3043 Eighth Line
Rural Oakville, Oakville, L6H 7H5
FOR SALE
$5,500,000
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4
BEDROOMS2
BATHROOMS1
KITCHENS8 + 1
ROOMSW7402320
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Property Description
Investors, This One Is A Hot Spot!!! Welcome To Thee Boarder Line Of Rural Oakville, Located Right On The Major Intersection To Oakville's Most Prestigious Neighborhoods! Just Over An Acre Of Land That Is Suitable For Great Development Of Townhomes, Condominiums Or Your Dream Home!! Currently Situated On The Property Is A Well-Maintained 2800 sq.ft Home, Featuring 4 Bedrooms, 2 Baths , A Finished Basement With Separate Entrance And A Barn With A Separate 600 V Hydro Connection, While The Home Has 200 V. The Property Is Equipped With Various Utilities, Including Sewers And Municipal Water Right At The Road, Sump Pump & Much More! Enjoy The Luxury Of Being In The GTA Without Feeling Clustered, But Still Close Enough To All Major Cities. 1- 5 Minute Drive To All The Essentials Including Restaurants, Highways & More! You Cannot Lose In Which Path You Choose To Invest In Here, This Is A Rare Find. Must See To Appreciate All The Details And Features Offered!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-12-06 | 2023-12-30 | 389 | $5,699,900 | - | Expired |
| 2020-12-14 | 2021-12-31 | 382 | $4,600,000 | - | Expired |
| 2020-01-22 | 2020-12-14 | 327 | $5,500,000 | - | Terminated |
| 2019-01-17 | 2019-12-31 | 348 | $3,999,900 | - | Expired |
| 2018-10-09 | 2019-01-17 | 100 | $4,500,000 | - | Terminated |
Extras
Survey Attached. Taxes Are Farm Taxes. Interior & Exterior Photos To Come This Week - Book Your Showing Ahead Of The Reveal!
Nearby Intersections
Dundas & Trafalgar (146)
8th Line & Dundas (34)
Property Features
Fenced Yard, Hospital, Library, Park, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
2500-3000
Lot Size
166' x 270'
Acreage
.50-1.99
Fronting
West
Taxes
$1,974 (2023)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Window Unit
Water
Well
Parking Spaces
7
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 18.04' x 15.09' | |
| Kitchen | Main | 12.99' x 15.09' | |
| Prim Bdrm | Main | 15.09' x 15.09' | |
| 2nd Br | Main | 12.99' x 11.48' | |
| 3rd Br | Main | 10.99' x 9.84' | |
| Br | Main | 14.76' x 15.58' | |
| 4th Br | Main | 14.76' x 11.48' | |
| Rec | Lower | 25.00' x 18.04' |
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Oakville Market Statistics
Oakville Price Trend
3043 Eighth Line is a 4-bedroom 2-bathroom home listed for sale at $5,500,000, which is $3,402,739 (162.2%) higher than the average sold price of $2,097,261 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 4 bedroom home in Oakville declined by $36,669 (1.7%) compared to the previous 30 day period (February 28 - March 28) and down $17,928 (0.8%) from the same time one year ago.Inventory Change
There were 180 4-bedroom homes listed in Oakville over the last 30 days (March 29 - April 27), which is up 23.3% compared with the previous 30 day period (February 28 - March 28) and up 35.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Oakville typically sold ($40,693) (1.9%) below asking price over the last 30 days (March 29 - April 27), which represents a $23,912 decrease compared to the previous 30 day period (February 28 - March 28) and $3,817 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 (March 29 - April 27) stood at 62.8%, down from 65.1% over the previous 30 days (February 28 - March 28) and down from 81.2% 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 21 days when successfully sold over the last 30 days (March 29 - April 27), compared to 32 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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