1240 Marlborough Crt 805

FOR SALE
$560,000
1240 Marlborough Crt 805, Oakville
1240 Marlborough Crt 805
1240 Marlborough Crt 805
1240 Marlborough Crt 805
1240 Marlborough Crt 805
1240 Marlborough Crt 805
1240 Marlborough Crt 805
1240 Marlborough Crt 805
1240 Marlborough Crt 805
1240 Marlborough Crt 805
1240 Marlborough Crt 805
1240 Marlborough Crt 805
1240 Marlborough Crt 805
1240 Marlborough Crt 805
1240 Marlborough Crt 805
1240 Marlborough Crt 805
1240 Marlborough Crt 805
1240 Marlborough Crt 805
1240 Marlborough Crt 805
1240 Marlborough Crt 805
1240 Marlborough Crt 805
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1240 Marlborough Crt 805
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1240 Marlborough Crt 805
1240 Marlborough Crt 805
1240 Marlborough Crt 805
1240 Marlborough Crt 805
1240 Marlborough Crt 805
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1240 Marlborough Crt 805
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1240 Marlborough Crt 805
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
W11991001
MLSID
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Property Description
Tucked away on a quiet cul-de-sac and surrounded by a scenic, tree-lined ravine, Sovereign 11 offers a welcoming and established community. Just steps from the elevator, this beautifully designed unit greets you with an open-concept layout, where rich hardwood floors seamlessly connect the living and dining areas perfect for both entertaining and everyday living. Flooded with natural light from oversized windows, this spacious 2-bedroom plus solarium home feels bright and airy. The expansive primary suite features a private 4-piece ensuite and a generous walk-in closet, while the second bedroom offers ample space and a double-door closet. The glass-enclosed solarium, accessible from both the living area and primary bedroom, serves as a versatile retreat ideal for a home office, reading nook, or cozy lounge. The updated eat-in kitchen features a stylish backsplash and a convenient pass-through to the dining space. Nearby, the in-suite laundry ensures maximum convenience. Additional perks include a private storage locker and an exclusive parking spot located just steps from the elevator. Freshly painted in neutral tones, this move-in-ready home is ready to be enjoyed. Located near shopping, restaurants, schools, Oakville Place Mall, trails, GO Transit, and major highways, this property combines comfort and convenience in a beautiful natural setting. **EXTRAS** Bonus: a second parking spot is currently being rented on a monthly basis and is transferrable to the new owner, if requested when making an offer.
Property Features
Cul De Sac, Public Transit
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$2,451 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
Exclusive (Underground)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain11.88' x 22.64'Hardwood Floor, W/O To Sunroom
DiningMain7.51' x 13.62'Hardwood Floor, Pass Through
KitchenMain12.43' x 16.80'Tile Floor, Eat-In Kitchen, Pot Lights
Prim BdrmMain10.56' x 15.62'Hardwood Floor, 4 Pc Ensuite, W/I Closet
2nd BrMain9.48' x 13.02'Hardwood Floor, Large Window, Ceiling Fan
SolariumMain6.10' x 9.48'Hardwood Floor, Large Window, Walk Through
Oakville Market Statistics
Oakville Price Trend
1240 Marlborough Crt 805 is a 2-bedroom 2-bathroom condo listed for sale at $560,000, which is $421,909 (43.0%) lower than the average sold price of $981,909 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Oakville increased by $166,191 (20.4%) compared to the previous 30 day period (December 22 - January 20) and up $231,213 (30.8%) from the same time one year ago.
Inventory Change
There were 75 2-bedroom condos listed in Oakville over the last 30 days (January 21 - February 19), which is up 108.3% compared with the previous 30 day period (December 22 - January 20) and up 70.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Oakville typically sold ($18,945) (1.9%) below asking price over the last 30 days (January 21 - February 19), which represents a $90 increase compared to the previous 30 day period (December 22 - January 20) and ($14,871) 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 2-bedroom condos in Oakville over the last 30 days (January 21 - February 19) stood at 14.7%, down from 30.6% over the previous 30 days (December 22 - January 20) and down from 63.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Oakville stood at 27 days when successfully sold over the last 30 days (January 21 - February 19), compared to 69 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Meadowtowne Realty
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