257 Wales Cres

FOR SALE
$1,597,000
257 Wales Cres, Oakville
257 Wales Cres
257 Wales Cres
257 Wales Cres
257 Wales Cres
257 Wales Cres
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257 Wales Cres
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2 + 2
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
5 + 3
ROOMS
W9369502
MLSID
Contact Us
Property Description
This move-in ready bungalow is located in one of South Oakville's most desirable neighbourhoods and is full of possibilities. The main floor features gleaming hardwood floors, 2 generously sized bedrooms both with luxurious ensuite bathrooms, an additional powder room and a well appointed kitchen with stainless steel appliances, quartz countertops and walk-out to the private and tranquil backyard. The basement has a separate entrance, 2 large bedrooms, 4-piece bathroom, spacious rec room, 2nd laundry and full kitchen with stainless steel appliances and quartz countertops perfect for an in-law or nanny suite or additional rental income. The garage has been fully finished with its own HVAC system and is currently used as an office. RL3-0 zoning allows even more options should you wish to build your dream home. The reverse pie lot is amongst many new multi-million dollar custom homes and could be rented out to carry itself while you design your plans. Steps to Bronte Village and the lake, QEP Community Centre, Bronte GO, Coronation Park, quaint shops and cafes are but a few of the amenities and nearby attractions. Great schools, marinas, walking trails & highway access make this a terrific investment whether you intend to live in it as is, renovate, or build new.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-10-26 2023-11-11 16 $1,489,000 - Terminated
2023-10-06 2023-10-26 20 $1,549,000 - Terminated
2019-06-05 2019-09-05 92 $999,000 - Expired
Nearby Intersections
Property Features
Arts Centre, Beach, Library, Marina, Park, School
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
60' x 120'
Acreage
< .50
Lot Irregularities
106.10' x 85.06' x 120.18' x 60.11'
Fronting
West
Taxes
$5,336 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain10.20' x 14.04'Hardwood Floor, Open Concept, O/Looks Dining
DiningMain9.09' x 14.11'Hardwood Floor, O/Looks Living, Open Concept
KitchenMain14.14' x 14.11'Stainless Steel Appl, Hardwood Floor, W/O To Patio
Prim BdrmMain12.43' x 14.53'Hardwood Floor, 4 Pc Ensuite
2nd BrMain9.61' x 12.53'3 Pc Ensuite, Hardwood Floor
LaundryMain6.36' x 7.61'
3rd BrBsmt13.71' x 11.61'
4th BrBsmt9.51' x 11.68'
RecBsmt14.53' x 19.00'
LaundryBsmt13.68' x 7.05'
Oakville Market Statistics
Oakville Price Trend
257 Wales Cres is a 2-bedroom 4-bathroom home listed for sale at $1,597,000, which is $129,525 (8.8%) higher than the average sold price of $1,467,475 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 2 bedroom home in Oakville declined by $559,625 (27.6%) compared to the previous 30 day period (August 18 - September 16) and down $124,525 (7.8%) from the same time one year ago.
Inventory Change
There were 12 2-bedroom homes listed in Oakville over the last 30 days (September 17 - October 16), which is up 100.0% compared with the previous 30 day period (August 18 - September 16) and up 9.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Oakville typically sold ($42,000) (2.9%) below asking price over the last 30 days (September 17 - October 16), which represents a $37,880 increase compared to the previous 30 day period (August 18 - September 16) and ($55,359) 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 2-bedroom homes in Oakville over the last 30 days (September 17 - October 16) stood at 33.3%, down from 83.3% over the previous 30 days (August 18 - September 16) and down from 45.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 4-bathroom home in Oakville stood at 29 days when successfully sold over the last 30 days (September 17 - October 16), compared to 187 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Aboutowne Realty Corp.
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