483 Terrace Way

FOR SALE
$1,299,000
483 Terrace Way, Oakville
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
483 Terrace Way
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3 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
7 + 1
ROOMS
W9016037
MLSID
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Property Description
Escape to your dream home in this expansive 3-storey freehold townhouse, offering over 2,500 square feet of above-ground living space and the feel of a semi-detached home. Immerse yourself in a world of bright, airy living spaces accentuated by unobstructed views throughout.Unwind with beautiful parks nearby, perfect for nature walks or picnics. Entertain effortlessly in the open concept layout, where high ceilings and pot lights enhance the spacious feel. Unleash your inner chef in the luxurious eat-in kitchen, boasting a generous island, quartz countertops, a large walk-in pantry, coffee station, and premium stainless steel appliances including a gas stove. Charming French doors lead to a private balcony, perfect for extending your living space outdoors. The open plan flows into the oversized living room showcasing a gas fireplace adding cozy ambience, wainscotting and open views of Neyagawa woods. Upstairs, you'll find a haven for relaxation with three spacious bedrooms, a full bathroom, and a separate laundry room. The master suite retreat features a private 4-piece ensuite with a soaker tub and a large walk-in closet, ensuring ultimate relaxation. This versatile living space caters to your needs. An additional room on the main street level adjacent to a full bath offers wonderful flexibility. As an office it is Ideal for work-from-home life or can easily transform into a 4th bedroom or den. Basement offers lots of potential. Two main entrances offer added convenience, with direct access to the garage from the laundry room. Additional features include Hunter Douglas and California shutter blinds throughout, Quartz countertops, Wainscotting in office and living room , upgraded lighting, new carpets (2023), freshly painted, and an EV charger plug done to code. Don't miss this opportunity to own this exceptional home!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-11-02 2020-11-10 8 $975,000 $980,000 Sold
Extras
The unbeatable location puts you steps away from beautiful parks, King's College, shopping, greenspace, and offers easy access to the 407 and 403 highways. Enjoy close proximity to all amenities, schools, walking trails, and parks.
Property Features
Cul De Sac, Park, Public Transit, School, School Bus Route
Property Details
Property Type
Att/Row/Townhouse, 3-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
16' x 100'
Acreage
< .50
Fronting
West
Taxes
$5,451 (2024)
Basement
Full, Unfinished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain17.32' x 18.83'Fireplace, Laminate
KitchenMain10.99' x 11.32'Eat-In Kitchen, B/I Appliances, Pantry
DiningMain10.99' x 11.32'Balcony
Prim Bdrm2nd11.52' x 16.67'W/I Closet, 4 Pc Ensuite
2nd Br2nd9.48' x 12.99'4 Pc Ensuite
3rd Br2nd8.99' x 12.34'W/I Closet
OfficeGround10.99' x 12.01'
Oakville Market Statistics
Oakville Price Trend
483 Terrace Way is a 3-bedroom 4-bathroom townhome listed for sale at $1,299,000, which is $122,919 (10.5%) higher than the average sold price of $1,176,081 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 3 bedroom townhome in Oakville increased by $84,909 (7.8%) compared to the previous 30 day period (July 9 - August 7) and up $76,831 (7.0%) from the same time one year ago.
Inventory Change
There were 89 3-bedroom townhomes listed in Oakville over the last 30 days (August 8 - September 6), which is down 2.2% compared with the previous 30 day period (July 9 - August 7) and up 48.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Oakville typically sold ($37,134) (3.2%) below asking price over the last 30 days (August 8 - September 6), which represents a $12,235 decrease compared to the previous 30 day period (July 9 - August 7) and $9 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 (August 8 - September 6) stood at 48.3%, up from 38.5% over the previous 30 days (July 9 - August 7) and down from 76.7% 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 33 days when successfully sold over the last 30 days (August 8 - September 6), compared to 44 days before being removed from the market upon being suspended or terminated.
Listing contracted with Right At Home Realty
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