70 days on Market

142 Balsam Dr, Oakville, Ontario L6J 3X5

$3,988,800
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Detached
4
2
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,795/sqft

Est. Mortgage$17,130/mo

Tax Amount (2024)$12,009/yr

Days On Market70 days


Description

This exceptional property, located on one of the most sought-after streets in Old Oakville, presents a unique opportunity to create the home of your dreams. Balsam Drive is renowned for its stunning tree-lined vistas, prestigious estate homes, and generous lot sizes, making it one of Oakville's most desirable addresses. Set on a sprawling 15,650 sqft lot with an impressive 100.21-foot frontage and 153.11-foot depth, this property offers ultimate privacy with perimeter trees that do not interfere with potential building plans. Its coveted RL1-0 zoning allows for the construction of a grand estate, providing ample space for luxurious living areas, outdoor entertaining spaces, and lush gardens. While you plan your dream build, the existing home is move-in ready, offering comfortable living or rental potential. This flexibility ensures you can enjoy the property immediately while crafting your future vision. Located within walking distance of Downtown Oakville and the shores of Lake Ontario, this property epitomizes convenience and lifestyle. Enjoy a short stroll to world-class restaurants, boutique shopping, and the picturesque lakefront, all within 10 minutes. Families will also benefit from being minutes away from Oakville's top-rated private schools, such as St. Mildred's-Lightbourn, MacLachlan College, and Linbrook School, and just steps away from New Central Public School. With endless possibilities, this property offers incredible potential for a custom-designed estate with stunning architecture, making full use of this extraordinary lot.


Property Details

Style2-Storey
View-
Age of property51-99
SqFt~2000-2500 SqFt
Lot Size15,343 SqFt(153.11 x 100.21)
Parking Spaces6
MLS ®NumberW9346006
Community NameOld Oakville
Data SourceTRREB

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Full, Part Fin

Main Floor

Foyer

2.41 x 2.29

Living

5.38 x 5.16

Fireplace

Kitchen

6.15 x 2.84

Eat-In Kitchen / W/O To Sunroom

Sunroom

5.18 x 3.61

O/Looks Backyard


Features

Lot size: 15,343 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 4

Total parking spaces 6


Property History

Now
ListedFor Salefor$3,988,800Active
70 days on market
Listing by trreb®
history photo preview14
Now
ListedFor Salefor$3,988,800Active
70 days on market
Listing by itso®
history photo preview14
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Property listed by RE/MAX HALLMARK ALLIANCE REALTY, Brokerage

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Comparable Sales

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Sold for $•••,•••
43 Park Ave, Oakville
••••••••• sq ft
Listed by CENTURY 21 MILLER REAL ESTATE LTD.
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Sold for $•••,•••
516 Trafford Cres, Oakville
••••••••• sq ft
Listed by ROYAL LEPAGE PEACELAND REALTY
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Sold for $•••,•••
166 Dornie Rd, Oakville
••••••••• sq ft
Listed by Century 21 Miller Real Estate Ltd., Brokerage

Market DataFor the past 30 days in Old Oakville

Median Selling Price

$2,451,000

92.24% more than GTA:

$1,275,000

Median Bidding

Underbidding - Trending to buyer market

-$115,000

GTA median: -$25,000

Median Number of Sales

31 sales

2816 sales less than GTA:

2847 sales

Median Number of Days on Market

39 days

18 days more than GTA:

21 days

Want more insights?Visit the Market Pulse


Schools and amenities

Estimated Budget