340 Plains Rd E 512

FOR SALE
$699,000
340 Plains Rd E 512, Burlington
340 Plains Rd E 512
340 Plains Rd E 512
340 Plains Rd E 512
340 Plains Rd E 512
340 Plains Rd E 512
340 Plains Rd E 512
340 Plains Rd E 512
340 Plains Rd E 512
340 Plains Rd E 512
340 Plains Rd E 512
340 Plains Rd E 512
340 Plains Rd E 512
340 Plains Rd E 512
340 Plains Rd E 512
340 Plains Rd E 512
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
4
ROOMS
W9262845
MLSID
Contact Us
Property Description
Step inside to find bright, open spaces with high-end finishes, a sleek kitchen, and a spacious covered balcony for entertaining or relaxing. The master suite is a private retreat with a walk in closet and a stylish en-suite. Enjoy the convenience of nearby amenities, scenic parks, and vibrant local eateries. (5 mins to GO, 5 mins to Mall and 5 mins to Burlington waterfront/pier.) Dont miss your chance to call this your new home.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-21 2024-08-23 63 $724,900 - Terminated
2024-03-15 2024-06-20 100 $769,000 - Expired
Extras
BBQs Permitted, Exercise Room, Games Room, Party & Media Room, Roof Top Deck/Garden, Visitor & Bicycle Parking, Access to Sister Building & Common Areas.
Property Features
Hospital, Library, Place Of Worship, Public Transit, School, School Bus Route
Property Details
Street
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$3,101 (2023)
Basement
None
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Exclusive
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
KitchenMain11.32' x 11.84'
LivingMain12.76' x 11.75'
Prim BdrmMain19.26' x 11.09'W/I Closet
BathroomMain6.27' x 11.15'3 Pc Ensuite
2nd BrMain12.43' x 10.43'
BathroomMain5.51' x 8.17'4 Pc Bath
LaundryMain3.51' x 3.58'
Burlington Market Statistics
Burlington Price Trend
340 Plains Rd E 512 is a 2-bedroom 2-bathroom condo listed for sale at $699,000, which is $120,103 (14.7%) lower than the average sold price of $819,103 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 2 bedroom condo in Burlington declined by $645,363 (44.1%) compared to the previous 30 day period (July 22 - August 20) and up $177,515 (27.7%) from the same time one year ago.
Inventory Change
There were 51 2-bedroom condos listed in Burlington over the last 30 days (August 21 - September 19), which is up 37.8% compared with the previous 30 day period (July 22 - August 20) and up 50.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Burlington typically sold ($18,137) (2.2%) below asking price over the last 30 days (August 21 - September 19), which represents a $576 increase compared to the previous 30 day period (July 22 - August 20) and ($12,493) 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 (August 21 - September 19) stood at 56.9%, down from 81.1% over the previous 30 days (July 22 - August 20) and down from 102.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Burlington stood at 49 days when successfully sold over the last 30 days (August 21 - September 19), compared to 76 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc.,
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