16 COLONIAL CRESCENT, Oakville (MO Morrison)

$3,795,000

For sale: Detached

Detached at 16 COLONIAL CRESCENT, Oakville (MO Morrison)
Property type
Detached
Bedrooms / bathrooms
4 bedrooms, 4 bathrooms
Living area
5,000 sqft
MLS®
MLS® W13774358
Neighbourhood
1011 - MO Morrison

An exceptional opportunity on one of Southeast Oakville's most prestigious streets. Set on a nearly half-acre lot, 16 Colonial Crescent offers approximately 100 feet of frontage and more than 210 feet of depth, with outstanding proportions for a substantial custom build. The lot's generous dimensions and mature setting allow for an impressive new residence while maintaining exceptional privacy and meaningful outdoor space. Surrounded by mature trees and distinguished homes, the property offers a sense of scale and seclusion rarely found this close to the lake. RL1-0 zoning provides the potential for more than 6,000 square feet of above-grade living space, while still allowing for generous outdoor living, a pool and landscaped gardens, subject to applicable approvals. The property is currently a spacious four-bedroom residence offering approximately 3,700 square feet above grade, plus a finished lower level, attached double garage and inground pool-providing the flexibility to lease the home while planning a future build. Colonial Crescent is a quiet, established enclave known for its large properties, mature tree canopy, and impressive custom homes. Just steps from the lake and Gairloch Gardens, the location also offers convenient access to Downtown Oakville, excellent public and private schools, parks and the waterfront. A rare opportunity to secure a significant building lot on one of Southeast Oakville's premier streets and create an exceptional custom home in an highly sought-after location.

Sold data

Homes in Mo Morrison — recent sold market

Homes in Mo Morrison took a median of 34 days to sell over the last 365 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 71, across 67 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 89 days.

The median sale price was $3,299,900.

Homes sold for about 6.3% below asking on average, so there was room to negotiate.

About 1% of sales closed above the list price.

Around 12% of sellers reduced their price before finding a buyer.

Median days to sell
34
Median sale price
$3,299,900
Sale-to-list ratio
93.7%
Sold above asking
1%

Based on 67 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Oakville (MO Morrison)

Oakville (MO Morrison) has 56 Fraser Institute–rated schools (45 elementary and 11 secondary), averaging 7.8/10.

Rated schools
56
Elementary
45
Secondary
11
Average rating
7.8 / 10

Top-rated schools in Oakville (MO Morrison)

  • Alfajrul Bassem — elementary, OakvilleFraser rating 10.0/10
  • Forest Trail — elementary, OakvilleFraser rating 10.0/10
  • Pilgrim Wood — elementary, OakvilleFraser rating 9.7/10
  • E J James — elementary, OakvilleFraser rating 9.6/10
  • New Central — elementary, OakvilleFraser rating 9.6/10
  • du Chêne — elementary, OakvilleFraser rating 9.4/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 16 COLONIAL CRESCENT