3122 Michael Cres
Palmer, Burlington, L7M 1V4
FOR SALE
$1,039,000
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3 + 1
BEDROOMS2
BATHROOMS1
KITCHENS7 + 3
ROOMSW8484184
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Property Description
Beautiful home in desirable Palmer neighborhood! Ideal property offers perfect blend of modern convenience & classic charm. Prime Locale: Minutes from schools, trendy shops, gourmet restaurants, & parks. Vibrant community atmosphere having everything you need at your fingertips. Spacious Interior: 3+1 bedrooms & 2 full bathrooms, ample space for family & guests.Open floor plan creates seamless flow between living, dining, & kitchen areas, perfect for everyday living & gatherings. Modern Amenities: Updated kitchen featuring stainless steel appliances, granite countertops, lots of storage & walk out to cozy deck for morning coffee. Step outside to backyard, complete with landscaped garden, patio area, space for activities, summer barbecues or relaxing with a book. Highlights: Hardwood floors & pot lights on main floor, gas f/pin rec-rm, attached garage, & finished basement w/ extra living space or home office. Come see why this home is Simply perfect to create lasting memories!
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Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1100-1500
Lot Size
104' x 100'
Fronting
East
Taxes
$4,857 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.17' x 16.77' | Hardwood Floor |
| Dining | Main | 9.25' x 10.01' | Hardwood Floor |
| Kitchen | Main | 10.01' x 14.93' | Balcony, Hardwood Floor |
| Prim Bdrm | Main | 9.84' x 12.99' | Hardwood Floor |
| 2nd Br | Main | 8.92' x 11.84' | Hardwood Floor |
| 3rd Br | Main | 8.33' x 10.60' | Hardwood Floor |
| Bathroom | Main | 7.09' x 7.74' | 4 Pc Bath |
| Rec | Bsmt | 11.68' x 20.67' | |
| 4th Br | Bsmt | 10.99' x 18.50' | |
| Bathroom | Bsmt | 5.91' x 7.84' | 4 Pc Bath |
| Den | Bsmt | 8.99' x 9.25' | |
| Laundry | Bsmt | 9.58' x 13.42' |
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Burlington Market Statistics
Burlington Price Trend
3122 Michael Cres is a 3-bedroom 2-bathroom home listed for sale at $1,039,000, which is $181,538 (14.9%) lower than the average sold price of $1,220,538 in the last 30 days (June 6 - July 5). During the last 30 days the average sold price for a 3 bedroom home in Burlington declined by $7,776 (0.6%) compared to the previous 30 day period (May 7 - June 5) and up $8,710 (0.7%) from the same time one year ago.Inventory Change
There were 127 3-bedroom homes listed in Burlington over the last 30 days (June 6 - July 5), which is up 12.4% compared with the previous 30 day period (May 7 - June 5) and up 14.4% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Burlington typically sold ($29,327) (2.4%) below asking price over the last 30 days (June 6 - July 5), which represents a $14,983 decrease compared to the previous 30 day period (May 7 - June 5) and $2,141 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 (June 6 - July 5) stood at 60.6%, down from 74.3% over the previous 30 days (May 7 - June 5) and down from 106.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Burlington stood at 17 days when successfully sold over the last 30 days (June 6 - July 5), compared to 40 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Burloak Real Estate Services
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