1540 Reeves Gate 16

FOR SALE
$848,800
1540 Reeves Gate 16, Oakville
1540 Reeves Gate 16
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
6
ROOMS
W9052813
MLSID
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Property Description
Discover this meticulously maintained 3-bedroom townhouse nestled in the highly sought-after Glen Abbey neighbourhood & is ideally situated close to beautiful parks, scenic walking trails, and excellent schools, making it perfect for families and outdoor enthusiasts. The main level features elegant hardwood flooring, a 2-piece bathroom, and an inviting living room and dining room. The kitchen is complete with sleek granite countertops and stainless steel appliances. Upstairs, the luxurious primary suite boasts a custom barn door and a private 4-piece ensuite. Throughout the rest of the upper level you will find 2 more bedrooms and another 4-piece bathroom. The lower level enhances the living space with a cozy recreation room featuring an electric fireplace and a walk out to the backyard. Additionally, this level includes a convenient laundry room & inside access to the garage. Updates include: Garage door (2024), fridge (2023), stove & dishwasher (2019), bathrooms(2019).
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-02 2024-07-08 67 $848,800 - Terminated
2023-09-22 2023-12-27 96 $950,000 - Terminated
Property Details
Community
Property Type
Condo Townhouse, 3-Storey
Approximate Sq.Ft.
1200-1399
Taxes
$3,223 (2023)
Basement
Fin W/O, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain10.99' x 9.74'Granite Counter, Stainless Steel Appl
DiningMain11.84' x 13.09'Hardwood Floor, Combined W/Living
LivingMain17.16' x 9.58'Hardwood Floor, Combined W/Dining
Prim Bdrm2nd14.83' x 10.40'
2nd Br2nd9.42' x 10.66'
3rd Br2nd13.75' x 7.25'
RecLower9.74' x 17.16'Fireplace, W/O To Patio
Oakville Market Statistics
Oakville Price Trend
1540 Reeves Gate 16 is a 3-bedroom 3-bathroom townhome listed for sale at $848,800, which is $327,281 (27.8%) lower than the average sold price of $1,176,081 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 3 bedroom townhome in Oakville increased by $84,909 (7.8%) compared to the previous 30 day period (July 9 - August 7) and up $76,831 (7.0%) from the same time one year ago.
Inventory Change
There were 89 3-bedroom townhomes listed in Oakville over the last 30 days (August 8 - September 6), which is down 2.2% compared with the previous 30 day period (July 9 - August 7) and up 48.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Oakville typically sold ($37,134) (3.2%) below asking price over the last 30 days (August 8 - September 6), which represents a $12,235 decrease compared to the previous 30 day period (July 9 - August 7) and $9 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 townhomes in Oakville over the last 30 days (August 8 - September 6) stood at 48.3%, up from 38.5% over the previous 30 days (July 9 - August 7) and down from 76.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom townhome in Oakville stood at 33 days when successfully sold over the last 30 days (August 8 - September 6), compared to 44 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group - Summit Realty Inc.
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