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Property Description
Superior Rare Wide Lot Ideal for Builders/Investors! This exceptional property, located in the prestigious Eastlake neighborhood, offers over 15,000 sq. ft. of prime real estate. Surrounded by multi-million dollars homes, this rare lot presents an incredible opportunity for development. The property features RL-01 zoning (maximum lot coverage of 30%) and is being sold "As Is," providing flexibility for your plans. Included in the sale is an exterior skimmer pool with complete filtration equipment, perfect for unwinding and enjoying serene moments by the pool deck. Relish the tranquility of the beautiful backyard, ideal for relaxing with a coffee and rejuvenating your soul. Listing agent related to the Seller.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-07 | 2024-05-17 | 11 | $4,400 | $3,500 | Leased |
| 2023-12-20 | 2024-01-01 | 12 | $4,400 | - | Terminated |
| 2023-11-04 | 2023-12-20 | 46 | $4,500 | - | Terminated |
| 2022-05-11 | 2022-05-14 | 4 | $3,500 | $3,700 | Leased |
| 2021-08-18 | 2021-08-18 | 1 | $2,999,000 | $2,900,000 | Sold |
| 2021-05-06 | 2021-05-10 | 4 | $2,699,000 | $2,700,000 | Sold |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
103' x 145'
Fronting
East
Taxes
$10,067 (2024)
Basement
Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Private
Garage Type
Built-In
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Oakville Market Statistics
Oakville Price Trend
275 Eastcourt Rd is a 2-bedroom 2-bathroom home listed for sale at $3,100,000, which is $725,000 (19.0%) lower than the average sold price of $3,825,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Oakville increased by $2,362,550 (161.5%) compared to the previous 30 day period (December 22 - January 20) and up $2,597,000 (211.5%) from the same time one year ago.Inventory Change
There were 6 2-bedroom homes listed in Oakville over the last 30 days (January 21 - February 19), which is down 25.0% compared with the previous 30 day period (December 22 - January 20) and down 25.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Oakville typically sold $500 (0.0%) above asking price over the last 30 days (January 21 - February 19), which represents a $63,000 increase compared to the previous 30 day period (December 22 - January 20) and ($18,749) more 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 2-bedroom homes in Oakville over the last 30 days (January 21 - February 19) stood at 33.3%, up from 25.0% over the previous 30 days (December 22 - January 20) and down from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Oakville stood at 8 days when successfully sold over the last 30 days (January 21 - February 19), compared to 14 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Gold Realty Inc.
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