1227 Riverbank Way
River Oaks, Oakville, Ontario L6H 6X4
- Bedrooms
- 3+2
- Bathrooms
- 4
- Size
- 3,000–3,500sq ft
- Per sq ft
- $892at the range’s middle
- Lot
- 85.17 x 161.58 ft
- Tax a year
- $14,5062025 tax year
- Built
- 16-30
- Parking
- 82 attached
- Days on market
- Members
The brief
About 1227 Riverbank Way
1227 Riverbank Way is a 3+2-bedroom, 4-bathroom detached house in River Oaks, Oakville, listed for sale at an asking price of $2,899,000 (MLS® W13215172).
MUSKOKA-LIKE SETTING BACKING ONTO A RAVINE! LUXURY LIVING IN AN EXCLUSIVE ENCLAVE! MAIN FLOOR PRIMARY RETREAT! PROFESSIONALLY FINISHED WALKOUT LOWER LEVEL! Welcome to 1227 Riverbank Way, an exceptional residence in prestigious Valleyview Estates, tucked away at the end of an extremely private cul-de-sac. Upon arrival, you'll be captivated by the striking stone and stucco exterior, natural stone driveway, majestic trees, and lush landscaping. The centrepiece of the main level is the dramatic living room featuring a soaring 15'8 vaulted ceiling with decorative beams and a corner gas fireplace. A chef-inspired Downsview Kitchen with custom cabinetry, granite countertops, designer backsplash, premium stainless steel appliances, centre island, breakfast area, and walkout to the composite deck is ideal for effortless indoor/outdoor living. The rare main floor primary retreat offers a private balcony, vaulted ceiling, gas fireplace, walk-in closet, and spa-inspired five-piece ensuite with double sinks, vanity area, and luxurious soaker tub. Two additional bedrooms and a four-piece bathroom with skylight are located on the upper level. Professionally finished in 2018, the walkout lower level extends the living space even further with an oversized recreation/games area, two bedrooms, three-piece bathroom, and family room with patio access - ideal for multi-generational living. Notable updates include furnace and central air (2023), hardwood flooring throughout the upper level (2018), shingles (2018), and epoxy garage floors (2023). The tranquil backyard oasis showcases an expansive composite deck, natural stone patios and steps, stone benches, extensive river rock, landscape lighting, and the ultimate in privacy. This one-of-a-kind setting is surrounded by an extensive trail network along Sixteen Mile Creek, Lions Valley Park, forests, and greenspace, offering an unparalleled blend of luxury, nature, elegance, and lifestyle. (certain images have been virtually staged)
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$8,735/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 33 detached homes with 5 bedrooms for lease in Oakville right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $14,506 / 2025
- MLS® number
- W13215172
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 16-30
- Days on market
- Size
- 3000-3500 sqft
- Lot Size
- 85.17 x 161.58 ft
- Listed on
- Parking
- 2 Attached, 8 Parking
Property details
Property
- Property Type
- Detached
- Style
- 1 1/2 Storey
- Community
- River Oaks
- Municipality
- Oakville
Building
- Size
- 3000-3500 sqft
- Building Age
- 16-30
- Construction
- Stone
Inside
- Bedrooms
- 3+2
- Bathrooms
- 4
- Bathroom Details
- 1 × 2pc Main, 1 × 5pc Main, 1 × 4pc 2nd, 1 × 3pc Lower
- Basement Type
- Finished with Walk-Out
- Kitchens
- 1
Parking
- Driveway
- Pvt Double, Inside Entry
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 6
- Total Parking
- 8
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 85.17 ft
- Depth
- 161.58 ft
- Lot Size
- 85.17 x 161.58 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Inclusion List attached.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 6.15 × 5.61 m | Vaulted Ceiling, Gas Fireplace, hardwood floor | Main |
| Dining | 4.04 × 5.18 m | hardwood floor, Coffered Ceiling, Open Concept | Main |
| Kitchen | 4.22 × 3.81 m | Granite Counter, Stainless Steel Appl, Centre Island | Main |
| Breakfast | 5.72 × 3.17 m | Tile Floor, Open Concept, W/O To Deck | Main |
| Bathroom | 1.65 × 2.08 m | 2 Pc Bath, Tile Floor | Main |
| Laundry | 2.92 × 2.21 m | Laundry Sink, Tile Floor | Main |
