5114 Mount Nemo Cres
Uptown, Burlington, L7M 0T6
FOR SALE
$3,500,000
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3 + 1
BEDROOMS3
BATHROOMS1
KITCHENS12 + 5
ROOMSW9416883
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Property Description
This Incredible Bungalow Offers A Tranquil Escape, A Stone's Throw Away From The Bustling Urban in the desirable Rural Burlington surrounded by other multi million dollar estates. 3,400 Sqft of Finished Living Space, A Fantastic Sitting Room with A Feature Stone Wall Fireplace and Vaulted Ceiling, The Eat-In Kitchen Has A Stunning View Overlooking The Palatial Manicured Grounds With Direct Access To The Two-Tiered Deck, Resort-like Saltwater Pool Retreat and Hot Tub.Generously Sized Rooms and Ample Storage. Mature tree Lined Lot, 3.26 acres of lush green gardens. 3-Car Garage and Huge Driveway Provides Ample Parking for Friends & Family. The Separate 4-Car Workshop with wi-fi enabled Garage Door Opener to Accommodate A Full-Size Truck and much more. Access to the scenic Bruce Trail Steps Away from The Estate.The Perfect Blend of Natural Beauty and Urban Conveniences. Dont Miss This Gem!!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-05-31 | 2021-08-08 | 72 | $2,550,000 | $2,350,000 | Sold |
Property Features
Electric Car Charger, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
3000-3500
Lot Size
476' x 209'
Acreage
2-4.99
Fronting
West
Taxes
$9,655 (2024)
Basement
Fin W/O, W/O
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Pool
Inground
Parking Spaces
8
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Ground | 11.42' x 13.68' | |
| Sitting | Ground | 12.76' x 17.59' | |
| Foyer | Ground | 5.84' x 14.17' | |
| Kitchen | Ground | 10.01' x 13.42' | |
| Laundry | Ground | 5.68' x 6.27' | |
| Prim Bdrm | Ground | 11.75' x 17.32' | |
| Bathroom | Ground | 11.58' x 14.99' | |
| Br | Ground | 12.34' x 12.66' | |
| 2nd Br | Ground | 11.52' x 14.01' | |
| Bathroom | Ground | 7.68' x 13.32' | |
| 4th Br | Bsmt | 10.83' x 16.24' | |
| Bathroom | Bsmt | 9.84' x 13.42' |
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Burlington Market Statistics
Burlington Price Trend
5114 Mount Nemo Cres is a 3-bedroom 3-bathroom home listed for sale at $3,500,000, which is $2,356,765 (206.1%) higher than the average sold price of $1,143,235 in the last 30 days (October 2 - October 31). During the last 30 days the average sold price for a 3 bedroom home in Burlington declined by $91,001 (7.4%) compared to the previous 30 day period (September 2 - October 1) and down $116,774 (9.3%) from the same time one year ago.Inventory Change
There were 118 3-bedroom homes listed in Burlington over the last 30 days (October 2 - October 31), which is down 0.8% compared with the previous 30 day period (September 2 - October 1) and up 4.4% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Burlington typically sold ($29,656) (2.6%) below asking price over the last 30 days (October 2 - October 31), which represents a $13,617 increase compared to the previous 30 day period (September 2 - October 1) and ($26,981) 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 3-bedroom homes in Burlington over the last 30 days (October 2 - October 31) stood at 73.7%, up from 46.2% over the previous 30 days (September 2 - October 1) and up from 47.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Burlington stood at 29 days when successfully sold over the last 30 days (October 2 - October 31), compared to 36 days before being removed from the market upon being suspended or terminated.Listing contracted with World Class Realty Point
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Welcome to your paradise in the city! Over a 1/2 acre of stunning, waterfront property. Want to go for a paddle or boat ride? Launch right from your backyard & off you go. The home is an entertainers dream, offering a large open concept main floor living area with unobstructed views of the pool & lake. The kitchen has Jenn Air appliances including an oversized fridge, 2 wall ovens, an induction cooktop & beverage fridge. The massive island seats 5 & the adjoining dining room has plenty of room for a crowd. Imagine preparing meals while looking out over the lake! The living room has custom built-ins and a gas fireplace with stone surround. On the main floor there are 3 bedrooms, one with a 2-piece ensuite & one is currently being used as an office. The updated main bath has heated floors, floating vanity & a large glass shower. Head up the custom staircase to the second-floor primary suite & you'll enjoy panoramic views of the backyard & lake through the wall of windows & private balcony - not to mention the 2 walls of clothes storage & updated ensuite. The walkout lower level features a sunken family/theatre room, wet bar, 3-piece bath, bedroom, HUGE laundry room, sunroom, & 2 more rooms that could be used as a gym or games room. The piece de resistance is the private back yard. Its fully landscaped with beautiful stonework, terraced gardens, 2 gazebos, swimming pool & direct access to the lake. The sellers are even including the boat lift and dock! RSA.
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