261 Albion Ave

Eastlake, Oakville, L6J 4T4
FOR SALE
$4,795,000
261 Albion Ave, Oakville
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
261 Albion Ave
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4 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
12 + 4
ROOMS
W9295190
MLSID
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Property Description
Nestled on a tranquil family friendly street in highly desirable South East Oakville this home offers timeless charm and character with enduring quality. Designed by John Wilmott, Architect and custom built by Master Builder Platt Fine Homes. Set on a private 100 x 165 foot professionally landscaped lot with an 18 x 36 foot in-ground salt water pool. This thoughtful design features 4+1 generously sized bedrooms with a true Primary Bedroom Retreat, a Spa Ensuite with Freestanding Soaker Tub, Heated Floor and Double Walk In Closets, 5 Washrooms, Formal Dining Room and Living Room (gas fireplace), expansive Family Room (gas fireplace), Family Sized Eat-in Kitchen overlooking the patio and pool, Main Floor Office, Laundry Room and large Mud Room with access to Oversized Double Car Garage (rough-in for electric vehicle charger). The lower level offers versatility with a Recreation Room, Guest Bedroom, Exercise/Flex Space and Wine Cellar. Sophistication and comfort throughout with feelings of warmth and elegance. Impeccably detailed executive living space featuring premium White Oak Hardwood (Floors & Stairs), Pocket Doors, Custom Millwork, Skylight, Oversized Trim, Cornice Molding, Solid Core Doors, 84 x 62 inch Centre Island with Peribonka Antique Brushed Granite Countertop, multiple Patio Door Walk-outs and oversized lower level windows to maximize natural light. Craftsmanship and seamless continuity is evident in this home. Don't miss the chance to appreciate this exceptional family residence.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-29 2024-08-31 94 $5,198,000 - Terminated
Extras
SS Appliances & Hood Fan, Miele Built-In Dishwasher, Whirlpool Washer & Dryer, Gas Fireplaces (2), AV System, Samsung Frame TV, Existing Light Fixtures, Existing Window Coverings, Auto Garage Door Openers (2), Built-In Ceiling Speakers.
Property Features
Park, Place Of Worship, School
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
100' x 165'
Fronting
East
Taxes
$19,155 (2024)
Basement
Part Fin
Exterior
Other, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
6
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain19.42' x 14.14'Gas Fireplace, B/I Bookcase, Pot Lights
DiningMain17.91' x 13.48'Panelled, Pot Lights, Formal Rm
KitchenMain19.69' x 22.57'Eat-In Kitchen, B/I Appliances, Stone Counter
FamilyMain16.47' x 22.74'Gas Fireplace, O/Looks Backyard, W/O To Pool
OfficeMain7.68' x 13.78'B/I Desk, Tile Floor, W/O To Patio
Prim Bdrm2nd19.03' x 13.98'5 Pc Ensuite, W/I Closet, Closet Organizers
2nd Br2nd15.42' x 13.98'4 Pc Ensuite, Double Closet, Hardwood Floor
3rd Br2nd14.80' x 19.26'Semi Ensuite, Double Closet, Bow Window
4th Br2nd12.63' x 13.25'Semi Ensuite, Double Closet, Large Window
5th BrBsmt17.32' x 13.58'Above Grade Window, Closet, 3 Pc Bath
RecBsmt16.67' x 31.73'Pot Lights, Above Grade Window, Double Doors
ExerciseBsmt25.23' x 26.80'Concrete Floor, Above Grade Window
Oakville Market Statistics
Oakville Price Trend
261 Albion Ave is a 4-bedroom 5-bathroom home listed for sale at $4,795,000, which is $2,739,986 (133.3%) higher than the average sold price of $2,055,014 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 4 bedroom home in Oakville increased by $196,207 (10.6%) compared to the previous 30 day period (July 20 - August 18) and up $68,214 (3.4%) from the same time one year ago.
Inventory Change
There were 164 4-bedroom homes listed in Oakville over the last 30 days (August 19 - September 17), which is up 49.1% compared with the previous 30 day period (July 20 - August 18) and up 12.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Oakville typically sold ($58,032) (2.8%) below asking price over the last 30 days (August 19 - September 17), which represents a $5,283 decrease compared to the previous 30 day period (July 20 - August 18) and ($56,999) 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 (August 19 - September 17) stood at 42.7%, down from 59.1% over the previous 30 days (July 20 - August 18) and up from 37.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Oakville stood at 21 days when successfully sold over the last 30 days (August 19 - September 17), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Torlon Realty Corporation Brokerage
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