1031 Lakeshore Rd W

FOR SALE
$5,490,000
1031 Lakeshore Rd W, Oakville
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
1031 Lakeshore Rd W
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4 + 1
BEDROOMS
7
BATHROOMS
1
KITCHENS
9 + 3
ROOMS
W9510639
MLSID
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Property Description
Welcome to your dream home in southwest Oakville. This stunning, custom-built, classic home perfectly blends elegance, comfort, and modern design. Nestled on a premium lot 95x180 Feet in one of Oakville's most popular neighborhoods, this home boasts 4+1 bedrooms, 6 bathrooms, a circular, driveway, two furnaces, and hot water tanks. Heated floor in master ensuite and basement floor. and an open-concept layout that floods the home with natural light. The gourmet kitchen features top-of-the-line appliances, custom cabinetry, and a spacious island, perfect for entertaining. The primary suite offers a serene retreat with a spa-like ensuite, and a walk-in closet fit for a celebrity. Enjoy a pool-size backyard and walk to Appleby College, parks, and amenities.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-06-20 2023-07-25 35 $11,900 - Terminated
2020-11-25 2021-02-01 68 $9,500 $9,000 Leased
2019-06-13 2019-07-19 39 $9,500 $9,300 Leased
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
95' x 180'
Fronting
South
Taxes
$20,212 (2024)
Basement
Finished
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
12
Driveway
Circular
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
DiningGround16.01' x 18.41'
KitchenGround16.01' x 19.26'
FamilyGround15.42' x 22.34'
OfficeGround12.66' x 12.24'
Prim Bdrm2nd13.85' x 18.18'
2nd Br2nd8.23' x 9.32'
3rd Br2nd16.17' x 19.42'
4th Br2nd14.24' x 17.59'
BrBsmt15.49' x 21.75'
RecBsmt13.42' x 19.49'
Media/EntBsmt49.21' x 65.62'
BathroomBsmt19.69' x 19.69'
Oakville Market Statistics
Oakville Price Trend
1031 Lakeshore Rd W is a 4-bedroom 7-bathroom home listed for sale at $5,490,000, which is $3,405,860 (163.4%) higher than the average sold price of $2,084,140 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in Oakville increased by $158,835 (8.2%) compared to the previous 30 day period (September 21 - October 20) and up $216,052 (11.6%) from the same time one year ago.
Inventory Change
There were 219 4-bedroom homes listed in Oakville over the last 30 days (October 21 - November 19), which is up 25.9% compared with the previous 30 day period (September 21 - October 20) and up 72.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Oakville typically sold ($70,561) (3.4%) below asking price over the last 30 days (October 21 - November 19), which represents a $1,418 decrease compared to the previous 30 day period (September 21 - October 20) and ($46,722) 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 21 - November 19) stood at 43.8%, up from 38.5% over the previous 30 days (September 21 - October 20) and up from 35.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 7-bathroom home in Oakville stood at 27 days when successfully sold over the last 30 days (October 21 - November 19), compared to 63 days before being removed from the market upon being suspended or terminated.
Listing contracted with Bay Street Group Inc.
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