How much is 541 Sixteen Mile Dr listed for?

541 Sixteen Mile Dr is listed at $1,090,000 (MLS® W13877752). Summitly updates the price as soon as the MLS® record changes.

Is $1,090,000 a good price for 541 Sixteen Mile Dr?

Summitly rates it Good Deal: the asking price is 3% to 10% 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.

Has the price of 541 Sixteen Mile Dr changed?

No — 541 Sixteen Mile Dr is still listed at its original asking price of $1,090,000.

How many bedrooms and bathrooms does 541 Sixteen Mile Dr have?

541 Sixteen Mile Dr has 3 bedrooms and 3 bathrooms, with about 1,500–2,000 square feet of living space. It is a townhouse in Oakville.

How much would the monthly mortgage be on 541 Sixteen Mile Dr?

About $5,355 a month — principal and interest on $1,090,000 with 20% down ($218,000), 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 541 Sixteen Mile Dr compare with other homes in Oakville?

Its asking price of $1,090,000 is about 16% below the median sold price in Oakville over the last 90 days, $1,302,500, across 1,104 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 541 Sixteen Mile Dr been sold before?

Yes — Summitly has 1 earlier MLS® listing of 541 Sixteen Mile Dr on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.

Where is 541 Sixteen Mile Dr?

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

How long has 541 Sixteen Mile Dr been on the market?

541 Sixteen Mile Dr was listed today (October 8, 2026).

What is the price per square foot of 541 Sixteen Mile Dr?

About $545 to $727 per square foot: the asking price of $1,090,000 over the 1,500–2,000 sq ft the listing gives as its size range.

Does 541 Sixteen Mile Dr have parking or a garage?

Yes — the listing gives 2 parking spaces. Garage: Yes.

Does 541 Sixteen Mile Dr have a basement, and is it finished?

The listing describes the basement as: Full, Finished.

For saleGood Deal

TownhouseListed today

541 Sixteen Mile Dr, Oakville

Name: 541 Sixteen Mile Drive
SKU: W13877752
Price: 1090000 CAD
Availability: InStock

Oakville, ON · L6M 0P7 · MLS® W13877752Updated October 8, 2026

$1,090,000Est. $5,355/mo mortgage

Bedrooms: 3
Bathrooms: 3
Living space: 1500–2000sq ft
Parking spaces: 2

Type Townhouse
Garage Yes
Basement Full, Finished

What you should know

541 Sixteen Mile Dr is a 3-bedroom, 3-bathroom townhouse in Oakville, listed for $1,090,000. It has 1500-2000 sq ft of living space.

Step inside to a bright, sophisticated interior showcasing 9-foot ceilings, rich hardwood flooring, designer lighting and thoughtfully selected finishes throughout.
The modern kitchen features crisp white cabinetry extending to the ceiling, granite countertops, mosaic tile backsplash, stainless steel appliances, chimney-style range hood and a large centre island.
Upstairs, the spacious primary retreat offers hardwood flooring, a tray ceiling, elegant chandelier and spa-inspired ensuite with corner soaker tub, separate glass shower & stone-topped vanity.

Ask Zara:Is there an offer date?What would the monthly costs be?What's nearby?

