240 Butterfly Lane

FOR SALE
$2,050,000
240 Butterfly Lane, Oakville
240 Butterfly Lane
240 Butterfly Lane
240 Butterfly Lane
240 Butterfly Lane
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4 + 2
BEDROOMS
5
BATHROOMS
1
KITCHENS
12
ROOMS
W8489106
MLSID
Contact Us
Property Description
Welcome to 240 Butterfly Lane, Oakville! This stunning home, built by 'National Homes', boasts expectional curb appeal and an abundance of natural light. Featuring 4+2 bedrooms and 5 bathrooms, it is nestled in the prestigious Lakeshore Wodds community, just a short walk to the lake, beach, Shell Park, Bronte Marina and Park, Oakville Harbour, and downtown. Spanning over 3180 sqft with an additonal finished basement, ths home offers ampl space for comfortable living. Inside, you'll find a grand family room with and 18-foot ceiling, as well as a dedicated Office and a Library. Recent upgrades include new windows, a new furnace monitor (2018), and a new garage door (2023). The professionally designed, low-maintenance backyard is perfect for relaxation and entertainment, complete with a two tier deck, and gazebo. Gather around the gas fire-pit on cool nights and create lasting memories in this exquisite home.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-13 2024-06-25 12 $1,850,000 - Terminated
Property Features
Beach, Fenced Yard, Grnbelt/Conserv, Marina, Park, Rec Centre
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
45' x 89'
Fronting
East
Taxes
$8,093 (2024)
Basement
Finished
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
OfficeGround32.81' x 32.81'
LivingGround64.96' x 41.99'
FamilyGround55.77' x 47.24'
Prim Bdrm2nd42.65' x 78.74'4 Pc Ensuite
2nd Br2nd39.37' x 39.37'3 Pc Ensuite
3rd Br2nd47.90' x 42.65'3 Pc Ensuite
4th Br2nd40.68' x 41.99'3 Pc Bath
5th BrBsmt45.28' x 41.99'
BrBsmt39.37' x 41.99'
Common RmBsmt45.93' x 62.34'
Oakville Market Statistics
Oakville Price Trend
240 Butterfly Lane is a 4-bedroom 5-bathroom home listed for sale at $2,050,000, which is $243,238 (13.5%) 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 5-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 Royal Lepage Real Estate Services Ltd.
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