1246 Cottonwood Cres
Glen Abbey, Oakville, L6M 2W6
FOR SALE
$1,299,000
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Property Description
Discover this rare opportunity to own a beautifully renovated RAVINE home in the heart of sought-after Glen Abbey, nestled on a quiet crescent. This upscale property boasts a super-long driveway and interlocked patio, leading to an upgraded main gate. Freshly painted and carpet-free, the home is illuminated with pot lights throughout.Enjoy a sun-filled living room, perfectly positioned with southwest exposure, ideal for reading and relaxation. The upgraded windows, dressed with California shutters, add charm and functionality. The gourmet kitchen is a chefs dream, featuring high-end stainless steel appliances, quartz countertops, an elegant tile backsplash, and extended ceiling-height Maple cabinetry.The cozy family room, complete with a wood-burning fireplace, offers serene views of the backyard and ravine. Upstairs, find two generously sized bedrooms, each with upgraded ensuite bathrooms (easily convertible to a 3-bedroom layout). The primary suite boasts two spacious built-in closets, a breathtaking ravine view, and a luxurious 5-piece ensuite with a freestanding bathtub, glass shower, and dual sinks and heated floor.The finished basement is perfect for entertaining, with a recreation area, a gas fireplace, a wet bar with quartz countertops, and a spacious laundry room. Step outside to the expansive backyard, featuring a large deck overlooking the ever-changing beauty of McCraney Creek ravine.Located within walking distance to top-rated schools like Pilgrim Wood Public School and Abbey Park High School, accessible via the scenic McCraney Creek Trail, this home truly offers the perfect blend of style, comfort, and nature.Don't miss this unique opportunity to experience ravine-side living in one of Glen Abbeys most desirable neighbourhoods!
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Property Details
Street
Community
City
Property Type
Att/Row/Townhouse, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
31' x 137'
Fronting
West
Taxes
$4,783 (2024)
Basement
Finished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Attached
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Oakville Market Statistics
Oakville Price Trend
1246 Cottonwood Cres is a 2-bedroom 3-bathroom townhome listed for sale at $1,299,000, which is $405,706 (45.4%) higher than the average sold price of $893,294 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 2 bedroom townhome in Oakville increased by $186,561 (26.4%) compared to the previous 30 day period (September 22 - October 21) and up $109,094 (13.9%) from the same time one year ago.Inventory Change
There were 43 2-bedroom townhomes listed in Oakville over the last 30 days (October 22 - November 20), which is up 19.4% compared with the previous 30 day period (September 22 - October 21) and up 186.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in Oakville typically sold ($28,264) (3.2%) below asking price over the last 30 days (October 22 - November 20), which represents a $12,638 decrease compared to the previous 30 day period (September 22 - October 21) and ($10,214) 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 townhomes in Oakville over the last 30 days (October 22 - November 20) stood at 39.5%, down from 41.7% over the previous 30 days (September 22 - October 21) and down from 93.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom townhome in Oakville stood at 20 days when successfully sold over the last 30 days (October 22 - November 20), compared to 41 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Aboutowne Realty Corp.
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