Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of Morrison. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $5,988,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
A rare offering in prestigious Southeast Oakville, 7 Colonial Crescent presents an exceptional bungaloft estate on a remarkable 0.64-acre (27,469 square feet) property south of Lakeshore Road. Encompassing over 4,300 sq ft above grade, plus a partially finished lower level, this 5-bedroom, 2.5-bath residence was masterfully redesigned by Gren Weis in 2001. This home offers endless potential- move in and enjoy or renovate / build. The main level-spanning over 3,000 sq ft-showcases grand principal rooms, hardwood flooring, 3 fireplaces, and an abundance of natural light. A beautifully appointed eat-in kitchen features a generous island, premium stainless steel appliances, and seamless access to a private, pool-sized backyard. The main floor also includes a living room, dining room, family room, laundry room and sunroom! The primary bedroom includes a 5-piece ensuite and walk-in closet. The 2nd level of the home includes 3 large bedrooms and a 4-piece bathroom. The lower level adds versatility with a large rec room, gas fireplace, workshop, garage access and ample storage. The exterior of the home features a double wide driveway with parking for 12 vehicles, a 2-car garage and professional landscaping with an irrigation system. The backyard offers full privacy, beautiful mature trees, a large deck and stone patio. Located steps away from Lake Ontario and Gairloch Gardens- close proximity to top schools and all that downtown Oakville has to offer! Luxury Certified.
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This detached home located at 7 Colonial Crescent, Oakville is currently for sale and has been available on SousaSells for 92 days. This property is listed at $5,988,000 with an estimated mortgage of $19,932* per month. It has 4 beds, 3 bathrooms, and is 3500-5000 square feet. 7 Colonial Crescent, Oakville is in the Morrison neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Morrison, Oakville.
Growing families needing multi-bedroom flexibility and space in Morrison, Oakville.
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The current listing price for 7 Colonial Crescent, Oakville, ON in Morrison, Oakville is $5,988,000.
This property features 4 bedrooms and 3 bathrooms across approximately 3500-5000 sqft.
7 Colonial Crescent, Oakville, ON is a Detached (Bungaloft) featuring a Full basement.
Interior highlights include: Other.
Yes, this property offers parking space for 14.0 vehicles (Attached).
Heating is provided via Gas and cooling via Central Air.
Morrison, Oakville
2 assaults (22.2/100k)
4 B&E (44.4/100k)
6 thefts (66.7/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 7 Colonial Crescent, Oakville, ON L6J 4K8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Oakville.
About Purchasing a Home in Oakville, ON
For a property listed at $5,988,000 in Oakville, the legal minimum down payment is $1,197,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $136,175 for this transaction. As this listing is in Oakville (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $136,175.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Morrison, Oakville.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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