5475 LAKESHORE Rd 24
Appleby, Burlington, L7L 1E1
FOR SALE
$659,000
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Property Description
Welcome to Lakeside Living in Burlington! This bright 3-bedroom, 3-bathroom townhome is situated at the back of the Village by the Lake community, offering peace and privacy just steps from the children's playground. The home is ready for your personal touch, providing a great opportunity to move in as is or update and customize to suit your style. Featuring a large patio with a deck, ensuite bath, brand-new roof and brand new front door, this home is designed for comfortable living. Enjoy the convenience of underground parking, eliminating the need for snow clearing in the winter, and make the most of the community pool during warmer months. Located directly across from Burloak Waterfront Park, you'll have easy access to scenic trails, beaches, and local festivals. Set in the Elizabeth Gardens neighbourhood, known for its quality schools and family-friendly atmosphere, this townhome is a perfect opportunity to make lakeside living your own.
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Nearby Intersections
Lakeshore & Burloak (24)
Lakeshore & Burloak (10)
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Property Details
Street
Community
City
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
1200-1399
Taxes
$3,158 (2023)
Basement
Finished, Full
Exterior
Brick
Heat Type
None
Heat Source
Gas
Air Conditioning
Central Air
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | 2nd | 14.57' x 10.83' | |
| Br | 2nd | 12.40' x 10.76' | |
| Br | 2nd | 9.51' x 10.17' |
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Burlington Market Statistics
Burlington Price Trend
5475 LAKESHORE Rd 24 is a 3-bedroom 3-bathroom townhome listed for sale at $659,000, which is $319,120 (32.6%) lower than the average sold price of $978,120 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom townhome in Burlington increased by $108,445 (12.5%) compared to the previous 30 day period (September 21 - October 20) and up $169,565 (21.0%) from the same time one year ago.Inventory Change
There were 58 3-bedroom townhomes listed in Burlington over the last 30 days (October 21 - November 19), which is up 23.4% compared with the previous 30 day period (September 21 - October 20) and up 31.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in Burlington typically sold ($14,451) (1.5%) below asking price over the last 30 days (October 21 - November 19), which represents a $6,241 increase compared to the previous 30 day period (September 21 - October 20) and ($13,344) 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 townhomes in Burlington over the last 30 days (October 21 - November 19) stood at 50.0%, down from 59.6% over the previous 30 days (September 21 - October 20) and up from 43.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom townhome in Burlington stood at 23 days when successfully sold over the last 30 days (October 21 - November 19), compared to 32 days before being removed from the market upon being suspended or terminated.Listing contracted with Real Broker Ontario Ltd
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