5127 Milburough Line
Rural Burlington, Burlington, L7P 0C6
FOR SALE
$2,499,999
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BEDROOMS1
BATHROOMS1
KITCHENS7 + 1
ROOMSW9514366
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Property Description
North Burlington property with over 20 acres and 412 feet of frontage in an area of secluded estate homes. Complete privacy yet only a short drive to town. Currently used as horse farm. This property includes a spacious 3 bedroom house, a second modular home with separate heat and septic, and several outbuildings, including a barn, stable, and detached garage. Several paddocks and a half-mile training track make this acreage perfect for equestrians or the hobby farmer. Take advantage of the multiple revenue streams or build your dream home or private family compound! The east side of the property is forested with nature trails to explore, all adjacent to protected conservation area.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-19 | 2024-10-31 | 73 | $2,599,999 | - | Terminated |
| 2024-05-07 | 2024-08-17 | 102 | $2,599,999 | - | Terminated |
| 2024-02-05 | 2024-05-10 | 95 | $2,799,900 | - | Terminated |
Property Features
Clear View, Grnbelt/Conserv, River/Stream, School Bus Route, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
412' x 2,200'
Acreage
10-24.99
Fronting
East
Taxes
$3,205 (2024)
Basement
Part Bsmt, Unfinished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
None
Water
Well
Parking Spaces
10
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 18.37' x 21.33' | |
| Dining | Main | 12.80' x 15.42' | |
| Kitchen | Main | 15.09' x 19.69' | |
| 4th Br | Main | 11.48' x 9.84' | |
| Prim Bdrm | 2nd | 14.11' x 21.33' | |
| 2nd Br | 2nd | 9.19' x 15.42' | |
| 3rd Br | 2nd | 9.19' x 15.09' |
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Burlington Market Statistics
Burlington Price Trend
5127 Milburough Line is a 4-bedroom 1-bathroom home listed for sale at $2,499,999, which is $922,510 (58.5%) higher than the average sold price of $1,577,489 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 4 bedroom home in Burlington declined by $225,197 (12.5%) compared to the previous 30 day period (September 22 - October 21) and up $64,841 (4.3%) from the same time one year ago.Inventory Change
There were 70 4-bedroom homes listed in Burlington over the last 30 days (October 22 - November 20), which is down 0.0% compared with the previous 30 day period (September 22 - October 21) and up 59.1% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Burlington typically sold ($67,116) (4.3%) below asking price over the last 30 days (October 22 - November 20), which represents a $4,423 decrease compared to the previous 30 day period (September 22 - October 21) and ($41,548) 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 4-bedroom homes in Burlington over the last 30 days (October 22 - November 20) stood at 67.1%, up from 65.7% over the previous 30 days (September 22 - October 21) and up from 61.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 1-bathroom home in Burlington stood at 27 days when successfully sold over the last 30 days (October 22 - November 20), compared to 49 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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