74 Merlin St
1008 - GO Glenorchy, Oakville, L6H 0Z4
FOR SALE
$2,222,222

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Property Description
This stunning Treasure Hill-built home, located on a quiet street in a highly sought-after area, offers over 5000 sqft of luxurious living space. Featuring 5 bedrooms with 3 bedroom legal basement, 10-foot ceilings on the main floor, and 9-foot ceilings on the second, this home is upgraded with over $200K in premium finishes. The open-concept main floor includes a spacious office, a gourmet kitchen with upgraded stainless steel appliances, and a large breakfast area with extended quartz countertops. The massive primary suite boasts a 5-piece ensuite and walk-in closets, while the secondary bedrooms offer comfort and convenience with shared or ensuite bathrooms. The professionally finished legal basement, with its own separate entrance, includes 2 bedrooms, a full kitchen, 2 bathrooms, and enlarged windows. This home is perfect for a large family, with the added benefit of a potential income suite.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-19 | 2024-10-30 | 41 | $2,150,000 | - | Suspended |
2024-05-31 | 2024-09-19 | 111 | $2,200,000 | - | Terminated |
2024-05-31 | 2024-08-07 | 68 | $2,200,000 | - | Suspended |
2023-11-03 | 2024-03-27 | 145 | $2,349,000 | - | Terminated |
2024-03-28 | 2024-05-06 | 39 | $2,249,000 | - | Terminated |
Nearby Intersections
Dundas & 6th Line (171)
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
41' x 90'
Fronting
South
Taxes
$8,634 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Built-In
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Oakville Market Statistics
Oakville Price Trend
74 Merlin St is a 5-bedroom 6-bathroom home listed for sale at $2,222,222, which is $162,222 (7.9%) higher than the average sold price of $2,060,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in Oakville declined by $2,015,000 (49.4%) compared to the previous 30 day period (December 22 - January 20) and down $88,777 (4.1%) from the same time one year ago.Inventory Change
There were 27 5-bedroom homes listed in Oakville over the last 30 days (January 21 - February 19), which is up 170.0% compared with the previous 30 day period (December 22 - January 20) and up 28.6% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Oakville typically sold ($139,000) (6.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $33,500 increase compared to the previous 30 day period (December 22 - January 20) and ($59,299) 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 5-bedroom homes in Oakville over the last 30 days (January 21 - February 19) stood at 3.7%, down from 20.0% over the previous 30 days (December 22 - January 20) and down from 42.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 6-bathroom home in Oakville stood at 27 days when successfully sold over the last 30 days (January 21 - February 19), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Own It Realty Inc.
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