| Primary | 8.46 × 5.99 m | 5 Pc Ensuite, W/I Closet, Gas Fireplace | Main |
| Bathroom | 3.96 × 5.26 m | 5 Pc Ensuite, Double Sink, Soaker | Main |
| 2nd Br | 4.5 × 3.63 m | Hardwood Floor | 2nd |
| 3rd Br | 3.63 × 5.23 m | Hardwood Floor | 2nd |
| Bathroom | 2.49 × 3.02 m | 4 Pc Bath, Skylight, Tile Floor | 2nd |
| Rec | 8.33 × 9.47 m | Broadloom, Pot Lights | Lower |
| Family | 3.58 × 6.96 m | Broadloom, Pot Lights, W/O To Patio | Lower |
| Mudroom | 2.44 × 2.06 m | Tile Floor | Lower |
| 4th Br | 3.66 × 9.3 m | Laminate | Lower |
| 5th Br | 3.02 × 3.2 m | Laminate | Lower |
| Bathroom | 3.68 × 1.78 m | 3 Pc Bath, Tile Floor | Lower |
| Utility | 1.68 × 3.53 m | — | Lower |
| Other | 7.39 × 4.04 m | — | Lower |
Listing history
Buy/sell history for 1227 Riverbank Way, Oakville, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $2,899,000 | N/A | Pc | W13215172 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $579,800
- Total mortgage amount
- $2,319,200
- Total interest payment
- $1,648,600
- Total purchase cost
- $4,547,600
- Mortgage payment
- $13,226/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
73%Monthly carrying cost
$14,435- Rent $5,700
- Shortfall $8,735
Rental income opens at $5,700, the median asking rent of 33 comparable homes for lease in Oakville. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $58,950
- Total land transfer tax
- $58,950
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $54,950
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $2,899,000
- $22,475
- Ontario total
- $58,950
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 13,762 sq ft1,279 m²
- Street frontage
- 85.17 ft26 m
- Depth
- 161.58 ft49.2 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m250 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 8.7 km8.7 km
Province of Ontario open data
Around the home2
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 330 m away. Routes and stops change; check the agency’s schedule.400 m
- A trail on the Ontario trail network within 1 km1 km
Municipal transit open data · Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Oakville Hydro Electricity Distribution Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at a household 120 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (120 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.120 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Rogers, SkyChoice Communications, Standard Broadband. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Conservation Haltonor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Town of Oakville.
The market
Detached homes for sale in River Oaks right now
- For sale now
- 27
- Median asking price
- $1.7M
- New in 7 days
- 0
- Price cuts
- 26%
Middle half: $1.43M to $2.09M
11 in 28 days
7 listings
This home is asking 71% above the median, higher than three quarters of them.
See all homes in River OaksAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Oakville GO | GO Transit train: Lakeshore West | 4.7 km |
| Bronte GO | GO Transit train: Lakeshore West | 5 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Our Lady of Peace Catholic Elementary SchoolHalton CDSB | Catholic · grades JK–8 | 850 m | 85%Grade 6 average |
| St. Teresa of Calcutta Catholic Elementary SchoolHalton CDSB | Catholic · grades JK–8 | 1 km | 74%Grade 6 average |
| West Oak Public SchoolHalton DSB | Public · grades JK–8 | 1.3 km | 81%Grade 6 average |
| École élémentaire du ChêneConseil scolaire Viamonde | French-language public · grades JK–6 | 3.8 km | 99%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St. Ignatius of Loyola Catholic Secondary SchoolHalton CDSB | Catholic · grades 9–12 · French Immersion | 1.7 km | 78%Grade 9 math |
| Holy Trinity Catholic Secondary SchoolHalton CDSB | Catholic · grades 9–12 | 1.9 km | 69%Grade 9 math |
| Abbey Park High SchoolHalton DSB | Public · grades 9–12 | 2.6 km | 89%Grade 9 math |
| École secondaire Gaétan GervaisConseil scolaire Viamonde | French-language public · grades 9–12 | 3.1 km | 85%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in River Oaks are shown to signed-in members.