249 Cheltenham Rd

FOR SALE
$1,498,000
249 Cheltenham Rd, Burlington
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
249 Cheltenham Rd
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3 + 2
BEDROOMS
3
BATHROOMS
1
KITCHENS
5 + 3
ROOMS
W9510421
MLSID
Contact Us
Property Description
A Rare Opportunity for Discerning Buyers! Nestled in the desirable Elizabeth Gardens and backing onto a forest, this raised bungalow offers modern open concept living. Originally a 3-bedroom layout on the upper level, it has been thoughtfully converted to 2 spacious bedrooms with an ensuite, additional 2 bedrooms on the lower level with large windows. Situated on a pie-shaped lot with a double driveway, this open concept home provides ample space. The custom kitchen boasts exquisite millwork, an 8' island, a built-in JennAir fridge, and top-of-the-line appliances, perfect for any chef. The primary ensuite features a luxurious curb-free shower and a standalone tub for ultimate relaxation. You'll find heated floors in the lower bathroom and designer laundry room for added comfort. Other highlights include engineered hardwood flooring, marble tiles, and a soundproofed family room and bathroom ,electric fireplace . Step outside to a beautifully lit backyard backing onto the woods, three patio sections designed with stone pavers, surrounded by perennial gardens, irrigation, gas hookups, and full electrical access ideal for entertaining and outdoor living. Conveniently located within walking distance to two elementary schools, a new community centre, and the new upcoming Burloak Costco. Shows a 10++
Property Features
Fenced Yard, Level, Park, Public Transit, School, Wooded/Treed
Property Details
Community
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1100-1500
Lot Size
54' x 116'
Acreage
< .50
Lot Irregularities
Pie Shaped 121 Ft. North, 68.5 Ft. Rear
Fronting
East
Taxes
$5,481 (2024)
Basement
Finished
Exterior
Brick, Shingle
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain22.34' x 23.59'Open Concept, Combined W/Dining, Hardwood Floor
DiningMain22.34' x 23.56'Open Concept, Combined W/Living, Hardwood Floor
KitchenMain9.94' x 14.76'Centre Island, Ceramic Back Splash, Hardwood Floor
Prim BdrmMain12.93' x 14.07'4 Pc Ensuite, W/W Closet, Hardwood Floor
BrMain8.46' x 10.37'W/W Closet, Hardwood Floor
RecLower10.53' x 22.01'Electric Fireplace, Above Grade Window, Hardwood Floor
BrLower10.60' x 16.14'Above Grade Window, B/I Closet, Hardwood Floor
BrLower9.51' x 13.62'Above Grade Window, Closet, Hardwood Floor
LaundryLower9.51' x 19.69'Pot Lights, Finished, Ceramic Floor
Burlington Market Statistics
Burlington Price Trend
249 Cheltenham Rd is a 3-bedroom 3-bathroom home listed for sale at $1,498,000, which is $353,322 (30.9%) higher than the average sold price of $1,144,678 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in Burlington declined by $110,649 (8.8%) compared to the previous 30 day period (September 1 - September 30) and down $111,780 (8.9%) from the same time one year ago.
Inventory Change
There were 117 3-bedroom homes listed in Burlington over the last 30 days (October 1 - October 30), which is up 0.9% compared with the previous 30 day period (September 1 - September 30) and up 5.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Burlington typically sold ($28,306) (2.5%) below asking price over the last 30 days (October 1 - October 30), which represents a $16,085 increase compared to the previous 30 day period (September 1 - September 30) and ($25,382) 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 3-bedroom homes in Burlington over the last 30 days (October 1 - October 30) stood at 74.4%, up from 47.4% over the previous 30 days (September 1 - September 30) and up from 45.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Burlington stood at 29 days when successfully sold over the last 30 days (October 1 - October 30), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Gowest Realty Ltd.
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