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BEDROOMS4
BATHROOMS1
KITCHENS17
ROOMSW8324138
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Property Description
Rarely Offered over 3 acres of prime land in the heart of East Oakville. Choose from one of the many possibilities. Conceptual Plans in place for 4 Estate homes or 30 Units. Prime Location, steps from the water and minutes away from downtown Oakville. This property is the perfect opportunity to take advantage of an extremely rare development opportunity in East Oakville. Conceptual drawings including zoning analysis are available or envision your own planned development and use(s).
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-03-29 | 2021-04-22 | 24 | $7,750,000 | $7,600,000 | Sold |
Property Features
Fenced Yard, Marina, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
369' x 444'
Fronting
North
Taxes
$30,147 (2023)
Basement
Full
Exterior
Brick, Stucco/Plaster
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Pool
Abv Grnd
Parking Spaces
15
Driveway
Front Yard
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 7.74' x 29.27' | |
| Living | Main | 15.75' x 29.27' | |
| Sunroom | Main | 10.93' x 21.92' | |
| Dining | Main | 13.68' x 10.50' | |
| Kitchen | Main | 16.01' x 23.00' | |
| Breakfast | Main | 9.84' x 11.58' | |
| Family | Main | 15.75' x 17.32' | |
| Prim Bdrm | 2nd | 12.24' x 18.41' | |
| Br | 2nd | 11.52' x 15.85' | |
| Br | 2nd | 14.40' x 16.24' | |
| Br | 2nd | 14.57' x 15.91' | |
| Living | 2nd | 9.15' x 14.40' |
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Oakville Market Statistics
Oakville Price Trend
1475 Lakeshore Rd E is a 4-bedroom 4-bathroom home listed for sale at $14,499,000, which is $12,219,443 (536.0%) higher than the average sold price of $2,279,557 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 4 bedroom home in Oakville increased by $238,955 (11.7%) compared to the previous 30 day period (March 15 - April 13) and up $94,823 (4.3%) from the same time one year ago.Inventory Change
There were 223 4-bedroom homes listed in Oakville over the last 30 days (April 14 - May 13), which is up 77.0% compared with the previous 30 day period (March 15 - April 13) and up 44.8% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Oakville typically sold ($53,060) (2.3%) below asking price over the last 30 days (April 14 - May 13), which represents a $29,217 decrease compared to the previous 30 day period (March 15 - April 13) and $2,758 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 (April 14 - May 13) stood at 39.9%, down from 84.9% over the previous 30 days (March 15 - April 13) and down from 62.3% 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 14 days when successfully sold over the last 30 days (April 14 - May 13), compared to 37 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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One of the last remaining developable Riparian Lakefront estates in South East Oakville boasting unrivalled and expansive views of Lake Ontario from Downtown Toronto to the Niagara Escarpment. With 184ft of lake frontage and boat access and with a total of 3.63 acres and over 3/4 acres of tableland, this breathtaking and extremely private lot offers endless possibilities. With RL1-0 zoning the land can accommodate a new build of up to approximately 10,000 square feet above grade without a variance and the potential to increase to more than 11,000 sq ft with approval. Located on one of Oakville's most sought-after and finest, tree lined and quiet family friendly streets and only 30 minutes to downtown Toronto, this peninsula land is the furthest projected vantage point for Toronto views in Oakville. With a extremely rare concrete docking pier and with new Seawall (2020) with poured concrete walkway the development setback line is already established. Documents available include new Survey, architectural renderings and development review report. This is an outstanding investment opportunity in a prime location.
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