1588 Newlands Cres 79

Palmer, Burlington, L7M 1V6
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1588 Newlands Cres 79, Burlington
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
7
ROOMS
W4002074
MLSID
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Property Description
Large 3 Bedroom End Unit Townhouse In North Burlington. Approximately 1251 Sf, Above Grade. Beautiful Landscaping In Front Yard. Main Level Family Room, Large Kitchen With Separate Dining Area. Walkout From The Living Room To A Private Fenced In Yard. Finished Basement. Well Maintained Condominium Complex With A Pool And Playground. Close To Most Amenities Including Grocery, Parks, Transit, And Qew.
Property Details
Community
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
1200-1399
Taxes
$2,213 (2017)
Basement
Finished, Full
Exterior
Brick, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingGround11.15' x 16.67'
Master2nd10.17' x 16.08'
Br2nd8.66' x 10.01'
Br2nd7.74' x 12.24'
RecBsmt12.99' x 18.01'
Burlington Market Statistics
Burlington Price Trend
1588 Newlands Cres 79 is a 3-bedroom 2-bathroom townhome listed for sale at $439,900, which is $514,776 (53.9%) lower than the average sold price of $954,676 in the last 30 days (March 23 - April 21). During the last 30 days the average sold price for a 3 bedroom townhome in Burlington increased by $76,314 (8.7%) compared to the previous 30 day period (February 22 - March 22) and up $85,691 (9.9%) from the same time one year ago.
Inventory Change
There were 60 3-bedroom townhomes listed in Burlington over the last 30 days (March 23 - April 21), which is up 20.0% compared with the previous 30 day period (February 22 - March 22) and up 46.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Burlington typically sold $1,114 (0.1%) above asking price over the last 30 days (March 23 - April 21), which represents a $7,244 increase compared to the previous 30 day period (February 22 - March 22) and ($5,724) more 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 townhomes in Burlington over the last 30 days (March 23 - April 21) stood at 85.0%, down from 92.0% over the previous 30 days (February 22 - March 22) and down from 92.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom townhome in Burlington stood at 15 days when successfully sold over the last 30 days (March 23 - April 21), compared to 39 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group Quantum Realty Inc., Brokerage
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