464 Elizabeth St
Brant, Burlington, L7R 2M2
FOR SALE
$2,400,000
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5
BEDROOMS6
BATHROOMS6
KITCHENS12
ROOMSW8258674
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Property Description
Rarely Available Purpose Built 6 Plex In Downtown Burlington, Just 300M From Waterfront. Five 1Br's, One Bachelor. Three Renovated Units ( SS Appliances, New Floors, New Cabinets/Counters, New Lights), Separate Hydro Meters ( Tenants Pay Their Own), 4 Parking Spots In the Back. On The Corner Of James St, Surrounded By Several Developments And Has Potential For Land Assembly. Low Maintenance Building With Upside And Attractive Assumable Mortgage Available at 3.75%. Full Package With Financial Information Available Through Listing Agent. Please Email Sofias@Royallepage.Ca
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Extras
Inclusions To Be Delivered To Buyer Upon Accepted Offer. Full Package With Financial Information Available Through Listing Agent. Please Email Sofias@Royallepage.Ca
Nearby Intersections
Lakeshore & Brant (43)
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Property Details
Street
Community
City
Property Type
Multiplex, 2 1/2 Storey
Lot Size
33' x 133'
Lot Irregularities
Brant/James St
Fronting
South
Taxes
$7,296 (2023)
Basement
None
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Burlington Market Statistics
Burlington Price Trend
464 Elizabeth St is a 5-bedroom 6-bathroom home listed for sale at $2,400,000, which is $37,556 (1.6%) higher than the average sold price of $2,362,444 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 5 bedroom home in Burlington increased by $867,444 (58.0%) compared to the previous 30 day period (March 4 - April 2) and up $1,018,471 (75.8%) from the same time one year ago.Inventory Change
There were 10 5-bedroom homes listed in Burlington over the last 30 days (April 3 - May 2), which is up 25.0% compared with the previous 30 day period (March 4 - April 2) and up 233.3% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Burlington typically sold ($102,177) (4.3%) below asking price over the last 30 days (April 3 - May 2), which represents a $130,934 decrease compared to the previous 30 day period (March 4 - April 2) and ($97,254) 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 5-bedroom homes in Burlington over the last 30 days (April 3 - May 2) stood at 90.0%, up from 87.5% over the previous 30 days (March 4 - April 2) and down from 233.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 6-bathroom home in Burlington stood at 35 days when successfully sold over the last 30 days (April 3 - May 2), compared to 76 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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