700 Dynes Rd 1003

FOR SALE
$549,000
700 Dynes Rd 1003, Burlington
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
700 Dynes Rd 1003
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
W9369309
MLSID
Contact Us
Property Description
Experience breathtaking park and lake views from every window in this beautifully and thoughtfully updated, newly painted, 2 bedroom suite in the highly sought-after 'The Empress'. Burlington's best kept secret! A prime and convenient location just steps away from parks, schools, bike paths, Burlington Centre and multiple grocery stores, with easy access to public transit, highways and the GO stations. This suite boasts 2 generously sized bedrooms, in-suite laundry, large storage room, brand-new efficient baseboard heaters and thermostats (2023/24) and newly installed luxury vinyl plank flooring (2023/24). Enjoy the perks of bicycle locking racks conveniently located near your underground parking space and a pet-friendly environment. The bright, spacious living and dining area features a cozy real wood-burning fireplace, access to a large 96 sq.ft. balcony with southern exposure and stunning treetop and lake views. Enjoy the year-round comfort of a brand-new, quiet and powerful ductless Carrier air conditioner (2023/24). The newly updated bathrooms (2023/24) offer lighted mirrors as well as updated vanities and toilets. The primary bedroom includes a double closet and an upgraded 2-piece ensuite. Many closets and ample storage throughout. Building amenities include 24-hour concierge and security, an outdoor pool, a BBQ/patio area, recently updated exercise room and sauna, a library/media centre, party room, games room, workshop, car wash facilities and visitor parking. The City's upcoming infrastructure improvements include protected bikeways on Prospect Street and resurfacing on Dynes Road and Prospect Street, making it an even more desirable place to call home. Don't miss out on this gem!
Property Features
Arts Centre, Golf, Hospital, Lake/Pond, Park, Public Transit
Property Details
Street
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$1,873 (2024)
Basement
None
Exterior
Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Other
Parking 1
Exclusive (B (P2))
Parking 2
None
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat10.99' x 18.08'Fireplace
DiningFlat7.68' x 12.01'
KitchenFlat8.83' x 11.58'
Prim BdrmFlat9.58' x 14.01'
BrFlat9.74' x 11.58'
LaundryFlat5.74' x 6.50'
OtherFlat5.84' x 8.01'
Burlington Market Statistics
Burlington Price Trend
700 Dynes Rd 1003 is a 2-bedroom 2-bathroom condo listed for sale at $549,000, which is $140,075 (20.3%) lower than the average sold price of $689,075 in the last 30 days (September 5 - October 4). During the last 30 days the average sold price for a 2 bedroom condo in Burlington declined by $892,039 (56.4%) compared to the previous 30 day period (August 6 - September 4) and up $42,852 (6.6%) from the same time one year ago.
Inventory Change
There were 63 2-bedroom condos listed in Burlington over the last 30 days (September 5 - October 4), which is up 70.3% compared with the previous 30 day period (August 6 - September 4) and up 65.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Burlington typically sold ($17,118) (2.5%) below asking price over the last 30 days (September 5 - October 4), which represents a $464 increase compared to the previous 30 day period (August 6 - September 4) and ($9,834) 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 2-bedroom condos in Burlington over the last 30 days (September 5 - October 4) stood at 31.7%, down from 94.6% over the previous 30 days (August 6 - September 4) and down from 68.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Burlington stood at 46 days when successfully sold over the last 30 days (September 5 - October 4), compared to 70 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Burloak Real Estate Services
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