$1,245,000 - 49 Rayne Avenue, Oakville
Detached for Sale in Oakville
124 days on market- MLS Number
- W12847220
- Property Type
- Detached
- Status
- active
- Days on Site
- 124
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- BAY STREET GROUP INC.
Nestled on a quiet, tree-lined street in one of Oakville's most established neighborhoods, this meticulously maintained 4-level sidesplit sits on a premium 60' x 125' mature lot. Whether you are looking to move in and enjoy, renovate further, or build your dream home on this generous, pool-sized private property, the options abound.The interior has been thoughtfully refreshed to offer a contemporary feel while maintaining its original charm. Key recent upgrades include:House Refresh (2023):Professionally painted throughout with updated dining room ceiling lighting and a modern aesthetic.Gourmet Kitchen: The heart of the home features a large island and new countertops (2023),complemented by a suite of brand-new stainless steel appliances: Brand New Friger (2026), Dishwasher (2024), Stove (2024), Washer(2024). Renovated Bathrooms: The upper-level main bath renovated in 2023, 2nd Bathroom with Shower renovated in February 2026, Newly Finished basement(2023). A large family room with a walkout to a concrete patio.Step outside to your private sanctuary:a large, fully fenced backyard with a spacious deck and concrete patio.Located within the prestigious White Oaks Secondary School (IB Program) boundaries and close to top-rated French Immersion schools and Sheridan College.Minutes to Oakville GO Station, QEW, and Hwy 403.Walk to Oakville Place Mall, local trails, and parks.Experience the perfect balance of suburban tranquility and urban connectivity. This versatile Rayne Avenue gem is ready for its next chapter!
Estimate your monthly payments for this property
Estimated Payment
$5,507.05/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.
49 Rayne Avenue, 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 $1132/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 124 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 $5,188 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.