505 Patricia Dr, Oakville

Name: 505 Patricia Drive
SKU: W14118572
Price: 1490000 CAD
Availability: InStock

3 Bed, 2 Bath Detached Home in Oakville

About 505 Patricia Drive

Attention Builders, Renovators & End Users! An exceptional opportunity in prestigious Bronte East, set on a premium southeast-facing 89.5 x 126 ft corner lot surrounded by mature trees and stunning custom homes. Featuring RL3-0 zoning with 35% maximum lot coverage, this property offers plenty of potential to build your dream home, renovate, or simply move in and enjoy. The existing 3-bedroom home offers a bright and inviting layout with hardwood flooring, an updated kitchen featuring stainless steel appliances and ample storage, and a spacious living room with a gas fireplace. Three generously sized bedrooms are filled with natural light, complemented by a beautifully renovated main bathroom completed in 2024. The finished basement provides additional living and entertaining space complete with a full bathroom, wet bar and wine rack. Step outside to a private, fully fenced backyard with mature landscaping and a heated saltwater in-ground concrete pool with a new liner installed in 2024. It's a great space for relaxing and entertaining throughout the summer. Ideally situated in one of South West Oakville's most established neighbourhoods, just minutes from Lake Ontario, scenic walking and biking trails, Downtown Oakville, YMCA and Appleby College. Morden Public School is within walking distance, with a school bus stop at the corner for St. Nicholas Catholic Elementary School. Suffolk Park is located just steps away at the end of Burton Rd, while nearby public transit provides convenient access to Downtown Oakville, recreation facilities, arenas and outdoor skating. A rare combination of an oversized corner lot, unbeatable location and outstanding future potential in one of Oakville's most sought-after neighbourhoods. **Some photos are virtually staged**

3 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $993 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 505 Patricia Dr

Every detail from the listing, in one place.

Type: Detached
Style: Bungalow
Living space: 1500-2000 sq ftas stated on the listing
Parking: 7 spacesYes garage
Basement: Full, Finished

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 7

Interior

Basement: Full · Finished

Exterior & construction

Pool: Yes

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Bungalow
Property class: Detached

505 Patricia Dr Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 26, 2026For saleListedThis listingMLS® W14118572$1,490,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 505 Patricia Dr Compares to the Oakville Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 1,798 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Oakville market, last 90 days

Median sold price: $1,304,000
Average sold price: $1,460,387
Average days on market: 34
Homes sold: 1,052

Closed sales on the TRREB MLS®.

Full Oakville market report

Market pulse · Oakville

Oakville market

Median sold price$1,304,000Last 90 days
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio96.4%On average, homes sold below asking.
Active listings1,205Homes for sale here right now.
Median vs prior 90 days−1.8%Compared with Apr 29 – Jul 28, 2026: prices down.

Based on 1,052 sales from Jul 28 – Oct 26, 2026 (751 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Oakville

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home505 Patricia Drive 3 bd · 2 ba · 1,500 sqft	$1,490,000asking	$993	—	—
2182 Galloway Drive 5 bd · 4 ba · 3,500 sqft
156 Camellia Crescent 4 bd · 4 ba · 3,000 sqft
2105 Oakmead Boulevard 4 bd · 3 ba · 2,000 sqft
2152 Munn's Avenue 4 bd · 3 ba · 2,000 sqft
2140 Stillmeadow Road 3 bd · 2 ba · 1,500 sqft
2035 Pen Street 3 bd · 2 ba · 1,500 sqft

2182 Galloway Drive
5 bd · 4 ba · 3,500 sqft
156 Camellia Crescent
4 bd · 4 ba · 3,000 sqft
2105 Oakmead Boulevard
4 bd · 3 ba · 2,000 sqft
2152 Munn's Avenue
4 bd · 3 ba · 2,000 sqft
2140 Stillmeadow Road
3 bd · 2 ba · 1,500 sqft
2035 Pen Street
3 bd · 2 ba · 1,500 sqft

Living in Oakville: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Oakville GO StationLakeshore West GO2.8 km
Bronte GO StationLakeshore West GO3.0 km

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Oakville GO Station (Lakeshore West GO)2.8 km
Bronte GO Station (Lakeshore West GO)3.0 km

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Oakville GO Station
2.8 kmClosest· Lakeshore West GO
Homes near Oakville GO Station
Bronte GO Station
3.0 km· Lakeshore West GO
Homes near Bronte GO Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 505 Patricia Dr. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 505 Patricia Dr

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $7,320; 20% down · 25 years · 5.5% assumed
Property tax: $820; 0.66% mill rate · ON
Total per month: $8,140; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$7,320

/mo

based on the purchase price of $1,490,000

Down payment20%

$298,000 cash

Amortization25 yr

$1,192,000 financed

Rate5.50%

$1,003,977 total interest

Principal54%$1,192,000

Interest46%$1,003,977

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Zara · AI virtual agent

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Questions About 505 Patricia Dr

How much is 505 Patricia Dr listed for?

