$6,500,000

For sale

54 RAYMAR Place, Oakville - Single Family for Sale

54 RAYMAR Place, Oakville, Ontario, L6J6M1

5 beds5 baths4 parking7,241 ft²Listed 17 days ago

Overview

This 5-bedroom, 5-bathroom home in Oakville is for sale offering roughly 7,241 sq ft of space. It has been on the market 17 days, fresher than the Oakville average of 56 days.

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Description

Welcome to 54 RAYMAR PL, OAK ON L6J 6M1, a single-family residence built in 1988 that has undergone a complete transformation. This property, fully updated from its recently refreshed exterior to its meticulously remodeled interior, offers a contemporary aesthetic designed for modern living. The heart of this home is undoubtedly the recently updated kitchen, a culinary enthusiast's dream. It features a generous island with a built-in sink, providing ample space for preparation and casual dining, complemented by a convenient wine cooler. Adjacent to this, the living room provides a comfortable gathering space, enhanced by the warmth of a fireplace. The bathrooms throughout the home offer a touch of luxury, with features such as double vanities, floating vanities, and invigorating walk-in showers. Beyond the interior, the private yard is an entertainer's paradise, offering an outdoor living space complete with a fire pit and a dedicated outdoor dining area. For ultimate relaxation, indulge in the private pool or unwind in the private outdoor hot tub. The property also includes a workshop and a patio, along with a built-in garage providing four spaces for vehicles. Discover the exceptional lifestyle this meticulously updated property offers; schedule your private viewing today. Over 7000 Square ft. of Living Space. (id:66096)

Property Details

MLS®: 40872637
Property Type: Single Family
Zoning: RL3-0
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 5
Half Baths: 1
Parking: 4
Interior Size: 7,241 ft²
Frontage: 147 ft
Year Built: 1988
Storeys: 2
Style: Contemporary
Basement: Finished, Full
Heating: Forced air, In Floor Heating, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage
Pool

Rooms

Basement

Utility room: 11'10'' x 14'8''
3pc Bathroom: 9'1'' x 10'2''
Bedroom: 9'11'' x 10'1''
Bedroom: 10'1'' x 13'1''
Gym: 9'9'' x 14'0''
Recreation room: 23'5'' x 36'11''

Second level

3pc Bathroom: 7'11'' x 8'1''
Bedroom: 12'0'' x 36'9''
4pc Bathroom
Bedroom: 12'5'' x 28'6''
Laundry room

Features

Appliances: Washer, Refrigerator, Water meter, Hot Tub, Dishwasher, Wine Fridge, Dryer, Microwave, Garburator, Hood Fan, Window Coverings, Garage door opener, Microwave Built-in
Foundation: Poured Concrete
Exterior: Steel, Other
Lot Features: Cul-de-sac, Skylight, Gazebo, Automatic Garage Door Opener

Services

Water: Municipal water
Sewer: Municipal sewage system
Utilities: Natural Gas, Electricity, Telephone

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

17d

Oakville listings, avg age

56d

Price / ft²

$898

List price

$6.50M

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.

Haho

This 5-bed single family in Oakville has been listed for 17 days, which is 39 days fresher than the city average of 56. Act while there is still low competition.

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Listed by RE/MAX Escarpment Realty Inc. · Christine Sohar

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6J)

This home lists at $6,500,000, about 41.1× the local median household income of $158,000.

Carrying it typically needs a household income of about $1,269,678 (20% down, 25-yr amortization, stress-tested) — roughly 704% above the area median.

Median household income: $158,000
Population: 24,420
Median age: 46.4
Owner / renter: 84% / 16%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L6J)

$6,500,000· $898/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $1,300,000

Min 20%50%

Mortgage payment$27,721/mo

Property tax (est.)$2,652/mo

Total monthly$30,373

Cash Needed to Close

Down payment (20%)$1,300,000

Land transfer tax$148,975

Est. closing costs$22,000

Total cash needed$1,470,975

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