1311 Elgin Cres
Iroquois Ridge South, Oakville, L6H 2J9
FOR SALE
$1,400,000
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Property Description
One of a kind 4 bedroom bungalow situated on a spectacular 72 x 125ft lot, located on a quiet child friendly crt in the highly sought after Falgarwood Community. The main floor features a large Living room with a gorgeous bow window for lots of natural sunlight, spacious Dining room overlooking the tranquil backyard, a generous kitchen with pantry, French pocket door and walk-out to backyard. The generous primary bedroom showcases a 2pc ensuite bath with barn door for privacy and double closets. Large home office or guest room with pocket door, two additional spacious bedrooms and an updated bath complete this level. Tons of space and potential in the lower level featuring above grade windows, large rec room and a huge unfinished area awaiting your design. Additional features of this home include potential for in-law suite, large double-wide driveway and a premium lot ideal for a pool and/or backyard oasis.
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Extras
Close to high ranking schools, transit, parks & trails, shopping, Hospital and Community Centres. Easy access to Hwys 403/QEW/407/401, short distance to GO Train
Property Features
Cul De Sac, Fenced Yard, Library, Park, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
72' x 125'
Fronting
West
Taxes
$5,666 (2024)
Basement
Full, Part Fin
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.19' x 18.44' | Bay Window, Hardwood Floor, O/Looks Dining |
| Dining | Main | 9.91' x 11.38' | O/Looks Living, Large Window |
| Kitchen | Main | 12.99' x 13.65' | W/O To Yard, Ceramic Back Splash, Pocket Doors |
| Prim Bdrm | Main | 11.29' x 13.78' | 2 Pc Ensuite, Hardwood Floor, Double Closet |
| 2nd Br | Main | 9.19' x 9.81' | Large Window, Closet |
| 3rd Br | Main | 7.87' x 13.32' | Large Window, Closet |
| 4th Br | Main | 9.48' x 14.01' | Large Window, Closet |
| Rec | Bsmt | 16.31' x 23.36' | Above Grade Window, Laminate, Side Door |
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Oakville Market Statistics
Oakville Price Trend
1311 Elgin Cres is a 4-bedroom 2-bathroom home listed for sale at $1,400,000, which is $655,014 (31.9%) lower than the average sold price of $2,055,014 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 4 bedroom home in Oakville increased by $196,207 (10.6%) compared to the previous 30 day period (July 20 - August 18) and up $68,214 (3.4%) from the same time one year ago.Inventory Change
There were 164 4-bedroom homes listed in Oakville over the last 30 days (August 19 - September 17), which is up 49.1% compared with the previous 30 day period (July 20 - August 18) and up 12.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Oakville typically sold ($58,032) (2.8%) below asking price over the last 30 days (August 19 - September 17), which represents a $5,283 decrease compared to the previous 30 day period (July 20 - August 18) and ($56,999) 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 4-bedroom homes in Oakville over the last 30 days (August 19 - September 17) stood at 42.7%, down from 59.1% over the previous 30 days (July 20 - August 18) and up from 37.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Oakville stood at 21 days when successfully sold over the last 30 days (August 19 - September 17), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max West Realty Inc.
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