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511 Sixteen Mile Dr
Walkability
5/10
Transit
Unknown
Bikeability
8/10
Parking
2 Spots
Driveway
None
Garage
Attached
All Inclusive
No
Furnished
Yes
Portion for Lease
Entire Property
Property Size (SQFT)
1500 - 2000
Basement
Unfinished, Full
Days on Market
622
Est. Lease Timeframe
No Data
Area Demand
LOW
Move-In Date
November 16, 2021
MLS Restricted Listing
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511 Sixteen Mile Dr | Unit #
Buyer's Market
Balanced
Seller's Market
Property Highlights
Property
| TypeTownhouse | Style2 Storey | Air ConditioningCentral Air |
| HeatingForced Air | Heat SourceGas | BasementUnfinished, Full |
| ExteriorBrick, Stone | Age6-15 Years | Central VacuumNo Data |
Travel Times
Demographics
The following demographic information is based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households and is often referred to as a small neighbourhood.
Population
5,677
Average Individual Income
$63,392
Average Household Size
2 persons
Average Age
40
Average Household Income
$97,977
Dominant Housing Type
Semi Detached
Population By Age
Household Income
Stats, Trends & Rankings
Average House Price
River Oaks Area
River Oaks Trends
Days on Market
Houses spend an average of
21
Days on Market
based on recent sales
List vs Selling Price
On average, houses sell for
4%
below
the list price
Offer Competition
Houses have an
AVERAGEChance of receiving
Multiple Offers
Sales Volume
River Oaks has the
4th
Highest number of sales transactions among 13 neighbourhoods in the Oakville area
Property Value
-20%
Decrease in property values within the past twelve months
Price Ranking
8th
Highest average house price out of 13 neighbourhoods in the Oakville area
Sold Houses
51
Houses were sold over the past twelve months
Rented Houses
97
Houses were rented over the past twelve months
Sales Vs Rental Values For Houses in River Oaks
Detached
Average Cost Per Sqft$671,541
Sales Price Range$1,175,000 - $2,168,000
Rental Price Range$1,980 - $6,000
Semi-Detached
Average Cost Per Sqft$785,899
Sales Price Range$860,000 - $1,260,000
Rental Price Range$3,150 - $3,700
Row Townhouse
Average Cost Per Sqft$228,184
Sales Price Range$900,000 - $1,652,000
Rental Price Range$2,300 - $3,900
How Often Are Housing Types Listed?
Detached
Average Sales Availability
Every3Days
Average Rental Availability
Every6Days
Semi-Detached
Average Sales Availability
Every27Days
Average Rental Availability
Every49Days
Row Townhouse
Average Sales Availability
Every6Days
Average Rental Availability
Every4Days
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