224 Shoreacres Rd

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224 Shoreacres Rd, Burlington
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4 + 1
BEDROOMS
6
BATHROOMS
1
KITCHENS
11 + 3
ROOMS
W8293638
MLSID
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Property Description
Welcome to a realm of sophistication, where every detail is a testament to exquisite taste & uncompromising luxury. This custom-built home spans an impressive 6,372 square feet of living space, complete with *Private Elevator*, 5 bedrooms, 7 baths in total + 2 laundry rooms. Soaring 10' ceilings & carefully selected lighting fixtures create an inviting ambiance. The residence is offered fully furnished with beautiful, curated furniture from the Interior Design House. The heart of this home is an immaculate chef's kitchen equipped with top-of-the-line appliances, custom cabinetry, a large center island & walk-in pantry. Retreat to the expansive master suite with a dreamy walk-in closet & a spa-like ensuite bathroom complete with heated flooring. All the bedrooms have walk-in closets & private ensuite baths. Fully finished basement opens into a vast recreation hub, 5th bedroom with large walk-in closet & 4 piece bath. Backyard oasis with salt water pool, waterfall & covered patio with b/in BBQ.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-03-04 2024-05-01 58 $4,380,000 - Terminated
Extras
Additional 2 & 4piece bath in finished basement. Private main floor office, stunning formal dining room with adjoining severy. Easy access to garage thru convenient mud room b/i cabinets. Beautifully landscaped with irrigation system.
Property Features
Fenced Yard, Park
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
70' x 141'
Fronting
West
Taxes
$16,376 (2023)
Basement
Finished, Full
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Elevator
Yes
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
Great RmGround16.83' x 18.41'Hardwood Floor, 2 Way Fireplace, Pot Lights
DiningGround12.50' x 18.77'Formal Rm, Hardwood Floor
KitchenMain15.42' x 22.74'Hardwood Floor, Pantry, Centre Island
BreakfastMain12.17' x 19.32'Hardwood Floor, Open Concept, W/O To Pool
OfficeMain10.07' x 13.16'Hardwood Floor, B/I Bookcase, Pot Lights
MudroomMain7.68' x 8.01'W/O To Garage, B/I Shelves
2nd Br2nd12.66' x 18.34'Hardwood Floor, 3 Pc Ensuite, W/I Closet
3rd Br2nd13.42' x 14.24'Hardwood Floor, 4 Pc Ensuite, W/I Closet
4th Br2nd11.91' x 13.32'Hardwood Floor, 3 Pc Ensuite, W/I Closet
Laundry2nd9.32' x 10.99'Laundry Sink, B/I Closet, Window
RecBsmt17.85' x 52.00'Wet Bar, 2 Pc Bath, Fireplace
5th BrBsmt12.66' x 16.40'4 Pc Ensuite, W/I Closet, Pot Lights
Burlington Market Statistics
Burlington Price Trend
224 Shoreacres Rd is a 4-bedroom 6-bathroom home listed for sale at $3,950,000, which is $2,297,396 (139.0%) higher than the average sold price of $1,652,604 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 4 bedroom home in Burlington increased by $59,453 (3.7%) compared to the previous 30 day period (March 15 - April 13) and up $62,365 (3.9%) from the same time one year ago.
Inventory Change
There were 90 4-bedroom homes listed in Burlington over the last 30 days (April 14 - May 13), which is up 52.5% compared with the previous 30 day period (March 15 - April 13) and up 18.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Burlington typically sold ($23,050) (1.4%) below asking price over the last 30 days (April 14 - May 13), which represents a $12,619 decrease compared to the previous 30 day period (March 15 - April 13) and ($5,563) 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 4-bedroom homes in Burlington over the last 30 days (April 14 - May 13) stood at 53.3%, down from 100.0% over the previous 30 days (March 15 - April 13) and down from 80.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 6-bathroom home in Burlington stood at 11 days when successfully sold over the last 30 days (April 14 - May 13), compared to 56 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sotheby's International Realty Canada
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