1499 Nottinghill Gate 207

FOR SALE
$685,000
1499 Nottinghill Gate 207, Oakville
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
W9010342
MLSID
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Property Description
Location, Location! In this area of Oakville and in this building. This spacious two-bedroom, two-bath condo is located in the highly sought-after Glen Abbey area, featuring one of the best spots in the building overlooking the ravine, trees and trail. The open concept living, dining, and kitchen area make entertaining a breeze. The oversized primary bedroom provides ample space for comfort. Unit 207 boasts pride of ownership with numerous updates and upgrades, including stainless steel appliances, designer lighting & new faucets throughout. Amenities in the building include fitness room, guest suite, party/meeting room and underground parking (1-Space). Location is close to walking paths, parks, golf courses, shopping and restaurants. Convenient access to highways - QEW & 407.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-03 2024-08-19 47 $685,000 - Suspended
2024-05-09 2024-07-03 55 $699,000 - Terminated
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, Ravine
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$3,513 (2024)
Basement
None
Exterior
Brick, Stucco/Plaster
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
BathroomMain7.58' x 4.99'4 Pc Bath
BathroomMain8.66' x 8.66'4 Pc Ensuite
BrMain17.75' x 21.49'
BrMain8.60' x 15.49'
DiningMain12.66' x 6.82'
FoyerMain11.32' x 13.75'
KitchenMain12.66' x 8.23'
LaundryMain12.34' x 6.00'
LivingMain12.66' x 13.09'
Oakville Market Statistics
Oakville Price Trend
1499 Nottinghill Gate 207 is a 2-bedroom 2-bathroom condo listed for sale at $685,000, which is $304,608 (30.8%) lower than the average sold price of $989,608 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom condo in Oakville increased by $212,571 (27.4%) compared to the previous 30 day period (July 17 - August 15) and up $178,513 (22.0%) from the same time one year ago.
Inventory Change
There were 70 2-bedroom condos listed in Oakville over the last 30 days (August 16 - September 14), which is up 32.1% compared with the previous 30 day period (July 17 - August 15) and down 2.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Oakville typically sold ($44,424) (4.5%) below asking price over the last 30 days (August 16 - September 14), which represents a $15,554 decrease compared to the previous 30 day period (July 17 - August 15) and ($21,248) 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 2-bedroom condos in Oakville over the last 30 days (August 16 - September 14) stood at 32.9%, down from 50.9% over the previous 30 days (July 17 - August 15) and up from 30.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Oakville stood at 35 days when successfully sold over the last 30 days (August 16 - September 14), compared to 62 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc.,
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