244 Colchester Dr

Eastlake, Oakville, L6J 5S5
FOR SALE
$3,799,900
244 Colchester Dr, Oakville
244 Colchester Dr
244 Colchester Dr
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5 + 1
BEDROOMS
5
BATHROOMS
1 + 1
KITCHENS
11 + 3
ROOMS
W8324716
MLSID
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Property Description
Prestigious South-East Oakville! Impressive 100'x151' Huge Lot Located On A quiet street Surrounding the Mature trees!A Charming Brick Home W 3 Car Garage, In Much Desired Eastlake Just Steps To OT High School & Maple Grove PS & EJ James. Minutes Walk To Lake Ontario! With Over 4500 SF Of Living Space W 5+1Bdrm W 5 Bath Home Has A Fantastic Floor Plan For Today's, Office, Living & Dining, Gourmet Kitchen With Breakfast Area Is Filed With Light From SkyLights & Windows And Walk Out To Backyard, Main Floor Laundry, Muskoka Like Family Room W/ Fire Place, Resort-Style West Facing W Brilliant Landscaping & Pool. Spacious Finished Walk Up Basement Features a Big Rec Room, Second Kitchen & Laundry. Ideal Home For A Large Family.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-12-07 2024-04-02 117 $7,500 - Terminated
2023-12-07 2024-04-02 117 $7,500 - Terminated
2023-11-16 2023-11-20 4 $7,500 - Terminated
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
100' x 152'
Fronting
West
Taxes
$13,634 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
6
Driveway
Available
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain13.29' x 17.32'Hardwood Floor, Crown Moulding, California Shutters
DiningMain11.29' x 13.35'Hardwood Floor, French Doors, W/O To Deck
KitchenMain12.17' x 17.55'Centre Island, Granite Counter, Skylight
BreakfastMain12.07' x 21.33'Hardwood Floor, Pot Lights, Skylight
FamilyMain11.12' x 19.69'Hardwood Floor, Fireplace, W/O To Porch
OfficeMain9.22' x 9.94'Hardwood Floor, California Shutters, French Doors
Prim Bdrm2nd16.44' x 18.73'5 Pc Bath, W/I Closet, O/Looks Garden
2nd Br2nd9.68' x 18.31'Crown Moulding, O/Looks Garden, California Shutters
3rd Br2nd10.66' x 11.06'Large Closet, Hardwood Floor, California Shutters
4th Br2nd10.60' x 12.40'Closet, California Shutters, Hardwood Floor
5th Br2nd14.76' x 15.03'California Shutters, Large Closet, O/Looks Pool
RecLower15.62' x 24.77'Gas Fireplace, Wet Bar, Walk-Up
Oakville Market Statistics
Oakville Price Trend
244 Colchester Dr is a 5-bedroom 5-bathroom home listed for sale at $3,799,900, which is $1,326,012 (53.6%) higher than the average sold price of $2,473,888 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 5 bedroom home in Oakville declined by $259,566 (9.5%) compared to the previous 30 day period (March 15 - April 13) and down $68,528 (2.7%) from the same time one year ago.
Inventory Change
There were 33 5-bedroom homes listed in Oakville over the last 30 days (April 14 - May 13), which is up 26.9% compared with the previous 30 day period (March 15 - April 13) and up 83.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Oakville typically sold ($131,043) (5.3%) below asking price over the last 30 days (April 14 - May 13), which represents a $98,734 decrease compared to the previous 30 day period (March 15 - April 13) and $21,527 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 (April 14 - May 13) stood at 27.3%, down from 42.3% over the previous 30 days (March 15 - April 13) and down from 133.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 5-bathroom home in Oakville stood at 24 days when successfully sold over the last 30 days (April 14 - May 13), compared to 32 days before being removed from the market upon being suspended or terminated.
Listing contracted with Bay Street Group Inc.
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