173 Sixteen Mile Dr

FOR SALE
$1,640,000
173 Sixteen Mile Dr, Oakville
173 Sixteen Mile Dr
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4 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
10 + 2
ROOMS
W9284090
MLSID
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Property Description
Welcome to your dream home! This exquisite 4-bedroom, 4-bathroom residence is designed for modern living and elegance. Captivating hand-scraped hardwood floors & LED pot lights throughout 9-ft ceilings on both floors. Top-of-the-line Wolf and Jenn-Air kitchen appliances. Enjoy natural light and privacy with sophisticated zebra window dressings. Plenty of storage space with walk-in closets featured in most bedrooms. Unwind under a 10-ft tray ceiling in the primary bedroom & 5-piece ensuite bath with a large soaker tub. Walking distance to excellent schools and local transit. Oak Park Plaza and Sixteen Mile Sports Complex are located nearby, offering a variety of shopping, dining, and recreational options. Step outside to the brand-new interlock patio & admire the beautifully manicured landscaping, a perfect spot for outdoor dining. Move-in ready!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-03-26 2021-03-27 1 $1,345,000 $1,485,000 Sold
Extras
Nest Thermostat, Yale Front Door Lock, Garage Shelving, Upgraded 200 amp Electrical Panel, Central Vacuum Hose & Attachments *Photos with furniture are virtually staged.
Nearby Intersections
Property Features
Arts Centre, Electric Car Charger, Fenced Yard, Hospital, Public Transit, School
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
35' x 90'
Fronting
North
Taxes
$6,908 (2024)
Basement
Unfinished
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain12.99' x 16.31'Hardwood Floor, Crown Moulding, Gas Fireplace
DiningMain9.94' x 12.24'Hardwood Floor, Pot Lights, Open Concept
KitchenMain6.56' x 16.47'Hardwood Floor, Centre Island, Stone Counter
BreakfastMain8.96' x 9.35'Hardwood Floor, Pot Lights, Large Window
FamilyMain9.12' x 10.01'Pot Lights, Crown Moulding, Window
Prim Bdrm2nd15.09' x 15.12'Hardwood Floor, 5 Pc Ensuite, W/I Closet
2nd Br2nd10.56' x 10.86'Hardwood Floor, 4 Pc Ensuite, W/I Closet
3rd Br2nd10.01' x 11.68'Hardwood Floor, 4 Pc Ensuite, W/I Closet
4th Br2nd9.94' x 10.01'Hardwood Floor, Pot Lights, Window
Laundry2nd6.40' x 10.56'Tile Floor, Linen Closet
PlayBsmt26.15' x 34.45'
RecBsmt14.73' x 15.72'Laminate
Oakville Market Statistics
Oakville Price Trend
173 Sixteen Mile Dr is a 4-bedroom 4-bathroom home listed for sale at $1,640,000, which is $166,762 (9.2%) lower than the average sold price of $1,806,762 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 4 bedroom home in Oakville declined by $93,630 (4.9%) compared to the previous 30 day period (July 17 - August 15) and down $231,133 (11.3%) from the same time one year ago.
Inventory Change
There were 160 4-bedroom homes listed in Oakville over the last 30 days (August 16 - September 14), which is up 39.1% compared with the previous 30 day period (July 17 - August 15) and up 6.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Oakville typically sold ($54,166) (3.0%) below asking price over the last 30 days (August 16 - September 14), which represents a $118 decrease compared to the previous 30 day period (July 17 - August 15) and ($48,824) 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 (August 16 - September 14) stood at 41.9%, down from 60.9% over the previous 30 days (July 17 - August 15) and up from 41.3% 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 23 days when successfully sold over the last 30 days (August 16 - September 14), compared to 59 days before being removed from the market upon being suspended or terminated.
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