1065 Summit Ridge Dr

FOR SALE
$2,800,000
1065 Summit Ridge Dr, Oakville
1065 Summit Ridge Dr
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4 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
10
ROOMS
W9303511
MLSID
Contact Us
Property Description
Welcome to this ultimate, executive, family home in West Oak Trails. With its flourishing basement it's over 5600 sqft! Just a few steps away from 16 Mile Creek & it's network of parks/trails/ravines. It's a mere 5 min drive to the Glen Abbey PGA Golf Course & Club! The grand, luxurious foyer is most inviting w it's +20ft ceiling. This elegantly renovated open concept home w sophisticated finishings is a dream for an entertaining, executive family. It boasts home ownership pride w it's oak hardwood flooring, crown molding, wainscotting, pot lights, heated bathroom flooring, California Shutters & oversized windows throughout. Top Notch Cabinets fine workmanship is evident w all the built-in cabinetry in the kitchen, family rm, laundry rm & 2nd bdrm. The professionally landscaped gardens,pool & patio area is quite divine & will carry you away to another world! Parking for a large family never an issue w the 3 car garage & 6 car driveway hence 9 parking spots in total! What are you waiting for?
Extras
Includes: All Pool Equipment, Irrigation System, Garage Door Opener & Remotes, Awning, Treadmill,All Custom Built-In Cabinetry by Top Notch Cabinets (custom cushions breakfast & 2nd Bd). All Electrical Light Fixtures, All Window Coverings.
Nearby Intersections
Property Features
Golf, Grnbelt/Conserv, Hospital, Park, Place Of Worship, School
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
65' x 118'
Fronting
North
Taxes
$11,420 (2024)
Basement
Finished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
6
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain11.48' x 17.91'Hardwood Floor, Crown Moulding, Large Window
DiningMain14.17' x 16.93'Hardwood Floor, Crown Moulding, Large Window
KitchenMain16.99' x 13.02'B/I Appliances, Centre Island, Large Window
BreakfastMain13.78' x 9.51'W/O To Deck, Pot Lights, Large Window
FamilyMain17.81' x 14.30'Hardwood Floor, Gas Fireplace, B/I Bookcase
DenMain14.24' x 8.60'Hardwood Floor, Pot Lights, Large Window
Prim Bdrm2nd17.85' x 20.73'Hardwood Floor, French Doors, 6 Pc Ensuite
2nd Br2nd17.81' x 21.29'Hardwood Floor, B/I Closet, 3 Pc Ensuite
3rd Br2nd13.68' x 18.70'Hardwood Floor, California Shutters, Large Window
4th Br2nd14.93' x 12.66'Hardwood Floor, California Shutters, 4 Pc Ensuite
5th BrBsmt13.78' x 11.45'Broadloom, Double Closet, Window
RecBsmt14.07' x 38.45'Broadloom, French Doors, Window
Oakville Market Statistics
Oakville Price Trend
1065 Summit Ridge Dr is a 4-bedroom 5-bathroom home listed for sale at $2,800,000, which is $715,860 (34.3%) 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 5-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 Royal Lepage Signature Realty
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