517 Pinegrove Road, Oakville

Price: $1,188,000

5 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13221180

A truly rare offering in one of Oakville's most sought-after neighbourhoods, this 3+2 bedroom, 2-bathroom, 1+2 kitchens (rare) bungalow is set on an exceptional pie-shaped lot - a highly rare find that presents outstanding potential for families, builders or investors. The main floor features a generous, light-filled living room anchored by a classic wood-burning fireplace, with large bedrooms and a functional layout throughout. Primary bedroom features a large walk in closet. For families, there is a walk-out basement with private separate entrance, 2 bedrooms, and full kitchen providing immediate rental income potential or an in-law suite. The massive tree-lined backyard is among the largest and most private available in this market, offering limitless possibilities for luxury outdoor living, future development, or both. An extended private driveway provides ample parking with a charming front yard. Perfectly positioned minutes from Appleby College, The Oakville waterfront, walking trails, shopping, QEW/401, and the GO Train corridor. A compelling combination of lot size, location, and income potential in one charming home!

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$1,188,000 - 517 Pinegrove Road, Oakville

Detached for Sale in Oakville

36 days on market

Neighbourhood: 1020 - WO West

5Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W13221180
Property Type
Detached
Status
active
Days on Site
36
Bedrooms
5
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Oakville
Listing Brokerage
QUEENSWAY REAL ESTATE BROKERAGE INC.
Description

A truly rare offering in one of Oakville's most sought-after neighbourhoods, this 3+2 bedroom, 2-bathroom, 1+2 kitchens (rare) bungalow is set on an exceptional pie-shaped lot - a highly rare find that presents outstanding potential for families, builders or investors. The main floor features a generous, light-filled living room anchored by a classic wood-burning fireplace, with large bedrooms and a functional layout throughout. Primary bedroom features a large walk in closet. For families, there is a walk-out basement with private separate entrance, 2 bedrooms, and full kitchen providing immediate rental income potential or an in-law suite. The massive tree-lined backyard is among the largest and most private available in this market, offering limitless possibilities for luxury outdoor living, future development, or both. An extended private driveway provides ample parking with a charming front yard. Perfectly positioned minutes from Appleby College, The Oakville waterfront, walking trails, shopping, QEW/401, and the GO Train corridor. A compelling combination of lot size, location, and income potential in one charming home!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,254.92/mo

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5%20%50%

5-yr fixed avg.

Principal: $950,400Interest: $626,077
Mortgage Amount$950,400
Total Interest$626,077
Est. Property Tax$842/mo
Total Cost$1,576,477

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

517 Pinegrove Road, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$842
Insurance (est.)-$248
Net Cash Flow+$2,510

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 $1080/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.

Market Position

At 36 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Excellent Flexibility

With 5 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.

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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    517 Pinegrove Road, Oakville | $1,188,000 | Battaglia Team