1551 Reeves Gate 8

FOR SALE
$1,049,000
1551 Reeves Gate 8, Oakville
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
1551 Reeves Gate 8
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
11
ROOMS
W9243709
MLSID
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Property Description
Gorgeous 3 Bedroom Townhouse In One Of The Most Desirable Complexes In Glen Abbey. This exquisite home features an inviting open-concept living space, highlighted by elegant hardwood flooring and carefully positioned pot lights. The kitchen is equipped with white appliances, ample storage, and a large window that overlooks the charming private fenced backyard. The luxurious primary bedroom offers a 5-piece ensuite with a spacious soaker tub, dual sinks, and a stand-up shower. Enjoy the privacy of a private fenced backyard with 6' x 6' Shed. Additional features include a 3-piece rough-in for a basement bathroom, a 3' x 6' cold room under the porch, a steel man-door from the interior to the garage, and a laundry room ready with power and water on the second level. Conveniently located near major highways, schools, GO Transit, walking trails, grocery stores, and some of Oakville's top-rated schools.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-08-25 2023-09-06 12 $3,800 $3,800 Leased
Nearby Intersections
Property Features
Hospital, Park, Public Transit, School
Property Details
Community
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
1400-1599
Taxes
$3,923 (2024)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerMain16.24' x 5.54'
LivingMain14.24' x 18.64'
DiningMain10.17' x 7.02'
KitchenMain9.28' x 11.58'
Prim Bdrm2nd11.84' x 15.88'
Br2nd11.48' x 9.25'
Br2nd11.68' x 9.02'
Oakville Market Statistics
Oakville Price Trend
1551 Reeves Gate 8 is a 3-bedroom 3-bathroom townhome listed for sale at $1,049,000, which is $148,354 (12.4%) lower than the average sold price of $1,197,354 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 3 bedroom townhome in Oakville increased by $57,653 (5.1%) compared to the previous 30 day period (July 17 - August 15) and down $28,429 (2.3%) from the same time one year ago.
Inventory Change
There were 111 3-bedroom townhomes listed in Oakville over the last 30 days (August 16 - September 14), which is up 22.0% compared with the previous 30 day period (July 17 - August 15) and up 35.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Oakville typically sold ($34,122) (2.8%) below asking price over the last 30 days (August 16 - September 14), which represents a $11,603 decrease compared to the previous 30 day period (July 17 - August 15) and $14,996 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 16 - September 14) stood at 32.4%, down from 36.3% over the previous 30 days (July 17 - August 15) and down from 45.1% 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 26 days when successfully sold over the last 30 days (August 16 - September 14), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Aboutowne Realty Corp.
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