487 Wildwood Drive, Oakville

Price: $1,099,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13843958

Welcome to a truly special home in the heart of West Oakville. Cherished by the same owners for nearly 30 years, the existing one-and-a-half-storey residence provides nearly 1,500 sq. ft. above grade. The flexible layout features two upper-level bedrooms and a versatile den, a main-floor bedroom, two bathrooms and a finished basement with additional living space, laundry and ample storage.Set on a generous 45' x 135' lot in an established neighbourhood surrounded by impressive new construction, this property offers outstanding potential home builders to build, renovate, expand or create a custom-built home.Mature gardens, an exceptionally private backyard and a convenient U-shaped driveway add immediate enjoyment while plans are developed. The deep lot provides an inviting setting for outdoor entertaining and future possibilities.Ideally located near W.H. Morden Public School, Appleby College, parks, transit, major highways, Oakville Place and the shops and restaurants of Downtown Oakville. Whether renovating, rebuilding or adding to an investment portfolio, this property combines a desirable lot, premium location and significant long-term potential in one of Oakville's most established communities.

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active
New Listing

$1,099,000 - 487 Wildwood Drive, Oakville

Detached for Sale in Oakville

New — Listed 7 days ago

Neighbourhood: 1020 - WO West

3Beds
2Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
W13843958
Property Type
Detached
Status
active
Days on Site
7
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Oakville
Taxes (2026)
$4,893
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL EST
Description

Welcome to a truly special home in the heart of West Oakville. Cherished by the same owners for nearly 30 years, the existing one-and-a-half-storey residence provides nearly 1,500 sq. ft. above grade. The flexible layout features two upper-level bedrooms and a versatile den, a main-floor bedroom, two bathrooms and a finished basement with additional living space, laundry and ample storage.Set on a generous 45' x 135' lot in an established neighbourhood surrounded by impressive new construction, this property offers outstanding potential home builders to build, renovate, expand or create a custom-built home.Mature gardens, an exceptionally private backyard and a convenient U-shaped driveway add immediate enjoyment while plans are developed. The deep lot provides an inviting setting for outdoor entertaining and future possibilities.Ideally located near W.H. Morden Public School, Appleby College, parks, transit, major highways, Oakville Place and the shops and restaurants of Downtown Oakville. Whether renovating, rebuilding or adding to an investment portfolio, this property combines a desirable lot, premium location and significant long-term potential in one of Oakville's most established communities.

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Estimated Payment

$4,861.25/mo

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5%20%50%

5-yr fixed avg.

Principal: $879,200Interest: $579,174
Mortgage Amount$879,200
Total Interest$579,174
Est. Property Tax$778/mo
Total Cost$1,458,374

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

487 Wildwood Drive, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$778
Insurance (est.)-$229
Net Cash Flow+$1,793

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 $999/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.

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.

About 1020 - WO West

I know 1020 - WO West 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.

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    487 Wildwood Drive, Oakville | $1,099,000 | Battaglia Team