501 CHAMBERLAIN Lane
1011 - MO Morrison, Oakville, L6J 6A2
FOR SALE
$2,799,000
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4 + 1
BEDROOMS4
BATHROOMS1
KITCHENS10 + 4
ROOMSW11954233
MLSIDContact Us
Property Description
Discover elegance and comfort in this beautifully updated and lovingly maintained family home nestled on a serene child-friendly cul-de-sac in Southeast Oakville, surrounded by custom-built luxury homes. Graced with an oversized, mature, and private lot, this lovely home offers the perfect retreat for family living and entertaining. Step through the doors to discover pristine hardwood floors and a freshly painted interior that instantly feels like home. The open-concept kitchen is a chef's delight with built-in appliances, a generous island, and a large breakfast area bathed in natural light from floor-to-ceiling windows. The adjoining family room, equipped with a new gas fireplace, is perfect for cozy evenings. The ground floor also hosts a multifunctional office/library, newly fitted with built-in shelving, perfect for work-from-home days or quiet reading sessions. A new circular staircase leads to the upper floor with four generous bedrooms, each fitted with new custom closets and ceiling fans. The finished lower level includes a versatile fifth bedroom, a recreation room, and additional storage options, including a seasonal closet, catering to all family dynamics and storage needs. Outside, the backyard oasis features a large Ipe deck, swimming pool, and hot tub, all shade-dappled by tall leafy trees - ideal for both family events and serene afternoons. Perfectly landscaped and easy to maintain with irrigation front and back. Enjoy living in a prime location, within walking distance to top-rated schools, parks, and amenities like Whole Foods and Longos Plaza and the Go, perfect for families looking for convenient and quality living.
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Extras
Security system, irrigation, 2 air conditioners, flow metre, sump pump
Property Features
Fenced Yard
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
95' x 122'
Acreage
< .50
Fronting
East
Taxes
$10,887 (2024)
Basement
Finished
Exterior
Stone, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
6
Driveway
Private
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Den | Main | 12.99' x 14.67' | Combined W/Library |
Dining | Main | 10.99' x 26.90' | Combined W/Living |
Kitchen | Main | 17.32' x 18.77' | |
Great Rm | Main | 12.83' x 16.99' | |
Laundry | Main | 5.91' x 16.93' | |
Prim Bdrm | Upper | 10.99' x 17.16' | |
Br | Upper | 9.84' x 11.15' | |
Br | Upper | 9.84' x 12.99' | |
Br | Upper | 9.15' x 10.83' | |
Rec | Lower | 19.00' x 26.18' | |
Br | Lower | 10.24' x 17.32' | |
Other | Lower | 6.76' x 11.15' |
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Oakville Market Statistics
Oakville Price Trend
501 CHAMBERLAIN Lane is a 4-bedroom 4-bathroom home listed for sale at $2,799,000, which is $646,725 (30.0%) higher than the average sold price of $2,152,275 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in Oakville increased by $64,906 (3.1%) compared to the previous 30 day period (November 19 - December 18) and up $274,984 (14.6%) from the same time one year ago.Inventory Change
There were 97 4-bedroom homes listed in Oakville over the last 30 days (December 19 - January 17), which is up 2.1% compared with the previous 30 day period (November 19 - December 18) and up 106.4% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Oakville typically sold ($63,318) (2.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $4,146 increase compared to the previous 30 day period (November 19 - December 18) and ($95,235) 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 homes in Oakville over the last 30 days (December 19 - January 17) stood at 45.4%, down from 117.9% over the previous 30 days (November 19 - December 18) and down from 72.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Oakville stood at 40 days when successfully sold over the last 30 days (December 19 - January 17), compared to 71 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc., Brokerage
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