Oakville, Old Oakville, L6K 1V6
$1,298,000
Listed by REAL BROKER ONTARIO LTD..
Renovated bungalow, situated in the highly sought-after Kerr Village / Central Oakville community. Featuring 2+2 bedrooms, this home boasts two updated kitchens with brand-new appliances, 2 laundry rooms, 2 full baths. This home has separate entrances for each residence. Both levels have ample natural light. This property stands as an excellent fit for any potential homebuyer and presents a compelling investment opportunity. Already hosting a AAA tenant on the lower level, generating a monthly income of $2,100. The property's versatility also extends to its potential as a multi-generational home. The lower level offers great promise as an ideal in-law suite or as a leasable space, affording the option to reside on the main floor and generate income from the lower level tenant. Ideally situated just moments away from Lake Ontario and surrounded by homes valued in the millions. Conveniently located walking distance to an array of amenities including shops, restaurants, schools, and parks, and quick access to the Go Train.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.