$4,498,000 - 584 Fourth Line, Oakville
New Construction for Sale in Oakville
46 days on marketNeighbourhood: 1020 - WO West
- MLS Number
- W13162726
- Property Type
- New Construction
- Status
- active
- Days on Site
- 46
- Bedrooms
- 6
- Bathrooms
- 7
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- SAM MCDADI REAL ESTATE INC.
Set on a deep pool-sized lot in prestigious South Oakville, this custom-built estate offers over 8,500 SF of meticulously finished living space. A dramatic slab feature wall & oversized entry door make a striking first impression, introducing soaring ceilings, wide-plank oak flooring, architectural detailing & expansive windows that seamlessly connect indoor & outdoor living. The designer kitchen is a chef's dream, featuring state-of-the-art B/I appliances, an oversized island, quartz & natural wood surfaces, custom cabinetry, a full prep pantry, dedicated servery, & accordion windows that open directly to the backyard for effortless entertaining. Sun-filled principal rooms flow into a stunning family room anchored by a statement fireplace wall & a W/O to a covered rear portico, which includes its own fireplace, lounge, & dining areas overlooking the pool-ready backyard. A spectacular 22-ft office/library creates the ideal work-from-home setting. Upstairs, the luxurious primary retreat offers a fireplace, custom walk-in closet & spa-inspired ensuite w/ heated floors & a freestanding tub. Generous secondary bedrooms feature ensuite/semi-ensuite access, while the third-floor loft serves as a versatile guest retreat, executive lounge, studio, or additional bedroom w/ a wet bar, W/I closet & private ensuite. Recently completed, the lower level delivers a true lifestyle experience w/ multiple entertainment lounges, a designer wet bar/kitchenette w/ W/O access, a theatre/games room, sauna, wine cellar, guest suite, heated floors throughout & a spa-inspired bath w/ a double rainfall shower. Modern luxury meets everyday comfort w/ a newly installed elevator services all levels, multiple fireplaces, B/I speakers, smart home systems, EV charging rough-in, pet washing station, landscaped grounds & walkouts to multiple private decks. Ideally located near top-rated schools, boutique shopping, private clubs, Lake Ontario, Bronte Harbour & convenient access to the QEW & Hwy 403.
Estimate your monthly payments for this property
Estimated Payment
$19,896.17/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 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
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.
584 Fourth Line, 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 $900/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 46 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.
Larger Home Realities
At 5,000 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 7 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.
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.