1143 RIVERBANK Way

FOR SALE
$4,188,000
1143 RIVERBANK Way, Oakville
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4 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
15 + 5
ROOMS
W10432076
MLSID
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Property Description
Welcome to the serene, gated-style community of Valleyview Estates, where tree-lined streets, verdant parks, and trails along Sixteen Mile Creek create an idyllic retreat. Enjoy a stroll to local restaurants and boutiques, or access nearby amenities like Sixteen Mile Sports Complex, Oakville Trafalgar Memorial Hospital, and the Uptown Core. Commuters will appreciate proximity to highways and the GO Train Station.This Markay architectural masterpiece sits on a mature, wooded 60' x 225' lot backing onto Sixteen Mile Creek. Expert landscaping by Edengrove enhances the property with majestic trees, lush gardens, and a beautifully designed interlocking stone driveway leading to a heated 3-car garage. SmartWater irrigation and sophisticated lighting maintain the grounds' vibrancy, while a premium sound system adds ambiance. The private backyard oasis features a Gunite saltwater pool, sheer descent waterfall, diving rock, and integrated hot tub. A covered terrace with cedar ceilings, sound system, and soft lighting complements a custom gazebo with a fire pit, creating the ultimate outdoor haven for relaxation and entertainment. Inside, this luxurious residence offers 4+1 bedrooms, 4.5 bathrooms, and 4,817 sq. ft. of living space, plus a 1,955 sq. ft. walk-up basement. Highlights include soaring ceilings, custom cabinetry, coffered ceilings, hardwood flooring, and four gas fireplaces. A custom Irpinia kitchen boasts granite counters, dual islands, and top-tier appliances. Recent updates include a re-shingled roof, upgraded furnaces, a SubZero fridge, and fresh broadloom in key areas. The second floor features a primary suite with a walk-in closet, sitting area with a fireplace, and a spa-like ensuite. The basement offers a recreation room, home theatre, gym, office, and guest suite, all with walkout access to the backyard paradise. This exceptional home combines refined elegance, modern comfort, and the tranquility of nature.
Nearby Intersections
Property Features
Golf, Hospital
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
60' x 226'
Acreage
< .50
Fronting
West
Taxes
$17,825 (2024)
Basement
Finished, Walk-Up
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
8
Driveway
Other
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain19.59' x 13.25'
FamilyMain17.49' x 16.83'
KitchenMain19.75' x 16.08'
BreakfastMain10.40' x 9.91'
DiningMain13.75' x 16.83'
MudroomMain4.99' x 7.51'
Library2nd11.68' x 13.16'
Prim Bdrm2nd17.91' x 17.26'
Br2nd12.93' x 12.93'
Br2nd16.01' x 14.50'
Oakville Market Statistics
Oakville Price Trend
1143 RIVERBANK Way is a 4-bedroom 5-bathroom home listed for sale at $4,188,000, which is $1,972,914 (89.1%) higher than the average sold price of $2,215,086 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 4 bedroom home in Oakville increased by $285,080 (14.8%) compared to the previous 30 day period (September 24 - October 23) and up $295,106 (15.4%) from the same time one year ago.
Inventory Change
There were 211 4-bedroom homes listed in Oakville over the last 30 days (October 24 - November 22), which is up 30.2% compared with the previous 30 day period (September 24 - October 23) and up 66.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Oakville typically sold ($69,800) (3.2%) below asking price over the last 30 days (October 24 - November 22), which represents a $6,565 increase compared to the previous 30 day period (September 24 - October 23) and ($54,876) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Oakville over the last 30 days (October 24 - November 22) stood at 43.6%, down from 46.9% over the previous 30 days (September 24 - October 23) and up from 39.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Oakville stood at 26 days when successfully sold over the last 30 days (October 24 - November 22), compared to 60 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Aboutowne Realty Corp., Brokerage
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