detached for Sale in Oakville
Popular ListingNeighbourhood: 1002 - CO Central
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- MLS Number
- W13834208
- Property Type
- Detached
- Status
- active
- Days on Site
- 9
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Oakville
- Taxes (2026)
- $7,088
- Listing Brokerage
- RE/MAX ABOUTOWNE REALTY CORP.
Welcome to this bright and beautifully maintained raised bungalow, offering over 2,600 sq. ft. of finished living space and a spectacular backyard oasis, ideally situated in the highly sought-after West River neighbourhood. The sun-filled eat-in kitchen is a true highlight, surrounded by wraparound windows overlooking the private backyard and featuring an extended quartz peninsula, generous pantry space, gas stove, reverse osmosis water system, and patio doors leading directly to the outdoor entertaining areas. The inviting living and dining rooms feature built-in bookcases and offer an ideal setting for entertaining family and friends. The main level also includes a spacious primary bedroom, two additional well-sized bedrooms-one currently used as a home office-and a 4-piece bathroom. The finished lower level provides exceptional additional living space with a cozy den featuring a gas fireplace, a large sun-filled bedroom, 3-piece bathroom, spacious recreation room currently used as an office, and a functional laundry room with ample cabinetry and counter space. Step outside and discover your own private backyard retreat, complete with multiple decks and patios, a gazebo, raised reading nook, storage shed, beautifully landscaped mature gardens and trees, and an impressive inground pool with spillover hot tub. Whether entertaining guests, enjoying summer days by the pool, or simply relaxing in the peaceful surroundings, this backyard offers something for everyone. Ideally located within walking distance of downtown Oakville, vibrant Kerr Village, Oakville GO Station, Westwood Park and Forster Park with its playground and splash pad, as well as public transit and school bus routes. A wonderful opportunity to enjoy comfortable family living, exceptional outdoor space, and a convenient Oakville location.
Estimate your monthly payments for this property
Estimated Payment
$9,908.28/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 1002 - CO Central
1002 - CO Central 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 1002 - CO Central
- •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
1002 - CO Central 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.
316 River Side 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 30+ years of GTA real estate experience
Premium Pricing
At $1493/sqft, this property is priced above the Oakville average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
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.
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 1002 - CO Central
I know 1002 - CO Central 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.
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 $9,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.