1284 Guelph Line 404

FOR SALE
$489,000
1284 Guelph Line 404, Burlington
1284 Guelph Line 404
1284 Guelph Line 404
1284 Guelph Line 404
1284 Guelph Line 404
1284 Guelph Line 404
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1284 Guelph Line 404
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4 + 1
ROOMS
W11961345
MLSID
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Property Description
Welcome to 1284 Guelph Line, Unit 404. Boasting 621 Sqft & 11 Feet ceilings, this condo is ideally located for first time investors & young families! Located right on Guelph Line. 2 Minute drive to the 403, 407 & nearby retail plazas, Minutes away from go station, This unit comes with 1 underground parking spot & 1 locker. Rooftop patio & party rooms available!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-10-29 2020-11-05 7 $399,000 $416,000 Sold
2020-09-08 2020-10-29 51 $459,000 - Terminated
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,396 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Fan Coil
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain12.27' x 15.98'Laminate, Combined W/Dining, Open Concept
KitchenMain12.27' x 15.98'Combined W/Living, Granite Counter, Stainless Steel Appl
DenMain12.27' x 15.98'Laminate, Plank Floor
Prim BdrmMain8.23' x 8.56'Laminate, Formal Rm, Overlook Patio
DiningMain9.48' x 14.17'Laminate, Closet
Burlington Market Statistics
Burlington Price Trend
1284 Guelph Line 404 is a 1-bedroom 1-bathroom condo listed for sale at $489,000, which is $19,800 (4.2%) higher than the average sold price of $469,200 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Burlington declined by $65,643 (12.3%) compared to the previous 30 day period (December 22 - January 20) and down $49,808 (9.6%) from the same time one year ago.
Inventory Change
There were 46 1-bedroom condos listed in Burlington over the last 30 days (January 21 - February 19), which is up 76.9% compared with the previous 30 day period (December 22 - January 20) and up 58.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Burlington typically sold ($7,320) (1.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $2,504 increase compared to the previous 30 day period (December 22 - January 20) and ($7,520) 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 1-bedroom condos in Burlington over the last 30 days (January 21 - February 19) stood at 21.7%, down from 61.5% over the previous 30 days (December 22 - January 20) and down from 58.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Burlington stood at 52 days when successfully sold over the last 30 days (January 21 - February 19), compared to 74 days before being removed from the market upon being suspended or terminated.
Listing contracted with Ipro Realty Ltd
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