2405 Irene Cres

FOR SALE
$2,799,999
2405 Irene Cres, Oakville
2405 Irene Cres
2405 Irene Cres
2405 Irene Cres
2405 Irene Cres
2405 Irene Cres
2405 Irene Cres
2405 Irene Cres
2405 Irene Cres
2405 Irene Cres
2405 Irene Cres
2405 Irene Cres
2405 Irene Cres
2405 Irene Cres
2405 Irene Cres
2405 Irene Cres
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2405 Irene Cres
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2405 Irene Cres
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5 + 2
BEDROOMS
7
BATHROOMS
1
KITCHENS
15
ROOMS
W12000352
MLSID
Contact Us
Property Description
Nestled in Glen Abbey Encore this luxurious yet modern 7 bed 7 washroom, 2 car garage home is a rare find. This ideal family home greets you with an impressive foyer leading into a well planned out main floor comprising of a state-of-the-art kitchen, a grand dinning area, a well-lit study and last but not least an inviting bight living area with an attached Solarium. This home offers 5 large bedrooms, all with ensuite washrooms and ample closet space. The impressive kitchen offers top of the line appliances, ample storage, a full-sized pantry and a huge Island, creating the prefect space for cooking a hearty meal to be shared with family and friends. A unique feature in this house is a finished Loft area consisting of a spacious bedroom, a full washroom and multipurpose living space with attached sun deck. Additionally, this home boasts a fully finished 2 Bed WALKOUT basement which is the perfect space for an in-law suite, or to be used as an additional entertainment area. **EXTRAS** Surrounded by a Golf Course, parks, Top Rated schools, this residence combines tranquility with easy access to highways and essential amenities. Discover the epitome of contemporary living at your new home and creating ever lasting memories
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-11 2024-09-30 19 $3,100,000 - Terminated
2024-08-21 2024-09-06 16 $2,799,999 - Terminated
Property Features
Hospital, Library, Park, Place Of Worship, School
Property Details
Property Type
Detached, 3-Storey
Lot Size
45' x 90'
Acreage
< .50
Fronting
North
Taxes
$8,673 (2024)
Basement
Fin W/O, Full
Exterior
Brick, Concrete
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
FamilyMain14.60' x 12.99'Hardwood Floor, Fireplace, Combined W/Kitchen
DiningMain20.01' x 12.01'Hardwood Floor, Window, Open Concept
KitchenMain16.60' x 20.01'Window, Stainless Steel Appl, Centre Island
OfficeMain10.01' x 15.03'Hardwood Floor, Picture Window, French Doors
Prim Bdrm2nd14.60' x 20.01'Hardwood Floor, W/I Closet, 6 Pc Ensuite
2nd Br2nd14.60' x 13.02'Hardwood Floor, W/I Closet, 4 Pc Ensuite
3rd Br2nd13.62' x 12.01'Hardwood Floor, W/I Closet, 4 Pc Ensuite
4th Br2nd12.01' x 14.01'Hardwood Floor, Double Closet, 4 Pc Ensuite
5th Br3rd16.01' x 9.61'Hardwood Floor, Double Sink, 4 Pc Ensuite
Oakville Market Statistics
Oakville Price Trend
2405 Irene Cres is a 5-bedroom 7-bathroom home listed for sale at $2,799,999, which is $739,999 (35.9%) higher than the average sold price of $2,060,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in Oakville declined by $2,015,000 (49.4%) compared to the previous 30 day period (December 22 - January 20) and down $88,777 (4.1%) from the same time one year ago.
Inventory Change
There were 27 5-bedroom homes listed in Oakville over the last 30 days (January 21 - February 19), which is up 170.0% compared with the previous 30 day period (December 22 - January 20) and up 28.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Oakville typically sold ($139,000) (6.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $33,500 increase compared to the previous 30 day period (December 22 - January 20) and ($59,299) 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 5-bedroom homes in Oakville over the last 30 days (January 21 - February 19) stood at 3.7%, down from 20.0% over the previous 30 days (December 22 - January 20) and down from 42.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 7-bathroom home in Oakville stood at 27 days when successfully sold over the last 30 days (January 21 - February 19), compared to 60 days before being removed from the market upon being suspended or terminated.
Listing contracted with Cityscape Real Estate Ltd.
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