1186 Lakeshore Rd W

FOR SALE
$2,499,000
1186 Lakeshore Rd W, Oakville
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
1186 Lakeshore Rd W
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
10 + 2
ROOMS
W8479080
MLSID
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Property Description
Calling all buyers, builders, renovators, and everyone in between! Welcome to 1186 Lakeshore Rd. W., an exceptional Oakville mid-century modern property just waiting for you to make it your own. Positioned along prestigious Lakeshore Road West, yet with a massive private driveway that fronts on quiet and quaint Wolfdale Avenue, this home gives you the best of all worlds and offers a unique opportunity for renovation enthusiasts and custom home builders alike. The current residence showcases classic mid-century modern architecture with it's split-level layout, vaulted ceilings, and attractive window placement. This coveted architectural style provides a solid foundation for those looking to renovate and restore this home's distinctive charm while incorporating modern amenities and personal touches. Alternatively, the large corner lot and sought-after location in one of Oakville's most desirable neighbourhoods present an ideal canvas for building a brand-new custom home tailored to your unique vision - just look around and see what the neighbours have done! Whether renovating or building anew, this property promises the opportunity to create a one-of-a-kind living space in the best neighbourhood Oakville has to offer. Oakville itself is celebrated for its peaceful atmosphere, excellent schools, and convenient access to urban amenities, restaurants, and more, all while being a convenient drive or GO train ride away from downtown Toronto - perfect for when you need to head to the office, a concert, the airport, and more. Explore the unlimited potential of 1186 Lakeshore Rd. W. and seize the opportunity to reimagine this iconic mid-century modern property into your family's dream home.
Property Details
Community
Property Type
Detached, Sidesplit 4
Lot Size
173' x 132'
Fronting
South
Taxes
$9,279 (2024)
Basement
Full, Part Fin
Exterior
Brick, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
10
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerMain3.94' x 7.87'Tile Floor, W/O To Yard, Vaulted Ceiling
SittingMain22.31' x 11.48'Tile Ceiling, W/O To Yard, Window
LaundryMain8.33' x 13.19'Tile Floor, Laundry Sink, Window
Kitchen2nd11.81' x 16.47'Hardwood Floor, Window, French Doors
Dining2nd9.88' x 11.78'Broadloom, Vaulted Ceiling, Fireplace
Living2nd12.50' x 21.00'Broadloom, Vaulted Ceiling, Fireplace
Prim Bdrm3rd12.70' x 12.50'Broadloom, 3 Pc Ensuite, Window
2nd Br3rd10.10' x 16.21'Broadloom, Closed Fireplace, Window
3rd Br3rd10.10' x 13.78'Broadloom, Closet, Window
4th Br3rd10.37' x 8.50'Broadloom, Closet, Window
FamilyBsmt12.50' x 21.00'Broadloom, Fireplace, Window
UtilityBsmt9.48' x 29.49'Concrete Floor, Window, Unfinished
Oakville Market Statistics
Oakville Price Trend
1186 Lakeshore Rd W is a 4-bedroom 3-bathroom home listed for sale at $2,499,000, which is $659,729 (35.9%) higher than the average sold price of $1,839,271 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 4 bedroom home in Oakville declined by $165,357 (8.2%) compared to the previous 30 day period (July 9 - August 7) and down $230,158 (11.1%) from the same time one year ago.
Inventory Change
There were 127 4-bedroom homes listed in Oakville over the last 30 days (August 8 - September 6), which is down 2.3% compared with the previous 30 day period (July 9 - August 7) and up 17.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Oakville typically sold ($51,451) (2.8%) below asking price over the last 30 days (August 8 - September 6), which represents a $5,900 increase compared to the previous 30 day period (July 9 - August 7) and ($84,308) more 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 (August 8 - September 6) stood at 60.6%, up from 46.2% over the previous 30 days (July 9 - August 7) and up from 59.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Oakville stood at 25 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 Connect Realty
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