251 JENNINGS Cres

FOR SALE
$1,654,900
251 JENNINGS Cres, Oakville
251 JENNINGS Cres
251 JENNINGS Cres
251 JENNINGS Cres
251 JENNINGS Cres
251 JENNINGS Cres
251 JENNINGS Cres
251 JENNINGS Cres
251 JENNINGS Cres
251 JENNINGS Cres
251 JENNINGS Cres
251 JENNINGS Cres
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4 + 1
BEDROOMS
3
BATHROOMS
0 + 1
KITCHENS
8 + 7
ROOMS
W11823425
MLSID
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Property Description
Attention Builders & Renovators! Plans ready, almost ready to build. Reduce your timeline and costs! Welcome to 251 Jennings - Located on arguably the best street in Bronte Village sits an opportunity to build the home of your dreams. Quiet location across from Jennings Crescent Park this 150 deep 7,500 sq. ft lot will allow a new custom build of up to 3,275 sq. ft. Detailed architectural plans by Hicks Design Studio, Construction drawings, Topographical Survey, Mechanical Drawings and Arborist Report Included with the sale. Not ready to build today? The existing 4+1-bedroom home is larger than it looks. House is currently tenanted and while it needs some TLC it is a fantastic option to renovate and an excellent investment opportunity to live in a high demand neighbourhood! Walking distance to all Bronte has to offer including restaurants, shopping, great schools and the waterfront harbour and park. Short drive to Bronte GO and QEW
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-23 2024-11-30 99 $1,654,900 - Expired
2024-08-23 2024-11-30 99 $1,654,900 - Expired
2024-05-07 2024-08-21 106 $1,654,900 - Terminated
2022-07-29 2022-08-04 6 $3,000 $3,000 Leased
2021-08-05 2021-08-22 17 $1,598,888 $1,375,000 Sold
Nearby Intersections
Property Details
Property Type
Detached, Backsplit 4
Approximate Sq.Ft.
2500-3000
Lot Size
50' x 150'
Acreage
< .50
Fronting
East
Taxes
$5,237 (2023)
Basement
Finished, Full
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Other
Garage Type
None
Room Summary
RoomLevelSizeFeatures
DiningMain12.83' x 15.68'
LivingMain12.93' x 12.34'
BrMain12.93' x 12.24'
KitchenLower11.42' x 17.32'
FamilyLower11.75' x 17.26'
BrLower11.25' x 11.25'
Prim Bdrm2nd12.40' x 12.93'
Br2nd10.24' x 14.17'
Br2nd10.24' x 11.25'
RecBsmt15.49' x 22.18'
OtherBsmt12.24' x 16.93'
WorkshopBsmt7.84' x 5.51'
Oakville Market Statistics
Oakville Price Trend
251 JENNINGS Cres is a 4-bedroom 3-bathroom home listed for sale at $1,654,900, which is $599,602 (26.6%) lower than the average sold price of $2,254,502 in the last 30 days (November 3 - December 2). During the last 30 days the average sold price for a 4 bedroom home in Oakville increased by $380,105 (20.3%) compared to the previous 30 day period (October 4 - November 2) and up $145,268 (6.9%) from the same time one year ago.
Inventory Change
There were 211 4-bedroom homes listed in Oakville over the last 30 days (November 3 - December 2), which is up 42.6% compared with the previous 30 day period (October 4 - November 2) and up 102.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Oakville typically sold ($74,692) (3.3%) below asking price over the last 30 days (November 3 - December 2), which represents a $1,054 increase compared to the previous 30 day period (October 4 - November 2) and ($82,902) 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 (November 3 - December 2) stood at 43.6%, down from 52.7% over the previous 30 days (October 4 - November 2) and down from 44.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Oakville stood at 27 days when successfully sold over the last 30 days (November 3 - December 2), compared to 79 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Aboutowne Realty Corp.
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