Lot 7 Oakley Rd

FOR SALE
$1,274,900
Lot 7 Oakley Rd, Niagara-on-the-Lake
Lot 7 Oakley Rd
Lot 7 Oakley Rd
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
9
ROOMS
X5987427
MLSID
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Property Description
Award winning Parkside Custom Homes now taking custom contracts for new homes to be built in NOTL in the quiet tranquil surroundings of Virgil. Large walk in closet and luxurious ensuite with heated floor and large walk in tiled and glass shower; 9 ft ceilings through out with 10 ft coffered ceiling in great room, walk out to large covered deck, separate entrance to basement with walk up; deeper double car garage, large covered front porch, oak stairs to basement with metal railing, modern kitchen with pantry area, paved driveway and potential special low interest mortgage arrangements. Exterior includes stone brick stucco choices and Hardie Board siding. This location can not be beat, as you are minutes away from Gretzky Winery and many other wineries and restaurants, easy access to all major roads, highways, and shopping! Builder has two additional lots in the subdivision to choose from.
Property Details
Street
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
49' x 98'
Fronting
West
Basement
Unfinished, Walk-Up
Exterior
Stone, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerMain6.82' x 14.67'
Prim BdrmMain13.78' x 17.06'
BathroomMain5.91' x 11.81'4 Pc Ensuite
BathroomMain5.91' x 8.86'4 Pc Ensuite
KitchenMain18.73' x 11.98'
DiningMain13.78' x 11.98'
Great RmMain21.98' x 9.97'
LaundryMain6.33' x 14.07'
2nd BrMain11.81' x 9.84'
Niagara-on-the-Lake Market Statistics
Niagara-on-the-Lake Price Trend
Lot 7 Oakley Rd is a 2-bedroom 2-bathroom home listed for sale at $1,274,900, which is $403,000 (46.2%) higher than the average sold price of $871,900 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 2 bedroom home in Niagara-on-the-Lake declined by $155,600 (15.1%) compared to the previous 30 day period (February 27 - March 27) and down $189,600 (17.9%) from the same time one year ago.
Inventory Change
There were 7 2-bedroom homes listed in Niagara-on-the-Lake over the last 30 days (March 28 - April 26), which is down 0.0% compared with the previous 30 day period (February 27 - March 27) and down 56.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Niagara-on-the-Lake typically sold ($27,100) (3.1%) below asking price over the last 30 days (March 28 - April 26), which represents a $24,900 increase compared to the previous 30 day period (February 27 - March 27) and ($12,500) 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 (March 28 - April 26) stood at 71.4%, down from 114.3% over the previous 30 days (February 27 - March 27) 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 55 days when successfully sold over the last 30 days (March 28 - April 26), compared to 24 days before being removed from the market upon being suspended or terminated.
Listing contracted with Exp Realty, Brokerage
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