64 Florence Dr
1002 - CO Central, Oakville, L6K 1V6
FOR SALE
$1,250,000
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2 + 2
BEDROOMS2
BATHROOMS1 + 1
KITCHENS5 + 3
ROOMSW11924995
MLSIDContact Us
Property Description
Don't Miss This Incredible Investment Opportunity with huge potential in South Oakville! Seize your chance to own a fully renovated detached bungalow with two apartments in one of South Oakville's most coveted neighbourhoods. This investor's dream offers to Build your dream home or Generate approx. $5,600 in potential monthly income, Separate laundry for both units, Double garage with lots of parking. Perfectly located, it's just a short walk to vibrant shops, trendy restaurants, top-rated schools, and lush parks, with the GO Train station and Waterfront Trail only 5 minutes away. Nestled among luxurious million-dollar homes and steps from the shimmering shores of Lake Ontario, this property is a rare gem. Act now to secure this high-return investment in a premier location opportunities like this dont last long.
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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 |
Nearby Intersections
Speers & Kerr (34)
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
Lot Size
59' x 85'
Lot Irregularities
Rectangular
Fronting
South
Taxes
$4,409 (2024)
Basement
Apartment, Sep Entrance
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 |
---|---|---|---|
Living | Main | 12.47' x 16.08' | Pot Lights, Picture Window, Hardwood Floor |
Prim Bdrm | Main | 11.48' x 10.83' | 4 Pc Bath, Picture Window, Hardwood Floor |
2nd Br | Main | 10.17' x 10.50' | Picture Window, Hardwood Floor, B/I Closet |
Living | Bsmt | 12.47' x 12.30' | Pot Lights, Open Concept, Laminate |
Kitchen | Bsmt | 10.66' x 13.78' | Stainless Steel Appl, Above Grade Window, Pot Lights |
Br | Bsmt | 8.86' x 11.48' | 4 Pc Bath, Large Closet, Laminate |
2nd Br | Bsmt | 8.20' x 9.84' | 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 $1,250,000, which is $439,367 (54.2%) higher than the average sold price of $810,633 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom home in Oakville declined by $255,367 (24.0%) compared to the previous 30 day period (November 19 - December 18) and down $531,033 (39.6%) from the same time one year ago.Inventory Change
There were 7 2-bedroom homes listed in Oakville over the last 30 days (December 19 - January 17), which is up 16.7% compared with the previous 30 day period (November 19 - December 18) and up 133.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Oakville typically sold ($5,633) (0.7%) below asking price over the last 30 days (December 19 - January 17), which represents a $44,317 increase compared to the previous 30 day period (November 19 - December 18) and ($50,966) 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 2-bedroom homes in Oakville over the last 30 days (December 19 - January 17) stood at 42.9%, down from 66.7% over the previous 30 days (November 19 - December 18) and down from 100.0% 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 11 days when successfully sold over the last 30 days (December 19 - January 17), compared to 69 days before being removed from the market upon being suspended or terminated.Listing contracted with Sam Mcdadi Real Estate Inc.
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