1457 Postmaster Dr

FOR SALE
$2,248,000
1457 Postmaster Dr, Oakville
1457 Postmaster Dr
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4
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
10 + 3
ROOMS
W9035276
MLSID
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Property Description
Nestled within the sought-after Abbey Park catchment and just steps to Heritage Glen Public School, this exquisitely appointed Cape Cod style home offers a rare combination of luxury and privacy. Situated on a sprawling ravine lot siding onto Merchants Trail, this property promises unparalleled privacy and beautiful views. Step inside to discover a sun-drenched renovated kitchen, outfitted with gleaming quartz countertops, stainless steel appliances, upgraded cabinetry, and a generous island with seating perfect for culinary adventures and casual dining. The inviting family room with a gas fireplace is an ideal space for both intimate family gatherings and celebrations. The elegant dining room, with crown mouldings, designer lighting, and timeless hardwood flooring, sets the stage for memorable family dinners. A main floor office, featuring solid wood built-in bookcases and wainscoting, offers an inspiring workspace for those who work from home. The updated laundry room on this level adds a touch of convenience for busy households. Four well-appointed bedrooms await on the upper level. The luxurious primary suite boasts a cozy gas fireplace, walk-in closet, and five-piece ensuite complete with a cathedral ceiling with skylights, double sinks, and a soaker bathtub. The fully renovated spa-inspired five-piece main bathroom impresses with double sinks, a freestanding bathtub and sleek glass shower. The professionally finished basement is a haven for relaxation and entertainment, featuring a kitchenette, massive recreation room with a gas stove, family room, den, and a four-piece bathroom. The two car garage with an epoxy-finished floor and double-height ceiling provides ample storage space. This home epitomizes comfort, elegance, and functionality, making it the perfect choice for discerning buyers seeking a blend of sophistication, tranquility, and a highly regarded Oakville community.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-17 2024-06-15 29 $2,299,000 - Terminated
2024-03-13 2024-05-17 65 $2,350,000 - Terminated
2023-11-10 2024-03-10 121 $2,400,000 - Expired
Nearby Intersections
Property Features
Golf, Hospital, Park, Public Transit, Rec Centre, School
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
43' x 144'
Acreage
< .50
Lot Irregularities
Irregular
Fronting
East
Taxes
$7,441 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain11.58' x 18.08'Hardwood Floor, Bay Window, French Doors
DiningMain11.42' x 16.17'Hardwood Floor, Bay Window, French Doors
KitchenMain12.66' x 14.99'Quartz Counter, Stainless Steel Appl, Tile Floor
BreakfastMain8.17' x 14.01'Tile Floor, Crown Moulding, W/O To Patio
FamilyMain11.91' x 21.92'Hardwood Floor, Gas Fireplace, Bay Window
OfficeMain11.25' x 12.50'Hardwood Floor, Wainscoting, Crown Moulding
LaundryMain11.84' x 7.25'Tile Floor, Laundry Sink, Access To Garage
Prim Bdrm2nd18.77' x 21.26'Gas Fireplace, 5 Pc Ensuite, W/I Closet
2nd Br2nd20.67' x 11.58'Hardwood Floor
3rd Br2nd13.09' x 11.68'Hardwood Floor
4th Br2nd10.01' x 9.51'Hardwood Floor
RecBsmt32.58' x 20.67'Tile Floor, Gas Fireplace, Pot Lights
Oakville Market Statistics
Oakville Price Trend
1457 Postmaster Dr is a 4-bedroom 4-bathroom home listed for sale at $2,248,000, which is $408,729 (22.2%) higher than the average sold price of $1,839,271 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 4 bedroom home in Oakville declined by $165,357 (8.2%) compared to the previous 30 day period (July 9 - August 7) and down $230,158 (11.1%) from the same time one year ago.
Inventory Change
There were 127 4-bedroom homes listed in Oakville over the last 30 days (August 8 - September 6), which is down 2.3% compared with the previous 30 day period (July 9 - August 7) and up 17.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Oakville typically sold ($51,451) (2.8%) below asking price over the last 30 days (August 8 - September 6), which represents a $5,900 increase compared to the previous 30 day period (July 9 - August 7) and ($84,308) more 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 8 - September 6) stood at 60.6%, up from 46.2% over the previous 30 days (July 9 - August 7) and up from 59.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Oakville stood at 25 days when successfully sold over the last 30 days (August 8 - September 6), compared to 51 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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