117 Watson Ave
Old Oakville, Oakville, L6J 3T5
FOR SALE
$2,998,000
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Property Description
Welcome to 117 Watson Avenue, a rare gem in old Oakville, where you have the unique opportunity to choose your ideal living situation. This charming bungalow, known as "A Hobbit Hollow," sits on a hard-to-find 75x150 lot, providing two exceptional options for your lifestyle. **Option One: Live in the Existing Bungalow** Spanning over 3,700 sq. ft., this home seamlessly blends luxurious living with environmental consciousness. Designed by renowned landscape architect Marius de Bruyn, it features mature perennial gardens that require minimal maintenance, allowing you to enjoy the serene beauty right outside your window. With a spacious layout that includes a separate entrance apartment, oversized garage, and a sunlit great room with clerestory windows and a chef's kitchen, this home offers comfort and charm. The captivating outdoor oasis, complete with a cloister and beautifully designed garden, adds to the inviting ambiance, making it perfect for relaxation and entertaining. **Option Two: Build Your Dream Home** For those envisioning a custom residence, the generous 75x150 lot provides the perfect canvas to create your dream home. Imagine designing a space that reflects your personal style while enjoying the prime location just steps from downtown Oakville, the serene lake, and the Oakville Club. With ample space, the possibilities are endless for crafting a luxurious sanctuary tailored to your needs. Seize this rare opportunity to choose between two exceptional living options at 117 Watson Avenue, where nature and potential coexist in perfect harmony. Your dream lifestyle awaits!Concept plans for a home approximately 3800sqft created by Bill Hicks and rendering by Taos and Co.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-08-15 | 2024-11-30 | 107 | $3,299,000 | - | Terminated |
Property Features
Lake/Pond, Library, Park, Public Transit, School, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
3500-5000
Lot Size
75' x 150'
Fronting
East
Taxes
$13,258 (2024)
Basement
None
Exterior
Brick Front, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Private
Garage Type
Built-In
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 16.83' x 23.43' | |
Dining | Main | 11.25' x 10.24' | |
Kitchen | Main | 17.85' x 16.24' | |
Family | Main | 20.18' x 18.50' | |
Br | Main | 15.85' x 12.07' | |
Br | Main | 13.58' x 11.42' | |
Prim Bdrm | Main | 14.01' x 15.68' | |
Rec | Lower | 19.59' x 25.49' | |
Br | Lower | 13.42' x 11.25' | |
Br | Lower | 11.42' x 9.74' | |
Den | Lower | 13.16' x 9.58' | |
Workshop | Lower | 13.85' x 10.99' |
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Oakville Market Statistics
Oakville Price Trend
117 Watson Ave is a 3-bedroom 3-bathroom home listed for sale at $2,998,000, which is $1,429,179 (91.1%) 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 Royal Lepage Real Estate Services Phinney Real Estate
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