1567 Newlands Cres

Palmer, Burlington, L7M 1P1
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1567 Newlands Cres, Burlington
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
8
ROOMS
W8312466
MLSID
Contact Us
Property Description
This amazing 3+1 bed raised bungalow is located in the lovely family-friendly community of Palmer, which is close to all amenities... is school, parks, walking trail, shopping, etc This gorgeous modern, neutral decor home has been completely upgraded and features fabulous open concept living on both floors, laminate flooring throughout, newer kitchen with white perimeter cabinetry, charcoal center island quartz counters, modern pendant lighting above the island, gas stove, S/S appliances, and pot lights, new bedroom vanities/tile decor fixtures, lighting BBQ gas hook up in backyard. The main floor is a flex space that can be an extra living/ family room, rec room, kids play room, home office, workout room/ gym etc...endless possibilities. This ones a beauty folks.... come see for yourself!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-08-28 2020-09-16 19 $739,000 $715,000 Sold
Nearby Intersections
Property Details
Community
Property Type
Semi-Detached, Bungalow-Raised
Approximate Sq.Ft.
1500-2000
Lot Size
40' x 142'
Fronting
West
Taxes
$3,653 (2023)
Basement
Other
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
FamilyMain11.58' x 21.88'Laminate, Open Concept, W/O To Deck
DenMain8.99' x 9.28'Laminate, Window
Living2nd10.30' x 21.49'Laminate, B/I Bookcase, Pot Lights
Dining2nd10.40' x 12.80'Laminate, Open Concept
Kitchen2nd8.69' x 14.50'Laminate, Centre Island, Quartz Counter
Prim Bdrm2nd11.02' x 11.12'Laminate, Closet, Window
2nd Br2nd8.60' x 10.20'Laminate, Closet, Window
3rd Br2nd9.28' x 11.02'Laminate, Closet, Window
Burlington Market Statistics
Burlington Price Trend
1567 Newlands Cres is a 3-bedroom 2-bathroom home listed for sale at $899,999, which is $475,942 (34.6%) lower than the average sold price of $1,375,941 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in Burlington increased by $152,172 (12.4%) compared to the previous 30 day period (March 15 - April 13) and up $120,929 (9.6%) from the same time one year ago.
Inventory Change
There were 150 3-bedroom homes listed in Burlington over the last 30 days (April 14 - May 13), which is up 89.9% compared with the previous 30 day period (March 15 - April 13) and up 28.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Burlington typically sold ($3,219) (0.2%) below asking price over the last 30 days (April 14 - May 13), which represents a $14,560 decrease compared to the previous 30 day period (March 15 - April 13) and $30,707 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 (April 14 - May 13) stood at 63.3%, down from 113.9% over the previous 30 days (March 15 - April 13) and down from 97.4% 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 9 days when successfully sold over the last 30 days (April 14 - May 13), compared to 41 days before being removed from the market upon being suspended or terminated.
Listing contracted with Search Realty
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