261 Cherryhill Rd

FOR SALE
$1,489,000
261 Cherryhill Rd, Oakville
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
W12017663
MLSID
Contact Us
Property Description
Welcome to a charming bungalow nestled in the heart of Bronte Village, Oakville, offering the perfect balance of comfort and opportunity. This spacious 3-bedroom, 2-bathroom home boasts a generous interior living area perfect for families seeking a harmonious lifestyle in a peaceful, tree-lined street. Surrounded by multi-million dollar homes, this property is situated on a substantial 62ft x 117ft lot, providing both privacy and potential. Inside, you'll discover a sunlit, well-maintained space featuring updated windows, newer laminate flooring(2019) and pot lights that add a modern touch. The updated kitchen in 2019, offers a stylish space for culinary pursuits, while the newer roof (2020) and hot water heater (2022) ensure peace of mind and move-in readiness. This home offers ample opportunity for those looking to personalize and make modifications to suit individual tastes or perhaps renovate and transform it entirely into a dream home. The possibilities are endless on this quiet, desirable street, just a few minutes' walk to the lake, schools, parks, and the vibrant Bronte Village. Conveniently located with easy access to the Bronte GO station and QEW, this home is ideal for commuters and those who appreciate quick connections to the broader region. Currently tenanted on a month-to-month basis by AAA tenants who are highly cooperative with showings and open to staying on, this property presents both a comfortable living arrangement and an investment opportunity. Experience the fulfilling blend of comfortable living and future potential that this bungalow promises, right in the heart of Oakville's most cherished neighborhood.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-03 2024-11-17 80 $1,648,888 - Suspended
2020-09-10 2020-09-26 16 $2,900 $2,900 Leased
2019-09-12 2019-12-06 91 $2,900 - Expired
2019-05-28 2019-07-12 45 $999,900 $930,000 Sold
2019-03-30 2019-05-28 59 $1,025,000 - Terminated
2018-09-13 2018-12-14 92 $1,075,000 - Expired
Nearby Intersections
Property Features
Fenced Yard, Lake/Pond, Marina, Park, Place Of Worship, School
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
62' x 117'
Acreage
< .50
Fronting
East
Taxes
$5,173 (2024)
Basement
Full, Part Fin
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Available
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain13.09' x 14.83'Laminate, O/Looks Frontyard, Pot Lights
KitchenMain12.24' x 15.68'Eat-In Kitchen, Laminate, Quartz Counter
DiningMain9.09' x 9.25'Laminate, Pot Lights, W/O To Deck
Prim BdrmMain11.32' x 12.83'Laminate, Closet
2nd BrMain8.83' x 12.01'Laminate
3rd BrMain8.76' x 9.74'Laminate
RecBsmt12.01' x 22.01'Broadloom, Above Grade Window
LaundryBsmt10.33' x 10.99'
LaundryBsmt10.33' x 10.99'
WorkshopBsmt11.32' x 14.17'
Oakville Market Statistics
Oakville Price Trend
261 Cherryhill Rd is a 3-bedroom 2-bathroom home listed for sale at $1,489,000, which is $79,821 (5.1%) lower than the average sold price of $1,568,821 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Oakville increased by $58,294 (3.9%) compared to the previous 30 day period (December 22 - January 20) and up $126,578 (8.8%) from the same time one year ago.
Inventory Change
There were 77 3-bedroom homes listed in Oakville over the last 30 days (January 21 - February 19), which is up 60.4% compared with the previous 30 day period (December 22 - January 20) and up 42.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Oakville typically sold ($29,933) (1.9%) below asking price over the last 30 days (January 21 - February 19), which represents a $4,201 decrease compared to the previous 30 day period (December 22 - January 20) and ($15,718) 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 (January 21 - February 19) stood at 54.5%, up from 37.5% over the previous 30 days (December 22 - January 20) and down from 68.5% 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 14 days when successfully sold over the last 30 days (January 21 - February 19), compared to 72 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Crossroads Realty Inc.
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