261 Cherryhill Rd

FOR SALE
$1,648,888
261 Cherryhill Rd, Oakville
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
261 Cherryhill Rd
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
W9297462
MLSID
Contact Us
Property Description
Location! Location! Location!! In The Heart Of Bronte Village, Surrounded By Many Custom Built Homes. A Great Opportunity For You To Renovate Or Build A New Dream Home In An Area Under Revitalization With Numerous Rebuilds Of Multi-Million$ Homes. A 62Ft Wide X 117Ft Lot. Rare Opportunity On This Highly Desirable Street - Tree Lined & Surrounded By Other Multi-Million Dollar Homes! *Mins Walk To Lake! Schools, Parks, Bronte Village! Short drive to Bronte GO and QEW. The house was newly renovated in 2019, roof was replaced in 2020 and is currently tenanted month to month with AAA tenants who are very cooperative and supportive with the showing process and willing to stay if possible. Perfect opportunity for both rebuild and investment. Rebuild plan is in place and can be provided with the sale.
Listing History
List Date End Date Days Listed List Price Sold Price Status
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 Details
Community
Property Type
Detached, Bungalow
Lot Size
62' x 117'
Fronting
East
Taxes
$5,173 (2024)
Basement
Part Fin
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
None
Oakville Market Statistics
Oakville Price Trend
261 Cherryhill Rd is a 3-bedroom 2-bathroom home listed for sale at $1,648,888, which is $155,138 (10.4%) 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 Bay Street Group Inc.
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