579 Lees Lane

FOR SALE
$1,799,000
579 Lees Lane, Oakville
579 Lees Lane
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3 + 2
BEDROOMS
2
BATHROOMS
2
KITCHENS
8 + 2
ROOMS
W10407056
MLSID
Contact Us
Property Description
Your dream home awaits in desirable West Oakville! This neighbourhood perfectly blends beautiful natural landscapes, top-rated schools, and modern conveniences, creating an ideal setting for families. What truly sets this property apart is the expansive 62x140ft lot, offering ample space for building your future vision. Whether you choose to renovate the existing home or build a brand-new residence tailored to your dreams and preferences, the possibilities are limitless. This bungalow was fully renovated in 2022 to provide two income-producing suites. The main floor features an open-concept design with stunning views of the front and back yards, new flooring throughout, an updated kitchen with stone counters, new appliances, and loads of natural light. This layout includes three bedrooms, one full bathroom, and private laundry facilities. The lower suite, with its separate entrance, is equipped with an additional kitchen, living room with a fireplace, one full bathroom, two bedrooms, and private laundry facilities. The huge outdoor space is perfect for gardening, play, or simply enjoying the fresh air. The updated deck and quaint stream in the backyard provide the perfect backdrop for entertaining. With two large garden sheds and parking for six vehicles, this home is not short on storage or space! Close to all of life's conveniences, including Downtown Oakville, Kerr Village, Appleby College, grocery stores, shopping malls, great schools, and GO Transit.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-06-16 2022-07-05 19 $1,850 $1,850 Leased
Extras
Walk to top rated public and catholic schools, Ymca, The Village, or stroll down to the lake. Easy access to transit and major highways.
Property Details
Street
Community
Property Type
Detached, Bungalow-Raised
Lot Size
62' x 140'
Lot Irregularities
140.76 X 62.11 X 137.68 X 55.10
Fronting
East
Taxes
$5,738 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
Prim BdrmMain10.96' x 20.28'Stone Counter, O/Looks Backyard, Combined W/Dining
2nd BrMain8.43' x 9.42', Combined W/Living
3rd BrMain9.42' x 11.02'Stone Counter, O/Looks Backyard, Ceramic Floor
KitchenMain10.37' x 11.94'Hardwood Floor, Large Window
LivingMain9.06' x 11.35'Hardwood Floor, Large Window
DiningMain8.07' x 12.43'Hardwood Floor, Large Window
LivingLower11.06' x 20.01'Brick Fireplace, Broadloom
KitchenLower8.66' x 17.03'Vinyl Floor, Pantry
BrLower11.65' x 12.80'Vinyl Floor, Large Window
2nd BrLower7.78' x 12.34'Vinyl Floor, Window
Oakville Market Statistics
Oakville Price Trend
579 Lees Lane is a 3-bedroom 2-bathroom home listed for sale at $1,799,000, which is $355,201 (24.6%) higher than the average sold price of $1,443,799 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Oakville increased by $37,825 (2.7%) compared to the previous 30 day period (September 21 - October 20) and up $5,164 (0.4%) from the same time one year ago.
Inventory Change
There were 90 3-bedroom homes listed in Oakville over the last 30 days (October 21 - November 19), which is down 12.6% compared with the previous 30 day period (September 21 - October 20) and up 26.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Oakville typically sold ($51,414) (3.6%) below asking price over the last 30 days (October 21 - November 19), which represents a $4,021 decrease compared to the previous 30 day period (September 21 - October 20) and ($37,390) 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 3-bedroom homes in Oakville over the last 30 days (October 21 - November 19) stood at 75.6%, up from 48.5% over the previous 30 days (September 21 - October 20) and up from 59.2% 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 17 days when successfully sold over the last 30 days (October 21 - November 19), compared to 51 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Professionals Inc.
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