1701 Lampman Ave 401

Uptown, Burlington, L7L 6R8
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1701 Lampman Ave 401, Burlington
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
W3910652
MLSID
Contact Us
Property Description
Property Features
Golf, Grnbelt/Conserv, Park, Public Transit, Rec Centre, School
Property Details
Community
Property Type
Condo Apt, 3-Storey
Approximate Sq.Ft.
1200-1399
Taxes
$2,485 (2017)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Other
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Surface
Room Summary
RoomLevelSizeFeatures
LivingGround11.98' x 12.07'Open Concept, O/Looks Dining, W/O To Patio
DiningGround7.55' x 11.22'Open Concept, O/Looks Living
KitchenGround8.23' x 11.22'Renovated, Stainless Steel Appl, Granite Counter
Master2nd11.81' x 12.27'W/O To Balcony, Semi Ensuite, His/Hers Closets
Master3rd14.17' x 15.65'Vaulted Ceiling, Open Concept, 3 Pc Ensuite
Burlington Market Statistics
Burlington Price Trend
1701 Lampman Ave 401 is a 2-bedroom 2-bathroom condo listed for sale at $398,800, which is $265,175 (39.9%) lower than the average sold price of $663,975 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 2 bedroom condo in Burlington declined by $51,103 (7.1%) compared to the previous 30 day period (February 25 - March 25) and down $10,131 (1.5%) from the same time one year ago.
Inventory Change
There were 78 2-bedroom condos listed in Burlington over the last 30 days (March 26 - April 24), which is up 81.4% compared with the previous 30 day period (February 25 - March 25) and up 66.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Burlington typically sold ($7,482) (1.1%) below asking price over the last 30 days (March 26 - April 24), which represents a $2,014 increase compared to the previous 30 day period (February 25 - March 25) and ($7,009) 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 (March 26 - April 24) stood at 52.6%, down from 74.4% over the previous 30 days (February 25 - March 25) and down from 68.1% 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 21 days when successfully sold over the last 30 days (March 26 - April 24), compared to 53 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty, Brokerage
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