$3,130,000
Oakville
240 Colchester Drive, Oakville (MO Morrison), Ontario, L6J5S5
This 6-bedroom, 4-bathroom home in Oakville is for sale offering roughly 3,250 sq ft of space. Listed at $3,130,000, it is attractively priced about 25% below the $4,195,000 median asking price in Oakville. It has been on the market 9 days, fresher than the Oakville average of 63 days.
Set on a remarkable estate-sized lot in coveted Morrison, this traditional family home offers an exceptional opportunity in one of SE Oakville's most established + sought-after neighbourhoods. Surrounded by towering mature trees + an enclave of beautiful homes, the setting offers privacy, character + permanence. Walk to elementary + secondary schools, Lake Ontario, Gairloch Gardens, waterfront trails + parks, while enjoying the rare scale of a 100'x150' lot. The immaculate grounds + private rear yard create a wonderful setting for family life through every season. With 5+1 beds, 3.5 baths + triple car garage, it's poised to welcome a large family. Expansive principal spaces create a sense of scale across the main level. Beautifully appointed kitchen offers abundant cabinetry, ample workspace + picturesque views of the yard, w/a separate breakfast area connecting easily to the living + dining rooms. Tucked away, the main floor laundry + mudroom add everyday convenience. Bright solarium-style family room w/fireplace provides a warm space to gather, surrounded by generous glazing. Upstairs, five bright bedrooms offer generous proportions + natural light. Refined main bath serves the family bedroom wing, while the expansive primary suite features a very large ensuite + comfortable retreat-like proportions. LL is designed for family life w/a spacious recreation room, wet bar, gym area, 6th bed + full bath. There is room for movie nights, guests, older children + everything in between. Masterfully landscaped + incredibly private, the rear yard is anchored by a linear pool, stone lounges + layered gardens. A cedar-thatched gazebo w/fireplace creates a cozy gathering spot, while the stone patio is ideal for al-fresco dining. Flat grassy areas provide plenty of space for summer games + even a winter rink. Cherished neighbourhood known for its natural beauty, community + enduring appeal, Morrison offers an exceptional place to set down roots + truly enjoy the neighbourhood. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 9 days on market, against an average age of 63 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
This 6-bed single family in Oakville (MO Morrison) has been listed for 9 days, which is 54 days fresher than the city average of 63. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $3,130,000, about 19.8× the local median household income of $158,000.
Carrying it typically needs a household income of about $611,399 (20% down, 25-yr amortization, stress-tested) — roughly 287% above the area median.
Source: Statistics Canada, 2021 Census (FSA L6J)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.