199 Penn Dr
Roseland, Burlington, L7N 2B6
FOR SALE
$2,199,000
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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 3350 square feet of family & entertainment enjoyment! 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. The 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. 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 plus a bonus room and 3 piece bathroom. The location and yard is one of a kind, siding onto Tuck Creek & Lakeshore Road 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. All this opportunity on a fabulous cul-de-sac with local traffic only, a short walk to Lake Ontario, parks and schools and a quick drive to all that Downtown Burlington has to offer, all amenities and all major highways!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-05-23 | 2024-09-11 | 111 | $2,390,000 | - | Terminated |
2024-05-23 | 2024-06-14 | 22 | $2,390,000 | - | Suspended |
2024-03-01 | 2024-05-23 | 83 | $2,390,000 | - | Terminated |
Property Features
Cul De Sac, Fenced Yard, Grnbelt/Conserv, Park, Place Of Worship, Public Transit
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Property Details
Street
Community
City
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
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 11.75' x 18.50' | |
Dining | Main | 11.61' x 11.75' | |
Kitchen | Main | 13.88' x 17.22' | |
Family | Main | 11.48' x 17.59' | |
Laundry | Main | 6.46' x 8.89' | |
Prim Bdrm | 2nd | 12.60' x 20.18' | 6 Pc Ensuite |
2nd Br | 2nd | 11.98' x 15.62' | |
3rd Br | 2nd | 9.81' x 15.49' | |
4th Br | 2nd | 12.60' x 20.18' | |
5th Br | 2nd | 9.84' x 9.88' | |
Rec | Bsmt | 24.77' x 32.19' | 3 Pc Bath |
Exercise | Bsmt | 12.04' x 12.86' |
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Burlington Market Statistics
Burlington Price Trend
199 Penn Dr is a 5-bedroom 4-bathroom home listed for sale at $2,199,000, which is $274,750 (11.1%) lower than the average sold price of $2,473,750 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 5 bedroom home in Burlington increased by $672,750 (37.4%) compared to the previous 30 day period (September 22 - October 21) and up $1,504,084 (155.1%) from the same time one year ago.Inventory Change
There were 8 5-bedroom homes listed in Burlington over the last 30 days (October 22 - November 20), which is down 33.3% compared with the previous 30 day period (September 22 - October 21) and down 46.7% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Burlington typically sold ($183,700) (7.4%) below asking price over the last 30 days (October 22 - November 20), which represents a $136,767 decrease compared to the previous 30 day period (September 22 - October 21) and ($79,666) 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 5-bedroom homes in Burlington over the last 30 days (October 22 - November 20) stood at 50.0%, up from 25.0% over the previous 30 days (September 22 - October 21) and up from 20.0% 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 37 days when successfully sold over the last 30 days (October 22 - November 20), compared to 73 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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