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BEDROOMS6
BATHROOMS1
KITCHENS11 + 3
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Property Description
This exquisite family home, designed by Gus Ricci, is situated on a tranquil street in the coveted Morrison neighborhood of South East Oakville. Its curb appeal is highlighted by Indiana limestone and a striking 8-foot Mahogany entry door. Inside, featuring large principal rooms and a grand two-storey foyer. The meticulous craftsmanship is evident in the custom millwork, oversized baseboards, and dark-stained white oak hardwood floors throughout. Both the family and living rooms are centered around beautiful fireplaces with custom limestone surrounds. An arched barrel vault entrance leads to a traditional dining room with a coffered ceiling and access to a spacious butlers pantry. The kitchen is equipped with top-of-the-line appliances, an oversized island with additional storage, and a breakfast area which walks out to a covered flagstone patio with pot-lights and a built-in speaker system. Expansive windows offer views of the professionally landscaped rear yard by Heather Alison. The main level also includes a home office and a clever mudroom with an additional powder room and interior access to garage equipped with electric charging station. The primary suite features a vaulted ceiling, a large walk-in closet, and a luxurious five-piece ensuite with an Oceania soaker tub, Rubinet faucets, heated floors, and an oversized shower with limestone tiles. The lower level includes a spacious recreation room, home theatre, a wine cellar, an additional bedroom or gym, and a striking wet bar with custom dark-stained cabinetry. The rear yard is perfect for entertaining, with an open bar/kitchenette with a cedar shake roof and built-in BBQ. A 20 x 20 cabana equipped with fireplace and TV/Audio systems, and ample patio space provide plenty of room for guests. Walking distance to Oakvilles top public and private schools like Linbrook and St Mildred's-Lightbourn, parks, and the lake. Welcome Home!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2022-10-19 | 2022-11-18 | 30 | $11,000 | $9,750 | Leased |
2021-07-29 | 2021-09-13 | 46 | $4,395,000 | $4,330,000 | Sold |
Extras
Fridge, Stove, Dishwasher, Laundry Washer/Dryer, Barbeque, All Elf & Window Coverings
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
100' x 152'
Acreage
< .50
Fronting
North
Taxes
$21,087 (2023)
Basement
Finished, Full
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
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Oakville Market Statistics
Oakville Price Trend
1227 Cleaver Dr is a 4-bedroom 6-bathroom home listed for sale at $5,390,000, which is $3,550,729 (193.1%) 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 6-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 Bay Street Group Inc.
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