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Property Description
Discover Luxury living at 257 Wedgewood Drive. Western exposure allows for loads of sunlight, nestled amongst a canopy of mature trees in the prestigious and highly sought-after South East Oakville; Pride of Ownership for over 50 years. This property presents an unparalleled opportunity to renovate or build your own custom home in a prime location. The lot is perfectly livable while you embark on the exciting journey of applying for building permits, ensuring a seamless transition to your dream home. Situated on a generously sized lot measuring 111 X 136, this rare gem offers ample space to bring your dream home to life. The neighbourhood boasts proximity to downtown Oakville, allowing you to enjoy a leisurely stroll through the vibrant town and the tranquil shores of the lake. Immerse yourself in the charm of this upscale community, surrounded by top-notch public and private schools, green spaces, and cultural attractions. Follow your dream home right here at 257 Wedgewood Drive!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-02-01 | 2024-03-28 | 56 | $3,199,000 | - | Terminated |
| 2024-02-01 | 2024-03-28 | 56 | $3,199,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Lot Size
111' x 136'
Fronting
East
Taxes
$9,178 (2023)
Basement
Finished
Exterior
Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.52' x 16.34' | Bay Window, Fireplace, Open Concept |
| Kitchen | Main | 9.74' x 13.68' | Sliding Doors, Ceramic Floor, Walk-Out |
| Prim Bdrm | Main | 13.42' x 12.07' | Hardwood Floor |
| 2nd Br | Main | 12.24' x 12.07' | Broadloom |
| 3rd Br | Main | 10.17' x 12.01' | Broadloom |
| Family | Lower | 12.83' x 23.49' | |
| Utility | Lower | 11.32' x 21.26' | |
| Laundry | Lower | 7.41' x 8.01' |
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Oakville Market Statistics
Oakville Price Trend
257 Wedgewood Dr is a 3-bedroom 2-bathroom home listed for sale at $3,099,000, which is $1,618,043 (109.3%) higher than the average sold price of $1,480,957 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 3 bedroom home in Oakville increased by $17,507 (1.2%) compared to the previous 30 day period (February 26 - March 26) and down $2,640 (0.2%) from the same time one year ago.Inventory Change
There were 101 3-bedroom homes listed in Oakville over the last 30 days (March 27 - April 25), which is up 24.7% compared with the previous 30 day period (February 26 - March 26) and up 38.4% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Oakville typically sold $29 (0.0%) above asking price over the last 30 days (March 27 - April 25), which represents a $4,092 decrease compared to the previous 30 day period (February 26 - March 26) and $10,931 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 3-bedroom homes in Oakville over the last 30 days (March 27 - April 25) stood at 79.2%, up from 76.5% over the previous 30 days (February 26 - March 26) and down from 94.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Oakville stood at 9 days when successfully sold over the last 30 days (March 27 - April 25), compared to 43 days before being removed from the market upon being suspended or terminated.Listing contracted with Engel & Volkers Oakville
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