Lot 3 Oakley Dr
108 - Virgil, Niagara-on-the-Lake, L0S 1N0
FOR SALE
$1,229,500

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Property Description
Settle into your custom to be built home in the new Settler's Landing subdivision in Virgil right in the heart of Niagara's wine country. This thoughtfully crafted home, to be built by highly respected local builder Niagara Pines Developments, offers a spacious and well-designed floor plan, with comfortable living in mind. Enjoy high-quality standard finishes that allow you to create your dream home without compromise. Expect engineered wood and tile flooring (no carpet), oak-stained stairs, oak railing with wrought iron spindles, gas fireplace with stone cladding, stone countertops in the kitchen and bathrooms, a tiled walk-in shower, a well-appointed kitchen, 15 pot lights, and a generous lighting allowance. The homes exterior will feature a refined and distinguished look featuring stylish stone and stucco. This area is flourishing and the town of Virgil has many great amenities all just a couple of minutes away. Old town Niagara -on-the-Lake is less than 10 minutes away and award winning wineries and breweries are a plenty! Please note that this home is not yet built. The process is designed so you can schedule an appointment with the builder to review and customize the home and specifications to suit your preferences.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-02-23 | 2024-11-15 | 266 | $1,250,000 | - | Terminated |
2023-11-09 | 2024-02-15 | 98 | $1,250,000 | - | Expired |
2023-11-09 | 2024-02-15 | 98 | $1,250,000 | - | Expired |
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Property Details
Street
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
49' x 98'
Acreage
< .50
Fronting
East
Basement
Full, Unfinished
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Main | 6.89' x 8.07' | |
Dining | Main | 13.78' x 17.39' | |
Great Rm | Main | 17.39' x 6.50' | |
Kitchen | Main | 11.09' x 17.39' | |
Prim Bdrm | Main | 12.89' x 13.09' | W/I Closet |
Bathroom | Main | 6.10' x 11.58' | 4 Pc Ensuite |
Br | Main | 10.30' x 13.19' | |
Bathroom | Main | 5.09' x 8.89' | 4 Pc Bath |
Laundry | Main | 6.50' x 7.97' |
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Niagara-on-the-Lake Market Statistics
Niagara-on-the-Lake Price Trend
Lot 3 Oakley Dr is a 2-bedroom 2-bathroom home listed for sale at $1,229,500, which is $105,667 (9.4%) higher than the average sold price of $1,123,833 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Niagara-on-the-Lake increased by $4,804 (0.4%) compared to the previous 30 day period (December 22 - January 20) and up $178,833 (18.9%) from the same time one year ago.Inventory Change
There were 13 2-bedroom homes listed in Niagara-on-the-Lake over the last 30 days (January 21 - February 19), which is up 8.3% compared with the previous 30 day period (December 22 - January 20) and up 62.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Niagara-on-the-Lake typically sold ($40,830) (3.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $142,859 decrease compared to the previous 30 day period (December 22 - January 20) and $0 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 homes in Niagara-on-the-Lake over the last 30 days (January 21 - February 19) stood at 23.1%, up from 16.7% over the previous 30 days (December 22 - January 20) and up from 12.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Niagara-on-the-Lake stood at 153 days when successfully sold over the last 30 days (January 21 - February 19), compared to 69 days before being removed from the market upon being suspended or terminated.Listing contracted with Bosley Real Estate Ltd., Brokerage
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