2557 Sixth Line 8

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2557 Sixth Line 8, Oakville
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
W4197568
MLSID
Contact Us
Property Description
Escarpment & Lake Views From The Balcony. Sunfilled Unit With Warm Chestnut Laminate. Rich Dark Cabinetry And Black Appliances In The Kitchen Has A Fresh Modern Feel. 2 Bedrooms On The 2nd Level Offer Privacy From The Main Living Area. U/G Parking + Storage Locker. Steps To Memorial Park; 27 Acres Of Parkland. Walk To Shops-No Need For A Car.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-05-29 2023-06-01 6 $2,890 $2,890 Leased
2023-03-17 2023-03-29 12 $725,000 $702,500 Sold
Extras
Fridge,Stove,Microwave,Dishwasher,Washer,Dryer,All Electric Light Fixtures,All Window Coverings,Garage Remote,Mail Box Key.
Property Features
Lake/Pond, Lake/Pond/River, Park, Public Transit, Rec Centre, River/Stream
Property Details
Community
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
900-999
Taxes
$2,442 (2018)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (A #115)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain9.09' x 10.83'Laminate
DiningMain8.01' x 10.07'Laminate
KitchenMain8.07' x 8.76'Ceramic Floor
Master2nd9.91' x 14.83'Broadloom
2nd Br2nd8.83' x 10.01'Broadloom
Oakville Market Statistics
Oakville Price Trend
2557 Sixth Line 8 is a 2-bedroom 2-bathroom condo listed for sale at $458,900, which is $408,421 (47.1%) lower than the average sold price of $867,321 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 2 bedroom condo in Oakville increased by $111,774 (14.8%) compared to the previous 30 day period (February 26 - March 26) and up $64,083 (8.0%) from the same time one year ago.
Inventory Change
There were 60 2-bedroom condos listed in Oakville over the last 30 days (March 27 - April 25), which is up 9.1% compared with the previous 30 day period (February 26 - March 26) and up 20.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Oakville typically sold ($17,881) (2.1%) below asking price over the last 30 days (March 27 - April 25), which represents a $4,184 decrease compared to the previous 30 day period (February 26 - March 26) and ($12,333) 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 condos in Oakville over the last 30 days (March 27 - April 25) stood at 61.7%, down from 61.8% over the previous 30 days (February 26 - March 26) and down from 66.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Oakville stood at 29 days when successfully sold over the last 30 days (March 27 - April 25), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Martin Group, Brokerage
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