527 Lorne St

Brant, Burlington, L7R 2T5
FOR SALE
$2,595,000
527 Lorne St, Burlington
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
527 Lorne St
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
8 + 3
ROOMS
W8099774
MLSID
Contact Us
Property Description
Brand new masterpiece w high-end feat & exceptional craftsmanship. Nestled in Central Burlington's lifestyle hub, this never-lived-in home is a walk to the lake, schools, parks & downtown amenities, plus easy access to hwys. Boasting large covered porches in front & rear. Inside, find a spacious home office, main floor laundry & mud room & 10' ceilings on main floor & 9' upstairs. Find custom cabinetry & 7" wide plank hardwood floors throughout. The chef's kitchen incl island w waterfall edge, butler's pantry, dovetailed/soft close drawers, quartz counters, breakfast bar & high-end SS appliances. The great rm w 14' ceiling & linear F/P plus walkout to a covered patio & fully fenced rear yard. Upstairs, the primary bedroom incl 2 closets w built-ins & luxurious ensuite w freestanding tub, custom glass shower, high-quality fixtures & quartz vanity tops. Move in ready!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-02-01 2024-02-29 28 $2,949,000 - Terminated
2021-05-17 2021-06-03 17 $899,900 $1,000,100 Sold
Property Details
Street
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
50' x 125'
Acreage
< .50
Fronting
North
Taxes
$1 (2023)
Basement
Full, Unfinished
Exterior
Stone, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
DiningMain10.79' x 12.11'
KitchenMain12.89' x 19.09'
LaundryMain7.71' x 8.30'
LivingMain9.09' x 12.80'
Prim Bdrm2nd12.89' x 18.01'
2nd Br2nd11.91' x 12.89'
3rd Br2nd12.50' x 10.10'
OtherBsmt30.09' x 31.10'
Cold/CantBsmt7.71' x 20.11'
UtilityBsmt9.61' x 20.51'
Burlington Market Statistics
Burlington Price Trend
527 Lorne St is a 3-bedroom 3-bathroom home listed for sale at $2,595,000, which is $1,295,864 (99.7%) higher than the average sold price of $1,299,136 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 3 bedroom home in Burlington increased by $86,920 (7.2%) compared to the previous 30 day period (February 27 - March 27) and up $60,726 (4.9%) from the same time one year ago.
Inventory Change
There were 112 3-bedroom homes listed in Burlington over the last 30 days (March 28 - April 26), which is up 27.3% compared with the previous 30 day period (February 27 - March 27) and up 2.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Burlington typically sold $5,028 (0.4%) above asking price over the last 30 days (March 28 - April 26), which represents a $8,593 increase compared to the previous 30 day period (February 27 - March 27) and $7,775 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 (March 28 - April 26) stood at 95.5%, up from 85.2% over the previous 30 days (February 27 - March 27) and down from 96.3% 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 7 days when successfully sold over the last 30 days (March 28 - April 26), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Burloak Real Estate Services
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