5489 Milburough Line

FOR SALE
$3,550,000
5489 Milburough Line, Burlington
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
5489 Milburough Line
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5
BEDROOMS
4
BATHROOMS
2
KITCHENS
9
ROOMS
W8437390
MLSID
Contact Us
Property Description
Welcome to a prestigious & tranquil 75-acre retreat in the heart of North Burlington, where comfort meets rural charm on this expansive farm. Nestled amidst lush landscapes, this magnificent property boasts a spacious 3,907 square foot, 2-storey, 5 bedroom, 4 bath home, offering an exceptional blend of convenience and luxury. The main floor features a bedroom & ensuite, perfect for guests or multi-generational living. The kitchen is equipped with restaurant-grade appliances, making it a culinary enthusiast's dream. The 2nd floor includes a 2nd large family room, ideal for extra privacy, kids space, & entertaining, while each bedroom is generously sized. The large living spaces along with high-speed internet ensuring a blend of modern living with the tranquility of country life. Large windows throughout the home provide stunning views of the picturesque landscape, sunsets, sunrises, the serene 2-acre pond & extensive walking/horse trails that invite exploration and relaxation. Beyond the main residence, the property includes an inground fibreglass pool, a 34' x 48' barn, a massive shed, & an outbuilding ideal for various agricultural pursuits or as a versatile space for hobbies & storage.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-22 2024-06-15 24 $4,360,000 - Terminated
2020-11-04 2021-03-19 134 $2,850,000 $2,750,000 Sold
Extras
All existing kitchen appliances (incl. restaurant grade appliances) & washer/dryer, all electronic light fixtures, , all window coverings
Property Features
Clear View, Grnbelt/Conserv, Lake/Pond, Part Cleared, Tiled, Wooded/Treed
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
3500-5000
Lot Size
496' x 2,185'
Acreage
50-99.99
Lot Irregularities
Irregular
Fronting
West
Taxes
$6,108 (2024)
Basement
Full, Unfinished
Exterior
Brick, Vinyl Siding
Heat Type
Heat Pump
Heat Source
Wood
Air Conditioning
Other
Water
Well
Pool
Inground
Parking Spaces
8
Driveway
Front Yard
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerMain11.06' x 9.09'
KitchenMain10.10' x 17.06'
DiningMain23.10' x 12.01'
LivingMain16.08' x 23.10'
2nd BrMain14.07' x 10.07'
LaundryMain8.10' x 9.02'
Rec2nd25.00' x 19.03'
Prim Bdrm2nd17.09' x 17.13'
Bathroom2nd10.01' x 18.01'5 Pc Ensuite
3rd Br2nd17.09' x 16.11'
Burlington Market Statistics
Burlington Price Trend
5489 Milburough Line is a 5-bedroom 4-bathroom home listed for sale at $3,550,000, which is $1,076,250 (43.5%) higher than the average sold price of $2,473,750 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 5 bedroom home in Burlington increased by $672,750 (37.4%) compared to the previous 30 day period (September 22 - October 21) and up $1,504,084 (155.1%) from the same time one year ago.
Inventory Change
There were 8 5-bedroom homes listed in Burlington over the last 30 days (October 22 - November 20), which is down 33.3% compared with the previous 30 day period (September 22 - October 21) and down 46.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Burlington typically sold ($183,700) (7.4%) below asking price over the last 30 days (October 22 - November 20), which represents a $136,767 decrease compared to the previous 30 day period (September 22 - October 21) and ($79,666) 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 (October 22 - November 20) stood at 50.0%, up from 25.0% over the previous 30 days (September 22 - October 21) and up from 20.0% 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 37 days when successfully sold over the last 30 days (October 22 - November 20), compared to 73 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Heritage Group Ltd.
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