1242 Richards Cres
College Park, Oakville, Ontario L6H 1R3
- Bedrooms
- 3+1
- Bathrooms
- 3
- Size
- 1,100–1,500sq ft
- Per sq ft
- $953at the range’s middle
- Lot
- Under 0.50 acres
- Tax a year
- $5,6592026 tax year
- Built
- 51-99
- Parking
- 51 attached
- Days on market
- Members
The brief
About 1242 Richards Cres
1242 Richards Cres is a 3+1-bedroom, 3-bathroom detached house in College Park, Oakville, listed for sale at an asking price of $1,238,888 (MLS® W13739466).
Charming & Well Maintained Side-Split Detached House In The Centre of Oakville! Quiet Street W/ Very Light Traffic. Well Maintained Spacious 3 Bdrm Home W/ Living Room On Main Floor W/Access To The Professionally Finished Back Yard W/ Interlocking Pavement. Gleaming Hrdwd Flrs Throught On The Upper Levels. Gorgeous Open Concept Kitchen, Boasting A Functional L-Shaped Island W/Brkfst Bar, & Newer Stainless Steel Appliances. Spacious Family & Dining Rooms Overlooking Huge Front Yard Through Super Large Window. One Bedroom In Raised Basement With 3 Pc Bathroom For More Convenience To Both Owner & Guest. Professionally Finished Charming Epoxy Coating Garage Floor. No Sidewalk For Added Privacy. Owned Tankless Hot Water Tank & Reverse Osmosis Water Filtration System. Fabulous Location On Quiet Street In Lovely College Park Neighbourhood. Minutes To Parks & Trails, Top Ranking Schools, Sheridan College, Glen Abbey Golf Course, Community Centre, Oakville Place, Oakville City Hall & Many More!
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall40/100−$1,225/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 58 detached homes with 4 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
- $5,659 / 2026
- MLS® number
- W13739466
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 51-99
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 55 x 116.5 ft
- Listed on
- Parking
- 1 Attached, 5 Parking
Property details
Property
- Property Type
- Detached
- Style
- Sidesplit 4
- Community
- College Park
- Municipality
- Oakville
Building
- Size
- 1100-1500 sqft
- Building Age
- 51-99
- Construction
- Brick
Inside
- Bedrooms
- 3+1
- Bathrooms
- 3
- Bathroom Details
- 1 × 2pc Main, 1 × 4pc 3rd, 1 × 3pc Lower
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Driveway
- Pvt Double
- Garage Type
- Attached
- Garage
- 1
- Additional Parking
- 4
- Total Parking
- 5
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 55 ft
- Depth
- 116.5 ft
- Lot Size
- 55 x 116.5 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- All Elf's & Window Coverings, Existing Appliances (S/S Fridge, S/S Stove, Fotile High End Range Hood Fan, B/I Dishwasher, Washer & Dryer, Under Sink Water Treatment System), Garage Door Opener/remote.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 2.82 × 4.25 m | hardwood floor, W/O To Deck, W/O To Yard | Main |
| Powder Rm | 3.0 × 1.5 m | Tile Floor, 2 Pc Bath | Main |
| Kitchen | 3.36 × 3.65 m | Double Sink, Stainless Steel Appl, Eat-In Kitchen | 2nd |
| Dining | 3.65 × 2.8 m | hardwood floor, Combined W/Kitchen, Combined W/Living | 2nd |
| Family | 5.72 × 3.87 m | hardwood floor, Combined W/Kitchen, Combined W/Dining | 2nd |
| Primary | 4.46 × 3.22 m | hardwood floor, Closet, Window | 3rd |
| 2nd Br | 2.73 × 4.04 m | hardwood floor, Closet, Window | 3rd |
| 3rd Br | 3.02 × 2.72 m | hardwood floor, Closet, Window | 3rd |
| 4th Br | 2.17 × 3.47 m | Broadloom, Window | Lower |
| Rec | 5.27 × 3.72 m | Above Grade Window, Fireplace | Lower |
| Laundry | 2.5 × 3.0 m | Window | Lower |
Listing history
Buy/sell history for 1242 Richards 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 | $1,238,888 | N/A | Pc | W13739466 |
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
- $247,778
- Total mortgage amount
- $991,110
- Total interest payment
- $704,790
- Total purchase cost
- $1,943,678
- Mortgage payment
- $5,653/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
37%Monthly carrying cost
$6,125- Rent $4,900
- Shortfall $1,225
Rental income opens at $4,900, the median asking rent of 58 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
- $21,253
- Total land transfer tax
- $21,253
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $17,253
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 $1,238,888
- $16,778
- Ontario total
- $21,253
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
- 6,408 sq ft595 m²
- Street frontage
- 55 ft16.8 m
- Depth
- 116.5 ft35.5 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.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- No mapped wetland within 120 m120 m
- 2 water-supply wells recorded within 250 mAll were drilled for domestic use; 2 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 9.1 m.250 m
- Groundwater recorded about 4.6 m below ground nearbyThe middle water level in the well records within 500 m (48 records). It changes with the season and from spot to spot.500 m
- Bedrock about 5.2 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 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 home2
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 300 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 CanadaThe nearest is Dana Canada Corporation — Dana Oakville Kerr, 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 a household 50 m awayFixed wireless up to 25/5 Mbps. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Rogers. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Rogers, SkyChoice Communications. 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 College Park right now
- For sale now
- 27
- Median asking price
- $1.29M
- New in 7 days
- 1
- Price cuts
- 30%
Middle half: $1.18M to $1.67M
8 in 28 days
8 listings
This home is asking 4% below the median.
See all homes in College ParkAsking 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 | 2.1 km |
| Bronte GO | GO Transit train: Lakeshore West | 4.3 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 |
|---|---|---|---|
| Sunningdale Public SchoolHalton DSB | Public · grades 1–8 · French Immersion | 700 m | 93%Grade 6 average |
| Abbey Lane Public SchoolHalton DSB | Public · grades JK–8 | 950 m | 75%Grade 6 average |
| École élémentaire du ChêneConseil scolaire Viamonde | French-language public · grades JK–6 | 1.4 km | 99%Grade 6 average |
| St. Michael Catholic Elementary SchoolHalton CDSB | Catholic · grades JK–8 | 1.5 km | 79%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Gary Allan High School - STEPHalton DSB | Public · grades 9–12 | 1.1 km | — |
| White Oaks Secondary SchoolHalton DSB | Public · grades 9–12 | 1.2 km | 81%Grade 9 math |
| École secondaire Gaétan GervaisConseil scolaire Viamonde | French-language public · grades 9–12 | 1.3 km | 85%Grade 9 math |
| St. Ignatius of Loyola Catholic Secondary SchoolHalton CDSB | Catholic · grades 9–12 · French Immersion | 2.3 km | 78%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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