292 Still's Lane
1006 - FD Ford, Oakville, L6J 5Y5
FOR SALE
$1,749,000

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Property Description
Terrific investment opportunity. Premium street with a 70 x 120 building lot zoned RL2-0. Maximum lot coverage of 30% and maximum residential floor ratio of 40% would support a new build of approx. 3360 sq ft. Buyer to do their own due diligence with Town of Oakville. Backing onto Maple Grove Arena Tennis Court this area has excellent access to QEW (via Ford Dr) and a short walk to Oakville Trafalgar High School. Property is being sold "AS IS WHERE IS" with no warranties. No internal house showings. Please book showing through showingtime system to walk the lot. There is a tenant on premises that requires 2 hour notice please.
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
70' x 120'
Fronting
West
Taxes
$8,093 (2024)
Basement
Full
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Garage Type
Attached
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Oakville Market Statistics
Oakville Price Trend
292 Still's Lane is a 4-bedroom 3-bathroom home listed for sale at $1,749,000, which is $471,590 (21.2%) lower than the average sold price of $2,220,590 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Oakville increased by $107,747 (5.1%) compared to the previous 30 day period (December 22 - January 20) and down $181,508 (7.6%) from the same time one year ago.Inventory Change
There were 163 4-bedroom homes listed in Oakville over the last 30 days (January 21 - February 19), which is up 49.5% compared with the previous 30 day period (December 22 - January 20) and up 40.5% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Oakville typically sold ($118,293) (5.3%) below asking price over the last 30 days (January 21 - February 19), which represents a $39,090 decrease compared to the previous 30 day period (December 22 - January 20) and ($75,180) 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 (January 21 - February 19) stood at 19.6%, down from 29.4% over the previous 30 days (December 22 - January 20) and down from 53.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Oakville stood at 24 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 Right At Home Realty, Brokerage
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