514 Markay Common

Brant, Burlington, L7S 0A6
FOR SALE
$2,469,500
514 Markay Common, Burlington
514 Markay Common
514 Markay Common
514 Markay Common
514 Markay Common
514 Markay Common
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4 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
9 + 2
ROOMS
W9767831
MLSID
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Property Description
Bellview by the lake, a small community of custom built homes on a private road in South Burlington. An exclusive pocket walking distance to the lake, lively waterfront & Joseph Brant Hospital. A Lifetime opportunity in a lakeside community. Markay Homes offers unrivaled quality include smooth ceilings throughout, extended interior doors, wrought iron pickets and carpet runner. Hardwood on main and upper hall with 5 1/4" baseboards. Upgraded gourmet kitchen with quartz countertop. Finished lower level suite with rec room, bedroom and 4 piece bathroom.
Property Features
Arts Centre, Hospital, Lake/Pond, Marina, Park, Public Transit
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
40' x 97'
Lot Irregularities
Front 40' x 21' Rear 52' Depth 97'
Fronting
North
Basement
Finished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
KitchenGround9.12' x 14.21'Quartz Counter, Stainless Steel Appl, B/I Appliances
BreakfastGround10.99' x 14.21'Combined W/Kitchen, Hardwood Floor, O/Looks Backyard
Great RmGround16.80' x 16.99'Hardwood Floor
DiningGround12.99' x 17.39'Hardwood Floor, Coffered Ceiling
Prim Bdrm2nd17.19' x 19.59'Broadloom, 5 Pc Bath, W/I Closet
2nd Br2nd11.61' x 15.81'Broadloom, 3 Pc Bath, W/I Closet
3rd Br2nd11.61' x 12.01'Broadloom, 5 Pc Bath
4th Br2nd11.61' x 12.01'Broadloom, 5 Pc Bath
Study2nd10.01' x 11.61'Hardwood Floor
RecBsmt16.50' x 16.99'Broadloom
BrBsmt13.12' x 13.29'Broadloom, Closet
Burlington Market Statistics
Burlington Price Trend
514 Markay Common is a 4-bedroom 5-bathroom home listed for sale at $2,469,500, which is $892,011 (56.5%) 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 5-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 Sotheby's International Realty Canada
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