1296 Cumnock Cres

Eastlake, Oakville, L6J 2N7
FOR SALE
$3,999,999
1296 Cumnock Cres, Oakville
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
1296 Cumnock Cres
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
9 + 4
ROOMS
W10418008
MLSID
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Property Description
Set on a spectacular 0.566-acre lot, this property is enveloped by towering trees and lush gardens, and backing onto the tranquil Kings Park Woods. Offering nearly 25,000 sq. ft. of privacy and tranquility, this Muskoka-like retreat sits on one of Southeast Oakville's most prestigious streets. A generously sized interlocked driveway leads past the elegant front yard to an impressive 3-car garage. Lovingly maintained by the same family for over 40 years, the home is in pristine condition. The interior features expansive principal rooms, including formal living and dining spaces, a large kitchen with a breakfast area addition, and an open-concept family roomperfect for both day-to-day living and entertaining. A wealth of windows throughout brings in abundant natural light and frames beautiful views of the front streetscape as well as the forested backyard. With multiple fireplaces and hardwood floors throughout the main level, the home exudes warmth and charm. Convenient access to the garage is provided through the laundry room. Upstairs, the spacious primary suite is complemented by three double closets, built-in bookcases, a 3-piece ensuite, and additional flexible space. Two more generously sized bedrooms, along with a 4-piece bathroom featuring a jacuzzi tub, complete this level. The true highlight of the home is the backyarda private oasis of mature trees, manicured gardens, and a well-positioned pool that basks in sunlight. A full irrigation system ensures the landscaping stays lush. Recent upgrades include a new roof, furnace, and electrical panel, while the garage boasts 50-amp service, ideal for a lift or electric vehicle charging. Walking distance to Oakvilles top public and private schools, including OT and St. Mildreds, and just minutes to shopping, this property offers exceptional potential. Whether you choose to build a custom home or renovate and expand this charming residence, the large lot allows for endless possibilities.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-01-13 2024-09-12 243 $3,999,999 - Expired
2023-05-02 2023-11-01 183 $4,200,000 - Terminated
Property Features
Grnbelt/Conserv, Public Transit, School
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
136' x 159'
Acreage
.50-1.99
Lot Irregularities
135.72' x 176.25' x 190.10' x 158.91'
Fronting
East
Taxes
$14,404 (2024)
Basement
Full, Unfinished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
8
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
DiningMain12.99' x 16.08'
LivingMain15.91' x 24.74'
KitchenMain11.25' x 14.57'
BreakfastMain8.23' x 10.07'
FamilyMain11.58' x 22.90'
Prim Bdrm2nd12.17' x 15.75'
Sitting2nd7.35' x 16.17'
2nd Br2nd11.52' x 11.84'
3rd Br2nd12.17' x 12.99'
RecBsmt14.50' x 23.75'
UtilityBsmt13.75' x 22.57'
OtherBsmt10.60' x 11.91'
Oakville Market Statistics
Oakville Price Trend
1296 Cumnock Cres is a 3-bedroom 3-bathroom home listed for sale at $3,999,999, which is $2,556,200 (177.0%) higher than the average sold price of $1,443,799 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Oakville increased by $37,825 (2.7%) compared to the previous 30 day period (September 21 - October 20) and up $5,164 (0.4%) from the same time one year ago.
Inventory Change
There were 90 3-bedroom homes listed in Oakville over the last 30 days (October 21 - November 19), which is down 12.6% compared with the previous 30 day period (September 21 - October 20) and up 26.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Oakville typically sold ($51,414) (3.6%) below asking price over the last 30 days (October 21 - November 19), which represents a $4,021 decrease compared to the previous 30 day period (September 21 - October 20) and ($37,390) 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 3-bedroom homes in Oakville over the last 30 days (October 21 - November 19) stood at 75.6%, up from 48.5% over the previous 30 days (September 21 - October 20) and up from 59.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Oakville stood at 17 days when successfully sold over the last 30 days (October 21 - November 19), compared to 51 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Miller Real Estate Ltd.
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