242 Belvenia Rd
Shoreacres, Burlington, L7L 2G4
FOR SALE
$2,300,000
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Property Description
Welcome to this stunning custom-built home, nestled in the heart of the prestigious Shoreacres and the highly rated Nelson & Tuck school community in South Burlington. With 4,500 square feet of thoughtfully designed living space, this home offers exceptional attention to detail and a prime location. As you enter from the circular driveway through the double doors, you'll be greeted by a grand foyer with a circular staircase, setting the tone for elegance throughout. The main floor features separate living, dining, and family rooms, each with 9 ceilings and a bathroom with shower. The spacious kitchen is a chefs dream, featuring a large island, ample cabinets, quartz countertops, built-in appliances, gas stove and a walkout that overlooks a serene and private yard surrounded by towering trees. The great room, with vaulted ceilings and a cozy wood fireplace, is the perfect space for family gatherings. The second floor offers 4 spacious bedrooms with walk-in closets and ensuites, while the basement features a fully equipped yoga/gym studio, a home theater, an office/flex room with ample storage, and a separate walk-up entrance. This picturesque property is located across from Paletta Lakefront Park and trails, providing beautiful views and easy access to nature. With renovations throughout, including updated bathrooms, paint, new carpeting, light fixtures, pot lights, and an EV charger point in the garage, this home is move-in ready. Don't miss this rare opportunity to own a luxurious and private retreat in one of Burlington's most sought-after neighborhoods!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2021-06-24 | 2021-08-29 | 66 | $2,450,000 | - | Terminated |
Property Features
Beach, Golf, Hospital, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
75' x 130'
Acreage
< .50
Fronting
West
Taxes
$9,717 (2023)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 13.16' x 16.34' | |
Dining | Main | 19.52' x 12.86' | |
Kitchen | Main | 12.86' x 21.56' | |
Family | Main | 19.59' x 12.96' | Fireplace |
Bathroom | Main | 4.99' x 9.97' | 3 Pc Bath |
Prim Bdrm | 2nd | 14.14' x 21.59' | 3 Pc Ensuite, W/I Closet |
Bathroom | 2nd | 11.38' x 11.19' | 3 Pc Ensuite |
2nd Br | 2nd | 13.22' x 16.47' | 4 Pc Ensuite, Closet |
3rd Br | 2nd | 19.42' x 12.80' | Closet |
4th Br | 2nd | 16.34' x 12.83' | 4 Pc Ensuite, Closet |
Bathroom | 2nd | 10.40' x 9.38' | 4 Pc Ensuite |
Bathroom | Bsmt | 8.07' x 4.99' | 3 Pc Bath |
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Burlington Market Statistics
Burlington Price Trend
242 Belvenia Rd is a 4-bedroom 4-bathroom home listed for sale at $2,300,000, which is $722,511 (45.8%) higher 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 4-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 Keller Williams Edge Realty
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