$5,600,000
Oakville
7 Colonial Crescent, Oakville (MO Morrison), Ontario, L6J4K8
This 4-bedroom, 3-bathroom home in Oakville is for sale offering roughly 4,250 sq ft of space. It has been on the market 48 days, fresher than the Oakville average of 64 days.
A rare offering in prestigious Southeast Oakville, 7 Colonial Crescent presents an exceptional bungaloft estate on a remarkable 0.64-acre (27,469 square feet) property south of Lakeshore Road. Encompassing over 4,300 sq ft above grade, plus a partially finished lower level, this 5-bedroom, 2.5-bath residence was masterfully redesigned by Gren Weis in 2001. This home offers endless potential- move in and enjoy or renovate / build. The main level-spanning over 3,000 sq ft-showcases grand principal rooms, hardwood flooring, 3 fireplaces, and an abundance of natural light. A beautifully appointed eat-in kitchen features a generous island, premium stainless steel appliances, and seamless access to a private, pool-sized backyard. The main floor also includes a living room, dining room, family room, laundry room and sunroom! The primary bedroom includes a 5-piece ensuite and walk-in closet. The 2nd level of the home includes 3 large bedrooms and a 4-piece bathroom. The lower level adds versatility with a large rec room, gas fireplace, workshop, garage access and ample storage. The exterior of the home features a double wide driveway with parking for 12 vehicles, a 2-car garage and professional landscaping with an irrigation system. The backyard offers full privacy, beautiful mature trees, a large deck and stone patio. Located steps away from Lake Ontario and Gairloch Gardens- close proximity to top schools and all that downtown Oakville has to offer! Luxury Certified. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 48 days on market, against an average age of 64 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 4-bed single family in Oakville (MO Morrison) has been listed for 48 days, which is 16 days fresher than the city average of 64. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $5,600,000, about 35.4× the local median household income of $158,000.
Carrying it typically needs a household income of about $1,093,876 (20% down, 25-yr amortization, stress-tested) — roughly 592% above the area median.
Source: Statistics Canada, 2021 Census (FSA L6J)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.