
538 Fourth Line
Oakville (West), ON L6L 5A8
- 3+2Bedrooms
- 3Bathrooms
- 1Garage
- 700–1100Sq Ft
- $5,817Tax
- 60×273 ftLot Size
- Estimated Value:$1,010,564See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 538 Fourth Line, Oakville, West
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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.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $850,000 over $500K
$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 |
Land Transfer Tax
$23,475
$23,475
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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