108 Oak Lake Rd
Quinte West, K0K 3E0
FOR SALE
$599,000
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BEDROOMS1
BATHROOMS1
KITCHENS7
ROOMSX9347289
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Property Description
Welcome to a beautiful fully furnished retreat on sought-after Oak Lake. This waterfront cottage is nestled among trees and lush greenery and offers 3 bedrooms, 4pc bathroom, with a cozy living space by the fireplace and a spacious dining room to entertain family and friends. Features include, propane fireplace, electrical wall heaters, lake water pump, double private parking spaces. A large deck that has ample space for BBQ, patio furniture with a walk down dock to catch the spectacular sunsets over the water. The spring-fed lake offers fishing, swimming, boating and water sports. It's conveniently situated on roads maintained year-round close to local Oak Lake community beach and canteen, 5 mins to the charming town of Stirling (grocery, LCBO, bank), Oak Hills Golf course, nearby Prince Edward County and only 2 hours from downtown Toronto. The perfect gateway for you and your family to make great memories and also a lucrative short term rental opportunity.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-10-01 | 2020-10-08 | 7 | $297,900 | $345,000 | Sold |
Extras
Hot water tank Owned
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Property Details
Street
City
Property Type
Cottage, Bungalow
Lot Size
58' x 126'
Lot Irregularities
57.24x141.59x35.58x9.30x16.21x126.57 ft
Fronting
North
Taxes
$2,638 (2024)
Basement
Crawl Space, Unfinished
Exterior
Vinyl Siding
Heat Type
Other
Heat Source
Electric
Air Conditioning
None
Water
Other
Parking Spaces
2
Driveway
Pvt Double
Garage Type
None
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Quinte West Market Statistics
Quinte West Price Trend
108 Oak Lake Rd is a 3-bedroom 1-bathroom home listed for sale at $599,000, which is $69,000 (13.0%) higher than the average sold price of $530,000 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 3 bedroom home in Quinte West increased by $7,786 (1.5%) compared to the previous 30 day period (September 23 - October 22) and up $35,000 (7.1%) from the same time one year ago.Inventory Change
There were 41 3-bedroom homes listed in Quinte West over the last 30 days (October 23 - November 21), which is down 14.6% compared with the previous 30 day period (September 23 - October 22) and up 28.1% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Quinte West typically sold ($12,700) (2.4%) below asking price over the last 30 days (October 23 - November 21), which represents a $129 increase compared to the previous 30 day period (September 23 - October 22) and ($5,000) less 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 3-bedroom homes in Quinte West over the last 30 days (October 23 - November 21) stood at 87.8%, up from 77.1% over the previous 30 days (September 23 - October 22) and down from 96.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Quinte West stood at 36 days when successfully sold over the last 30 days (October 23 - November 21), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Lanthorn & Associates Real Estate Ltd.
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