584 Fourth Line

FOR SALE
$4,688,000
584 Fourth Line, Oakville
584 Fourth Line
584 Fourth Line
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5
BEDROOMS
5
BATHROOMS
1
KITCHENS
12
ROOMS
W8490246
MLSID
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Property Description
Spectacular State Of The Art Contemporary Home Situated On A Rare 60X272 Ft Lot And Boasting 6,127 Sf Above Grade W/ 5 Bdrms, 5 Baths & A Beautiful Loft On The 3rd Floor! High End Finishes And Quality Throughout! Sun Drench Primary Living Areas W/ Floor To Ceiling Glass Sliding Doors Leading To Private Decks! Mesmerizing Kitchen W/ Quartz & Natural Wood Counters & B/I Designer Appliances! The Primary Suite On The 2nd Flr Fts Lg W/I Closet & 5Pc Ensuite W/ Heated Flrs. 2nd & 3rd Bdrms W/ Jack & Jill Baths & 4th Bdrm W/ 3Pc Ensuite. Spacious Den W/ Kitchenette & Beverage Fridge. This Residence Fts Hardwood Flrs Throughout, 22Ft Ceilings In Office, 10Ft On Main Lvl, 9Ft On 2nd Lvl & Loft, Multiple Fireplaces, B/I Speakers, Pet Washing Station & More! Enjoy Entertaining Your Guests With Seamless Indoor / Outdoor Flow & 2 Private Decks (Side & Back)!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-05 2024-06-29 85 $4,750,000 - Terminated
2023-06-14 2023-09-30 108 $4,750,000 - Expired
2023-04-07 2023-06-14 68 $4,888,000 - Terminated
2022-10-12 2023-01-06 86 $4,988,000 - Suspended
2022-07-19 2022-10-12 85 $4,988,000 - Terminated
2022-06-30 2022-07-20 20 $5,280,000 - Terminated
Extras
Absolute Show Stopper! Conveniently Located Mins From Hwy 403, Schools, Grocery Stores, Restaurants, Oakville Mall, Walking Trails, The Lake, And More!
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
60' x 273'
Fronting
West
Taxes
$20,151 (2023)
Basement
Unfinished
Exterior
Stone, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain15.98' x 20.70'Pot Lights, Window, W/O To Deck
DiningMain15.98' x 20.60'Pot Lights, Window, Hardwood Floor
FamilyMain19.72' x 25.36'Pot Lights, Fireplace, W/O To Deck
KitchenMain25.85' x 12.96'Pot Lights, Centre Island, Hardwood Floor
BreakfastMain20.41' x 11.61'Pot Lights, W/O To Deck, Hardwood Floor
OfficeMain17.36' x 17.45'B/I Bookcase, Fireplace, Hardwood Floor
Prim Bdrm2nd19.49' x 20.60'Fireplace, Heated Floor, 5 Pc Ensuite
2nd Br2nd13.48' x 22.70'Window, Double Closet, Semi Ensuite
3rd Br2nd12.27' x 13.78'Window, Double Closet, Semi Ensuite
4th Br2nd14.73' x 21.23'Window, Double Closet, 3 Pc Ensuite
Den2nd16.73' x 17.03'Window, Pot Lights, Hardwood Floor
5th Br3rd15.72' x 17.95'Window, Pot Lights, 3 Pc Ensuite
Oakville Market Statistics
Oakville Price Trend
584 Fourth Line is a 5-bedroom 5-bathroom home listed for sale at $4,688,000, which is $2,785,858 (146.5%) higher than the average sold price of $1,902,142 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 5 bedroom home in Oakville declined by $803,168 (29.7%) compared to the previous 30 day period (July 9 - August 7) and down $332,969 (14.9%) from the same time one year ago.
Inventory Change
There were 18 5-bedroom homes listed in Oakville over the last 30 days (August 8 - September 6), which is up 5.9% compared with the previous 30 day period (July 9 - August 7) and up 5.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Oakville typically sold ($52,542) (2.8%) below asking price over the last 30 days (August 8 - September 6), which represents a $65,348 increase compared to the previous 30 day period (July 9 - August 7) and ($77,622) 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 5-bedroom homes in Oakville over the last 30 days (August 8 - September 6) stood at 38.9%, up from 29.4% over the previous 30 days (July 9 - August 7) and down from 52.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 5-bathroom home in Oakville stood at 25 days when successfully sold over the last 30 days (August 8 - September 6), compared to 82 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sam Mcdadi Real Estate Inc.
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