11 Rayne Ave

FOR SALE
$1,648,000
11 Rayne Ave, Oakville
11 Rayne Ave
11 Rayne Ave
11 Rayne Ave
11 Rayne Ave
11 Rayne Ave
11 Rayne Ave
11 Rayne Ave
11 Rayne Ave
11 Rayne Ave
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11 Rayne Ave
11 Rayne Ave
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11 Rayne Ave
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11 Rayne Ave
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3 + 1
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
7 + 3
ROOMS
W9055156
MLSID
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Property Description
Experience LUXURY LIVING in this stunning Oakville neighborhood with TOP RATED SCHOOLS: White Oaks SS 8.6; Sunningdale PS 8.5; StMichael C ES 7.6; Du Chne 9.3; C Sainte-Marie 7.7; S Gatan Gervais 7.5. This extensively renovated home offers over 3000Sqft of Total Living Space! boasting 3+1 bedrooms & 3 full bathrooms. Situated on an large corner lot (60ft x 125ft) relish in unmatched privacy with limited neighboring properties. Step onto the large front porch & immerse yourself in the professionally redesigned open-concept main foor, with 9ft ceilings, gleaming hardwood foors, & recessed lighting throughout. The chef's kitchen stands as the centerpiece, featuring a generously sized induction cooktop island and premium Stainless Steel Kitchenaid built-in appliances. Retreat to the lavish primary bedroom ensuite, reminiscent of a spa-like oasis, complete with heated foors, a luxurious air jets soaker tub, and a spacious shower equipped with a linear drain. The basement presents an excellent opportunity for rental income or an in-law suite, offering a separate walk-up entrance, a bedroom, a full bathroom with heated foors, and a convenient kitchenette. A noteworthy addition to the main foor includes an oversized double car garage, aworkshop, and a dedicated art/hobby room, each equipped with its own independent heater. Outside, discover meticulously maintained perennial gardens adorned with a charming gazebo, flag stone pathways, and fourishing shrubs requiring minimal upkeep. The tranquil backyard is equipped with ambient lighting, and multiple patios for hosting gatherings. Enjoy the convenience of being mere steps away from Oakville Golf Club, a short stroll to Sheridan College, Oakville Place Shopping Mall, and the bustling Trafalgar Road with its array of shops, dining options, and amenities. For commuters, Oakville GO Train and QEW access are just a quick 5min drive away. Seize this extraordinary opportunity for upscale living at its finest!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-07 2024-07-25 48 $1,739,900 - Terminated
2024-04-26 2024-06-08 43 $1,799,900 - Terminated
2024-04-22 2024-04-26 4 $1,849,000 - Terminated
2024-04-10 2024-04-22 12 $1,649,000 - Terminated
2021-08-26 2021-08-30 5 $1,423,900 $1,702,000 Sold
Property Features
Fenced Yard, Golf, Park, Place Of Worship, Public Transit, School
Property Details
Street
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
60' x 125'
Acreage
< .50
Fronting
East
Taxes
$7,670 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Front Yard
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain8.76' x 17.26'Open Concept, Granite Counter, O/Looks Garden
Great RmMain18.01' x 19.85'Hardwood Floor, Pot Lights, Fireplace
FoyerMain10.24' x 10.66'Hardwood Floor
2nd Br2nd11.58' x 12.40'
3rd Br2nd10.43' x 15.58'
Prim Bdrm3rd14.01' x 21.10'Hardwood Floor, 5 Pc Ensuite
Sitting3rd1.84' x 17.42'Hardwood Floor, Electric Fireplace
FamilyLower11.68' x 20.01'Laminate, Fireplace
KitchenLower8.01' x 20.08'Large Window, Laminate, Walk-Out
4th BrBsmt10.66' x 19.26'Broadloom, 3 Pc Ensuite
LaundryBsmt10.07' x 8.50'
Oakville Market Statistics
Oakville Price Trend
11 Rayne Ave is a 3-bedroom 3-bathroom home listed for sale at $1,648,000, which is $151,750 (10.1%) higher than the average sold price of $1,496,250 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 3 bedroom home in Oakville increased by $99,104 (7.1%) compared to the previous 30 day period (July 9 - August 7) and up $27,002 (1.8%) from the same time one year ago.
Inventory Change
There were 82 3-bedroom homes listed in Oakville over the last 30 days (August 8 - September 6), which is up 32.3% compared with the previous 30 day period (July 9 - August 7) and up 46.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Oakville typically sold ($69,762) (4.7%) below asking price over the last 30 days (August 8 - September 6), which represents a $24,649 decrease compared to the previous 30 day period (July 9 - August 7) and ($14,969) 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 3-bedroom homes in Oakville over the last 30 days (August 8 - September 6) stood at 78.0%, up from 66.1% over the previous 30 days (July 9 - August 7) and up from 66.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Oakville stood at 26 days when successfully sold over the last 30 days (August 8 - September 6), compared to 51 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Real Estate Services Ltd.
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