1701 Lampman Ave 406

Uptown, Burlington, L7L 6R9
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1701 Lampman Ave 406, Burlington
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
W3999301
MLSID
Contact Us
Property Description
Fantastic 2 Bedrm, 2 Bathrm Corner Unit Townhome In Prime Northeast Burlington, Close To Shops, Parks, Restaurants And Transportation. Fabulous Bright And Airy Open Concept Floor Plan. Master With Balcony. 3rd Floor Loft Bedroom Or Studio With Vaulted Ceiling And Full Bathrm. Walk-Out To Patio. Reasonable Condo Fees. Tremendous Value For 1344 Sq Ft.One Parking Spot (In Front Of Unit) Is Owned And An Additonal Spot Is Rented For $40/Month.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-03-31 2020-04-09 9 $499,777 $487,800 Sold
Extras
Inclusions: Fridge, Stove, Dishwasher, Washer, Dryer
Property Details
Community
Property Type
Condo Townhouse, 3-Storey
Approximate Sq.Ft.
1200-1399
Taxes
$2,485 (2017)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain12.01' x 14.34'
DiningMain6.92' x 8.76'
KitchenMain8.76' x 8.83'
Master2nd12.01' x 12.24'
Other2nd5.51' x 8.60'
Breakfast3rd15.75' x 13.75'
Burlington Market Statistics
Burlington Price Trend
1701 Lampman Ave 406 is a 2-bedroom 2-bathroom townhome listed for sale at $399,900, which is $388,050 (49.2%) lower than the average sold price of $787,950 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 2 bedroom townhome in Burlington increased by $33,018 (4.4%) compared to the previous 30 day period (February 19 - March 19) and down $12,567 (1.6%) from the same time one year ago.
Inventory Change
There were 26 2-bedroom townhomes listed in Burlington over the last 30 days (March 20 - April 18), which is up 73.3% compared with the previous 30 day period (February 19 - March 19) and up 30.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom townhomes in Burlington typically sold ($6,083) (0.8%) below asking price over the last 30 days (March 20 - April 18), which represents a $9,984 increase compared to the previous 30 day period (February 19 - March 19) and ($7,478) 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 2-bedroom townhomes in Burlington over the last 30 days (March 20 - April 18) stood at 115.4%, up from 113.3% over the previous 30 days (February 19 - March 19) and up from 115.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom townhome in Burlington stood at 15 days when successfully sold over the last 30 days (March 20 - April 18), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc., Brokerage
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