Was listed for:Expired 27 days ago
$1,399,900

523 Terrace Way

Oakville (Sixteen Hollow), ON L6M 1N5

Freehold Townhouse ExpiredNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

This listing has ended. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for 523 Terrace Way, Oakville, Sixteen Hollow

2026-06-03
2026-09-30
Expired
Price
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MLS#
w13234472

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About 523 Terrace Way, Oakville, Sixteen Hollow

Summarized Description

  • Spacious 4 bedroom, 3+1 bathroom townhome
  • High end finishes and extensive upgrades
  • Custom built wall unit and gas fireplace
  • Redesigned kitchen with oversized island
  • Luxurious primary suite with 5 piece ensuite
  • Finished basement with recreation room
  • Private outdoor space with interlock patio
  • Located near top rated schools and parks

Welcome to 523 Terrace Way, an executive end unit townhome by Rosehaven Homes showcasing high end finishes, extensive upgrades & stylish design throughout. With 2,336 sq ft plus a finished basement, this spacious 4 bedroom, 3+1 bathroom home delivers the perfect blend of luxury, functionality & family living in a welcoming Oakville neighbourhood close to top rated schools, the Sixteen Mile Sports Complex, scenic trails, parks & convenient 407 access. The bright main floor features hardwood floors, 9 ft ceilings, custom zebra blinds, upgraded light fixtures & a stunning living room highlighted by a custom built wall unit & gas fireplace. The beautifully redesigned kitchen is a standout feature with ceiling height cabinetry, stainless steel appliances, an oversized island & a spacious eat-in area ideal for everyday living & entertaining. Main floor laundry with granite counters & inside garage access add convenience to busy family life. Upstairs, the generous primary suite provides a peaceful retreat with a walk-in closet & luxurious 5 piece ensuite featuring double sinks with granite countertops, soaker tub & separate glass shower. Three additional bedrooms provide exceptional flexibility, including one bedroom with a cathedral ceiling, oversized window & bonus sitting or study area, while another bedroom is enhanced by a custom upgraded bay window that fills the space with natural light. A beautifully finished 4 piece bathroom with granite countertops completes the upper level. The finished basement extends the living space with a large recreation room, renovated 3 piece bathroom with granite countertops & versatile den perfect for a home office, guest room, gym or hobby space. Outside, enjoy a private interlock patio & custom built garden shed, creating an inviting outdoor space for relaxing, entertaining & making lasting family memories. A rare opportunity to enjoy turnkey living with exceptional upgrades, generous living space & an outstanding Oakville location.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$6,228
Land Transfer Tax Fee
$24,473

Rental Items

Rental Equipment
Hot Water Heater
Under Contract
Hot Water Heater

Basement Type
Full, Finished

Interior Features

Laundry Level
Main Level
Interior Extras
Auto Garage Door Remote
View
Garden
Fireplace/Stove
Yes
Fireplace Features
Family Room, Natural Gas
Elevator
No

Exterior Features

Exterior Extras
Patio
Pool
None
Property Features
Fenced Yard, Park, Place Of Worship, School
Accessibility Features
Open Floor Plan
Other Structures
Shed

Building

Building Type
Freehold Townhouse
Building Style
2-Storey
Approx Age
6-15

Construction

Exterior Finish
Brick, Stone
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
30.18 ft
Lot Depth
88.58 ft
Lot Shape
Rectangular

Inclusions

Inclusions
All window coverings, all electrical Light fixtures, Fridge, Stove, Dishwasher, Washer, Dryer, GDO, Shed

Parking & Garages

Garage Type
Attached
Garage Spaces
1
Parking Spaces
1
Total Garage And Parking Spaces
2

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Available
Telephone
Available

Bedrooms
4
Washrooms
4
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Living Room—
    Main level, Hardwood Floor
  • Dining Room—
    Main level, Hardwood Floor
  • Kitchen—
    Main level, W/O To Deck
  • Family Room—
    Main level, Hardwood Floor, Fireplace
  • Primary Bedroom—
    Second level, 5 Pc Ensuite, Coffered Ceiling(s)
  • Bedroom 2—
    Second level
  • Bedroom 3—
    Second level
  • Bedroom 4—
    Second level
  • Recreation—
    Basement level
  • Other—
    Basement level
  • Utility Room—
    Basement level

Washrooms

  • 2-piece, Main
  • 5-piece, Second
  • 4-piece, Second
  • 3-piece, Basement

Municipality
Oakville
Neighbourhood
Sixteen Hollow
Main cross streets
Fourth Line/Terrace Way
Zoning
NUC-25
Directions
Burnhamthorpe/4th Line/Terrace Way

MLS® number
W13234472
Data source
Toronto Regional Real Estate Board
Status change
2026-09-30
Listed on
2026-06-03
Days on market
119 days
Possession type
Flexible
Co-op commission
2.5%+hst (see Offer remarks)
Seller
Listed by
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Home Market Value

Current home valuation for 523 Terrace Way, Oakville, Sixteen Hollow, Oakville, ON. Listed for $1,399,900

HOMEH Estimate

?

$1,202,740

Estimated Sales Range

?

$950,165 - $1,455,315

HOMEH Estimate for 523 Terrace Way, Oakville, Sixteen Hollow

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,202,740Medium confidence
Based on 3 comparable properties
+ $197,160 (16%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Oakville, ON
Minimum Down Payment Required:8.2%

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Minimum down payment

$114,990

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Land Transfer Tax

Provincial

$24,473

Total Land Transfer Tax

$24,473

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