1302 Gainsborough Dr
Iroquois Ridge South, Oakville, L6H 2H6
FOR SALE
$1,169,000
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BEDROOMS2
BATHROOMS1
KITCHENS6 + 3
ROOMSW9384750
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Property Description
Welcome to 1302 Gainsborough Drive located in the established neighbourhood of Falgarwood in Oakville. This brick bungalow features 3 bedrooms, 2 bathrooms and awaits your vision. Situated on a 62 x 125 lot that expands out to 85 across the rear of the property, the opportunities here are endless. The living room and dining room are flooded with natural light from the floor to ceiling windows. The finished basement provides excellent additional living space and features a 3-piece bathroom and a wet bar. The basement can also be converted to an additional unit with access from the backyard. The backyard is fully fenced and has mature tree coverage. Attached garage and long double wide-driveway for ample parking. Conveniently located within walking distance to schools, city pool and parks and in close proximity to all amenities, major highways, downtown Oakville, uptown Oakville and public transit including the GO Train.
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Nearby Intersections
Property Features
Fenced Yard, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
62' x 125'
Lot Irregularities
Property is 85' across rear
Fronting
North
Taxes
$5,077 (2024)
Basement
Full, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.01' x 18.24' | |
| Dining | Main | 9.25' x 10.24' | |
| Kitchen | Main | 11.75' x 9.74' | |
| Prim Bdrm | Main | 11.75' x 12.07' | |
| 2nd Br | Main | 12.01' x 8.43' | |
| 3rd Br | Main | 11.75' x 8.43' | |
| Laundry | Bsmt | 6.56' x 10.07' | |
| Office | Bsmt | 12.83' x 8.23' | |
| Rec | Bsmt | 24.38' x 14.57' |
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Oakville Market Statistics
Oakville Price Trend
1302 Gainsborough Dr is a 3-bedroom 2-bathroom home listed for sale at $1,169,000, which is $306,543 (20.8%) lower than the average sold price of $1,475,543 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 3 bedroom home in Oakville declined by $27,681 (1.8%) compared to the previous 30 day period (August 18 - September 16) and down $164,857 (10.0%) from the same time one year ago.Inventory Change
There were 103 3-bedroom homes listed in Oakville over the last 30 days (September 17 - October 16), which is up 10.8% compared with the previous 30 day period (August 18 - September 16) and up 1.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Oakville typically sold ($44,707) (3.0%) below asking price over the last 30 days (September 17 - October 16), which represents a $23,078 increase compared to the previous 30 day period (August 18 - September 16) and ($14,867) 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 (September 17 - October 16) stood at 46.6%, down from 52.7% over the previous 30 days (August 18 - September 16) and up from 39.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Oakville stood at 22 days when successfully sold over the last 30 days (September 17 - October 16), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group Quantum Realty Inc.
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