2318 Valley Forest Way

FOR SALE
$2,898,000
2318 Valley Forest Way, Oakville
2318 Valley Forest Way
2318 Valley Forest Way
2318 Valley Forest Way
2318 Valley Forest Way
2318 Valley Forest Way
2318 Valley Forest Way
2318 Valley Forest Way
2318 Valley Forest Way
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2318 Valley Forest Way
2318 Valley Forest Way
2318 Valley Forest Way
2318 Valley Forest Way
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2318 Valley Forest Way
2318 Valley Forest Way
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4
BEDROOMS
4
BATHROOMS
1
KITCHENS
10 + 6
ROOMS
W9236149
MLSID
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Property Description
Introducing 2318 Valley Forest Way a distinguished residence in the prestigious enclave of esteemed River Oaks, renowned for its top-ranked schools and unparalleled community charm. This exquisite home, equipped with a 3-car garage, is perfectly situated on the serene banks of the 16 Mile Creek, showcasing professional landscaping and meticulous craftsmanship both inside and out. Every detail of this home has been thoughtfully and tastefully updated, featuring handcrafted elements that exude luxury. The French Decor kitchen, elevated millwork, and designer lighting infuse a sense of refined elegance throughout the home. The main floor boasts rich hardwood flooring and offers a harmonious blend of open-concept entertaining spaces and distinct traditional rooms, including a formal great room, dining area, and a sophisticated office. Designed for comfort and style, the second floor provides well-appointed spaces with generous room sizes and lavish ensuites. The primary suite includes a private walkout balcony, offering tranquil views of the surrounding forest, creating a perfect retreat within this extraordinary home. The rear yard presents endless opportunities for enjoyment, featuring a custom inground saltwater pool, a bespoke pool cabana, two-hole mini putt, and dedicated lounge and dining areas. This home truly encompasses every luxury and convenience imaginable.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-05 2024-07-31 56 $2,998,800 - Terminated
Nearby Intersections
Property Features
Cul De Sac, Hospital, Park, Ravine, School, Wooded/Treed
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
66' x 111'
Lot Irregularities
111.38'x85.35'x119.82'x55.57'x10.09'
Fronting
West
Taxes
$11,118 (2024)
Basement
Full, Unfinished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
6
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain10.40' x 14.24'Stainless Steel Appl, Hardwood Floor, Open Concept
FamilyMain16.01' x 22.01'O/Looks Backyard, Hardwood Floor, Open Concept
DiningMain13.48' x 13.42'Juliette Balcony, Hardwood Floor, O/Looks Frontyard
BreakfastMain12.01' x 17.26'W/O To Pool, Hardwood Floor, Open Concept
OfficeMain11.58' x 10.83'Hardwood Floor, Window, French Doors
LivingMain10.93' x 16.17'Sunken Room, Hardwood Floor, O/Looks Frontyard
Prim Bdrm2nd18.01' x 17.49'W/O To Sundeck, 5 Pc Ensuite, W/I Closet
2nd Br2nd11.42' x 14.01'4 Pc Ensuite, Hardwood Floor, O/Looks Frontyard
3rd Br2nd11.91' x 14.24'Double Closet, Vaulted Ceiling, O/Looks Frontyard
4th Br2nd15.09' x 15.32'4 Pc Ensuite, Double Closet, O/Looks Frontyard
RecBsmt40.26' x 30.74'Open Concept, Unfinished, Window
ExerciseBsmt10.66' x 15.32'Window
Oakville Market Statistics
Oakville Price Trend
2318 Valley Forest Way is a 4-bedroom 4-bathroom home listed for sale at $2,898,000, which is $1,091,238 (60.4%) higher 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.
Listing contracted with Sotheby's International Realty Canada
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