5056 New St 15
Appleby, Burlington, L7L 1V1
FOR SALE
$1,195,000
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Property Description
The Perfect Balance of Elegance and Location! This 1700+ Sq. Ft. Bungaloft Is A True Must See and Very Rarely Offered. It Features Open Concept Living, A Main Floor Master With Ensuite, Beautiful Hardwood Flooring And A Designers Touch Throughout. Close To Appleby Go Station, Lake And Hwy With Amazing Amenities Just A Minutes Walk From Your Front Door. Quiet Oasis Backyard.
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Property Details
Street
Community
City
Property Type
Condo Townhouse, Bungaloft
Approximate Sq.Ft.
1600-1799
Taxes
$5,270 (2024)
Basement
Unfinished
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Built-In
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Burlington Market Statistics
Burlington Price Trend
5056 New St 15 is a 3-bedroom 3-bathroom townhome listed for sale at $1,195,000, which is $220,929 (22.7%) higher than the average sold price of $974,071 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 3 bedroom townhome in Burlington increased by $104,396 (12.0%) compared to the previous 30 day period (September 22 - October 21) and up $152,521 (18.6%) from the same time one year ago.Inventory Change
There were 58 3-bedroom townhomes listed in Burlington over the last 30 days (October 22 - November 20), which is up 38.1% compared with the previous 30 day period (September 22 - October 21) and up 34.9% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in Burlington typically sold ($15,224) (1.6%) below asking price over the last 30 days (October 22 - November 20), which represents a $5,468 increase compared to the previous 30 day period (September 22 - October 21) and ($16,354) 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 3-bedroom townhomes in Burlington over the last 30 days (October 22 - November 20) stood at 55.2%, down from 66.7% over the previous 30 days (September 22 - October 21) and up from 48.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom townhome in Burlington stood at 26 days when successfully sold over the last 30 days (October 22 - November 20), compared to 33 days before being removed from the market upon being suspended or terminated.Listing contracted with Psr
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