463 Drummond Rd

Eastlake, Oakville, L6J 4L7
FOR SALE
$1,980,000
463 Drummond Rd, Oakville
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
463 Drummond Rd
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2 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
5 + 5
ROOMS
W9419939
MLSID
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Property Description
***Attention Builders and Investors. Great Opportunity To Build Your Dream Home In The Most Prestigious South/East Oakville Community. Surrounded By Multi-Million Dollar Homes. Architecture Plans Created For 3500Sf Above Grade And 1600+Sf Basement. Opportunity For Buyers To Make Final Touches. Well Kept Family Bungalow. Freshly Painted. Mature Private Oasis With A Backyard Pool And Deck. Amazing School District. Close To All Amenities, Transit, Shopping, Trails & Lake. Quiet And Safe Family Community. Stainless Steel Appliances. Wainscoting Throughout On Main Floor. Fireplace And Pot Lights.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-03-18 2024-09-30 196 $2,190,000 - Expired
2023-05-10 2023-08-31 113 $2,249,000 - Expired
2022-01-07 2022-02-01 25 $3,400 $3,400 Leased
2021-06-29 2021-08-25 57 $3,900 - Terminated
2021-03-29 2021-04-07 9 $1,750,000 $1,871,786 Sold
2019-05-28 2019-10-23 148 $1,399,000 - Expired
Property Features
Fenced Yard, Park, School
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
80' x 114'
Acreage
< .50
Fronting
North
Taxes
$3,317 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
6
Driveway
Circular
Garage Type
None
Room Summary
RoomLevelSizeFeatures
Prim BdrmMain9.51' x 13.42'Hardwood Floor, B/I Closet, Pot Lights
2nd BrMain10.17' x 10.24'Hardwood Floor, B/I Closet
LivingMain11.68' x 18.67'Hardwood Floor, Fireplace, Wainscoting
DiningMain9.58' x 11.09'Hardwood Floor, Wainscoting
KitchenMain8.07' x 15.09'Ceramic Floor, W/O To Deck, Stainless Steel Appl
3rd BrBsmt7.97' x 17.32'Laminate, Pot Lights
OfficeBsmt7.74' x 12.24'Laminate, Pot Lights
RecBsmt7.74' x 11.09'Laminate, Pot Lights
LaundryBsmt7.35' x 7.74'Ceramic Floor
OtherBsmt6.07' x 10.99'Laminate
Oakville Market Statistics
Oakville Price Trend
463 Drummond Rd is a 2-bedroom 3-bathroom home listed for sale at $1,980,000, which is $820,500 (70.8%) higher than the average sold price of $1,159,500 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 2 bedroom home in Oakville declined by $358,000 (23.6%) compared to the previous 30 day period (October 3 - November 1) and down $548,166 (32.1%) from the same time one year ago.
Inventory Change
There were 11 2-bedroom homes listed in Oakville over the last 30 days (November 2 - December 1), which is up 22.2% compared with the previous 30 day period (October 3 - November 1) and up 83.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Oakville typically sold ($58,879) (5.1%) below asking price over the last 30 days (November 2 - December 1), which represents a $79,404 decrease compared to the previous 30 day period (October 3 - November 1) and $20,000 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 2-bedroom homes in Oakville over the last 30 days (November 2 - December 1) stood at 45.5%, up from 44.4% over the previous 30 days (October 3 - November 1) and down from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Oakville stood at 18 days when successfully sold over the last 30 days (November 2 - December 1), compared to 63 days before being removed from the market upon being suspended or terminated.
Listing contracted with Ipro Realty Ltd
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