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1011 - MO Morrison, Oakville
$2,450,000
Nestled in Oakville's Morrison pocket, 1318 Ario road is a testament to organic and environmentally responsible design. Surrounded by mature trees and greenery, this home offers a true family living opportunity within an impressive architecturally re-imagined space. The highly efficient envelope features double pane energy star windows, 50-year fibre cement siding, high efficiency mechanicals, and a real wood burning fireplace to warm your body and heart. Family gatherings are made easy in this home, with a brand-new kitchen overlooking the open-to-above great room, featuring exposed structural beams and columns made with 100% recycled wood. A shaded fire pit and a large pesticide free "working garden" create a unique indoor-outdoor environment. Thoughtfully designed with two bedrooms and a full bath on the main floor, this home is equipped for multi-generational living. The upper floor features 3 generous sized bedrooms, a private recessed balcony, and sun-drenched hobby area perfect for painting, reading or exercise. The lower level offers a "hangout" area, ideal for a teenager retreat, a brand-new comfortable laundry room and a full bath. Storage in this home has not been overlooked, featuring a 12'x15' storage room and a large single car garage with ample space for additional belongings. Walking distance to Oakville's top schools, this is a special opportunity to own a home that was built with a purpose. All permits for renovations and additions have been fully closed. A truly turn-key opportunity awaits.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $11,419 |
| Lot Size | 62 ft x 122 ft |
| mls© Number | W13799014 |
| Listed By | Sotheby's International Realty Canada, Brokerage |
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%
- $12,540
- Property tax
- $952
- Heat allowance
- $150
- Housing costs
- $13,642 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$420,000
gross annual household income
- Payment at 4%
- $10,310 / mo
- Cash down
- $490,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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