1040 Dowland Cres

FOR SALE
$949,900
1040 Dowland Cres, Burlington
1040 Dowland Cres
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
9
ROOMS
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Property Description
Welcome to your new home in one of Burlington's most sought-after neighborhoods! This charming 4-level side split offers the perfect canvas to create your dream living space. Nestled on a large pie-shaped lot, the property boasts beautifully landscaped surroundings for ultimate privacy. With 3 spacious bedrooms, 2 baths, and a sprawling backyard, you'll have endless opportunities for outdoor entertaining, gardening, or relaxation. The updated kitchen features a newer stove and dishwasher, while recent updates to the windows and roof add peace of mind. The finished basement includes cozy LED pot lights and ample storage with a crawl space. This prime location puts you within walking distance of top-rated schools, and offers easy access to highways, the GO Train, shopping, and other amenities ideal for families and commuters alike. Don't miss this opportunity to own a home with incredible potential in a fantastic location.
Property Features
Fenced Yard, Hospital, Library, Park, Place Of Worship, Public Transit
Property Details
Community
Property Type
Detached, Sidesplit 4
Approximate Sq.Ft.
1500-2000
Lot Size
42' x 91'
Fronting
East
Taxes
$4,359 (2023)
Basement
Finished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Burlington Market Statistics
Burlington Price Trend
1040 Dowland Cres is a 3-bedroom 2-bathroom home listed for sale at $949,900, which is $274,962 (22.4%) lower than the average sold price of $1,224,862 in the last 30 days (September 5 - October 4). During the last 30 days the average sold price for a 3 bedroom home in Burlington declined by $3,560 (0.3%) compared to the previous 30 day period (August 6 - September 4) and up $25,101 (2.1%) from the same time one year ago.
Inventory Change
There were 133 3-bedroom homes listed in Burlington over the last 30 days (September 5 - October 4), which is up 64.2% compared with the previous 30 day period (August 6 - September 4) and up 8.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Burlington typically sold ($40,285) (3.3%) below asking price over the last 30 days (September 5 - October 4), which represents a $53,497 decrease compared to the previous 30 day period (August 6 - September 4) and ($36,927) 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 Burlington over the last 30 days (September 5 - October 4) stood at 46.6%, down from 109.9% over the previous 30 days (August 6 - September 4) and up from 43.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Burlington stood at 23 days when successfully sold over the last 30 days (September 5 - October 4), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc.,
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