4040 Upper Middle Rd 423

FOR SALE
$521,645
4040 Upper Middle Rd 423, Burlington
4040 Upper Middle Rd 423
4040 Upper Middle Rd 423
4040 Upper Middle Rd 423
4040 Upper Middle Rd 423
4040 Upper Middle Rd 423
4040 Upper Middle Rd 423
4040 Upper Middle Rd 423
4040 Upper Middle Rd 423
4040 Upper Middle Rd 423
4040 Upper Middle Rd 423
4040 Upper Middle Rd 423
4040 Upper Middle Rd 423
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
3
ROOMS
W8271394
MLSID
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Property Description
Stunning Brand New Park City Condo. 635 Sq. Ft One Bedroom With Upgrades. 10 FT. Coffered Ceilings. Located In The Heart Of Burlington! Minutes Away From Shopping, Restaurants, And Steps To Public Transit and Go Station. Geothermal Heating And Cooling. Upgraded Never Lived In. Being Sold By The Builder! 1 Parking And 1 Locker Included.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-10-30 2024-04-25 178 $521,645 - Terminated
Extras
Included: SS Fridge, SS Stove, SS Dishwasher, SS Microwave, Washer & Dryer.
Nearby Intersections
Property Features
Cul De Sac, Hospital, Park, Public Transit, Rec Centre, School
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$1,971 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Grnd Srce
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (A)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain10.60' x 16.50'Combined W/Dining, W/O To Balcony
KitchenMain7.84' x 10.76'Stainless Steel Appl, Granite Counter
Prim BdrmMain9.25' x 11.25'Semi Ensuite, Double Closet
Burlington Market Statistics
Burlington Price Trend
4040 Upper Middle Rd 423 is a 1-bedroom 1-bathroom condo listed for sale at $521,645, which is $72,201 (12.2%) lower than the average sold price of $593,846 in the last 30 days (April 6 - May 5). During the last 30 days the average sold price for a 1 bedroom condo in Burlington increased by $66,674 (12.6%) compared to the previous 30 day period (March 7 - April 5) and up $35,580 (6.4%) from the same time one year ago.
Inventory Change
There were 54 1-bedroom condos listed in Burlington over the last 30 days (April 6 - May 5), which is up 125.0% compared with the previous 30 day period (March 7 - April 5) and up 200.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Burlington typically sold ($11,616) (2.0%) below asking price over the last 30 days (April 6 - May 5), which represents a $42 increase compared to the previous 30 day period (March 7 - April 5) and ($14,976) more 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 1-bedroom condos in Burlington over the last 30 days (April 6 - May 5) stood at 55.6%, down from 120.8% over the previous 30 days (March 7 - April 5) and down from 116.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Burlington stood at 18 days when successfully sold over the last 30 days (April 6 - May 5), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Stonecastle Realty Group Inc.
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