547 Terrace Way

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547 Terrace Way, Oakville
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
9
ROOMS
W4282047
MLSID
Contact Us
Property Description
Executive Townhouse Situated In A N Exclusive Neighbourhood Right Next To Prestigious Kings Collegiate School, 16 Miles Sports Complex, New Hospital, Hwy 403, 407, Qew, New Shopping Center. Spotless, Bright, Beautifully Finished Home With Open Concept Kitchen Hardwood Floors, Solid Oak Staircase, Iron Pickets, Fireplace, Master Bedroom With 5 Pce Ensuite And W/I Closet. Backing Onto Ravine!
Extras
Stainless Steel Fridge, Stove. Washer And Dryer.
Property Details
Property Type
Att/Row/Townhouse, 2-Storey
Lot Size
27' x 101'
Fronting
East
Taxes
$4,500 (2018)
Basement
Full
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
DiningMain13.29' x 12.60'Hardwood Floor
Great RmMain13.29' x 16.99'Hardwood Floor, Open Concept
BreakfastMain10.40' x 8.01'Ceramic Floor, Open Concept
KitchenMain10.40' x 8.01'Ceramic Floor, Open Concept, Stainless Steel Appl
Master2nd14.01' x 16.99', W/I Closet, 5 Pc Ensuite
2nd Br2nd11.29' x 13.62'
3rd Br2nd12.01' x 10.99'
Oakville Market Statistics
Oakville Price Trend
547 Terrace Way is a 3-bedroom 3-bathroom townhome listed for sale at $799,000, which is $289,923 (26.6%) lower than the average sold price of $1,088,923 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 3 bedroom townhome in Oakville declined by $90,577 (7.7%) compared to the previous 30 day period (February 19 - March 19) and down $103,038 (8.6%) from the same time one year ago.
Inventory Change
There were 96 3-bedroom townhomes listed in Oakville over the last 30 days (March 20 - April 18), which is up 47.7% compared with the previous 30 day period (February 19 - March 19) and up 50.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Oakville typically sold $24,879 (2.3%) above asking price over the last 30 days (March 20 - April 18), which represents a $25,056 increase compared to the previous 30 day period (February 19 - March 19) and $40,059 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 3-bedroom townhomes in Oakville over the last 30 days (March 20 - April 18) stood at 54.2%, down from 61.5% over the previous 30 days (February 19 - March 19) and down from 93.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom townhome in Oakville stood at 10 days when successfully sold over the last 30 days (March 20 - April 18), compared to 23 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Realty Plus Oakville, Brokerage
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