- Bedrooms
- 3+3
- Bathrooms
- 2
- Size
- 1,500–2,000sq ft
- Per sq ft
- $914at the range’s middle
- Lot
- 72.27 x 125 ft
- Tax a year
- $7,0292026 tax year
- Parking
- 91 attached
- Days on market
- Members
The brief
About 1228 Elgin Cres
1228 Elgin Cres is a 3+3-bedroom, 2-bathroom detached house in Falgarwood, Oakville, listed for sale at an asking price of $1,599,999 (MLS® W14099932).
Welcome to this beautifully renovated Ranch Style Bungalow nestled in one of Oakville's most prestigious and sought-after neighbourhoods. Situated on an impressive 72 x 125 ft ravine lot in Falgarwood, this elegant home offers timeless charm, spacious living, and the ease of main floor living just minutes from the lake, top-rated schools, parks, and amenities. As you step through the front door, you're welcomed into a bright and inviting layout thoughtfully designed for both everyday comfort and entertaining. The formal living room is filled with natural light and equipped with a cozy wood-burning fireplace that doesn't just warm the room but sets the tone. The combined family and dining room is the true showstopper, the kind of room that makes you want to stay awhile. Featuring an expansive wall-to-wall window anchors the home, filling the space with natural light while framing the picturesque backyard oasis and ravine. The stunning kitchen boasts a large 9 ft center island with elegant quartz countertop and a built-in gas range with a ceiling mount range hood. The two-toned quartz countertop look takes this kitchen to another level with extended cabinets for plenty of storage and high-end built-in appliances. The three generously sized bedrooms and fully remodelled bathroom, each showcasing meticulous attention to detail. The finished basement offers a versatile separate living space, ideal for extended family or guests, complete with its own living room and 3 bedrooms. Step outside into your private backyard oasis, where the oversized ravine lot offers endless opportunities for entertaining, gardening, or future customization. Surrounded by mature trees and greenery, this property offers exceptional privacy along with ample parking and an attached garage. A rare opportunity to own a beautifully renovated Bungalow in one of Oakville's most established communities.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall37/100−$1,786/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 12 detached homes with 6 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
- $7,029 / 2026
- MLS® number
- W14099932
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 72.27 x 125 ft
- Listed on
- Parking
- 1 Attached, 9 Parking
Property details
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- Falgarwood
- Municipality
- Oakville
Building
- Size
- 1500-2000 sqft
- Construction
- Brick Front
Inside
- Bedrooms
- 3+3
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Main, 1 × 3pc Bsmt
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Garage Type
- Attached
- Garage
- 1
- Additional Parking
- 8
- Total Parking
- 9
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 72.27 ft
- Depth
- 125 ft
- Lot Size
- 72.27 x 125 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Existing: Stainless steel fridge, dishwasher, built-in microwave & stove combo, gas range, washer & dryer. California shutters and curtains. Garage door open and outdoor shed.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 7.01 × 3.63 m | hardwood floor, Bay Window, Fireplace | Main |
| Family | 4.01 × 6.12 m | Cathedral Ceiling, Picture Window, W/O To Yard | Main |
| Dining | 3.61 × 3.05 m | Combined W/Kitchen, Picture Window, W/O To Yard | Main |
| Kitchen | 4.93 × 3.66 m | Quartz Counter, Centre Island, Custom Backsplash | Main |
| Primary | 4.24 × 3.48 m | hardwood floor, Closet, Large Window | Main |
| 2nd Br | 2.9 × 3.96 m | hardwood floor, Closet, Large Window | Main |
| 3rd Br | 4.88 × 2.74 m | hardwood floor, Closet, Large Window | Main |
| Rec | 3.96 × 5.49 m | — | Bsmt |
| 4th Br | 2.49 × 4.57 m | — | Bsmt |
| 5th Br | 3.96 × 3.66 m | — | Bsmt |
| Den | 6.1 × 3.33 m | — | Bsmt |
| Laundry | 3.66 × 4.27 m | — | Bsmt |
Listing history
Buy/sell history for 1228 Elgin Cres, 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 | $1,599,999 | N/A | For Sale | W14099932 |
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
- $320,000
- Total mortgage amount
- $1,279,999
- Total interest payment
- $910,001
- Total purchase cost
- $2,510,000
- Mortgage payment
- $7,300/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
40%Monthly carrying cost
$7,886- Rent $6,100
- Shortfall $1,786
Rental income opens at $6,100, the median asking rent of 12 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
- $28,475
- Total land transfer tax
- $28,475
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $24,475
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 $1,599,999
- $24,000
- Ontario total
- $28,475
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
- 9,034 sq ft839 m²
- Street frontage
- 72.27 ft22 m
- Depth
- 125 ft38.1 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 activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Around the home3
- Nearest rail line: 960 m960 m
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 60 m away. Routes and stops change; check the agency’s schedule.400 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data · Municipal transit 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 CanadaThe nearest is Ford Motor Company of Canada, Limited — Ford Oakville Assembly Complex, 1.4 km away. Only 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 this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, CIK Telecom, Cogeco Connexion, Rogers. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, QuaenetFi, Rogers, Routcom, 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 Falgarwood right now
- For sale now
- 14
- Median asking price
- $1.39M
- New in 7 days
- 2
- Price cuts
- 29%
Middle half: $1.24M to $1.5M
8 in 28 days
4 listings
This home is asking 15% above the median, higher than three quarters of them.
See all homes in FalgarwoodAsking 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
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Oakville GO | GO Transit train: Lakeshore West | 2.3 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 |
|---|---|---|---|
| Falgarwood Public SchoolHalton DSB | Public · grades JK–8 | 400 m | 76%Grade 6 average |
| Holy Family Catholic Elementary SchoolHalton CDSB | Catholic · grades JK–8 | 800 m | 81%Grade 6 average |
| Sheridan Public SchoolHalton DSB | Public · grades JK–5 | 1 km | 44%Grade 3 average |
| École élémentaire du ChêneConseil scolaire Viamonde | French-language public · grades JK–6 | 2 km | 99%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Iroquois Ridge High SchoolHalton DSB | Public · grades 9–12 · French Immersion | 2 km | 88%Grade 9 math |
| White Oaks Secondary SchoolHalton DSB | Public · grades 9–12 | 2.1 km | 81%Grade 9 math |
| École secondaire Gaétan GervaisConseil scolaire Viamonde | French-language public · grades 9–12 | 2.2 km | 85%Grade 9 math |
| Holy Trinity Catholic Secondary SchoolHalton CDSB | Catholic · grades 9–12 | 3.5 km | 69%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 Falgarwood are shown to signed-in members.