2388 Stone Glen Cres., Oakville
Asking price: $1.55-million (March, 2025)
Previous asking prices: $1,599,000 (June, 2024); $1,679,000 (May, 2024)*under previous agent
Selling price: $1.5-million (May, 2025)
Previous selling prices: $490,000 (June, 2010); $423,936 (May, 2009); $265,500 (January, 2006)
Taxes: $5,505 (2024)
Property days on market: 173
Listing agent: Dino Capocci, Royal LePage Real Estate Services Ltd.
This Oakville semi failed to sell last summer, but an adjustment to the asking price helped find a buyer this May.Royal LePage Real Estate Services Ltd.
The action
This semi-detached house near Oakville Trafalgar Memorial Hospital was on the market last summer priced as high as $1,679,000, but the offers were low and negotiations fruitless. A new agent, based in Toronto rather than Oakville, was brought on this spring, with a new asking price of $1.55-million. Within five weeks, a deal was cut at $1.5-million to buyers from Montreal.
“[The owners] thought a Toronto agent could get a little more exposure and bring some buyers not just from the Oakville area,” said agent Dino Capocci.
“They had a few low offers [previously], but nothing close to this.”
Mr. Capocci said the home sold for $50,000 below asking, but it could have been worse.
“We were very fortunate to sell because there’s a lot of inventory ballooning in Oakville, Burlington, Toronto, Mississauga, everywhere,” Mr. Capocci said.
“[Receiving] $1.5-million was one of the higher prices for a semi-detached house in the area, especially now that the market is quieter.”
The main floor lounge, kitchen and dining room.Royal LePage Real Estate Services Ltd.
What they got
This four-bedroom house sits on an irregular-shaped, corner lot measuring 17 feet across the front and 108 feet along one side.
There are entertaining areas on the main and lower levels, as well as a dining room and a kitchen with an island and double doors to a two-tiered patio with a pergola, built-in grill and bar fridge.
There are four bathrooms, a central vacuum system and a laundry room with access into the double garage.
The backyard barbecue and pergola-covered seating area.Royal LePage Real Estate Services Ltd.
The agent’s take
“It had a beautifully landscaped, dream backyard with stone walkways and lighting systems,” Mr. Capocci said. “It was really special outside.
“It’s near a big, new hospital, so that’s also a bit of a draw.”
Did you recently buy a home? We want to hear your house hunting story
Did you recently buy a home? The Globe wants to hear about your house hunting journey. What were you looking for, what was your budget and what concessions did you make along the way? How many other listings did you look at, and why did you chose the home that you did? We’ll be profiling house hunters across the country in a new series.
Share your experiences in the form below or email audience@globeandmail.com.