1116 Homewood Dr 1
Mountainside, Burlington, L7P 2M2
FOR SALE
$565,000
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2
BEDROOMS2
BATHROOMS1
KITCHENS4 + 2
ROOMSW9383166
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Property Description
Welcome to #1-1116 Homewood Drive, a charming 2-bedroom, 2-bath townhouse in Burlington's desirable Mountainside neighborhood. This end-unit offers approximately 1,273 sq. ft. of thoughtfully designed finished living space, ideal for first-time buyers, downsizers, or investors. The bright and inviting living area flows into the kitchen, which features a cozy breakfast nook and a sliding door walk-out to the fully fenced backyard perfect for outdoor dining or gardening. The newly remodeled basement provides extra living space, ideal for a recreation room, family room, or home office. It also includes a 3-piece bath and laundry area. Upstairs, you'll find two well-sized bedrooms, along with a spacious 4-pc bathroom. With two dedicated parking spaces and easy access to parks, schools, shopping, restaurants, downtown Burlington, and highways, this home offers the perfect blend of quiet suburban living and city convenience.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2022-06-08 | 2022-06-28 | 21 | $575,000 | $565,000 | Sold |
Property Features
Beach, Fenced Yard, Golf, Hospital, Lake/Pond, Park
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Property Details
Street
Community
City
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
800-899
Taxes
$1,910 (2024)
Basement
Finished, Full
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Exclusive
Parking 2
Exclusive
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 10.07' x 14.24' | |
Living | Main | 10.60' x 14.24' | |
Prim Bdrm | 2nd | 9.42' x 12.40' | |
2nd Br | 2nd | 8.17' x 11.09' | |
Bathroom | 2nd | 6.92' x 7.15' | |
Rec | Bsmt | 12.93' x 13.75' | |
Bathroom | Bsmt | 6.00' x 6.92' | |
Laundry | Bsmt | 3.31' x 14.17' |
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Burlington Market Statistics
Burlington Price Trend
1116 Homewood Dr 1 is a 2-bedroom 2-bathroom townhome listed for sale at $565,000, which is $207,076 (26.8%) lower than the average sold price of $772,076 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 2 bedroom townhome in Burlington declined by $683 (0.1%) compared to the previous 30 day period (September 22 - October 21) and up $20,190 (2.7%) from the same time one year ago.Inventory Change
There were 21 2-bedroom townhomes listed in Burlington over the last 30 days (October 22 - November 20), which is down 12.5% compared with the previous 30 day period (September 22 - October 21) and up 75.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in Burlington typically sold ($6,330) (0.8%) below asking price over the last 30 days (October 22 - November 20), which represents a $1,964 decrease compared to the previous 30 day period (September 22 - October 21) and ($17,532) 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 townhomes in Burlington over the last 30 days (October 22 - November 20) stood at 61.9%, down from 112.5% over the previous 30 days (September 22 - October 21) and down from 125.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom townhome in Burlington stood at 20 days when successfully sold over the last 30 days (October 22 - November 20), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Burloak Real Estate Services
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