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1008 - GO Glenorchy, Oakville
$2,790,000
This one-of-a-kind, beautifully updated split-level home sits on 0.75 acres, backs up to protected forest and offers versatile living space, exceptional privacy, and outstanding potential for multi-generational living, investment, or future development. Enjoy the ultimate country-in-the-city lifestyle in this dream home, with a 3-car garage and a massive new (2025) driveway for 20 cars! A foyer leads to a large formal dining room, a renovated (2024) powder room, an office and a walkout door to a deck. Inside, this generous upper-level home features 4 oversized bedrooms with walk-in closets, wide-plank engineered floors, 2 fully renovated washrooms, and a new laundry room with custom cabinetry for easy tasks. The primary suite boasts a luxury ensuite with a free-standing tub and shower, plus a walk-out to a balcony backyard and the swimming pool.overlooking a private The elevated main level features a family/living room and a light-filled, large kitchen with new stainless steel appliances and a walk-out to a three-tier deck. The lower level features a recreation room with a wood stove and an additional fully renovated 5th bedroom with plenty of storage, an exercise room, and a utility room. Thousands have been spent on recent updates, including pot lights throughout the house, a hot water tank, updated plaster/ stucco, new concrete walkways, and a new stone front With excellent access to Hwy 401, 403, 407, and QEW, the property offers endless possibilities for someone looking for a new familyporch. home within walking distance of a new school and the daycare, or a builder/developer seeking redevelopment opportunities.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $14,280
- Property tax
- $972
- Heat allowance
- $150
- Housing costs
- $15,403 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$474,000
gross annual household income
- Payment at 4%
- $11,741 / mo
- Cash down
- $558,000
Assumes no other monthly debts · 25-yr amortization
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