2558 Nichols Dr

FOR SALE
$2,058,000
2558 Nichols Dr, Oakville
2558 Nichols Dr
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4 + 2
BEDROOMS
4
BATHROOMS
2
KITCHENS
11
ROOMS
W8197364
MLSID
Contact Us
Property Description
Located within highly desirable school districts, this charming and expansive residence, built in 2003, is perfect for a growing family. Spanning 2,735 square feet according to MPAC and an additional finished walk-out apartment, it offers ample space for comfortable living. The ground floor boasts a generous 9-foot ceiling, accentuating a newly renovated contemporary kitchen with stainless steel appliances, including a gas stove and plenty of storage space, seamlessly connected to a sunlit solarium breakfast area. A two-sided fireplace graces the ground floor, enhancing the spacious family and dining rooms, while customized closets throughout provide ample storage. Ascend the elegant spiral staircase to discover the 2nd floor, where the primary suite awaits with dual walk-in closets and a luxurious 5-piece ensuite, alongside three additional bright and roomy bedrooms. Additionally, an open space, which leads out to a balcony, is perfect for an office. The lower level presents an in-law suite with a walkout to the backyard, boasting an office, a bedroom, and an open-concept kitchen. Bathed in sunlight from its southwest, the backyard lends a bright and airy ambiance to the entire property.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-06-19 2019-09-27 100 $1,249,900 $1,238,800 Sold
2019-05-06 2019-06-19 44 $1,249,900 - Terminated
2019-04-07 2019-05-01 24 $1,328,800 - Terminated
2019-02-01 2019-04-06 64 $1,349,800 - Terminated
2018-12-21 2019-02-01 42 $1,378,800 - Terminated
Extras
Fridge, Gas Stove, Range Hood, Dishwasher, B/I Microwave, Washer/Dryer, All Elfs, All Window Coverings, Garage Door Opener & Remote. Plus stove, fridge, washer/dryer in the bsmt.
Nearby Intersections
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
39' x 97'
Fronting
West
Taxes
$7,506 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
KitchenMain10.83' x 21.98'Combined W/Br, Modern Kitchen, Stainless Steel Appl
BreakfastMain10.83' x 21.98'W/O To Deck, Combined W/Kitchen, California Shutters
FamilyMain10.83' x 17.72'2 Way Fireplace, Hardwood Floor, Large Window
DiningMain11.48' x 16.73'2 Way Fireplace, Hardwood Floor, Combined W/Living
Prim Bdrm2nd14.44' x 18.37'5 Pc Ensuite, W/I Closet, Broadloom
2nd Br2nd14.11' x 17.39'Broadloom, Bay Window, W/I Closet
3rd Br2nd10.83' x 11.81'Broadloom, W/I Closet, Large Window
4th Br2nd10.17' x 11.15'Broadloom, Closet
BrBsmt8.86' x 10.17'Window, Closet
OfficeBsmt9.51' x 9.51'Large Window, Closet
KitchenBsmt17.72' x 19.36'Open Concept, Combined W/Living, W/O To Yard
Oakville Market Statistics
Oakville Price Trend
2558 Nichols Dr is a 4-bedroom 4-bathroom home listed for sale at $2,058,000, which is $42,674 (2.0%) lower than the average sold price of $2,100,674 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 4 bedroom home in Oakville increased by $16,768 (0.8%) compared to the previous 30 day period (February 29 - March 29) and down $15,849 (0.7%) from the same time one year ago.
Inventory Change
There were 179 4-bedroom homes listed in Oakville over the last 30 days (March 30 - April 28), which is up 26.1% compared with the previous 30 day period (February 29 - March 29) and up 30.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Oakville typically sold ($40,128) (1.9%) below asking price over the last 30 days (March 30 - April 28), which represents a $28,656 decrease compared to the previous 30 day period (February 29 - March 29) and ($1,232) 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 (March 30 - April 28) stood at 62.6%, down from 63.4% over the previous 30 days (February 29 - March 29) and down from 75.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Oakville stood at 21 days when successfully sold over the last 30 days (March 30 - April 28), compared to 32 days before being removed from the market upon being suspended or terminated.
Listing contracted with First Class Realty Inc.
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