485 Terrace Way
Rural Oakville, Oakville, L6M 1N5
FOR SALE
$1,324,000
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3 + 1
BEDROOMS4
BATHROOMS1
KITCHENS5 + 1
ROOMSW7311130
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Property Description
This 2462 sqft bright & spacious townhome in Rural Oakville is a true gem. Upon entering, the High Ceilings and openness immediately stand out, which then leads you to the ground floor to your office/den or up to the main floor to a beautiful kitchen with a walkout to your covered balcony. The high ceilings & large windows makes this home a daytime dream. Entrance fr garage, 3 beds w/ master ensuite & full bsmt provides the perfect home for a family.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-01-29 | 2023-02-12 | 14 | $1,215,000 | - | Terminated |
| 2021-07-05 | 2021-07-08 | 3 | $1,049,900 | $1,100,000 | Sold |
| 2019-04-24 | 2019-05-28 | 34 | $2,750 | $2,750 | Leased |
Extras
New 2023 samsung black stainless steel appliances: gas stove, fridge, b/i dishwasher, washer and dryer, ELFS, window coverings
Property Features
Hospital, Park, School, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Att/Row/Townhouse, 3-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
23' x 98'
Fronting
East
Taxes
$5,133 (2023)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Den | Ground | 10.50' x 10.99' | Hardwood Floor, Large Window |
| Kitchen | Main | 11.32' x 10.99' | Hardwood Floor, W/O To Balcony, Centre Island |
| Great Rm | Main | 15.85' x 18.83' | Hardwood Floor, Fireplace, Large Window |
| Prim Bdrm | 2nd | 11.55' x 16.67' | Hardwood Floor, 4 Pc Ensuite, W/I Closet |
| 2nd Br | 2nd | 9.51' x 14.83' | Hardwood Floor, Semi Ensuite |
| 3rd Br | 2nd | 6.56' x 12.86' | Hardwood Floor, W/I Closet |
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Oakville Market Statistics
Oakville Price Trend
485 Terrace Way is a 3-bedroom 4-bathroom townhome listed for sale at $1,324,000, which is $203,696 (18.2%) higher than the average sold price of $1,120,304 in the last 30 days (October 29 - November 27). During the last 30 days the average sold price for a 3 bedroom townhome in Oakville increased by $287 (0.0%) compared to the previous 30 day period (September 29 - October 28) and up $39,362 (3.6%) from the same time one year ago.Inventory Change
There were 60 3-bedroom townhomes listed in Oakville over the last 30 days (October 29 - November 27), which is up 30.4% compared with the previous 30 day period (September 29 - October 28) and up 76.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in Oakville typically sold ($27,517) (2.5%) below asking price over the last 30 days (October 29 - November 27), which represents a $1,579 increase compared to the previous 30 day period (September 29 - October 28) and ($31,102) 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 townhomes in Oakville over the last 30 days (October 29 - November 27) stood at 36.7%, down from 63.0% over the previous 30 days (September 29 - October 28) and down from 76.5% 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 28 days when successfully sold over the last 30 days (October 29 - November 27), compared to 41 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realty Enterprises Inc.
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