Ideally located in sought-after Joshua Creek, within walking distance of Iroquois Ridge High School, this extensively renovated executive home offers approximately 4,400 sq. ft. of finished living space and a rare 5+1-bedroom layout, including five bedrooms and three full bathrooms on the upper level.Designed for modern family living, the second floor features five spacious bedrooms and convenient laundry. The primary retreat boasts two custom-fitted closets and a luxurious 5-piece ensuite with marble tile, soapstone counters, an oversized glass shower and freestanding tub.The bright main floor features 9-ft ceilings, wide-plank hardwood flooring, dimmable pot lights and a separate home office. The open-concept living, dining and kitchen areas offer an ideal balance of everyday comfort and entertaining.The fully renovated gourmet kitchen showcases a 9-ft island, quartz countertops and backsplash, ceiling-height two-tone custom cabinetry, a Wolf gas range, Liebherr refrigerator and integrated Miele dishwasher.The professionally finished lower level adds a spacious recreation and media area, electric fireplace, wet bar with quartz counter and beverage fridge, fitness area, full bathroom and an additional bedroom-ideal for guests or extended family.Notable upgrades include a contemporary staircase with steel pickets, glass front entry door, stone-finished front porch, custom storage, owned tankless water heater and Tesla Level 2 EV charger. The attached double garage and private driveway accommodate up to six vehicles.Enjoy a fully fenced, landscaped backyard with mature trees, fruit trees and a stone patio, perfect for outdoor dining and relaxation.Close to top-rated schools, parks, trails, shopping, dining and recreational facilities, with convenient access to major highways, GO Transit and Oakville Trafalgar Memorial Hospital. A move-in-ready Joshua Creek home combining a prime school location, exceptional five-bedroom upper level and versatile living space.
5 bedrooms, 4 bathrooms, about 3,000 sq ft, works out to roughly $533 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 505 Ravineview Way
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
3000-3500 sq ftas stated on the listing
Lot size
40.49 x 114.17 Feet (Pie Shaped)
Parking
6 spacesYes garage
Basement
Finished, Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Finished · Full
Lot & land
Lot dimensions
40.49 x 114.17 Feet (Pie Shaped)
Lot size (sqft)
0
Lot features
Irregular Lot
Listing & possession
Property style
2-Storey
Property class
Detached
505 Ravineview Way Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14034780$1,599,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 505 Ravineview Way Compares to the Oakville Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$7,860
/mo
based on the purchase price of $1,599,900
$319,980 cash
$1,279,920 financed
$1,078,029 total interest
Principal54%$1,279,920
Interest46%$1,078,029
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Oakville
Other 4-bed homes for sale in Oakville around $1.6M.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio96.5%On average, homes sold below asking.
Active listings1,240Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with Apr 18 – Jul 17, 2026: prices up.
Based on 1,059 sales from Jul 17 – Oct 15, 2026 (703 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
505 Ravineview Way is listed at $1,599,900 (MLS® W14034780). Summitly updates the price as soon as the MLS® record changes.
Is $1,599,900 a good price for 505 Ravineview Way?
Summitly rates it Excellent Deal: the asking price is 10% or more below 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 Ravineview Way changed?
No — 505 Ravineview Way is still listed at its original asking price of $1,599,900.
How many bedrooms and bathrooms does 505 Ravineview Way have?
505 Ravineview Way has 5 bedrooms and 4 bathrooms, with about 3,000–3,500 square feet of living space. It is a detached home in Oakville.
Is 505 Ravineview Way close to transit?
The nearest rapid-transit station is Oakville GO Station (Lakeshore West GO), about 4.3 km in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 505 Ravineview Way?
About $7,860 a month — principal and interest on $1,599,900 with 20% down ($319,980), 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.
Are there open houses at 505 Ravineview Way?
Yes — Saturday, October 17, 2:00 PM – 4:00 PM; Sunday, October 18, 2:00 PM – 4:00 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.
How does 505 Ravineview Way compare with other homes in Oakville?
Its asking price of $1,599,900 is about 22% above the median sold price in Oakville over the last 90 days, $1,310,000, across 1,059 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 Ravineview Way been sold before?
Summitly has no earlier MLS® sale or lease of 505 Ravineview Way on record from the last two years. Older records aren't shown under TRREB rules.
Where is 505 Ravineview Way?
505 Ravineview Way is in Oakville, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 505 Ravineview Way been on the market?
505 Ravineview Way was listed today (October 15, 2026).
What is the price per square foot of 505 Ravineview Way?
About $457 to $533 per square foot: the asking price of $1,599,900 over the 3,000–3,500 sq ft the listing gives as its size range.
