5419 Spruce Ave

FOR SALE
$1,499,900
5419 Spruce Ave, Burlington
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
5419 Spruce Ave
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5 + 2
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
12
ROOMS
W11956374
MLSID
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Property Description
Welcome home! Located just 5 minutes from the lake, this beautifully updated home in Burlingtons highly sought-after Elizabeth Gardens community offers the perfect blend of space, style, and functionality. With ample parking for four cars and a detached garage, this home is designed to accommodate growing or multi-generational families. Step inside to a bright and inviting main level featuring an open-concept kitchen, thoughtfully designed with timeless finishes. Quartz countertops, a stylish backsplash, and stainless steel appliances make this space ideal for cooking and entertaining. The main floor also boasts two spacious bedrooms, a full bathroom, and convenient laundry access. Upstairs, you'll find three generously-sized bedrooms and another 2 full bathrooms. The second level offers the unique potential to be separated from the main floor at the front entrance, with the possibility of adding a kitchen or kitchenette. The lower level features a newly renovated in-law suite with over $20,000 in upgrades, including a separate entrance from the driveway, a fully equipped kitchen, two large bedrooms, a full bathroom, and its own laundry. Whether used for guests, family, or other, this space provides incredible flexibility. Outside, a large, fenced-in backyard creates the perfect setting for summer gatherings and relaxation. Recent updates include new blinds (2023), a brand-new furnace (2024), an owned hot water heater (2022), and roof (2013), ensuring comfort and efficiency for years to come. With its spacious layout, modern updates, and prime location just minutes from the lake, this home is a true gem. Dont miss the opportunity to make it yours!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-03-09 2024-03-12 4 $1,379,000 $1,381,000 Sold
2022-06-04 2022-06-23 19 $1,399,000 - Terminated
2022-06-04 2022-06-23 19 $1,399,000 - Terminated
2022-06-04 2022-06-23 19 $1,399,000 - Terminated
2022-06-03 2022-06-22 19 $1,399,000 - Terminated
Nearby Intersections
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
60' x 105'
Acreage
< .50
Fronting
North
Taxes
$6,300 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain10.24' x 22.90'
Great RmMain12.34' x 15.16'
BrMain10.24' x 14.17'
BrMain8.23' x 10.60'
Prim Bdrm2nd15.09' x 17.49'
Br2nd10.66' x 14.76'
Br2nd11.52' x 13.16'
KitchenBsmt11.94' x 14.24'
RecBsmt10.76' x 26.08'Combined W/Dining
BrBsmt12.04' x 10.04'
BrBsmt11.52' x 10.47'
Burlington Market Statistics
Burlington Price Trend
5419 Spruce Ave is a 5-bedroom 4-bathroom home listed for sale at $1,499,900, which is $274,900 (22.4%) higher than the average sold price of $1,225,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in Burlington declined by $585,000 (32.3%) compared to the previous 30 day period (December 22 - January 20) and down $668,725 (35.3%) from the same time one year ago.
Inventory Change
There were 8 5-bedroom homes listed in Burlington over the last 30 days (January 21 - February 19), which is up 60.0% compared with the previous 30 day period (December 22 - January 20) and up 14.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Burlington typically sold ($44,499) (3.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $55,049 decrease compared to the previous 30 day period (December 22 - January 20) and ($34,499) 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 5-bedroom homes in Burlington over the last 30 days (January 21 - February 19) stood at 25.0%, down from 40.0% over the previous 30 days (December 22 - January 20) and down from 57.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Burlington stood at 14 days when successfully sold over the last 30 days (January 21 - February 19), compared to 95 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Real Estate Associates
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