2411 New St 502
Brant, Burlington, L7R 1K2
FOR SALE
$429,990
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Property Description
Welcome to this charming & spacious 2 Bedroom condo In South Burlington which is perfect for first-time buyers, investors or downsizers! Open Concept living with a Generous Sized Living/Dining and an eat in kitchen. Walk out to your Large Balcony that has breathtaking views of Burlington. Situated just a short distance away from Downtown Burlington, easy highway access, close to shops, restaurants, amenities, library, YMCA, senior centre & public transit. The Condo also includes in-suite clothes washing machine and parking spot. Status Certificate is on hand.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-19 | 2024-04-21 | 33 | $429,990 | - | Terminated |
Extras
Close to QEW, HWY 5, Burlington Go Transit, the Lake Downthon Burlington, Parks, Ymca, Shopping, Restaurants & more. 1 Parking Spot (Ground). Owners currently have a locker. Lockers are provided by the condo board on an available basis.
Property Features
Clear View, Hospital, Library, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$689 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Window Unit
Parking Spaces
1
Parking 1
Exclusive
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 8.40' x 7.81' | Open Concept, Modern Kitchen, Eat-In Kitchen |
| Living | Main | 20.70' x 11.98' | W/O To Balcony, Combined W/Dining, Open Concept |
| Dining | Main | 6.50' x 8.30' | W/O To Balcony, Combined W/Living, Open Concept |
| Prim Bdrm | Main | 14.90' x 11.32' | Closet, Window |
| Br | Main | 14.90' x 8.96' | Closet, Window |
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Burlington Market Statistics
Burlington Price Trend
2411 New St 502 is a 2-bedroom 1-bathroom condo listed for sale at $429,990, which is $209,712 (32.8%) lower than the average sold price of $639,702 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 2 bedroom condo in Burlington declined by $49,959 (7.2%) compared to the previous 30 day period (March 4 - April 2) and down $60,245 (8.6%) from the same time one year ago.Inventory Change
There were 90 2-bedroom condos listed in Burlington over the last 30 days (April 3 - May 2), which is up 114.3% compared with the previous 30 day period (March 4 - April 2) and up 76.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Burlington typically sold ($7,274) (1.1%) below asking price over the last 30 days (April 3 - May 2), which represents a $6,299 increase compared to the previous 30 day period (March 4 - April 2) and ($4,182) 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 2-bedroom condos in Burlington over the last 30 days (April 3 - May 2) stood at 52.2%, down from 81.0% over the previous 30 days (March 4 - April 2) and down from 82.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Burlington stood at 18 days when successfully sold over the last 30 days (April 3 - May 2), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Professionals Inc.
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