1267 Cumnock Cres

Eastlake, Oakville, L6J 2N6
FOR SALE
$7,900,000
1267 Cumnock Cres, Oakville
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
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1267 Cumnock Cres
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1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
1267 Cumnock Cres
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5 + 1
BEDROOMS
6
BATHROOMS
1
KITCHENS
12 + 6
ROOMS
W9300713
MLSID
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Property Description
Immerse yourself in an unrivaled realm of sophistication at this custom-built luxury estate in South East Oakville. Every aspect of this home, from the meticulously landscaped gardens to the grand entrance crowned by a cedar-ceiling front patio, exudes refined opulence. Upon entering, the rich glow of American Cherry hardwood floors guides you to a gourmet chef's kitchen, masterfully equipped with top-of-the-line appliances. The Muskoka room, a serene retreat, invites you to relax and embrace the beauty of nature. The main level seamlessly blends convenience with luxury, featuring a junior primary suite, a well-appointed mudroom, and a dedicated laundry area. Ascend to the upper level, where the primary suite enchants with a spa-inspired ensuite and serene bay window views. Three additional bedrooms and a charming loft complete this level, offering ample space and comfort. The lower level is an entertainer's paradise, showcasing a sophisticated wet bar, a plush lounge, and a sixth bedroom, perfect for guests. Outdoors, a stone patio, sauna, state-of-the-art BBQ, and a sparkling saltwater pool are surrounded by lush gardens, creating an idyllic setting for both relaxation and social gatherings. With its prime location near top-tier schools and exclusive amenities, this estate epitomizes the pinnacle of luxury living, offering an exquisite blend of elegance, comfort, and convenience.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-03-18 2024-09-02 168 $7,900,000 - Expired
2020-02-05 2020-03-19 42 $4,149,000 $3,975,000 Sold
2019-09-27 2019-11-18 52 $4,350,000 - Terminated
2019-05-29 2019-09-26 120 $4,498,000 - Terminated
2019-02-04 2019-05-27 112 $4,498,000 - Terminated
Property Features
Fenced Yard, Lake/Pond, Library, Marina, School
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
123' x 177'
Acreage
.50-1.99
Fronting
East
Taxes
$23,733 (2024)
Basement
Full
Exterior
Stone, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
6
Driveway
Circular
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
DiningMain12.93' x 21.75'
LivingMain12.50' x 17.65'
KitchenMain16.83' x 25.98'
FamilyMain20.01' x 19.42'
BrMain12.66' x 17.75'
Br2nd12.40' x 18.77'
Br2nd12.83' x 20.93'
Br2nd16.99' x 10.60'
Br2nd22.24' x 28.18'
RecBsmt21.49' x 20.57'
Media/EntBsmt17.85' x 18.01'
BrBsmt14.07' x 17.09'
Oakville Market Statistics
Oakville Price Trend
1267 Cumnock Cres is a 5-bedroom 6-bathroom home listed for sale at $7,900,000, which is $5,659,834 (252.7%) higher than the average sold price of $2,240,166 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 5 bedroom home in Oakville declined by $714,594 (24.2%) compared to the previous 30 day period (September 21 - October 20) and up $40,791 (1.9%) from the same time one year ago.
Inventory Change
There were 24 5-bedroom homes listed in Oakville over the last 30 days (October 21 - November 19), which is up 26.3% compared with the previous 30 day period (September 21 - October 20) and up 33.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Oakville typically sold ($72,666) (3.2%) below asking price over the last 30 days (October 21 - November 19), which represents a $17,366 decrease compared to the previous 30 day period (September 21 - October 20) and ($71,237) 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 (October 21 - November 19) stood at 25.0%, down from 68.4% over the previous 30 days (September 21 - October 20) and down from 44.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 6-bathroom home in Oakville stood at 16 days when successfully sold over the last 30 days (October 21 - November 19), compared to 70 days before being removed from the market upon being suspended or terminated.
Listing contracted with Berkshire Hathaway Homeservices West Realty
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