2241 Lyness Ave

FOR SALE
$1,588,888
2241 Lyness Ave, Oakville
2241 Lyness Ave
2241 Lyness Ave
2241 Lyness Ave
2241 Lyness Ave
2241 Lyness Ave
2241 Lyness Ave
2241 Lyness Ave
2241 Lyness Ave
2241 Lyness Ave
2241 Lyness Ave
2241 Lyness Ave
2241 Lyness Ave
2241 Lyness Ave
2241 Lyness Ave
2241 Lyness Ave
2241 Lyness Ave
2241 Lyness Ave
2241 Lyness Ave
2241 Lyness Ave
2241 Lyness Ave
2241 Lyness Ave
2241 Lyness Ave
2241 Lyness Ave
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2 + 2
BEDROOMS
3
BATHROOMS
1
KITCHENS
5 + 3
ROOMS
W12009914
MLSID
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Property Description
Stunning Raised Bungalow on a Premium Corner Lot! This beautifully renovated raised bungalow with 9-ft ceilings and has been meticulously updated over the past five years. Situated on a premium corner lot, it features breathtaking perennial gardens enclosed by an elegant iron fence. Double front doors into a spacious living and dining area, perfect for entertaining. The modern, fully renovated kitchen showcases top-of-the-line appliances, an extended island, and sleek finishes. One bedroom is currently used as a dining room but can easily be converted back.The luxurious primary suite includes a spa-like ensuite and a custom built walk-in closet. The fully finished basement, also with 9-ft ceilings, provides ample recreational space for relaxation or entertainment. Additional legal 40amp outlet installed in garage for electric car charger. This home has been impeccably maintained and is move-in ready for the next family to enjoy.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-08-03 2021-08-05 2 $1,299,000 $1,450,000 Sold
Nearby Intersections
Property Details
Community
Property Type
Detached, Bungalow-Raised
Lot Size
46' x 80'
Fronting
North
Taxes
$5,396 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Available
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain12.86' x 24.11'Combined W/Dining, Open Concept, Hardwood Floor
DiningMain12.86' x 24.11'Combined W/Living, Open Concept, Hardwood Floor
KitchenMain10.99' x 20.83'Modern Kitchen, W/O To Deck, Hardwood Floor
Prim BdrmMain12.14' x 17.22'W/I Closet, 4 Pc Ensuite, Hardwood Floor
2nd BrMain10.24' x 10.33'Closet, O/Looks Backyard, Hardwood Floor
3rd BrLower12.07' x 14.27'Closet, Above Grade Window, Broadloom
4th BrLower10.43' x 11.32'Closet, Above Grade Window, Broadloom
RecLower17.72' x 24.44'Fireplace, Above Grade Window, Broadloom
Oakville Market Statistics
Oakville Price Trend
2241 Lyness Ave is a 2-bedroom 3-bathroom home listed for sale at $1,588,888, which is $2,236,112 (58.5%) lower than the average sold price of $3,825,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Oakville increased by $2,362,550 (161.5%) compared to the previous 30 day period (December 22 - January 20) and up $2,597,000 (211.5%) from the same time one year ago.
Inventory Change
There were 6 2-bedroom homes listed in Oakville over the last 30 days (January 21 - February 19), which is down 25.0% compared with the previous 30 day period (December 22 - January 20) and down 25.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Oakville typically sold $500 (0.0%) above asking price over the last 30 days (January 21 - February 19), which represents a $63,000 increase compared to the previous 30 day period (December 22 - January 20) and ($18,749) more 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 homes in Oakville over the last 30 days (January 21 - February 19) stood at 33.3%, up from 25.0% over the previous 30 days (December 22 - January 20) and down from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Oakville stood at 8 days when successfully sold over the last 30 days (January 21 - February 19), compared to 14 days before being removed from the market upon being suspended or terminated.
Listing contracted with Cityscape Real Estate Ltd.
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