1242 Kensington Park Rd

FOR SALE
$1,449,000
1242 Kensington Park Rd, Oakville
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
1242 Kensington Park Rd
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Property Description
Welcome to your dream home! This beautifully renovated 2-bedroom bungalow offers the perfect blend of modern comfort and classic charm, making it an ideal choice for executives or retirees seeking a peaceful retreat. Nestled in a quiet, family-friendly neighbourhood, this residence boasts a meticulous renovation that combines style with functionality. Step inside to discover a spacious open-plan living area with gleaming new hardwood floors and abundant natural light, creating a warm and inviting atmosphere. The custom kitchen features stainless steel appliances, sleek countertops, appliance garage and ample upgraded cabinetry, perfect for both casual meals and elegant entertaining.This home has two primary suites, both overlooking the beautiful low maintenance perennial gardens. The double-sided gas fireplace adds elegance to the dining area, and a coziness to the living space. The basement features a dedicated office, open family room with a second gas fireplace and large storage area. The outdoor space is designed for both ease and enjoyment, with a spacious patio perfect for sipping morning coffee or hosting gatherings with friends and family and a lovely back deck covered by a new automatic sunbrella awning. The meticulously maintained gardens offer a serene escape, with vibrant flowers, lush greenery, and charming pathways that invite you to relax and enjoy the outdoors and comes complete with a new garden shed and irrigation system. This home is perfectly situated close to local amenities, parks, and walking trails, ensuring you can enjoy both tranquility and convenience.
Extras
Roof replaced with 40 year shingles 2020, front windows and door replaced 2021, custom kitchen renovation 2019, new hardwood flooring 2020, furnace and AC replaced 2022, irrigation installed 2021. Driveway replaced 2023. 2 gas fireplaces
Property Features
Arts Centre, Fenced Yard, Hospital, Public Transit, Rec Centre, School
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
60' x 125'
Acreage
< .50
Fronting
East
Taxes
$5,388 (2024)
Basement
Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
BrMain12.14' x 12.14'Closet, Renovated, Bay Window
2nd BrMain16.54' x 9.97'O/Looks Frontyard, Bay Window, Renovated
KitchenMain10.47' x 14.99'Backsplash, Renovated, Quartz Counter
DiningMain16.31' x 17.09'Renovated, 2 Way Fireplace, Bay Window
LivingMain21.29' x 18.57'2 Way Fireplace, Renovated, Pot Lights
BathroomMain8.66' x 7.51'Renovated
FamilyBsmt19.88' x 14.70'Fireplace, Panelled, Renovated
OfficeBsmt11.68' x 9.78'
UtilityBsmt20.41' x 30.74'
Oakville Market Statistics
Oakville Price Trend
1242 Kensington Park Rd is a 2-bedroom 1-bathroom home listed for sale at $1,449,000, which is $793,500 (35.4%) lower than the average sold price of $2,242,500 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom home in Oakville increased by $792,500 (54.7%) compared to the previous 30 day period (July 17 - August 15) and up $812,501 (56.8%) from the same time one year ago.
Inventory Change
There were 6 2-bedroom homes listed in Oakville over the last 30 days (August 16 - September 14), which is down 14.3% compared with the previous 30 day period (July 17 - August 15) and down 70.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Oakville typically sold ($91,725) (4.1%) below asking price over the last 30 days (August 16 - September 14), which represents a $16,154 decrease compared to the previous 30 day period (July 17 - August 15) and $43,199 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 homes in Oakville over the last 30 days (August 16 - September 14) stood at 66.7%, down from 100.0% over the previous 30 days (July 17 - August 15) and up from 25.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Oakville stood at 58 days when successfully sold over the last 30 days (August 16 - September 14), compared to 79 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Real Estate Services Ltd.
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