279 MACDONALD Rd

FOR SALE
$2,299,000
279 MACDONALD Rd, Oakville
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4
BEDROOMS
2
BATHROOMS
1
KITCHENS
10 + 3
ROOMS
W10404462
MLSID
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Property Description
Fabulous renovation opportunity in prime Old Oakville. Original C.1912 brick 2 1/2 storey residence with dreamy front porch. Located mid-block and in an elevated position on this exceptionally bright and quiet property measuring 60' x 192' and over 11,500 Square Feet. Enter from the porch into the grand foyer with oak staircase and soaring 9'0 ceilings. Beautiful principal rooms with original large-scale windows. The Kitchen is located across the rear with access to a 3-piece washroom and walk-out to deck and garden. The second floor features 4 Bedrooms and a family Bathroom. The third floor offers great potential as a future primary suite or retreat overlooking the treetops of Old Oakville. Dry Lower Level with concrete block foundation. Forced air gas heating and central air conditioning. This property has endless possibilities for renovation and/or additions. To the rear of the lot is a large double-height wooden drive-shed, perfect for the hobbyist or future retreat. Walking distance to Downtown Oakville, Oakville GO Station, Whole Foods Plaza, OT Rec Centre & Pool, Wallace Park Tennis Club, Skating Rink & Basketball. OTHS, New Central, Maple Grove, E.J.James School District. Don't miss!
Property Features
Hospital
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
60' x 192'
Acreage
< .50
Taxes
$8,404 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Oakville Market Statistics
Oakville Price Trend
279 MACDONALD Rd is a 4-bedroom 2-bathroom home listed for sale at $2,299,000, which is $101,628 (4.6%) higher than the average sold price of $2,197,372 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 4 bedroom home in Oakville increased by $272,906 (14.2%) compared to the previous 30 day period (September 23 - October 22) and up $277,392 (14.4%) from the same time one year ago.
Inventory Change
There were 217 4-bedroom homes listed in Oakville over the last 30 days (October 23 - November 21), which is up 39.1% compared with the previous 30 day period (September 23 - October 22) and up 69.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Oakville typically sold ($71,390) (3.2%) below asking price over the last 30 days (October 23 - November 21), which represents a $2,091 increase compared to the previous 30 day period (September 23 - October 22) and ($56,513) 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 (October 23 - November 21) stood at 43.3%, down from 47.4% over the previous 30 days (September 23 - October 22) and up from 39.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Oakville stood at 26 days when successfully sold over the last 30 days (October 23 - November 21), compared to 62 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Real Estate Services Ltd., Brokerage
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