257 Wedgewood Dr

Eastlake, Oakville, L6J 4R6
FOR SALE
$2,899,000
257 Wedgewood Dr, Oakville
257 Wedgewood Dr
257 Wedgewood Dr
257 Wedgewood Dr
257 Wedgewood Dr
257 Wedgewood Dr
257 Wedgewood Dr
257 Wedgewood Dr
257 Wedgewood Dr
257 Wedgewood Dr
257 Wedgewood Dr
257 Wedgewood Dr
257 Wedgewood Dr
257 Wedgewood Dr
257 Wedgewood Dr
257 Wedgewood Dr
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
9
ROOMS
W9298125
MLSID
Contact Us
Property Description
This property presents an unparalleled opportunity to renovate or build your own custom home in a prime location. Envision your future in one of Oakville's most coveted neighbourhoods, where luxury, convenience, and lifestyle converge seamlessly. Western exposure allows for loads of sunlight, nestled amongst a canopy of mature trees. Pride of Ownership for over 50 years. The home 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 111 X 136 lot, (15,000 + sq.ft lot) this rare gem offers ample space to bring your dream home to life. The neighbourhood boasts close 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, Oakville!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-24 2024-08-29 97 $2,998,000 - Terminated
2024-05-24 2024-08-13 81 $2,998,000 - Suspended
2024-03-28 2024-05-24 57 $3,099,000 - Terminated
2024-02-01 2024-03-28 56 $3,199,000 - Terminated
2024-02-01 2024-03-28 56 $3,199,000 - Terminated
Property Details
Community
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
Room Summary
RoomLevelSizeFeatures
LivingMain11.52' x 16.34'Bay Window, Fireplace, Open Concept
KitchenMain9.74' x 13.68'Sliding Doors, Ceramic Floor, Walk-Out
Prim BdrmMain13.42' x 12.07'Hardwood Floor
2nd BrMain12.24' x 12.07'Broadloom
3rd BrMain10.17' x 12.01'Broadloom
FamilyLower12.83' x 23.49'
UtilityLower11.32' x 21.26'
LaundryLower7.41' x 8.01'
Oakville Market Statistics
Oakville Price Trend
257 Wedgewood Dr is a 3-bedroom 2-bathroom home listed for sale at $2,899,000, which is $1,405,250 (94.1%) higher than the average sold price of $1,493,750 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 3 bedroom home in Oakville increased by $109,696 (7.9%) compared to the previous 30 day period (July 17 - August 15) and up $55,900 (3.9%) from the same time one year ago.
Inventory Change
There were 99 3-bedroom homes listed in Oakville over the last 30 days (August 16 - September 14), which is up 54.7% compared with the previous 30 day period (July 17 - August 15) and up 35.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Oakville typically sold ($68,188) (4.6%) below asking price over the last 30 days (August 16 - September 14), which represents a $17,077 decrease compared to the previous 30 day period (July 17 - August 15) and ($17,166) 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 (August 16 - September 14) stood at 52.5%, down from 85.9% over the previous 30 days (July 17 - August 15) and down from 56.2% 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 26 days when successfully sold over the last 30 days (August 16 - September 14), compared to 55 days before being removed from the market upon being suspended or terminated.
Listing contracted with Engel & Volkers Oakville
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