5369 Spruce Ave

FOR SALE
$1,099,000
5369 Spruce Ave, Burlington
5369 Spruce Ave
5369 Spruce Ave
5369 Spruce Ave
5369 Spruce Ave
5369 Spruce Ave
5369 Spruce Ave
5369 Spruce Ave
5369 Spruce Ave
5369 Spruce Ave
5369 Spruce Ave
5369 Spruce Ave
5369 Spruce Ave
5369 Spruce Ave
5369 Spruce Ave
5369 Spruce Ave
5369 Spruce Ave
5369 Spruce Ave
5369 Spruce Ave
5369 Spruce Ave
5369 Spruce Ave
5369 Spruce Ave
5369 Spruce Ave
5369 Spruce Ave
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3 + 2
BEDROOMS
2
BATHROOMS
1
KITCHENS
7 + 7
ROOMS
W9512810
MLSID
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Property Description
Welcome to 5369 Spruce Avenue! Functionality and location are key! This 3+2 bdrm bungalow with double detached garage, has a basement that would convert to an in-law/income suite with ease! Nestled in a well-established Southeast Burlington community, you are walking distance to shopping, parks and the waterfront. Private, fully fenced backyard with deck. Finished basement has a separate entrance with two bedrooms, rec room, 3pc bathroom and lots of storage space!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-15 2024-09-15 92 $1,168,000 - Terminated
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
60' x 105'
Fronting
North
Taxes
$5,169 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain12.70' x 16.67'Bay Window, Hardwood Floor, Open Concept
KitchenMain10.53' x 8.30'W/O To Deck, Combined W/Dining, Hardwood Floor
DiningMain10.53' x 8.96'Hardwood Floor, Combined W/Kitchen
Prim BdrmMain10.53' x 11.58'Hardwood Floor, Closet
2nd BrMain11.65' x 7.87'Hardwood Floor, Closet
3rd BrMain8.10' x 10.60'Hardwood Floor, Closet
BathroomMain6.56' x 5.38'4 Pc Bath, Vinyl Floor
4th BrLower11.19' x 10.53'Vinyl Floor, Window
5th BrLower10.56' x 8.73'Vinyl Floor, Window
RecLower22.51' x 29.56'Broadloom, 3 Pc Bath, Window
LaundryLower11.58' x 8.79'
UtilityLower6.56' x 6.36'
Burlington Market Statistics
Burlington Price Trend
5369 Spruce Ave is a 3-bedroom 2-bathroom home listed for sale at $1,099,000, which is $45,678 (4.0%) lower than the average sold price of $1,144,678 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in Burlington declined by $110,649 (8.8%) compared to the previous 30 day period (September 1 - September 30) and down $111,780 (8.9%) from the same time one year ago.
Inventory Change
There were 117 3-bedroom homes listed in Burlington over the last 30 days (October 1 - October 30), which is up 0.9% compared with the previous 30 day period (September 1 - September 30) and up 5.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Burlington typically sold ($28,306) (2.5%) below asking price over the last 30 days (October 1 - October 30), which represents a $16,085 increase compared to the previous 30 day period (September 1 - September 30) and ($25,382) 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 (October 1 - October 30) stood at 74.4%, up from 47.4% over the previous 30 days (September 1 - September 30) and up from 45.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Burlington stood at 29 days when successfully sold over the last 30 days (October 1 - October 30), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Ipro Realty Ltd
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