506 Lees Lane

FOR SALE
$1,199,995
506 Lees Lane, Oakville
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
506 Lees Lane
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4 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
11
ROOMS
W8266690
MLSID
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Property Description
Solid Brick Bungalow on a Large Lot with Mature Trees In Highly Sought After West Oakville Neighbourhood. Premium 894 Sqm or 9622 Sqft (as per attached survey image) irregular corner lot, back measurement of the property is 120ft..Fantastic Potential to Renovate, Build New or Live in. Separate Entrance for In-Law. Close to all amenities, Schools, Parks, Coronation Park, Lake Ontario, Downtown Oakville and Bronte Village. Surrounded By Multi-Mullion Dollar Custom Homes. Buyer to Do Own Due Diligence. Roof Inspection passed (2019), New AC (2019), Renovated Kitchen (2020)Floor (2019), Custom Home Drawings Available On Request
Extras
Fridge, Stove, B/I Dishwasher, Washer And Dryer, All Elfs, Window Coverings. Ac , Water Heater Rental. Garden Shed
Property Features
Library, Park, School, Wooded/Treed
Property Details
Street
Community
Property Type
Detached, Bungalow
Lot Size
57' x 120'
Lot Irregularities
57X93X91X120
Fronting
East
Taxes
$5,878 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain12.17' x 17.91'Hardwood Floor
DiningMain8.50' x 9.32'Hardwood Floor
KitchenMain8.23' x 12.34'Tile Floor
Prim BdrmMain10.76' x 12.34'Hardwood Floor
2nd BrMain9.42' x 10.76'Hardwood Floor
BrMain9.15' x 10.17'Hardwood Floor
BathroomMain5.25' x 11.98'2 Pc Bath
BathroomMain3.08' x 5.22'2 Pc Bath
RecBsmt13.75' x 19.26'Hardwood Floor
BathroomBsmt4.76' x 12.14'3 Pc Bath
BrBsmt12.63' x 15.62'Hardwood Floor
StudyBsmt8.66' x 10.50'Hardwood Floor
Oakville Market Statistics
Oakville Price Trend
506 Lees Lane is a 4-bedroom 3-bathroom home listed for sale at $1,199,995, which is $878,453 (42.3%) lower than the average sold price of $2,078,448 in the last 30 days (April 4 - May 3). During the last 30 days the average sold price for a 4 bedroom home in Oakville increased by $27,964 (1.4%) compared to the previous 30 day period (March 5 - April 3) and down $24,207 (1.2%) from the same time one year ago.
Inventory Change
There were 206 4-bedroom homes listed in Oakville over the last 30 days (April 4 - May 3), which is up 48.2% compared with the previous 30 day period (March 5 - April 3) and up 53.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Oakville typically sold ($43,885) (2.1%) below asking price over the last 30 days (April 4 - May 3), which represents a $32,686 decrease compared to the previous 30 day period (March 5 - April 3) and $7,487 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 4-bedroom homes in Oakville over the last 30 days (April 4 - May 3) stood at 56.8%, down from 61.9% over the previous 30 days (March 5 - April 3) and down from 76.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Oakville stood at 20 days when successfully sold over the last 30 days (April 4 - May 3), compared to 32 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 People`S Choice Realty Inc.
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