64 Florence Dr
Old Oakville, Oakville, L6K 1V6
FOR SALE
$1,298,000
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2 + 2
BEDROOMS2
BATHROOMS1 + 1
KITCHENS4 + 3
ROOMSW11550247
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Property Description
Renovated bungalow, situated in the highly sought-after Kerr Village / Central Oakville community. Featuring 2+2 bedrooms, this home boasts two updated kitchens with brand-new appliances, 2 laundry rooms, 2 full baths. This home has separate entrances for each residence. Both levels have ample natural light. This property stands as an excellent fit for any potential homebuyer and presents a compelling investment opportunity. The property's versatility also extends to its potential as a multi-generational home. The lower level offers great promise as an ideal in-law suite or as a leasable space, affording the option to reside on the main floor. Or purchase as an investment and rent both levels. Ideally situated just moments away from Lake Ontario and surrounded by homes valued in the millions. Conveniently located walking distance to an array of amenities including shops, restaurants, schools, and parks, and quick access to the Go Train.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2022-04-19 | 2022-06-02 | 44 | $1,980 | $1,950 | Leased |
2021-03-11 | 2021-04-11 | 30 | $1,890 | $1,850 | Leased |
Extras
This property presents an excellent investment opportunity, with the potential to generate $5,000 in combined rental income from the main floor and lower level.
Nearby Intersections
Speers & Kerr (33)
Property Features
Hospital, Park, Public Transit, Rec Centre, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
59' x 85'
Acreage
< .50
Lot Irregularities
Rectangular
Fronting
South
Taxes
$4,211 (2023)
Basement
Apartment
Exterior
Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Br | Main | 11.42' x 10.66' | Hardwood Floor, Picture Window |
Br | Main | 10.07' x 10.40' | W/I Closet, Picture Window, Hardwood Floor |
Living | Main | 12.40' x 16.01' | Laminate, Open Concept, Pot Lights |
Kitchen | Main | 10.50' x 13.58' | |
Living | Lower | 12.40' x 12.24' | Hardwood Floor, Picture Window, Pot Lights |
Kitchen | Lower | 12.50' x 13.58' | Above Grade Window, Pot Lights |
Br | Lower | 8.76' x 11.42' | Above Grade Window, Laminate, Large Closet |
Br | Lower | 8.17' x 9.68' | Above Grade Window, Laminate, Large Closet |
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Oakville Market Statistics
Oakville Price Trend
64 Florence Dr is a 2-bedroom 2-bathroom home listed for sale at $1,298,000, which is $157,875 (13.8%) higher than the average sold price of $1,140,125 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 2 bedroom home in Oakville declined by $238,875 (17.3%) compared to the previous 30 day period (October 12 - November 10) and up $8,625 (0.8%) from the same time one year ago.Inventory Change
There were 8 2-bedroom homes listed in Oakville over the last 30 days (November 11 - December 10), which is down 27.3% compared with the previous 30 day period (October 12 - November 10) and up 60.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Oakville typically sold ($58,075) (5.1%) below asking price over the last 30 days (November 11 - December 10), which represents a $104,108 decrease compared to the previous 30 day period (October 12 - November 10) and ($50,000) 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 2-bedroom homes in Oakville over the last 30 days (November 11 - December 10) stood at 50.0%, up from 27.3% over the previous 30 days (October 12 - November 10) and up from 40.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Oakville stood at 25 days when successfully sold over the last 30 days (November 11 - December 10), compared to 68 days before being removed from the market upon being suspended or terminated.Listing contracted with Real Broker Ontario Ltd
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