101 days on Market

142 Balsam Dr, Oakville, Ontario L6J 3X5

Detached
4
2
~2000-2500 sqft
$3,588,000
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Detached
4
2
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,615/sqft

Est. Mortgage$15,409/mo

Tax Amount (2024)$12,009/yr

Days On Market101 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
Listing byRe/Max Hallmark Alliance Realty

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 listed by Re/Max Hallmark Alliance Realty, Brokerage

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Market Data - Old Oakville

Buyer's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

36 days

Compared to

2023

44 days

2022

43 days

2021

18 days

New Listings

Past 30 days

41 listings

Compared to

2023

18 listings

2022

7 listings

2021

0 listing

Units sold

Past 30 days

7 units

Compared to

2023

10 units

2022

4 units

2021

10 units

Median Sold Price

Past 30 days

$3,050,000

Compared to

2023

$2,694,000

2022

$2,300,000

2021

$1,600,000


Population and Demographics

Overview

Total population 12340
Average household income $232,063

Age (%)

65 and plus
26%
50 to 64
22%
0 to 19
17%
20 to 34
17%
35 to 49
17%

Household composition (%)

Single family
57%
Single person
39%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
80%
Portuguese
2%
Arabic
2%
Mandarin
2%
Others
2%
Tagalog (Pilipino, Filipino)
2%
Spanish
2%
French
2%
Polish
1%
Italian
1%

House tenancy (%)

Renters
52%
Owners
48%

Schools and amenities

Estimated Budget