1284 Elgin Cres

FOR SALE
$1,329,000
1284 Elgin Cres, Oakville
1284 Elgin Cres
1284 Elgin Cres
1284 Elgin Cres
1284 Elgin Cres
1284 Elgin Cres
1284 Elgin Cres
1284 Elgin Cres
1284 Elgin Cres
1284 Elgin Cres
1284 Elgin Cres
1284 Elgin Cres
1284 Elgin Cres
1284 Elgin Cres
1284 Elgin Cres
1284 Elgin Cres
1284 Elgin Cres
1284 Elgin Cres
1284 Elgin Cres
1284 Elgin Cres
1284 Elgin Cres
1284 Elgin Cres
1284 Elgin Cres
1284 Elgin Cres
1284 Elgin Cres
1284 Elgin Cres
1284 Elgin Cres
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
10
ROOMS
W9241472
MLSID
Contact Us
Property Description
Welcome to 1284 Elgin Ave. Ready to move in and enjoy or renovate and build to make this your family home for many years to come. Located on an oversized mature lot (66x122) in the sought after, family friendly Falgarwood neighbourhood. Enter the foyer and up into the bright and spacious main level complete with hardwood throughout. The light filled open-concept living, kitchen and dining area with walkout to backyard deck, is perfect for entertaining family and friends. Extended main bedroom comes complete with custom built-in closets and additional access to the backyard. A second bedroom and full bathroom round out the main level. The lower level with above grade windows opens up into a bright and spacious rec. room ideal for comfortable family living and relaxation. Additional full bathroom, laundry, den, and extra bedroom w/ access to garage/storage space completes this level. Spacious landscaped backyard is fenced in for privacy and family comfort, backing onto and just a few steps along the adjacent walkway to Falgarwood Park and outdoor pool, and Falgarwood Public School. Ample parking for up to 6 vehicles in the oversized driveway with additional storage space in the partial garage. Close proximity to Oakville Place Shopping, Restaurants, Upper Oakville Shopping Centre, Iroquois Ridge High School, Sheridan College Trafalgar Campus, QEW, 403, 407 and GO Train Station.
Extras
Driveway parking for 6 vehicles.
Property Features
Fenced Yard, Public Transit, Rec Centre, School
Property Details
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1100-1500
Lot Size
66' x 122'
Acreage
< .50
Fronting
North
Taxes
$5,865 (2024)
Basement
Finished, Full
Exterior
Board/Batten, Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenUpper11.48' x 11.15'Bow Window, California Shutters, Hardwood Floor
DiningUpper7.87' x 11.15'Backsplash, O/Looks Backyard, Bow Window
BrUpper21.00' x 10.83'W/O To Deck, Hardwood Floor, Breakfast Bar
2nd BrUpper8.86' x 11.81'California Shutters, Window, Hardwood Floor
BathroomUpper6.56' x 8.53'3 Pc Bath, Tile Floor, Backsplash
RecLower17.06' x 16.08'Bow Window, California Shutters, Recessed Lights
3rd BrLower9.84' x 14.11'Window, W/O To Garage, Closet
DenLower15.09' x 11.48'
BathroomLower5.91' x 7.22'3 Pc Bath, Tile Floor, Backsplash
LivingUpper7.87' x 11.81'
LaundryLower6.56' x 16.40'
Oakville Market Statistics
Oakville Price Trend
1284 Elgin Cres is a 2-bedroom 2-bathroom home listed for sale at $1,329,000, which is $913,500 (40.7%) 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 2-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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