199 Penn Dr

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199 Penn Dr, Burlington
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5
BEDROOMS
4
BATHROOMS
1
KITCHENS
10
ROOMS
W8107498
MLSID
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Property Description
"EXCEPTIONAL 5 bedroom, 3.5 bathroom on a quiet cul de sac in South Burlington's esteemed Roseland community, offering over 2300 of square feet plus a fully finished basement! The home follows a traditional floor plan with the living room sitting just off of the spacious foyer, the eat-in kitchen features an abundance of cupboard space, granite countertops and a walk out to the large backyard. The formal dining room and cozy family room featuring wainscoting and a gas fireplace sit just off the kitchen. The main floor is complete with a 2-piece powder room and laundry room. Upstairs features a rare opportunity of 5 FULL bedrooms, the primary suite offers a gas fireplace, 2 skylights, walk-in closet and a 6-piece ensuite all ready to be customized. The lower level is fully finished with a rustic brick feature wall, gas fireplace and an English pub style wet bar perfect for those who are looking to entertain friends and family!
Extras
The location and yard is one of a kind, siding onto Tuck creek offering the property a vast amount of privacy with sun all day, the large grass area and wood deck is the perfect blank slate to make it your own.
Property Features
Cul De Sac, Fenced Yard, Grnbelt/Conserv, Park, Place Of Worship, Public Transit
Property Details
Street
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
76' x 150'
Acreage
< .50
Fronting
South
Taxes
$8,537 (2023)
Basement
Finished, Full
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain11.75' x 18.50'
DiningMain11.61' x 11.75'
KitchenMain13.88' x 17.22'
FamilyMain11.48' x 17.59'
LaundryMain6.46' x 8.89'
Prim Bdrm2nd12.60' x 20.18'6 Pc Ensuite
2nd Br2nd11.98' x 15.62'
3rd Br2nd9.81' x 15.49'
4th Br2nd12.60' x 20.18'
5th Br2nd9.84' x 9.88'
RecBsmt24.77' x 32.19'3 Pc Bath
ExerciseBsmt12.04' x 12.86'
Burlington Market Statistics
Burlington Price Trend
199 Penn Dr is a 5-bedroom 4-bathroom home listed for sale at $2,499,000, which is $25,285 (1.0%) lower than the average sold price of $2,524,285 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 5 bedroom home in Burlington increased by $881,285 (53.6%) compared to the previous 30 day period (February 27 - March 27) and up $1,180,312 (87.8%) from the same time one year ago.
Inventory Change
There were 12 5-bedroom homes listed in Burlington over the last 30 days (March 28 - April 26), which is down 0.0% compared with the previous 30 day period (February 27 - March 27) and up 140.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Burlington typically sold ($74,671) (3.0%) below asking price over the last 30 days (March 28 - April 26), which represents a $182,691 decrease compared to the previous 30 day period (February 27 - March 27) and ($97,254) 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 5-bedroom homes in Burlington over the last 30 days (March 28 - April 26) stood at 58.3%, up from 41.7% over the previous 30 days (February 27 - March 27) and down from 140.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Burlington stood at 24 days when successfully sold over the last 30 days (March 28 - April 26), compared to 74 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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