2381 Lakeshore Rd

FOR SALE
$1,349,000
2381 Lakeshore Rd, Burlington
2381 Lakeshore Rd
2381 Lakeshore Rd
2381 Lakeshore Rd
2381 Lakeshore Rd
2381 Lakeshore Rd
2381 Lakeshore Rd
2381 Lakeshore Rd
2381 Lakeshore Rd
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4 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
9 + 3
ROOMS
W8466700
MLSID
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Property Description
*TO BE BUILT - LOT AND DESIGN PLANS ONLY* Build your dream home on one of the most coveted streets in Burlington in desirable Roseland neighbourhood just minutes from downtown Burlington and Port Nelson Park on the waterfront. The preliminary steps have been done for you. Pre building approval near complete with City of Burlington - final step is to apply for building permit. Includes design plans for a 4320 sq.ft. 2.5 storey detached home PLUS 1845 sq.ft. 1 bedroom in law suite with separate entrance in basement. Surrounded by mature trees to maintain privacy, with tree protection fencing already in place. Ready to start your dream project? This is the location you have been waiting for! Price is for property and design plans only.
Extras
Serious inquiries
Property Details
Community
Property Type
Detached, 2 1/2 Storey
Lot Size
49' x 134'
Acreage
< .50
Fronting
North
Basement
Full, Walk-Up
Exterior
Brick, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Burlington Market Statistics
Burlington Price Trend
2381 Lakeshore Rd is a 4-bedroom 5-bathroom home listed for sale at $1,349,000, which is $228,489 (14.5%) lower than the average sold price of $1,577,489 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 4 bedroom home in Burlington declined by $225,197 (12.5%) compared to the previous 30 day period (September 22 - October 21) and up $64,841 (4.3%) from the same time one year ago.
Inventory Change
There were 70 4-bedroom homes listed in Burlington over the last 30 days (October 22 - November 20), which is down 0.0% compared with the previous 30 day period (September 22 - October 21) and up 59.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Burlington typically sold ($67,116) (4.3%) below asking price over the last 30 days (October 22 - November 20), which represents a $4,423 decrease compared to the previous 30 day period (September 22 - October 21) and ($41,548) 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 (October 22 - November 20) stood at 67.1%, up from 65.7% over the previous 30 days (September 22 - October 21) and up from 61.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Burlington stood at 27 days when successfully sold over the last 30 days (October 22 - November 20), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sotheby's International Realty Canada
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