1284 Guelph Line 404

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1284 Guelph Line 404, Burlington
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
3 + 1
ROOMS
W3651992
MLSID
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Property Description
Top Floor Corner Unit 1Bedroom + Den Condo With Ensuite Laundry, 1 Parking Spot + 1 Locker, Both Owned. Currently Leased At $1350/Month + Hydro, Cable, & Hot Water Tank Rental. Upgrades Include: Added Underpad To Floors For Noise Reduction; Upgraded And Extended Kitchen Cabinetry; Granite Counters & Tiled Backsplash; $2500 Hunter Douglas Blinds! Amenities Include Rooftop Terrace, Barbeques; Main Floor Party Room; 10 Ft. Ceilings In Unit.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-10-29 2020-11-05 7 $399,000 $416,000 Sold
2020-09-08 2020-10-29 51 $459,000 - Terminated
Extras
Closing Flexible. Tenant Paying $1350/Month + Hydro, Cable, & Hot Water Tank Rental. 10 Foot Ceilings On This Top Floor Corner Unit With Wrap-Around Balcony. Built-In Stainless Steel Refrigerator; Stove; Built-In Dishwasher Incl.
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,064 (2016)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat12.27' x 15.98'Large Window, Combined W/Kitchen, W/O To Balcony
KitchenFlat12.27' x 15.98'Combined W/Living, Granite Counter, Stainless Steel Appl
DenFlat8.23' x 8.56'Plank Floor, Picture Window
MasterFlat9.48' x 14.17'Plank Floor, Overlook Patio, Large Window
Burlington Market Statistics
Burlington Price Trend
1284 Guelph Line 404 is a 1-bedroom 1-bathroom condo listed for sale at $295,000, which is $232,717 (44.1%) lower than the average sold price of $527,717 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 1 bedroom condo in Burlington declined by $6,050 (1.1%) compared to the previous 30 day period (February 24 - March 24) and up $4,631 (0.9%) from the same time one year ago.
Inventory Change
There were 44 1-bedroom condos listed in Burlington over the last 30 days (March 25 - April 23), which is up 18.9% compared with the previous 30 day period (February 24 - March 24) and up 175.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Burlington typically sold ($14,760) (2.8%) below asking price over the last 30 days (March 25 - April 23), which represents a $7,843 decrease compared to the previous 30 day period (February 24 - March 24) and ($10,469) 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 1-bedroom condos in Burlington over the last 30 days (March 25 - April 23) stood at 52.3%, down from 75.7% over the previous 30 days (February 24 - March 24) and down from 143.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Burlington stood at 52 days when successfully sold over the last 30 days (March 25 - April 23), compared to 79 days before being removed from the market upon being suspended or terminated.
Listing contracted with Main Street Realty Ltd., Brokerage
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