423 Smith Lane
1020 - WO West, Oakville, L6L 4X1
FOR SALE
$1,499,000
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Property Description
Attention custom home builders! get ready to build! Reduce your timeline and build this spring! located in one of Oakville's best neighborhood pockets - here is an opportunity to build the home of your dreams. Quiet location surrounded by prestigious customs builds, this 74 foot wide lot has allowed for a new custom build of 3500 sq.ft! Call today for detailed architectural plans / construction drawings. Not ready to build today? The existing 3+1-bedroom home is larger than it looks and is a fantastic option to renovate and an excellent investment opportunity to live in a high demand neighbourhood!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-06-25 | 2024-08-23 | 59 | $1,430,000 | $1,380,000 | Sold |
2021-03-13 | 2021-03-23 | 10 | $1,325,000 | $1,263,000 | Sold |
2021-02-26 | 2021-03-13 | 15 | $1,299,000 | - | Terminated |
Extras
none
Property Features
Library, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
74' x 102'
Fronting
West
Taxes
$5,841 (2024)
Basement
Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 11.25' x 12.01' | |
Dining | Main | 8.17' x 9.58' | |
Living | Main | 11.09' x 19.42' | |
Prim Bdrm | Main | 10.99' x 11.09' | |
2nd Br | Main | 8.50' x 11.15' | |
3rd Br | Main | 8.99' x 10.50' | |
Rec | Bsmt | 16.99' x 27.00' | |
Br | Bsmt | 11.15' x 11.42' |
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Oakville Market Statistics
Oakville Price Trend
423 Smith Lane is a 3-bedroom 2-bathroom home listed for sale at $1,499,000, which is $131,289 (9.6%) higher than the average sold price of $1,367,711 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Oakville increased by $69,878 (5.4%) compared to the previous 30 day period (November 19 - December 18) and up $71,764 (5.5%) from the same time one year ago.Inventory Change
There were 47 3-bedroom homes listed in Oakville over the last 30 days (December 19 - January 17), which is up 23.7% compared with the previous 30 day period (November 19 - December 18) and up 113.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Oakville typically sold ($14,542) (1.1%) below asking price over the last 30 days (December 19 - January 17), which represents a $16,434 increase compared to the previous 30 day period (November 19 - December 18) and ($128,610) 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 3-bedroom homes in Oakville over the last 30 days (December 19 - January 17) stood at 55.3%, down from 181.6% over the previous 30 days (November 19 - December 18) and down from 86.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Oakville stood at 26 days when successfully sold over the last 30 days (December 19 - January 17), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Halton Heritage Realty Inc.
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