128 Balsam Dr
Old Oakville, Oakville, L6J 3X5
FOR SALE
$7,798,000
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5 + 2
BEDROOMS10
BATHROOMS1 + 1
KITCHENS13 + 6
ROOMSW8209234
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Property Description
Welcome to 128 Balsam Drive in South East Oakville, One of the Prettiest, Most Exclusive and Desirable Streets in the Greater Toronto Area!This Extraordinary Custom Built Homes is just steps to Oakville's Historic Downtown Shopping District, Plethora of Private Schools and Plenty of Waterfront Parks. This Gorgeous Home Boots Over 7,500 sf of Luxurious Living Space on a Generous 100x152" Lot. The Main Floor Is an Entertainer's Dream! Offering a Hollywood Style Kitchen with Wolf Stove, A Massive Centre Island Equipped with 2 Sinks and Plenty of Sitting space, Open Concept to Family Room and Breakfast Area All which Overlook the Lovely Backyard. This Home has 7 Bedrooms Each with it's own Personal Ensuite, 9 Bathrooms, 5 Gas Fireplaces, a Beautiful Walnut Wine Cellar and MUCH more! This Home was Built with All the Comforts and Luxuries in mind.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-02-29 | 2024-04-05 | 36 | $8,498,900 | - | Terminated |
| 2023-12-15 | 2024-03-01 | 77 | $8,988,888 | - | Terminated |
Property Features
Grnbelt/Conserv, Lake Access, Lake/Pond, Park, Rec Centre, River/Stream
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
100' x 152'
Acreage
< .50
Fronting
East
Taxes
$30,463 (2023)
Basement
Full, Part Fin
Exterior
Shingle, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 14.01' x 14.99' | Gas Fireplace, O/Looks Frontyard, Open Concept |
| Office | Ground | 14.01' x 12.80' | Glass Doors, Large Window |
| Great Rm | Ground | 16.01' x 21.49' | Gas Fireplace, Built-In Speakers, B/I Bookcase |
| Kitchen | Ground | 15.58' x 21.49' | Centre Island, O/Looks Backyard, Hollywood Kitchen |
| Mudroom | Ground | 16.01' x 16.01' | B/I Closet, Closet Organizers, W/O To Yard |
| Prim Bdrm | 2nd | 16.99' x 24.02' | 6 Pc Ensuite, 2 Way Fireplace, W/O To Terrace |
| Br | 2nd | 16.01' x 14.01' | 3 Pc Ensuite, Large Closet |
| Bathroom | 2nd | 10.99' x 18.01' | 6 Pc Ensuite, 2 Way Fireplace, Bidet |
| Foyer | 2nd | 8.99' x 27.00' | Skylight, Open Stairs, Vaulted Ceiling |
| Br | 2nd | 21.00' x 12.30' | 3 Pc Ensuite |
| Media/Ent | Bsmt | 19.75' x 20.41' | Built-In Speakers, Separate Rm, Wall Sconce Lighting |
| Rec | Bsmt | 16.01' x 42.49' | Gas Fireplace, 3 Pc Ensuite, Galley Kitchen |
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Oakville Market Statistics
Oakville Price Trend
128 Balsam Dr is a 5-bedroom 10-bathroom home listed for sale at $7,798,000, which is $4,917,000 (170.7%) higher than the average sold price of $2,881,000 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 5 bedroom home in Oakville increased by $363,667 (14.4%) compared to the previous 30 day period (March 4 - April 2) and up $191,434 (7.1%) from the same time one year ago.Inventory Change
There were 27 5-bedroom homes listed in Oakville over the last 30 days (April 3 - May 2), which is up 17.4% compared with the previous 30 day period (March 4 - April 2) and up 58.8% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Oakville typically sold ($121,028) (4.2%) below asking price over the last 30 days (April 3 - May 2), which represents a $133,283 decrease compared to the previous 30 day period (March 4 - April 2) and ($4,190) 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 3 - May 2) stood at 37.0%, down from 39.1% over the previous 30 days (March 4 - April 2) and down from 141.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 10-bathroom home in Oakville stood at 27 days when successfully sold over the last 30 days (April 3 - May 2), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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