Sold for:Sold Sep 4, 2026
$1,350,000

538 Fourth Line

Oakville (West), ON L6L 5A8

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 538 Fourth Line, Oakville, West

2026-07-14
2026-09-04
Sold
Price
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MLS#
w13563852
2026-04-07
2026-04-26
Terminated
Price
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2025-04-13
2025-04-22
Suspended
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 538 Fourth Line, Oakville, West

Summarized Description

  • Rare 16,415 sq ft lot with RL3 zoning.
  • Potential for custom estate up to 12m high.
  • Meticulously renovated 5-bed, 3-bath bungalow.
  • Gourmet kitchen with quartz counters.
  • Separate entrance to bright lower level.
  • Steps from Lake Ontario and marinas.
  • Located in a top-tier school district.
  • Ideal for living, renting, or building.

Rare & Prestigious South Oakville Opportunity! Experience unmatched potential with this premium 16,415 sq ft western-exposure lot (273 ft deep) in a highly coveted neighborhood. Rare RL3 zoning permits building a 3-storey custom estate up to 12m high and over 17,000 sq ft-one of the last remaining oversized lots surrounded by newly built multi-million dollar mansions. The existing 5-bed, 3-bath raised bungalow has been meticulously stripped to the studs and transformed with master craftsmanship. Features a gourmet lacquer kitchen w/ quartz counters, porcelain finishes, & walk-out to a covered 16'4"x12'6" deck. Enjoy hardwood floors, crown molding, wainscoting, California shutters, & 2 electric fireplaces. The bright, above-grade lower level boasts a separate entrance, 2 bedrooms, rec room w/ wet bar & fireplace-ideal for in-laws or income. Complete with a new Lennox furnace, 200 Amp service, new windows/doors, and a detached tandem garage with a double turnaround driveway. Steps to Lake Ontario, marinas, GO Station, and Downtown Oakville. Top-tier school district: Ecole Pinegrove, St. Marys, St. Thomas Aquinas, and steps to Appleby College. LIVE IN, RENT, BUILD YOUR DREAM HOUSE!!!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,817
Land Transfer Tax Fee
$23,475

Rental Items

Rental Equipment
Hot Water Tank

Basement Type
Finished with Walk-Out

Interior Features

Interior Extras
Auto Garage Door Remote, Carpet Free, Other
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
Bungalow

Construction

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

Lot

Lot Front
60.00 ft
Lot Depth
273.00 ft

Exclusions

Exclusions
Tenant's personal furniture

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
6
Total Garage And Parking Spaces
7

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
3 + 2
Washrooms
3
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Bedroom—
    Basement level, California Shutters, Laminate
  • Living Room—
    Main level, California Shutters, Fireplace, Hardwood Floor
  • Room—
    Main level, California Shutters, Hardwood Floor
  • Kitchen—
    Main level, California Shutters, Hardwood Floor
  • Dining Room—
    Main level, California Shutters, Hardwood Floor
  • Bedroom—
    Main level, California Shutters, Hardwood Floor
  • Family Room—
    Basement level, California Shutters, Laminate
  • Bedroom—
    Main level, California Shutters, Hardwood Floor
  • Bedroom—
    Basement level, California Shutters, Laminate

Washrooms

  • 4-piece, Main
  • 3-piece, Main
  • 3-piece, Basement

Municipality
Oakville
Neighbourhood
West
Main cross streets
4th Line/Rebecca
Directions
North of Rebecca, on the right side of 4th Line

MLS® number
W13563852
Data source
Toronto Regional Real Estate Board
Status change
2026-09-04
Listed on
2026-07-14
Days on market
52 days
Possession date
2026-09-01
Possession type
30-59 days
Co-op commission
2.5
Seller
Listed by
BAY STREET GROUP INC.

Home Market Value

Current home valuation for 538 Fourth Line, Oakville, West, Oakville, ON. Listed for $1,350,000

HOMEH Estimate

?

$1,010,564

Estimated Sales Range

?

$707,395 - $1,313,733

HOMEH Estimate for 538 Fourth Line, Oakville, West

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

$1,010,564Low confidence
Based on 15 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Oakville, ON
Minimum Down Payment Required:8.1%

5% on first $500K + 10% on $850,000 over $500K

Minimum down payment

$110,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$49,572$37,665$32,130$0
=Total mortgage
$1,288,872$1,252,665$1,179,630$1,080,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$6,293monthly$6,116monthly$5,760monthly$5,273monthly
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Land Transfer Tax

Provincial

$23,475

Total Land Transfer Tax

$23,475

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7/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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