1237 Old Colony Rd

FOR SALE
$2,329,000
1237 Old Colony Rd, Oakville
1237 Old Colony Rd
1237 Old Colony Rd
1237 Old Colony Rd
1237 Old Colony Rd
1237 Old Colony Rd
1237 Old Colony Rd
1237 Old Colony Rd
1237 Old Colony Rd
1237 Old Colony Rd
1237 Old Colony Rd
1237 Old Colony Rd
1237 Old Colony Rd
1237 Old Colony Rd
1237 Old Colony Rd
1237 Old Colony Rd
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1237 Old Colony Rd
1237 Old Colony Rd
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1237 Old Colony Rd
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1237 Old Colony Rd
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1237 Old Colony Rd
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5 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
10 + 2
ROOMS
W8233414
MLSID
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Property Description
Welcome to Old Colony! This executive 5-bedroom, fully renovated detached home sits at the tip of a premier street in prestigious Glen Abbey. The interlocked pathway leads to the grand French door main entrance. The bright living room features a bay window overlooking the landscaped front garden. The wainscoted dining room is perfect for family banquets. The large eat-in kitchen boasts granite countertops, a tile backsplash, and stainless steel appliances, including a brand new stove and fridge. Adjacent to the kitchen is a cozy breakfast area. The private family room, fitted with pot lights, overlooks the backyard garden. A large separate office with French doors and a big window offers a quiet workspace. The oakwood staircase, illuminated by a chandelier, leads to the 2nd floor with an excellent 5-bedroom floor plan. The huge master ensuite includes a spacious walk-in closet and a glass waterfall shower. Each bedroom is upgraded with hardwood floors. The recently finished basement(Y2022) features one bedroom and a spacious recreational area, as well as a full bathroom. Direct access to the garage is available from the laundry room. The double car garage is fitted with epoxy floor coatings with decorative flakes. The property is conveniently located 270m via trail to Pilgrim Wood Public School and a 12-minute walk via trail to Abbey Park High School. It's also just steps away from McCraney Creek Trail and Glen Abbey Trail.
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
56' x 119'
Fronting
East
Taxes
$7,513 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain11.61' x 18.50'Broadloom, Bay Window
DiningMain11.61' x 14.80'Broadloom
KitchenMain15.45' x 23.75'Stainless Steel Appl, Ceramic Back Splash, Breakfast Bar
FamilyMain11.55' x 19.32'Hardwood Floor, Fireplace, Pot Lights
OfficeMain10.33' x 11.48'Hardwood Floor, French Doors
Prim Bdrm2nd11.78' x 23.00'Hardwood Floor, 3 Pc Ensuite, W/I Closet
2nd Br2nd11.48' x 12.30'Hardwood Floor, Closet
3rd Br2nd11.81' x 15.42'Hardwood Floor, Closet
4th Br2nd11.48' x 17.32'Hardwood Floor, Closet
5th Br2nd8.50' x 11.55'Hardwood Floor
BrBsmt23.00' x 19.09'Laminate
RecBsmt30.18' x 44.29'Laminate
Oakville Market Statistics
Oakville Price Trend
1237 Old Colony Rd is a 5-bedroom 4-bathroom home listed for sale at $2,329,000, which is $666,555 (22.3%) lower than the average sold price of $2,995,555 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 5 bedroom home in Oakville increased by $478,222 (19.0%) compared to the previous 30 day period (March 2 - March 31) and up $484,461 (19.3%) from the same time one year ago.
Inventory Change
There were 24 5-bedroom homes listed in Oakville over the last 30 days (April 1 - April 30), which is up 14.3% compared with the previous 30 day period (March 2 - March 31) and up 50.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Oakville typically sold ($117,933) (3.9%) below asking price over the last 30 days (April 1 - April 30), which represents a $130,188 decrease compared to the previous 30 day period (March 2 - March 31) and ($38,888) 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 5-bedroom homes in Oakville over the last 30 days (April 1 - April 30) stood at 37.5%, down from 42.9% over the previous 30 days (March 2 - March 31) and down from 118.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Oakville stood at 26 days when successfully sold over the last 30 days (April 1 - April 30), compared to 39 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Aboutowne Realty Corp.
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