$1,159,000
For sale: Detached

Attention Developers & Builders! Rear opportunity to own an extra deep, Ravine, and Pie-shaped lot over 80 feet wide at the rear end. The existing 3 Bedroom Bungalow was fully renovated from top to bottom in the year 2020 with modern finishes. Over 150 Feet deep lot back onto Munn's Creek, located among lots of newly developed multi-million-dollar homes. Demolish and build or live in this upscale neighborhood. Situated in a very desirable College Park area. Roof was replaced in 2019; Driveway was replaced in 2020. Currently tenanted to a triple A tenant on a month-to-month lease. Tenant willing to stay if buyer wishes to assume tenancy. Property priced for just the lot, house is a bonus. Images are from 2020.
Sold data
Detached homes in Oakville (CP College Park) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 50, across 349 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.
The median sale price was $1,699,000.
Homes sold for about 4.4% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 349 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Oakville (CP College Park) has 56 Fraser Institute–rated schools (45 elementary and 11 secondary), averaging 7.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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