10498 Highway 7

FOR SALE
$1,259,000
10498 Highway 7, Halton Hills
10498 Highway 7
10498 Highway 7
10498 Highway 7
10498 Highway 7
10498 Highway 7
10498 Highway 7
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
W8166544
MLSID
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Property Description
Opportunity To Built your custom home on a Large 15 Acre Lot Only Minutes From Acton. Easily Accessible On Highway 7, And Features A Creek At The Rear Of The Property. Existing Bungalow On The Property rented and generating income.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-09-14 2023-12-31 108 $1,299,000 - Expired
2023-05-11 2023-08-31 113 $1,489,000 - Expired
Extras
Stove, Fridge, washer and Dryer, Elf's, Furnace and Water purifier/filtration system recently changed.
Property Details
Street
Community
Property Type
Detached, Bungalow
Lot Size
316' x 2,008'
Lot Irregularities
Irregular Lot
Fronting
South
Taxes
$2,795 (2023)
Basement
Finished, Sep Entrance
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
3
Driveway
Private
Garage Type
Detached
Halton Hills Market Statistics
Halton Hills Price Trend
10498 Highway 7 is a 2-bedroom 1-bathroom home listed for sale at $1,259,000, which is $357,875 (39.7%) higher than the average sold price of $901,125 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 2 bedroom home in Halton Hills declined by $197,075 (17.9%) compared to the previous 30 day period (February 26 - March 26) and up $43,650 (5.1%) from the same time one year ago.
Inventory Change
There were 12 2-bedroom homes listed in Halton Hills over the last 30 days (March 27 - April 25), which is up 9.1% compared with the previous 30 day period (February 26 - March 26) and up 33.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Halton Hills typically sold ($7,850) (0.9%) below asking price over the last 30 days (March 27 - April 25), which represents a $81,670 increase compared to the previous 30 day period (February 26 - March 26) and ($17,400) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Halton Hills over the last 30 days (March 27 - April 25) stood at 66.7%, up from 45.5% over the previous 30 days (February 26 - March 26) and down from 88.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Halton Hills stood at 19 days when successfully sold over the last 30 days (March 27 - April 25), compared to 21 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Gold Realty Inc.
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