Renovated Bungalow on 0.64 Acres Near Lake Ontario in Oakville

Property details for 7 Colonial Crescent, Oakville

Type: Residential
Style: Bungalow
Bedrooms: 4
Bathrooms: 3
Living Area: 4,260 square feet
Stories: 1.5
Basement: Finished, Full
Parking: Attached Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Stucco
Ownership: Freehold
Annual Taxes: $22,610

This is a 4,260 sq ft bungalow with a 1.5-story layout, built in 1953 and redesigned in 2001. It has 4 beds and 3 baths, including a primary bedroom with a 5-piece ensuite on the main level. Photos show stucco exterior, hardwood floors, and a kitchen with stainless appliances and a large island. There's a sunroom off the kitchen, and the family room measures 18'8" x 20'2". Upstairs, three bedrooms include one at 18'11" x 16'4". The basement has a 39'10" x 14'4" rec room, a sauna, and a workshop. Four fireplaces and central air throughout. The lot is 0.64 acres with a 145-foot frontage, and it has a large deck, stone patio, and mature trees. Parking for 14 cars includes a 2-car garage. Located in Southeast Oakville, it's 1.3 km from St Mildred's-Lightbourn School and 1.4 km from Oakville Trafalgar High School. Close to the lake and Gairloch Gardens. Priced at $6,488,000, with annual taxes of $22,610.18.

About 7 Colonial Crescent, Oakville — Property Score

Prime Location Hot Market

Score: 59/100

Value

Priced 182.2% above area median of $2,299,000 based on 43 comparable properties nearby 1

$1,523/sqft - 143.3% above the $626/sqft area median 1

Stable pricing - no price changes since original listing date 50

Size

4,260 sqft - 38% less space than similarly priced homes (6,829 sqft median) 30

4 bedrooms - 1 fewer than similarly priced 5-bedroom homes nearby 48

3 bathrooms - 4 fewer than similarly priced properties nearby 12

Location

$423K median household income - well above the Canadian average of $70K 100

93% of residents hold postsecondary credentials - a highly educated neighbourhood 99

80% homeownership rate - indicating a stable, owner-occupied community 86

54% of residents commute under 30 minutes - good commuting convenience 73

1,043/km² population density - a well-balanced suburban area 80

Market

Just listed - area average is 30 days on market 100

+36.9% median price change over 1 month - rising prices in the area 100

40 months of housing supply - 440 active listings with 11 sold last month (buyer's market) 40

Features

14-car garage - more than the area average of 5.7 spots 95

Finished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

4 fireplaces - a desirable feature for Canadian winters 85

Built in 1953 (73 years old) - established home with character, older than the area average (1989) 35

No premium extras like pool, waterfront, or view 50

Investment

0.35% effective tax rate ($22,610/yr) - very low tax burden 90

17% renter population - primarily owner-occupied area 50

Quality

Condition

Listing

49 photos provided - 20% more than the area average of 41 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.