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Property Description
Stunning executive home in in the heart of Southeast Oakville situated on a premium pie shaped lot. This 5 beds 5 bath home boasts over 5400 square ft of living space, with a functional and modern floorplan. Enjoy an open concept main floor with plentiful natural light through an abundance of windows and skylights in the family and dining room. Enjoy picturesque views of the beautifully landscaped backyard with inground pool from the chefs kitchen which leads into an oversized dining room with custom built ins. Enter the bright second floor with hallway skylights featuring 4 spacious bedrooms, 3 washrooms and an upstairs laundry complete with a master bedroom retreat with his/her closets and 11 ft ceilings complete with a gas fireplace. The spacious basement features built-ins, wet bar and a bedroom along with a games and recreation room along with a full washroom. Enjoy close proximity to Lake Ontario and Gairloch gardens. Walking distance to top rated schools from this quiet and treelined street. A home not to miss!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-04 | 2024-11-01 | 58 | $3,749,000 | - | Terminated |
Property Features
Park, Place Of Worship, Public Transit, Rec Centre, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
96' x 139'
Lot Irregularities
160.14ft x 95.74ft x 139.22ft x 113.74ft
Fronting
East
Taxes
$16,879 (2024)
Basement
Finished
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
8
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Office | Main | 8.99' x 12.76' | |
Living | Main | 14.34' x 25.33' | |
Dining | Main | 12.66' x 18.08' | |
Kitchen | Main | 9.32' x 18.08' | |
Family | Main | 18.18' x 19.75' | |
Prim Bdrm | 2nd | 12.83' x 25.66' | |
Br | 2nd | 10.33' x 16.01' | |
Br | 2nd | 12.17' x 14.24' | |
Br | 2nd | 17.49' x 19.49' | |
Rec | Lower | 17.26' x 24.74' | |
Br | Lower | 9.51' x 11.25' |
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Oakville Market Statistics
Oakville Price Trend
247 Colchester Dr is a 4-bedroom 5-bathroom home listed for sale at $3,699,000, which is $1,546,725 (71.9%) higher than the average sold price of $2,152,275 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in Oakville increased by $64,906 (3.1%) compared to the previous 30 day period (November 19 - December 18) and up $274,984 (14.6%) from the same time one year ago.Inventory Change
There were 97 4-bedroom homes listed in Oakville over the last 30 days (December 19 - January 17), which is up 2.1% compared with the previous 30 day period (November 19 - December 18) and up 106.4% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Oakville typically sold ($63,318) (2.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $4,146 increase compared to the previous 30 day period (November 19 - December 18) and ($95,235) 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 4-bedroom homes in Oakville over the last 30 days (December 19 - January 17) stood at 45.4%, down from 117.9% over the previous 30 days (November 19 - December 18) and down from 72.3% 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 40 days when successfully sold over the last 30 days (December 19 - January 17), compared to 71 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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