394 Sixteen Mile Dr

FOR SALE
$1,199,000
394 Sixteen Mile Dr, Oakville
394 Sixteen Mile Dr
394 Sixteen Mile Dr
394 Sixteen Mile Dr
394 Sixteen Mile Dr
394 Sixteen Mile Dr
394 Sixteen Mile Dr
394 Sixteen Mile Dr
394 Sixteen Mile Dr
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3
BEDROOMS
4
BATHROOMS
1
KITCHENS
12
ROOMS
W12021528
MLSID
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Property Description
Rarely Available Executive Townhome with Double Car Garage in Oakvilles Prime Neighborhood! This spacious 2000 sq ft townhouse features 3 bedrooms and 4 bathrooms, offering plenty of space and convenience for families. The thoughtful layout includes four bathrooms, ensuring comfort and privacy for everyone. The primary bedroom boasts its own private ensuite, while a full bathroom serves the additional bedrooms. Two powder rooms, located on the ground and second floors, offer extra comfort for guests. At the heart of this home is the large, modern kitchen, complete with quartz countertops, stainless steel appliances, and a spacious breakfast area that opens to a balcony. Located in a highly sought-after neighborhood, this home is just minutes from shopping, public transit, Oakville Hospital, parks, schools, and the Sixteen Mile Sports Complex. Enjoy being surrounded by parks, walking trails, and top-rated public and separate schools, all within walking distance. Public transit is at your doorstep, and major highways are nearby, making this the perfect home for families and commuters. Schedule a viewing today and experience the perfect blend of luxury and convenience!
Nearby Intersections
Property Features
Hospital, Library, Park, Public Transit, School
Property Details
Property Type
Att/Row/Townhouse, 3-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
20' x 60'
Fronting
North
Taxes
$4,630 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Garage Type
Built-In
Oakville Market Statistics
Oakville Price Trend
394 Sixteen Mile Dr is a 3-bedroom 4-bathroom townhome listed for sale at $1,199,000, which is $121,442 (11.3%) higher than the average sold price of $1,077,558 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom townhome in Oakville declined by $61,156 (5.4%) compared to the previous 30 day period (December 22 - January 20) and up $56,583 (5.5%) from the same time one year ago.
Inventory Change
There were 94 3-bedroom townhomes listed in Oakville over the last 30 days (January 21 - February 19), which is up 108.9% compared with the previous 30 day period (December 22 - January 20) and up 88.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Oakville typically sold ($36,727) (3.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $8,508 decrease compared to the previous 30 day period (December 22 - January 20) and $5,853 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 3-bedroom townhomes in Oakville over the last 30 days (January 21 - February 19) stood at 31.9%, down from 46.7% over the previous 30 days (December 22 - January 20) and down from 72.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom townhome in Oakville stood at 27 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Cityscape Real Estate Ltd.
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