1223 Redbank Cres

FOR SALE
$999,900
1223 Redbank Cres, Oakville
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
7 + 4
ROOMS
W11977424
MLSID
Contact Us
Property Description
Welcome to College Park, one of Oakville's most sought-after neighbourhoods! This solid brick detached bungalow sits on a premium 122' deep corner lot, offering endless potential. Family owned since 1967, this home is filled with character, featuring over 1350 total sqft, original hardwood floors, 3-bedroom, 1-bath layout with separate living/dining areas. While updates are needed, key improvements have already been made, including a new roof'24, furnace 22. The fully fenced backyard with an exposed aggregate patio is perfect for summer entertaining. Living in College Park, Oakville, means you're steps from top-rated schools, Sheridan College, Oakville Place, parks, trails, and Oakville Golf Club. Plus quick access to the QEW and GO Train.
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
63' x 122'
Acreage
< .50
Fronting
East
Taxes
$4,310 (2024)
Basement
Part Fin, Walk-Up
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain12.70' x 24.90'
DiningMain8.01' x 10.01'
KitchenMain11.61' x 11.81'
BrMain9.81' x 12.80'
2nd BrMain8.10' x 11.81'
3rd BrMain8.20' x 9.91'
BathroomMain7.19' x 6.99'4 Pc Bath
RecBsmt10.10' x 30.61'
UtilityBsmt10.50' x 20.01'
OtherBsmt10.50' x 20.01'
OtherBsmt10.10' x 12.80'
Oakville Market Statistics
Oakville Price Trend
1223 Redbank Cres is a 3-bedroom 1-bathroom home listed for sale at $999,900, which is $568,921 (36.3%) lower 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 1-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 Golfi Realty Inc.
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