1017 Oak Meadow Rd

FOR SALE
$1,948,000
1017 Oak Meadow Rd, Oakville
1017 Oak Meadow Rd
1017 Oak Meadow Rd
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4 + 2
BEDROOMS
4
BATHROOMS
1
KITCHENS
10 + 4
ROOMS
W9263612
MLSID
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Property Description
Welcome to a magnificent home in the coveted Glen Abbey community. Built by renowned Arthur Blakely for luxury and leisure living. The expansive foyer is complemented by a front door with sidelites, hardwood floors, a spacious closet, and an elegant, curved hardwood staircase. Immediately to the right, you enter through French doors into a charming living room with expansive windows overlooking the beautifully curated greenery of the front yard. This room is open to the dining room making it convenient for large gatherings. The dining room features traditional Wainscot wood panelling, crown moulding, a modern chandelier, and another expansive window overlooking the delightful backyard garden. The dining room conveniently leads to the kitchen and breakfast nook where your will find hardwood flooring, custom cabinetry, tray ceiling, stainless steel appliances, and two expansive windows overlooking the backyard. The kitchen also features a sliding door leading to the backyards wooden deck and pergola, as well as access to the family room, which is distinctive with a built-in wood burning fireplace featuring a raised hearth, access to both the backyard and the foyer. Keeping with the natural light theme of the home, this room also features large sliding glass doors overlooking the majestic backyard.The curved hardwood staircase leads to an upper level that includes 4 bedrooms, including a primary bedroom overlooking the backyard featuring an accent wall, a spacious walk-in closet, and a 5-piece ensuite. The floor also includes a 4-piece bathroom with an exceptional vaulted design. The lower level has a spacious rec room with another wood-burning fireplace featuring a brick mantel. It also contains two more bedrooms that may also be used as office space. There is a 4-piece washroom conveniently located close to the bedrooms. Close to top schools, 2 golf courses, Sixteen Mile Creek, Lions Valley Park, and walking trails. A beautiful home you can not miss.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-06-30 2020-07-08 7 $1,298,000 $1,298,000 Sold
Property Features
Golf, Library, Park, Public Transit, School
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
60' x 120'
Acreage
< .50
Lot Irregularities
59.84' x 121.95' x 45.64' x 120.25'
Fronting
East
Taxes
$6,860 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain12.01' x 12.34'
BreakfastMain8.01' x 12.01'
BreakfastMain8.01' x 12.01'
LivingMain11.68' x 18.57'
DiningMain11.68' x 12.60'
FamilyMain11.25' x 16.77'
Prim Bdrm2nd12.01' x 17.32'
2nd Br2nd11.52' x 12.76'
3rd Br2nd10.83' x 12.34'
4th Br2nd10.83' x 10.93'
RecBsmt20.01' x 25.33'
BrBsmt11.09' x 25.43'
Oakville Market Statistics
Oakville Price Trend
1017 Oak Meadow Rd is a 4-bedroom 4-bathroom home listed for sale at $1,948,000, which is $141,238 (7.8%) higher than the average sold price of $1,806,762 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 4 bedroom home in Oakville declined by $93,630 (4.9%) compared to the previous 30 day period (July 17 - August 15) and down $231,133 (11.3%) from the same time one year ago.
Inventory Change
There were 160 4-bedroom homes listed in Oakville over the last 30 days (August 16 - September 14), which is up 39.1% compared with the previous 30 day period (July 17 - August 15) and up 6.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Oakville typically sold ($54,166) (3.0%) below asking price over the last 30 days (August 16 - September 14), which represents a $118 decrease compared to the previous 30 day period (July 17 - August 15) and ($48,824) 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 (August 16 - September 14) stood at 41.9%, down from 60.9% over the previous 30 days (July 17 - August 15) and up from 41.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Oakville stood at 23 days when successfully sold over the last 30 days (August 16 - September 14), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Miller Real Estate Ltd.
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