- Bedrooms
- 4+2
- Bathrooms
- 7
- Size
- 3,500–5,000sq ft
- Per sq ft
- $797at the range’s middle
- Lot
- 63 x 120 ft
- Parking
- 62 attached
- Days on market
- Members
The brief
About 491 Fourth Line
491 Fourth Line is a 4+2-bedroom, 7-bathroom detached house in West, Oakville, listed for sale at an asking price of $3,389,000 (MLS® W13690642).
Welcome to 491 Fourth Line, an Exceptional Custom-Built Home in one of West Oakville's most sought-after neighborhoods. This residence offers over 6,152 sq. ft. of Magnificent Modern Finishes Living Space, blending timeless architecture with modern family functionality. Set on a professionally landscaped lot with circled driveway for luxury life style! the home features a fully fenced backyard, expansive fully covered patio with gas fireplace and natural Indiana-Lime Stone, and covered porch, creating the perfect outdoor living space for family gatherings and summer entertaining. Inside, soaring ceilings, 12-foot at the main floor, oversized 10-foot interior doors, and dramatic floor-to-ceiling windows fill the home with natural light. The chef-inspired kitchen with wood veneer cabinets serves as the heart of the home, featuring built-in appliances, a large centre island, double corner Bi-Folding doors to blend the exterior with the interior! butler's pantry, and separate walk-in pantry, offering exceptional storage and entertaining space. Spacious size living, dinning and family rooms wrapped by state of the art modern wall panels! The family room has16 ft ceiling height with three sided modern gas fire place, floor to ceiling window with the most fancy chandelier! As well as spacious mudroom with custom veneer closets for today's family needs. The upper level with 10 ft height ceiling offers four spacious bedrooms with their full ensuite bathrooms! As well as laundry, second furnace room and skylights for optimum level of comfort! The luxurious primary retreat features a spa-inspired ensuite complete with a free stand tub, oversized glass shower, double vanities, and walk-in closet. The professionally finished basement provides incredible additional living space with full kitchen, Gym, Theatre/Game room, two bedrooms, laundry, two washrooms, living room with gas fireplace and Bi-Folding doors at the Walk-out Basement! This is Your Dream Home!
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−$9,362/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. This record states no property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- MLS® number
- W13690642
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 3500-5000 sqft
- Lot Size
- 63 x 120 ft
- Listed on
- Parking
- 2 Attached, 6 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- West
- Municipality
- Oakville
Building
- Size
- 3500-5000 sqft
- Construction
- Stone
Inside
- Bedrooms
- 4+2
- Bathrooms
- 7
- Bathroom Details
- 1 × 2pc Main, 1 × 5pc 2nd, 3 × 3pc 2nd, 2 × 3pc Bsmt
- Basement Type
- Apartment
- Kitchens
- 1
Parking
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 4
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 63 ft
- Depth
- 120 ft
- Lot Size
- 63 x 120 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Jennair appliances cook top, Side-by-Side fridge and Freezer, Dishwasher, Double Wall Oven, Built-in Hood, Basement Stove, Fridge, Dishwasher, Over the range microwave. Two Furnaces, Two A/Cs and tank les water heater.: Tarion warranty included
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.65 × 3.9 m | hardwood floor, Window Flr to Ceil, O/Looks Frontyard | Main |
| Dining | 3.65 × 4.9 m | hardwood floor, Window Flr to Ceil, O/Looks Frontyard | Main |
| Family | 5.1 × 4.7 m | hardwood floor, Gas Fireplace, Window Flr to Ceil | Main |
| Kitchen | 5.54 × 3.81 m | Marble Counter, B/I Appliances, B/I Oven | Main |
| Kitchen | 2.1 × 3.81 m | Overlook Patio, Open Concept, Tile Floor | Main |
| Mudroom | 2.25 × 3.44 m | Closet Organizers, Tile Floor | Main |
| Primary | 4.78 × 6.12 m | hardwood floor, Ensuite Bath, W/I Closet | 2nd |
| 2nd Br | 3.56 × 3.44 m | hardwood floor, Ensuite Bath, W/I Closet | 2nd |
| 3rd Br | 3.68 × 3.41 m | hardwood floor, Ensuite Bath, W/I Closet | 2nd |
| 4th Br | 3.68 × 3.68 m | hardwood floor, Ensuite Bath, W/I Closet | 2nd |
| 5th Br | 3.65 × 3.81 m | hardwood floor, B/I Closet, Window | Bsmt |
| Den | 3.62 × 4.05 m | hardwood floor, Window | Bsmt |
| Games | 5.42 × 6.1 m | Tile Floor, Sliding Doors | Bsmt |
| Exercise | 4.9 × 4.87 m | hardwood floor, Ensuite Bath, Sliding Doors | Bsmt |
| Kitchen | 3.68 × 3.29 m | Tile Floor, Window Flr to Ceil, Stainless Steel Appl | Bsmt |
| Living | 8.8 × 4.72 m | hardwood floor, Gas Fireplace, Glass Doors | Bsmt |
| Laundry | 2.16 × 1.55 m | Tile Floor, B/I Appliances | Bsmt |
Listing history
Buy/sell history for 491 Fourth 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 | $3,389,000 | N/A | For Sale | W13690642 |
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
- $677,800
- Total mortgage amount
- $2,711,200
- Total interest payment
- $1,927,400
- Total purchase cost
- $5,316,400
- Mortgage payment
- $15,462/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
68%Monthly carrying cost
$15,462- Rent $6,100
- Shortfall $9,362
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
- $71,200
- Total land transfer tax
- $71,200
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $67,200
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 $3,389,000
- $34,725
- Ontario total
- $71,200
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
- 7,560 sq ft702 m²
- Street frontage
- 63 ft19.2 m
- Depth
- 120 ft36.6 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: 780 m780 m
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 40 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 Cloverdale Paint Inc. - Oakville — Cloverdale Paint Inc., 1.2 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 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, 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 West right now
- For sale now
- 96
- Median asking price
- $2.15M
- New in 7 days
- 3
- Price cuts
- 19%
Middle half: $1.38M to $3.21M
31 in 28 days
18 listings
This home is asking 58% above the median, higher than three quarters of them.
See all homes in WestAsking 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 |
|---|---|---|
| Bronte GO | GO Transit train: Lakeshore West | 2.5 km |
| Oakville GO | GO Transit train: Lakeshore West | 3.1 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 |
|---|---|---|---|
| Pine Grove Public SchoolHalton DSB | Public · grades 1–8 · French Immersion | 150 m | 85%Grade 6 average |
| Brookdale Public SchoolHalton DSB | Public · grades JK–8 | 800 m | 78%Grade 6 average |
| St. Nicholas Catholic Elementary SchoolHalton CDSB | Catholic · grades JK–8 | 1 km | 85%Grade 6 average |
| École élémentaire Patricia-PicknellConseil scolaire Viamonde | French-language public · grades JK–6 | 1.5 km | 79%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Thomas A Blakelock High SchoolHalton DSB | Public · grades 9–12 · French Immersion | 1.1 km | 79%Grade 9 math |
| St. Thomas Aquinas Catholic Secondary SchoolHalton CDSB | Catholic · grades 9–12 | 1.5 km | 72%Grade 9 math |
| Abbey Park High SchoolHalton DSB | Public · grades 9–12 | 3.3 km | 89%Grade 9 math |
| École secondaire Gaétan GervaisConseil scolaire Viamonde | French-language public · grades 9–12 | 3.9 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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