5 homes that just sold for less than $500k in Oakville and Burlington
The Halton Region might be one of the most expensive regions in the GTA, but some properties are still selling for less than half a million dollars.
Zoocasa, a real estate website and brokerage, recently released a list of five properties that changed hands for less than $500,000 in a region where the average price point hit $1,267,636 (all property types combined) in March 2023.
According to data recently released by the Toronto Regional Real Estate Board (TRREB), prices in the region (and in the GTA overall) are slowly inching up after declining for several months in the last few months of 2022, with prices increasing 3.73 per cent in Halton month-over-month.
There are also more Halton homes hitting the market, with 1,089 new listings in the region in March–up 25.17 per cent from the 870 new listings that entered the market in February.
As for what homes are selling, detached houses and condos are the most popular home types. Zoocasa said 383 detached homes traded hands at an average price of $1,650,063. Regarding condos, 132 properties were sold, with the average price hitting $676,412.
Here’s a look at some homes that sold for less than $500,000.
301 – 2411 New St
Photo by Davenport Realty, Brokerage
This two-bedroom, one-bathroom condo sold for $410,000 after hitting the market at $449,000. The suite, which spans over 800 square feet, offers a large living room, breakfast nook, large bedrooms, new stainless steel appliances and proximity to the city’s downtown core.
803 – 20 Speers Rd
Photo by RE/MAX Realty Enterprises Inc., Brokerage
This beautifully renovated Oakville condo boasts one bedroom, one bathroom and approximately 700 square feet of space. The suite sold for $430,000 after hitting the market at $449,900. Located in an affordable building in the trendy Kerr Village neighbourhood, the unit offers fresh upgrades and quartz countertops.
114 – 1411 Walker’s Line
Photo by Keller Williams Edge Realty, Brokerage
This one-bedroom, one-bathroom unit recently sold for $443,000 after being listed for $449,900. The Tansley neighbourhood unit, which spans about 600 square feet, offers laminate floors, an eat-in kitchen, a large primary bedroom with a spacious closet and a four-piece bathroom.
310 – 34 Plains Rd E
Photo by Property Trading Realty Services Corp, Brokerage
This one-bedroom, one-bathroom condo spans about 500 square feet and boasts an open-concept floor plan, a modern kitchen with granite countertops and a balcony. The unit sold for $463,000 after hitting the market at $479,900. The building is close to the Aldershot GO station.
203 – 4040 Upper Middle Rd
Photo by RE/MAX Escarpment Team Logue Realty, Brokerage
This stylish suite offers one bedroom, one bathroom and approximately 500 square feet of space. The unit sold for more than asking, selling for $465,716 after being listed for $424,900. The unit boasts a sleek, sophisticated interior with 9’ ceilings and large windows.insauga's Editorial Standards and Policies advertising