5247 SPRUCE Ave

FOR SALE
$1,460,000
5247 SPRUCE Ave, Burlington
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3 + 1
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
8 + 5
ROOMS
W11993176
MLSID
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Property Description
Professionally updated bungalow located on a beautifully landscaped and spacious lot (63ft x 115ft). Inside, find a bright open concept main floor with living room with custom paneling and a gas fireplace, dining area with sliding door for BBQ access, and a eat-in kitchen featuring an oversized island, Caesar Stone countertops, skylight and stainless steel appliances. Find rich hardwood flooring and California Shutters throughout the main level in addition to three well-sized bedrooms complete the main level, plus a separate 4-piece bath and 3-piece renovated primary ensuite. Fully finished lower level features a family room, wood burning stove, bedroom, kitchenette, and 3-piece bathroom. The lower level's separate entrance creates potential for an in-law or guest suite. The private backyard features a in-ground fibreglass salt water pool, patio, and greenspace. Don't miss your chance to make it yours!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-11-15 2024-12-02 17 $1,495,000 - Terminated
2024-05-11 2024-06-08 28 $1,599,999 - Terminated
2024-06-08 2024-07-11 33 $1,598,000 - Terminated
2024-11-15 2024-12-02 17 $1,495,000 - Terminated
2024-11-15 2024-12-02 17 $1,495,000 - Terminated
2024-10-08 2024-11-14 37 $1,499,900 - Terminated
2024-10-08 2024-11-14 37 $1,499,900 - Terminated
2024-09-04 2024-10-08 34 $1,549,000 - Terminated
2024-07-11 2024-09-04 55 $1,589,000 - Terminated
2024-06-08 2024-07-11 33 $1,598,000 - Terminated
2024-05-11 2024-06-08 28 $1,599,999 - Terminated
Property Features
Fenced Yard, Lake/Pond, Library, School
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
63' x 115'
Acreage
< .50
Lot Irregularities
63.15ft x 115.64ft / 67.13ft x 122.22ft
Fronting
West
Taxes
$5,169 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain12.17' x 16.24'
DiningMain7.35' x 10.33'
KitchenMain10.33' x 14.76'
Prim BdrmMain10.07' x 13.16'
BrMain9.25' x 12.01'
BrMain8.76' x 10.33'
BrBsmt10.33' x 14.57'
LivingBsmt12.66' x 35.76'
KitchenBsmt10.83' x 12.17'
Burlington Market Statistics
Burlington Price Trend
5247 SPRUCE Ave is a 3-bedroom 3-bathroom home listed for sale at $1,460,000, which is $297,382 (25.6%) higher than the average sold price of $1,162,618 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Burlington declined by $97,395 (7.7%) compared to the previous 30 day period (December 22 - January 20) and up $58,026 (5.3%) from the same time one year ago.
Inventory Change
There were 81 3-bedroom homes listed in Burlington over the last 30 days (January 21 - February 19), which is up 47.3% compared with the previous 30 day period (December 22 - January 20) and up 9.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Burlington typically sold ($29,519) (2.5%) below asking price over the last 30 days (January 21 - February 19), which represents a $2,968 decrease compared to the previous 30 day period (December 22 - January 20) and ($14,523) 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 (January 21 - February 19) stood at 67.9%, down from 69.1% over the previous 30 days (December 22 - January 20) and down from 87.8% 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 19 days when successfully sold over the last 30 days (January 21 - February 19), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc.,
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