121 South Forster Park Dr

FOR SALE
$1,289,900
121 South Forster Park Dr, Oakville
121 South Forster Park Dr
121 South Forster Park Dr
121 South Forster Park Dr
121 South Forster Park Dr
121 South Forster Park Dr
121 South Forster Park Dr
121 South Forster Park Dr
121 South Forster Park Dr
121 South Forster Park Dr
121 South Forster Park Dr
121 South Forster Park Dr
121 South Forster Park Dr
121 South Forster Park Dr
121 South Forster Park Dr
121 South Forster Park Dr
121 South Forster Park Dr
121 South Forster Park Dr
121 South Forster Park Dr
121 South Forster Park Dr
121 South Forster Park Dr
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
7 + 3
ROOMS
W9354496
MLSID
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Property Description
Centrally located, 121 South Forster Park Drive presents a unique opportunity in a highly desirable South Oakville community. Backing onto South Forster Park, this centrally located side-split home boasts over 1,900 square feet of total living space, providing a solid foundation for a renovation project. Alternatively, the generous 7,800+ square-foot, treed lot offers significant potential for new construction, with the RL4-0 zoning allowing for over 3,000 square feet of gross floor area and up to 35% lot coverage.An ideal location within the West River neighbourhood, surrounded by multi-million dollar homes. With South Forster Park in your backyard, and Kerr Village and Downtown Oakville just minutes away, this vibrant neighbourhood offers countless amenities, including newly built community centres, convenient access to GO Transit, and proximity to the QEW. Please note that this property is being sold as-is, providing a blank canvas, whether looking to renovate the existing home or build a new one.
Property Details
Community
Property Type
Detached, Sidesplit 3
Lot Size
83' x 123'
Lot Irregularities
132' west side depth; 41' width at back
Fronting
North
Taxes
$5,634 (2024)
Basement
Finished
Exterior
Brick, Stone
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
LivingMain12.20' x 20.73'
DiningMain10.20' x 9.78'
KitchenMain9.88' x 13.45'
Prim BdrmUpper11.68' x 15.75'
2nd BrUpper9.78' x 11.91'
3rd BrUpper11.12' x 8.79'
FamilyIn Betwn15.35' x 16.34'
RecLower10.70' x 16.08'
OtherLower11.81' x 13.98'
UtilityLower11.81' x 9.22'
Oakville Market Statistics
Oakville Price Trend
121 South Forster Park Dr is a 3-bedroom 2-bathroom home listed for sale at $1,289,900, which is $202,060 (13.5%) lower than the average sold price of $1,491,960 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom home in Oakville increased by $119,495 (8.7%) compared to the previous 30 day period (July 20 - August 18) and up $15,351 (1.0%) from the same time one year ago.
Inventory Change
There were 94 3-bedroom homes listed in Oakville over the last 30 days (August 19 - September 17), which is up 44.6% compared with the previous 30 day period (July 20 - August 18) and up 38.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Oakville typically sold ($67,376) (4.5%) below asking price over the last 30 days (August 19 - September 17), which represents a $15,247 decrease compared to the previous 30 day period (July 20 - August 18) and ($15,157) 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 19 - September 17) stood at 54.3%, down from 89.2% over the previous 30 days (July 20 - August 18) and down from 60.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Oakville stood at 30 days when successfully sold over the last 30 days (August 19 - September 17), compared to 53 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sotheby's International Realty Canada
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