280 BALSAM Dr

FOR SALE
$6,395,000
280 BALSAM Dr, Oakville
280 BALSAM Dr
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4
BEDROOMS
7
BATHROOMS
1
KITCHENS
18 + 4
ROOMS
W11928405
MLSID
Contact Us
Property Description
Introducing an exceptional custom-built residence in the heart of downtown Oakville. This breathtaking sidesplit home offers unparalleled luxury, just steps from the lively downtown scene and the tranquil lakefront. With over 6,600 square feet of meticulously crafted living space, this property harmoniously blends sophistication and comfort. Each spacious bedroom is accompanied by its own private ensuite, providing both privacy and convenience for every family member. Host with ease at one of the three fully-equipped bars, ideal for entertaining or enjoying a quiet evening. The professionally landscaped grounds and stunning hardscaping set the stage for a picturesque outdoor oasis, complementing the home's impeccably maintained interior. Whether working from home in one of the two dedicated offices or relaxing on the covered screened porch by the cozy fireplace, this home offers a seamless living experience. Every detail has been thoughtfully updated with high-end finishes throughout. This residence isn't just a homeit's a lifestyle. Discover the pinnacle of luxury living in one of Oakville's most sought-after neighborhoods. Your dream home awaits!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-22 2024-11-22 92 $6,495,000 - Expired
2024-08-22 2024-11-22 92 $6,495,000 - Expired
Extras
Control 4 Distributed Audio with 10 Zones
Property Details
Street
Property Type
Detached, Other
Lot Size
144' x 153'
Acreage
.50-1.99
Fronting
West
Taxes
$28,833 (2024)
Basement
Crawl Space, Finished
Exterior
Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
11
Driveway
Other
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FamilyMain16.31' x 22.87'Fireplace
DiningMain11.22' x 15.65'
KitchenMain21.98' x 22.90'
LivingMain12.89' x 16.73'
OfficeMain10.56' x 13.06'Murphy Bed
BrMain13.32' x 14.50'4 Pc Bath
BrUpper14.90' x 20.47'3 Pc Bath
BrUpper13.39' x 14.60'3 Pc Bath
Prim BdrmUpper14.07' x 20.47'5 Pc Bath
RecLower15.19' x 19.29'
ExerciseLower13.58' x 19.78'
GamesLower12.89' x 28.18'
Oakville Market Statistics
Oakville Price Trend
280 BALSAM Dr is a 4-bedroom 7-bathroom home listed for sale at $6,395,000, which is $4,242,725 (197.1%) higher than the average sold price of $2,152,275 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in Oakville increased by $64,906 (3.1%) compared to the previous 30 day period (November 19 - December 18) and up $274,984 (14.6%) from the same time one year ago.
Inventory Change
There were 97 4-bedroom homes listed in Oakville over the last 30 days (December 19 - January 17), which is up 2.1% compared with the previous 30 day period (November 19 - December 18) and up 106.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Oakville typically sold ($63,318) (2.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $4,146 increase compared to the previous 30 day period (November 19 - December 18) and ($95,235) 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 4-bedroom homes in Oakville over the last 30 days (December 19 - January 17) stood at 45.4%, down from 117.9% over the previous 30 days (November 19 - December 18) and down from 72.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 7-bathroom home in Oakville stood at 40 days when successfully sold over the last 30 days (December 19 - January 17), compared to 71 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Aboutowne Realty Corp.
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