111 Gloucester Ave
1013 - OO Old Oakville, Oakville, L6J 3W3
FOR SALE
$2,498,000
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Property Description
With its prime location in Old Oakville plus generous lot size and close proximity to downtown, it is easy to see why this gorgeous property is getting attention. The lot dimensions are a desirable 75.13ft frontage by 125.21ft depth, surrounded by tall, majestic trees that create a private and serene atmosphere. Just two houses up from Lakeshore Rd. E., easily walk into downtown Old Oakville and enjoy access to all the best shops, restaurants, and amenities, or, take an evening stroll to Oakville's stunning harbourfront and lakefront parks. This amazing property comes with a charming, 3-Bedroom, 3-Bathroom, 4-level side-split home. Built in 1967, this spacious home provides 3,048 sq.ft. of total living space (including a large solarium addition, overlooking the backyard), and offers tons of potential! The landscaped backyard features a heated inground pool and patio. The 2-car garage plus long double driveway are a bonus!
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Property Features
Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, Sidesplit 4
Lot Size
75' x 125'
Fronting
East
Taxes
$10,083 (2024)
Basement
Finished
Exterior
Brick, Metal/Side
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Family | Main | 12.07' x 18.41' | Walk-Out |
Living | 2nd | 14.24' x 19.91' | Electric Fireplace |
Kitchen | 2nd | 11.91' x 12.93' | |
Solarium | 2nd | 9.25' x 23.00' | Breakfast Area |
Dining | 2nd | 10.43' x 13.09' | Separate Rm |
Prim Bdrm | 3rd | 13.32' x 16.83' | 4 Pc Ensuite |
2nd Br | 3rd | 13.32' x 13.48' | |
3rd Br | 3rd | 10.07' x 12.24' | |
Rec | Lower | 17.09' x 20.83' | |
Laundry | Lower | 8.76' x 8.83' | |
Utility | Lower | 9.74' x 13.75' |
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Oakville Market Statistics
Oakville Price Trend
111 Gloucester Ave is a 3-bedroom 3-bathroom home listed for sale at $2,498,000, which is $929,179 (59.2%) higher than the average sold price of $1,568,821 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Oakville increased by $58,294 (3.9%) compared to the previous 30 day period (December 22 - January 20) and up $126,578 (8.8%) from the same time one year ago.Inventory Change
There were 77 3-bedroom homes listed in Oakville over the last 30 days (January 21 - February 19), which is up 60.4% compared with the previous 30 day period (December 22 - January 20) and up 42.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Oakville typically sold ($29,933) (1.9%) below asking price over the last 30 days (January 21 - February 19), which represents a $4,201 decrease compared to the previous 30 day period (December 22 - January 20) and ($15,718) 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 (January 21 - February 19) stood at 54.5%, up from 37.5% over the previous 30 days (December 22 - January 20) and down from 68.5% 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 14 days when successfully sold over the last 30 days (January 21 - February 19), compared to 72 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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