5129 Mount Nemo Cres
Rural Burlington, Burlington, L7M 0T7
FOR SALE
$1,699,900
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Property Description
Discover this fabulous 4-level backsplit nestled on a tranquil crescent in North Burlington. Boasting 4 spacious bedrooms, 3 bathrooms, and a bright, open-concept layout perfect for family living. Featuring a beautiful eat-in kitchen with a walk-in pantry, a family room with a cozy fireplace, and a primary bedroom retreat with a 4-piece ensuite and walk-in closet. The basement contains a recreation room, 4th bedroom, & a separate entrance to the backyard. This property is beautifully landscaped, with natural stone walkways, lush gardens, and a wrap-around porch creating a serene outdoor space to unwind. A bonus 711sqft coach house located at the back of the property would be perfect for a home-based business, theater room, gym, or creative studio. Updates include: 3-piece bathroom (2024), boiler (2024), lower level custom built-in closets (2024), fridge & microwave (2024), kitchen renovation (2022), stove (2022), new well pump (2022), new well tank (2022), new septic pump (2022).
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Extras
Updates incl: 3-piece bathroom (2024), on demand water heater (2024), lower level custom built-in closets (2024),fridge & microwave (2024), kitchen reno (2022), stove (2022), new well pump (2022), new welltank (2022), new septic pump (2022)
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Property Details
Street
Community
City
Property Type
Detached, Backsplit 4
Approximate Sq.Ft.
1500-2000
Lot Size
100' x 200'
Acreage
< .50
Fronting
East
Taxes
$6,137 (2024)
Basement
Fin W/O, Full
Exterior
Stone
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 14.01' x 11.78' | Eat-In Kitchen, Pantry |
Living | Main | 11.98' x 16.99' | W/O To Yard |
Family | 2nd | 23.43' x 16.54' | Fireplace |
Br | 2nd | 13.06' x 9.68' | |
Laundry | 2nd | 9.28' x 5.58' | |
Prim Bdrm | 3rd | 13.32' x 12.99' | W/I Closet |
Br | 3rd | 11.35' x 8.43' | |
Rec | Bsmt | 15.94' x 12.04' | |
Br | Bsmt | 8.92' x 13.09' |
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Burlington Market Statistics
Burlington Price Trend
5129 Mount Nemo Cres is a 3-bedroom 3-bathroom home listed for sale at $1,699,900, which is $597,236 (54.2%) 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 Sutton Group - Summit Realty Inc.
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