4011 Lantern Lane

FOR SALE
$2,677,000
4011 Lantern Lane, Burlington
4011 Lantern Lane
4011 Lantern Lane
4011 Lantern Lane
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4011 Lantern Lane
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4 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
10 + 5
ROOMS
W12020225
MLSID
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Property Description
This 3184 Sq. Ft Plus 1775 Sq. Ft Finished Bsmt. Home Is Situated In A Private Court In The Prime Lakeshore Community Within Minutes To The Lake Amongst Multi Million Custom Built Homes, Having Pride Of Ownership Throughout, Manicured Grounds With A Large Deck For Family Gatherings, Open Concept Layout With An Almost Greenhouse Kitchen Bringing The Outdoors In With Sunshine Flooding In, Numerous Updates, Renovated Kitchen with Granite Countertops And Center Island, Ample Cupboard Space. Open To A Large Family Room With Built In Cabinetry And Feature Walls, Numerous Floor To Ceiling Windows, Newer S.S. Appliances, Unique 2nd Floor Loft (Bedroom) With Slanted Ceilings, Open Concept Bsmt With Kitchenette For Convenient Entertaining. Some Room Left For Your Own Personal Touches. Immaculate Move In Condition. Shows 10+++. **EXTRAS** Ent-To Garage. Main Floor Den. Hardwood Floors And Smooth Ceilings Throughout, Interlocked Driveway, No Sidewalk, Renovated Kitchen, Formal Dining Room. Open Concept Layout.
Property Features
Cul De Sac, Fenced Yard, Park, Public Transit, School
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
63' x 123'
Fronting
North
Taxes
$12,404 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain19.42' x 14.04'Hardwood Floor, Bay Window, Open Concept
DiningMain15.88' x 14.04'Hardwood Floor, Large Window, Open Concept
KitchenMain9.22' x 16.40'Ceramic Floor, Stainless Steel Appl, Backsplash
BreakfastMain8.66' x 16.40'Ceramic Floor, W/O To Deck, Pot Lights
OfficeMain11.12' x 9.71'Hardwood Floor, Window, Pot Lights
FamilyMain18.18' x 18.90'Hardwood Floor, Fireplace, Pot Lights
Prim Bdrm2nd12.93' x 18.73'Hardwood Floor, 5 Pc Ensuite, W/I Closet
2nd Br2nd10.83' x 10.93'Hardwood Floor, Window, Closet
3rd Br2nd10.27' x 13.16'Hardwood Floor, Window, Closet
4th Br2nd25.46' x 11.91'Hardwood Floor, Window, Closet
RecBsmt33.83' x 13.98'Hardwood Floor, Window, Pot Lights
Burlington Market Statistics
Burlington Price Trend
4011 Lantern Lane is a 4-bedroom 4-bathroom home listed for sale at $2,677,000, which is $1,167,527 (77.3%) higher than the average sold price of $1,509,473 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Burlington declined by $406,703 (21.2%) compared to the previous 30 day period (December 22 - January 20) and down $75,755 (4.8%) from the same time one year ago.
Inventory Change
There were 52 4-bedroom homes listed in Burlington over the last 30 days (January 21 - February 19), which is up 57.6% compared with the previous 30 day period (December 22 - January 20) and up 8.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Burlington typically sold ($67,178) (4.5%) below asking price over the last 30 days (January 21 - February 19), which represents a $67,657 increase compared to the previous 30 day period (December 22 - January 20) and ($53,065) 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 (January 21 - February 19) stood at 36.5%, down from 51.5% over the previous 30 days (December 22 - January 20) and down from 72.9% 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 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Premier Inc.
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