3 Bed, 3 Bath Townhouse in Oakville

About 541 Sixteen Mile Drive

Welcome to 541 Sixteen Mile Drive, this beautifully upgraded & impeccably maintained 3-bedroom, 3.5-bathroom freehold townhome in sought-after North Oakville. Impressive curb appeal features a striking stone, brick and stucco exterior, distinctive gables, arched windows & an upgraded limestone-covered entrance with contemporary glass privacy panels. Step inside to a bright, sophisticated interior showcasing 9-foot ceilings, rich hardwood flooring, designer lighting and thoughtfully selected finishes throughout. The open-concept main level is ideal for everyday living & entertaining, with spacious living and dining areas and oversized windows filling the home with natural light. The modern kitchen features crisp white cabinetry extending to the ceiling, granite countertops, mosaic tile backsplash, stainless steel appliances, chimney-style range hood and a large centre island. Upstairs, the spacious primary retreat offers hardwood flooring, a tray ceiling, elegant chandelier and spa-inspired ensuite with corner soaker tub, separate glass shower & stone-topped vanity. Two additional generous bedrooms, including one with a beautiful arched window, & a well-appointed main bathroom complete the upper level. The fully finished lower level provides exceptional additional living space with a large recreation area, full bathroom & dedicated laundry-perfect for movie nights, a home gym, playroom or guest space. Enjoy a private, low-maintenance outdoor area with extensive interlocking, privacy fencing & convenient storage. The upgraded garage features epoxy-coated flooring, EV charging capability & overhead storage. Additional updates include the furnace, dishwasher & toilets. Walk to three shopping plazas, the newly opened Sixteen Mile Sports Complex, highly rated schools, parks & scenic trails. Minutes to Oakville Trafalgar Memorial Hospital, Oakville Place & Oakville GO, with easy access to Hwy 407, 401 & QEW. Virtually Staged pictures.

3 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $727 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this townhouse fits your budget and timing.Ask Zara a follow-up

Inside 541 Sixteen Mile Dr

Every detail from the listing, in one place.

Type: Townhouse
Style: 2-Storey
Living space: 1500-2000 sq ftas stated on the listing
Parking: 2 spacesYes garage
Basement: Full, Finished

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 2

Interior

Basement: Full · Finished

Lot & land

Lot size (sqft): 2066.67

Listing & possession

Property style: 2-Storey
Property class: Att/Row/Townhouse

541 Sixteen Mile Dr Price & Sale History

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

Oct 8, 2026For saleListedThis listingMLS® W13877752$1,090,000
LeasedPreviously listedMLS® W12348157View listing (opens in a new tab)

See what it sold for, free. Board rules need a free account before we can show sold and past prices.

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

What's it worth?

How 541 Sixteen Mile 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

Good Deal· based on 1,779 recent sales

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

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

Oakville market, last 90 days

Median sold price: $1,302,500
Average sold price: $1,486,973
Average days on market: 33
Homes sold: 1,104

Closed sales on the TRREB MLS®.

Full Oakville market report

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 home541 Sixteen Mile Drive 3 bd · 3 ba · 1,500 sqft	$1,090,000asking	$727	—	—
2473 Lazio Lane 3 bd · 2 ba · 1,500 sqft
3291 Mockingbird Common 3 bd · 2 ba · 2,000 sqft
2408 Nichols Drive 3 bd · 1 ba · 1,100 sqft
2455 New Wood Drive 3 bd · 2 ba · 1,100 sqft
2421 Shadow Court 3 bd · 3 ba · 1,500 sqft
211 Squire Crescent 3 bd · 3 ba · 2,000 sqft

2473 Lazio Lane
3 bd · 2 ba · 1,500 sqft
3291 Mockingbird Common
3 bd · 2 ba · 2,000 sqft
2408 Nichols Drive
3 bd · 1 ba · 1,100 sqft
2455 New Wood Drive
3 bd · 2 ba · 1,100 sqft
2421 Shadow Court
3 bd · 3 ba · 1,500 sqft
211 Squire Crescent
3 bd · 3 ba · 2,000 sqft

Living in Oakville: Location & Amenities

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

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How long is your commute?

From 541 Sixteen Mile Dr. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 541 Sixteen Mile Dr

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

Mortgage: $5,355; 20% down · 25 years · 5.5% assumed
Property tax: $600; 0.66% mill rate · ON
Total per month: $5,955; Before utilities, insurance and fees

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

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Monthly cost

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Down payment

Rate (%)

Years

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

Affordability calculator

Estimated monthly payment

$5,355

/mo

based on the purchase price of $1,090,000

Down payment20%

$218,000 cash

Amortization25 yr

$872,000 financed

Rate5.50%

$734,453 total interest

Principal54%$872,000

Interest46%$734,453

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 PropTx 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 PropTx 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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Listing brokerage: RE/MAX ABOUTOWNE REALTY CORP., BrokerageMLS® W13877752 · Listing data last updated October 8, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

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 PropTx, 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.

For sale· listed Oct 7· $727/sq ft

Estimated monthly mortgage$5,355/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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541 Sixteen Mile Dr, Oakville

What you should know