505 Patricia Dr is listed at $1,490,000 (MLS® W14118572). Summitly updates the price as soon as the MLS® record changes.

Is $1,490,000 a good price for 505 Patricia Dr?

Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Oakville. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 505 Patricia Dr changed?

No — 505 Patricia Dr is still listed at its original asking price of $1,490,000.

How many bedrooms and bathrooms does 505 Patricia Dr have?

505 Patricia Dr has 3 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Oakville.

Is 505 Patricia Dr close to transit?

The nearest rapid-transit station is Oakville GO Station (Lakeshore West GO), about 2.8 km in a straight line. Bronte GO Station is about 3.0 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 505 Patricia Dr?

About $7,320 a month — principal and interest on $1,490,000 with 20% down ($298,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 505 Patricia Dr compare with other homes in Oakville?

Its asking price of $1,490,000 is about 14% above the median sold price in Oakville over the last 90 days, $1,304,000, across 1,052 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 505 Patricia Dr been sold before?

Summitly has no earlier MLS® sale or lease of 505 Patricia Dr on record from the last two years. Older records aren't shown under TRREB rules.

Where is 505 Patricia Dr?

505 Patricia Dr is in Oakville, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 505 Patricia Dr been on the market?

505 Patricia Dr was listed today (October 26, 2026).

What is the price per square foot of 505 Patricia Dr?

About $745 to $993 per square foot: the asking price of $1,490,000 over the 1,500–2,000 sq ft the listing gives as its size range.

Does 505 Patricia Dr have parking or a garage?

Yes — the listing gives 7 parking spaces. Garage: Yes.

What you should know

3 Bed, 2 Bath Detached Home in Oakville

About 505 Patricia Drive

Inside 505 Patricia Dr

Features & systems

505 Patricia Dr Price & Sale History

How 505 Patricia Dr Compares to the Oakville Market

Oakville market, last 90 days

Recently sold nearby in Oakville

Living in Oakville: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 505 Patricia Dr

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Patricia Drive? See what yours is worth

Zara, any time

A licensed local agent

See 505 Patricia Dr, Oakville in person

Similar homes for sale nearby in Oakville

Explore More Detached Homes in Oakville

3 Bed, 2 Bath Detached Home in Oakville

About 505 Patricia Drive

Inside 505 Patricia Dr

Features & systems

505 Patricia Dr Price & Sale History

How 505 Patricia Dr Compares to the Oakville Market

Oakville market, last 90 days

Market pulse · Oakville

Recently sold nearby in Oakville

Living in Oakville: Location & Amenities

Transit nearby

Transit

How long is your commute?

Costs, Mortgage & Rental Return for 505 Patricia Dr

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Patricia Drive? See what yours is worth

Zara, any time

A licensed local agent

See 505 Patricia Dr, Oakville in person

Questions About 505 Patricia Dr

How much is 505 Patricia Dr listed for?

Is $1,490,000 a good price for 505 Patricia Dr?

Has the price of 505 Patricia Dr changed?

How many bedrooms and bathrooms does 505 Patricia Dr have?

Is 505 Patricia Dr close to transit?

How much would the monthly mortgage be on 505 Patricia Dr?

How does 505 Patricia Dr compare with other homes in Oakville?

Has 505 Patricia Dr been sold before?

Where is 505 Patricia Dr?

How long has 505 Patricia Dr been on the market?

What is the price per square foot of 505 Patricia Dr?

Does 505 Patricia Dr have parking or a garage?

Similar homes for sale nearby in Oakville

Explore More Detached Homes in Oakville

Market pulse · Oakville

Transit nearby

Transit

Questions About 505 Patricia Dr

How much is 505 Patricia Dr listed for?

Is $1,490,000 a good price for 505 Patricia Dr?

Has the price of 505 Patricia Dr changed?

How many bedrooms and bathrooms does 505 Patricia Dr have?

Is 505 Patricia Dr close to transit?

How much would the monthly mortgage be on 505 Patricia Dr?

How does 505 Patricia Dr compare with other homes in Oakville?

Has 505 Patricia Dr been sold before?

Where is 505 Patricia Dr?

How long has 505 Patricia Dr been on the market?

What is the price per square foot of 505 Patricia Dr?

Does 505 Patricia Dr have parking or a garage?