$1,599,900 - 505 Ravineview Way, Oakville
Detached for Sale in Oakville
New — Listed 7 days agoNeighbourhood: 1018 - WC Wedgewood Creek
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- MLS Number
- W14034780
- Property Type
- Detached
- Status
- active
- Days on Site
- 7
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Oakville
- Taxes (2026)
- $8,884
- Listing Brokerage
- IQI GLOBAL REAL ESTATE
Ideally located in sought-after Joshua Creek, within walking distance of Iroquois Ridge High School, this extensively renovated executive home offers approximately 4,400 sq. ft. of finished living space and a rare 5+1-bedroom layout, including five bedrooms and three full bathrooms on the upper level.Designed for modern family living, the second floor features five spacious bedrooms and convenient laundry. The primary retreat boasts two custom-fitted closets and a luxurious 5-piece ensuite with marble tile, soapstone counters, an oversized glass shower and freestanding tub.The bright main floor features 9-ft ceilings, wide-plank hardwood flooring, dimmable pot lights and a separate home office. The open-concept living, dining and kitchen areas offer an ideal balance of everyday comfort and entertaining.The fully renovated gourmet kitchen showcases a 9-ft island, quartz countertops and backsplash, ceiling-height two-tone custom cabinetry, a Wolf gas range, Liebherr refrigerator and integrated Miele dishwasher.The professionally finished lower level adds a spacious recreation and media area, electric fireplace, wet bar with quartz counter and beverage fridge, fitness area, full bathroom and an additional bedroom-ideal for guests or extended family.Notable upgrades include a contemporary staircase with steel pickets, glass front entry door, stone-finished front porch, custom storage, owned tankless water heater and Tesla Level 2 EV charger. The attached double garage and private driveway accommodate up to six vehicles.Enjoy a fully fenced, landscaped backyard with mature trees, fruit trees and a stone patio, perfect for outdoor dining and relaxation.Close to top-rated schools, parks, trails, shopping, dining and recreational facilities, with convenient access to major highways, GO Transit and Oakville Trafalgar Memorial Hospital. A move-in-ready Joshua Creek home combining a prime school location, exceptional five-bedroom upper level and versatile living space.
Estimate your monthly payments for this property
Estimated Payment
$7,076.90/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 1018 - WC Wedgewood Creek
1018 - WC Wedgewood Creek 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 1018 - WC Wedgewood Creek
- •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
1018 - WC Wedgewood Creek 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.
505 Ravineview Way, 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
Competitive Pricing
At $533/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Oakville.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.