483 Terrace Way

FOR SALE
$1,275,000
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
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4
BEDROOMS
4
BATHROOMS
1
KITCHENS
7
ROOMS
W9361841
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Property Description
Discover the ultimate in refined living and why this exceptional property stands out among the rest! This newer freehold townhome (no monthly condo/road fees!) features over 2,500 sq ft of finely finished above-ground living space. Rarely offered layout with an oversized living area featuring a grand fireplace and wall of windows letting in lots of light. Pass through the butler's pantry to the sunny, fully upgraded kitchen that includes an island large enough to gather the family around and connects to a large balcony perfect for bbq season or al fresco dining. Upstairs, find three bedrooms and two full baths, including a master suite with a walk-in closet and ensuite. The ground floor contains a laundry room, additional entrance, extra closet space, full bath, and an additional room with generous windows providing flexibility for a fourth bedroom, studio or home office.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-06 2024-09-20 76 $1,249,000 - Suspended
2020-11-02 2020-11-10 8 $975,000 $980,000 Sold
Extras
* Gas Stove * * Hunter Douglas / California Shutters* * EV Charger in Garage * * Soaker Tub & Walk-In Shower in Ensuite * * Freshly Painted * * Wainscotting * * Bedroom Carpets (2023) * * Lots of Storage Space *
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
FoyerGround6.89' x 7.55'
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
FoyerGround6.89' x 26.57'
BrGround10.99' x 12.14'
LaundryIn Betwn16.73' x 6.23'Access To Garage
UtilityLower20.34' x 17.39'
Cold/CantLower10.50' x 13.45'
Oakville Market Statistics
Oakville Price Trend
483 Terrace Way is a 4-bedroom 4-bathroom townhome listed for sale at $1,275,000, which is $44,620 (3.6%) higher than the average sold price of $1,230,380 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 4 bedroom townhome in Oakville declined by $125,902 (9.3%) compared to the previous 30 day period (August 18 - September 16) and down $43,370 (3.4%) from the same time one year ago.
Inventory Change
There were 27 4-bedroom townhomes listed in Oakville over the last 30 days (September 17 - October 16), which is down 6.9% compared with the previous 30 day period (August 18 - September 16) and up 28.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom townhomes in Oakville typically sold $44,416 (3.6%) above asking price over the last 30 days (September 17 - October 16), which represents a $17,096 increase compared to the previous 30 day period (August 18 - September 16) and $4,125 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 4-bedroom townhomes in Oakville over the last 30 days (September 17 - October 16) stood at 48.1%, up from 20.7% over the previous 30 days (August 18 - September 16) and up from 19.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom townhome in Oakville stood at 14 days when successfully sold over the last 30 days (September 17 - October 16), compared to 53 days before being removed from the market upon being suspended or terminated.
Listing contracted with Right At Home Realty
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