1980 Imperial Way #501
Appleby, Burlington, L7L 0E7
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BEDROOMS2
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Property Description
Great Investment Opportunity! New Owner Must Assume Existing Tenant's Lease Until January 31/19. Spacious 2 Bed + Den, 2 Bath 1282 Sf " Courtland " Model In Appleby Woods , Parking/Locker, Ss Fridge Stove ,B/I Dishwasher,Otr Microwave ,White Washer/ Dryer ,Ensuite Bath+Wic In Master, Den = 3rd Br Or Dining Room, Granite Counters, U/G Cabinetry,Sinks & Faucets,Window Coverings, Geo Thermal Heating/Cooling System-80 Solar Panels On Roof , Tenant Pays Hydro
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-05-01 | 2019-05-29 | 28 | $574,400 | $560,000 | Sold |
| 2019-02-08 | 2019-04-29 | 80 | $574,900 | - | Terminated |
| 2018-12-01 | 2019-01-30 | 60 | $579,900 | - | Terminated |
Extras
Beautiful Views Of The Escarpment And Sunsets Every Day, Loads Of Shops, Restaurants, Tansley Woods Community Center, Milcroft Shopping Center Across The Street, Bronte Creek Provincial Park, Walking Trails, Close To The # 407 & Qew
Property Features
Grnbelt/Conserv, Hospital, Level, Park, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$3,083 (2017)
Basement
None
Exterior
Brick, Stone
Heat Included
Yes
Heat Type
Radiant
Heat Source
Solar
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (Level A)
Garage Type
Undergrnd
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Flat | 8.50' x 10.99' | Double Sink |
| Dining | Flat | 11.25' x 21.26' | Hardwood Floor |
| Living | Flat | 11.25' x 21.26' | Hardwood Floor |
| Den | Flat | 9.25' x 12.50' | French Doors |
| Bathroom | Flat | 9.25' x 12.40' | Broadloom |
| Master | Flat | 11.25' x 17.59' | Broadloom |
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Burlington Market Statistics
Burlington Price Trend
1980 Imperial Way #501 is a 2-bedroom 2-bathroom condo listed for sale at $549,990, which is $113,985 (17.2%) 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 Real Estate Services Ltd., Brokerage
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