1377 Lakeshore Rd #507

Brant, Burlington, L7S 1B1
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1377 Lakeshore Rd #507, Burlington
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
W4195097
MLSID
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Property Description
Beautiful & Fully Reno'd 1 Bed, 1 Bath Co-Op Condo, Corner Unit W/Extra Window, Across From Spencer Smith & O/L Mature Trees, Steps To Lake/Trails/Hospital & A Minute To Qew/403/407. Features 760Sf + Private Balcony W/All New: Granite Cts, Ss Appl, White Cabinetry, Qlty Laminate Flrs, Doors/Trim, 4Pce Bath, Electrical Incl. Panel, Plumbing, Lighting, Paint & Ac. Condo Fee Also Incl. Prprty Tax, Heat, Water, Cable, Lckr, Prkng. Adults Only, No Pets, No Leasing
Extras
Inclusions: New Stainless Steel Fridge/Stove, Over-The-Range Microwave, All Electrical Light Fixtures Exclusions: None Rental Equipment: None
Property Features
Beach, Clear View, Hospital, Lake/Pond, Level, Park
Property Details
Community
Property Type
Co-Op Apt, Apartment
Approximate Sq.Ft.
700-799
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Water
Heat Source
Gas
Air Conditioning
Wall Unit
Parking Spaces
1
Parking 1
Exclusive
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain8.43' x 9.15'Granite Counter, Stainless Steel Appl, Renovated
DiningMain6.43' x 8.43'
LivingMain15.16' x 17.16'W/O To Balcony
MasterMain13.58' x 14.07'Ceiling Fan
Burlington Market Statistics
Burlington Price Trend
1377 Lakeshore Rd #507 is a 1-bedroom 1-bathroom condo listed for sale at $379,900, which is $145,577 (27.7%) lower than the average sold price of $525,477 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 1 bedroom condo in Burlington declined by $23,385 (4.3%) compared to the previous 30 day period (February 19 - March 19) and down $8,394 (1.6%) from the same time one year ago.
Inventory Change
There were 44 1-bedroom condos listed in Burlington over the last 30 days (March 20 - April 18), which is up 12.8% compared with the previous 30 day period (February 19 - March 19) and up 193.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Burlington typically sold ($14,979) (2.9%) below asking price over the last 30 days (March 20 - April 18), which represents a $6,394 decrease compared to the previous 30 day period (February 19 - March 19) and ($8,583) 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 20 - April 18) stood at 56.8%, down from 74.4% over the previous 30 days (February 19 - March 19) and down from 206.7% 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 61 days when successfully sold over the last 30 days (March 20 - April 18), compared to 78 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Burloak Real Estate Services, Brokerage
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