584 Lorne St

Brant, Burlington, L7R 2T6
FOR SALE
$999,900
584 Lorne St, Burlington
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
584 Lorne St
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
5 + 3
ROOMS
W9493569
MLSID
Contact Us
Property Description
This delightful solid brick bungalow in downtown Burlington offers a peaceful retreat on a tree-lined street, boasting 60 ft of frontage on a premium lot. Just a short walk from the lake, shops, restaurants, and the GO station, the home features hardwood floors throughout the main level, which includes three spacious bedrooms, a bright living room with a cozy fireplace, and a dining room that leads to a sunny deck overlooking a private backyard. The finished lower level, accessible by a separate entrance, includes a rec/family room, a generous laundry area with ample storage, and plenty of potential for an in-law or nanny suite. Outside, a long private driveway provides parking for four vehicles and leads to an oversized 1.5 car garage, offering versatile possibilities. This property presents an excellent opportunity for customization, expansion, or even rebuilding, all while being surrounded by custom multi-million-dollar homes and conveniently located near downtown amenities and major highways. Dont miss this remarkable chance!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-26 2024-04-28 2 $949,900 $1,160,000 Sold
Property Details
Street
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
60' x 110'
Fronting
West
Taxes
$5,014 (2023)
Basement
Finished, Full
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
BrMain12.24' x 11.25'
2nd BrMain11.25' x 10.66'
3rd BrMain9.84' x 9.25'
LivingMain6.56' x 15.75'
DiningMain6.56' x 10.76'
KitchenMain9.25' x 10.60'
BathroomMain5.09' x 10.60'
RecBsmt10.83' x 17.85'
FamilyBsmt12.99' x 19.16'
LaundryBsmt6.56' x 20.01'
WorkshopBsmt6.56' x 17.91'
BathroomBsmt6.56' x 4.92'
Burlington Market Statistics
Burlington Price Trend
584 Lorne St is a 3-bedroom 3-bathroom home listed for sale at $999,900, which is $144,778 (12.6%) 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 3-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 Exp Realty
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