251 Third Line
Southwest, Oakville, Ontario L6L 4A2
- Bedrooms
- 4
- Bathrooms
- 2
- Size
- 1,500–2,000sq ft
- Per sq ft
- $799at the range’s middle
- Lot
- 81 x 140 ft
- Tax a year
- $6,5102025 tax year
- Parking
- 5none
- Days on market
- Members
The brief
About 251 Third Line
251 Third Line is a 4-bedroom, 2-bathroom detached house in Southwest, Oakville, listed for sale at an asking price of $1,399,000 (MLS® W14032568).
This bright four-level sidesplit offers over 2,200 sq. ft. of total living space, with 4 bedrooms, 2 full baths and finished lower levels. Recently updated, it features new laminate flooring, fresh paint, new lighting and custom roller shades throughout, with natural light in every room.Outside, the deep, tree-lined backyard provides natural privacy, an in ground pool and tons of space for outdoor living. Set on an expansive 81' x 140' lot in an established neighbourhood of multi-million-dollar custom homes, 251 Third Line is an exceptional opportunity to create that custom home or set root now and build later. All amenities are steps away at South Oakville Centre, with Metro, Winners, LCBO, shopping and essential services close at hand. Lake Ontario, Coronation Park's waterfront, playgrounds and splash pad, and Woodside Library are nearby, along with top ranked schools and convenient QEW access. . Zoned RL2-0, the approximately 1,057 sq. m. lot offers potential for a custom home with approximately 4,209 sq. ft. above grade, plus up to 484 sq. ft. of garage space, based on a maximum residential floor area ratio of 37%, subject to applicable zoning requirements and municipal approvals.Room for your family today, and the opportunity to build your dream home for tomorrow. Some photos have been virtually staged.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall31/100−$2,026/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
- $6,510 / 2025
- MLS® number
- W14032568
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 81 x 140 ft
- Listed on
- Parking
- None, 5 Parking
Property details
Property
- Property Type
- Detached
- Style
- Sidesplit 4
- Community
- Southwest
- Municipality
- Oakville
Building
- Size
- 1500-2000 sqft
- Construction
- Alum Siding
Inside
- Bedrooms
- 4
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc 2nd, 1 × 4pc Lower
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 5
- Total Parking
- 5
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 81 ft
- Depth
- 140 ft
- Lot Size
- 81 x 140 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- Inground
- Den
- Yes
- Family room
- Yes
- Extras
- All Existing Appliances, All Lightning Fixtures And Window Coverings Safety Cover On The Pool, A/C 2020, Furnace 2021. All Pool Equipment
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 5.43 × 6.17 m | Laminate, Fireplace, Picture Window | Main |
| Dining | 2.49 × 6.17 m | Laminate, Large Window, Combined W/Living | Main |
| Kitchen | 2.52 × 2.56 m | Ceramic Floor, Eat-In Kitchen, Granite Counter | Main |
| Breakfast | 2.49 × 2.56 m | Ceramic Floor, Combined W/Kitchen, W/O To Patio | Main |
| Br | 3.97 × 3.01 m | carpet free, Semi Ensuite, Large Closet | 2nd |
| Br | 2.59 × 3.64 m | carpet free, Large Closet, Large Window | 2nd |
| Br | 2.6 × 2.4 m | carpet free, Large Closet, Large Window | 2nd |
| Primary | 3.16 × 5.86 m | 3 Pc Ensuite, Bay Window, Picture Window | Lower |
| Family | 2.95 × 6.17 m | carpet free, Large Window, Picture Window | Lower |
| Rec | 6.36 × 3.51 m | carpet free, Pot Lights, Large Window | Bsmt |
| Laundry | 2.88 × 2.56 m | Laundry Sink, Large Window, Picture Window | Bsmt |
| Utility | 4.1 × 2.56 m | — | Bsmt |
| Other | 2.27 × 1.19 m | — | Bsmt |
Listing history
Buy/sell history for 251 Third Line, 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 | $1,399,000 | N/A | For Sale | W14032568 |
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
- $279,800
- Total mortgage amount
- $1,119,200
- Total interest payment
- $795,700
- Total purchase cost
- $2,194,700
- Mortgage payment
- $6,383/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
45%Monthly carrying cost
$6,926- Rent $4,900
- Shortfall $2,026
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
- $24,455
- Total land transfer tax
- $24,455
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $20,455
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 $1,399,000
- $19,980
- Ontario total
- $24,455
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
- 11,340 sq ft1,054 m²
- Street frontage
- 81 ft24.7 m
- Depth
- 140 ft42.7 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 conservation3
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use. 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 5.5 m.250 m
- Bedrock about 2.1 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 140 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
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is The Regional Municipality of Halton — Oakville Southwest Wastewater Treatment Plant, 970 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.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 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 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. 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 Southwest right now
- For sale now
- 38
- Median asking price
- $2.74M
- New in 7 days
- 4
- Price cuts
- 13%
Middle half: $1.73M to $3.99M
14 in 28 days
5 listings
This home is asking 49% below the median, lower than three quarters of them.
See all homes in SouthwestAsking 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 |
|---|---|---|
| Bronte GO | GO Transit train: Lakeshore West | 1.7 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 |
|---|---|---|---|
| Gladys Speers Public SchoolHalton DSB | Public · grades JK–6 | 900 m | 86%Grade 6 average |
| École élémentaire Patricia-PicknellConseil scolaire Viamonde | French-language public · grades JK–6 | 950 m | 79%Grade 6 average |
| Eastview Public SchoolHalton DSB | Public · grades JK–8 | 1 km | 79%Grade 6 average |
| St. Nicholas Catholic Elementary SchoolHalton CDSB | Catholic · grades JK–8 | 1.5 km | 85%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Thomas A Blakelock High SchoolHalton DSB | Public · grades 9–12 · French Immersion | 1.4 km | 79%Grade 9 math |
| St. Thomas Aquinas Catholic Secondary SchoolHalton CDSB | Catholic · grades 9–12 | 3.5 km | 72%Grade 9 math |
| Abbey Park High SchoolHalton DSB | Public · grades 9–12 | 4 km | 89%Grade 9 math |
| École secondaire Gaétan GervaisConseil scolaire Viamonde | French-language public · grades 9–12 | 6.1 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 Southwest are shown to signed-in members.