1940 Ironstone Dr 1001

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1940 Ironstone Dr 1001, Burlington
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
4 + 1
ROOMS
W3772570
MLSID
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Property Description
Attractive 1 Bedroom Plus Den, Approx. 645 Sq Ft., Features 1.5 Baths, Lovely Balcony W/ East Facing Views, Granite Counters In The Kitchen With Island, 9 Ft Ceilings, En Suite Laundry, One Locker. Walking Distance To Many Attractions, Recreational Facilities & Very Convenient Access To Qew Highway & Go Train. With Many Amenities And A Modern Design, This Condo Brings Great Energy To Burlington. Ironstone Condos Promises To Change The Face Of Burlington.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-01-22 2021-01-23 1 $475,000 $485,000 Sold
Extras
Party Room With Kitchen Facilities, Billiards/Games Room, Terrace, Concierge, Fireplace, Lounge. Convenient Underground Parking Space & 1 Locker. Also Ample Visitor Parking. Immediate Possession Available.
Property Features
Park, Public Transit
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$1,968 (2016)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Grnd Srce
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
KitchenMain11.75' x 9.91'
LivingMain10.56' x 15.91'
BrMain12.01' x 9.91'
DenMain5.84' x 7.68'
Burlington Market Statistics
Burlington Price Trend
1940 Ironstone Dr 1001 is a 1-bedroom 2-bathroom condo listed for sale at $362,500, which is $165,217 (31.3%) 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 2-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 Your Choice Realty Corp., Brokerage
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