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New5 hours ago

506 Falgarwood Drive

1005 - FA Falgarwood, Oakville

$1,580,000

Detached|2-Storey
3 | 3 | 7
About this home

Rare 60 x 181 ft ravine lot in sought-after Falgarwood, offering approx. 3,384 total sq ft of living space, mature trees, creek-side forest views and a private resort-style backyard. Swim day or night in the 16 x 32 ft inground pool with lighting, ionizer/crystal filter equipment and heater, then entertain on the raised cedar deck, interlock patio and lounge areas surrounded by greenery. Bright open-concept 3+1 bedroom, 3 bath layout with 2 kitchens, impressive cathedral/flat ceilings, oversized/panoramic windows overlooking the pool and ravine, rich hickory hardwood, stained oak stairs with iron pickets, 200A service, Siemens panel, LED pot lights, custom doors/trim and motorized blinds on all windows. Chef-inspired main kitchen features KraftMaid maple cabinetry with soft-close drawers, Cambria quartz counters, large cherrywood island, wine rack, lazy Susan, porcelain flooring and stainless steel appliances including gas range. Main-floor family room walks out to the deck; spacious living/dining area offers cathedral ceiling and large windows. Upper primary retreat includes sitting area, walk-in closet, 5-pc ensuite with double sinks, soaker tub and ravine views, plus a loft office/library overlooking the entry. Finished walk-out lower level offers a second kitchen, bedroom, bath, rec/media area, storage/workshop and laundry. Minutes to downtown Oakville, Oakville Place, the lake, parks, trails, major routes and Iroquois Ridge HS area.

Extras

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Got questions?

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agent
Jonathan Lee
(647) 983-0770

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$10,654
Lot Size60.01 ft x 181 ft
mls© NumberW13725168
Listed ByEXPRESS REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,087
Property tax
$888
Heat allowance
$150
Housing costs
$9,125 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $316,000
25-yr amortization

Income needed

$281,000

gross annual household income

Payment at 4%
$6,649 / mo
Cash down
$316,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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