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 $2,397,336 (217.4%) higher than the average sold price of $1,102,664 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 3 bedroom home in Burlington declined by $119,836 (9.8%) compared to the previous 30 day period (September 22 - October 21) and down $127,324 (10.4%) from the same time one year ago.Inventory Change
There were 109 3-bedroom homes listed in Burlington over the last 30 days (October 22 - November 20), which is up 0.9% compared with the previous 30 day period (September 22 - October 21) and up 28.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Burlington typically sold ($20,752) (1.9%) below asking price over the last 30 days (October 22 - November 20), which represents a $16,228 increase compared to the previous 30 day period (September 22 - October 21) and ($37,565) 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 homes in Burlington over the last 30 days (October 22 - November 20) stood at 89.0%, up from 75.9% over the previous 30 days (September 22 - October 21) and up from 51.8% 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 32 days when successfully sold over the last 30 days (October 22 - November 20), compared to 40 days before being removed from the market upon being suspended or terminated.Listing contracted with World Class Realty Point
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