561 Valley Dr

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561 Valley Dr, Oakville
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3 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
6 + 4
ROOMS
W5468710
MLSID
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Property Description
Great Opportunity To Acquire A Bungalow On A Quiet Family Friendly Street In West Oakville. This Solid 3 Plus 2 Bedroom Home Features A Fully Finished Lower Level With Full Kitchen. Laminate Hardwood Flooring On Both Levels, Newer Windows, And 2 Full Bathrooms. Very Private 60 X 192 Ft Lot Backing On To Ravine And Fourteen Mile Creek. Close To Parks, Transit, Go, Shopping, And Walking Distance To Some Of Oakville's Best Schools.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-09-02 2020-09-04 2 $2,500 $2,600 Leased
2020-08-10 2020-08-17 7 $998,000 $1,125,000 Sold
Extras
Great Opportunity To Acquire A Bungalow On A Quiet Family Friendly Street In West Oakville. This Solid 3 Plus 2 Bedroom Home Features A Fully Finished Lower Level. Offer Presentation January 13th At 1:00 P.M. Please Register By 11:00 A.M.
Nearby Intersections
Property Features
Park, Public Transit, Ravine, School
Property Details
Street
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
60' x 193'
Acreage
< .50
Fronting
East
Taxes
$4,856 (2021)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Carport
Room Summary
RoomLevelSizeFeatures
KitchenMain8.99' x 10.50'
DiningMain8.33' x 9.42'
LivingMain8.99' x 16.57'
BrMain11.52' x 12.01'
2nd BrMain8.17' x 12.17'
3rd BrMain8.76' x 9.15'
KitchenLower10.76' x 14.24'
FamilyLower11.58' x 14.24'
4th BrLower8.43' x 16.01'
5th BrLower7.68' x 10.66'
Oakville Market Statistics
Oakville Price Trend
561 Valley Dr is a 3-bedroom 2-bathroom home listed for sale at $1,399,000, which is $1,000 (0.1 %) lower than the average sold price of $1,400,000 in the last 30 days (December 23 - January 21). During the last 30 days the average sold price for a 3 bedroom home in Oakville declined by $75,000 (5.1 %) compared to the previous 30 day period (November 23 - December 22) and up $100,367 (7.7 %) from the same time one year ago.
Inventory Change
There were 31 3-bedroom homes listed in Oakville over the last 30 days (December 23 - January 21), which is down 8.8 % compared with the previous 30 day period (November 23 - December 22) and down 18.4 % compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Oakville typically sold $101,000 (7.2 %) above asking price over the last 30 days (December 23 - January 21), which represents a $56,000 decrease compared to the previous 30 day period (November 23 - December 22) and $101 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 homes in Oakville over the last 30 days (December 23 - January 21) stood at 3.2 %, down from 5.9 % over the previous 30 days (November 23 - December 22) and down from 126.3 % one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Oakville stood at 90 days when successfully sold over the last 30 days (December 23 - January 21), compared to 257 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage/J & D Division, Brokerage
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