227 Oak Cres

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227 Oak Cres, Burlington
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3 + 3
BEDROOMS
5
BATHROOMS
1
KITCHENS
6 + 6
ROOMS
W4126438
MLSID
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Property Description
Custom Executive Bungalow. Custom Cabinetry, & Millwork, 8' Solid Core Doors, 7" White Pine Engineered Hardwood Floors. Mfloor Office/Library, Chef's Kitchen. Great Room W/18' Ceiling. Mbedroom W/5Pc Ensuite, Guest Suite Aka 2nd Mbedroom. Llevel Features Floors W/Radiant Heat. Family & Rec Room Plus 3 More Bedrooms, Bathroom, Gym, Storage, Catina. W/O Covered Porch. Back-Up Generator. Prof Landscaped & Irrigation, Fenced. Close To Go, Qew, Rec, Shops
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-09-19 2022-09-21 2 $3,099,900 $3,000,000 Sold
Property Features
Cul De Sac, Fenced Yard, Park, School
Property Details
Street
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
2500-3000
Lot Size
80' x 120'
Fronting
South
Taxes
$10,683 (2018)
Basement
Finished, Full
Exterior
Other, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
FoyerMain7.48' x 11.81'
Great RmMain21.29' x 16.57'Hardwood Floor, Fireplace, Vaulted Ceiling
KitchenMain19.95' x 13.12'Hardwood Floor, Stone Counter, Double Sink
DiningMain19.95' x 10.30'Hardwood Floor, W/O To Porch
BathroomMain19.95' x 10.30'2 Pc Bath, Stone Floor
LaundryMain11.29' x 6.86'Stone Counter
MasterMain19.69' x 13.75'Hardwood Floor, 5 Pc Ensuite, W/I Closet
2nd BrMain13.16' x 12.93'Hardwood Floor, 3 Pc Ensuite, W/I Closet
3rd BrMain12.96' x 11.38'Hardwood Floor, 3 Pc Ensuite, W/I Closet
FamilyLower19.23' x 27.40'Hardwood Floor, Heated Floor
RecLower21.42' x 21.78'Hardwood Floor, Heated Floor
BrLower19.46' x 12.27'Hardwood Floor, Heated Floor, 3 Pc Bath
Burlington Market Statistics
Burlington Price Trend
227 Oak Cres is a 3-bedroom 5-bathroom home listed for sale at $2,490,000, which is $1,282,906 (106.3%) higher than the average sold price of $1,207,094 in the last 30 days (February 26 - March 26). During the last 30 days the average sold price for a 3 bedroom home in Burlington increased by $81,370 (7.2%) compared to the previous 30 day period (January 27 - February 25) and up $17,807 (1.5%) from the same time one year ago.
Inventory Change
There were 90 3-bedroom homes listed in Burlington over the last 30 days (February 26 - March 26), which is up 32.4% compared with the previous 30 day period (January 27 - February 25) and up 34.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Burlington typically sold ($4,173) (0.3%) below asking price over the last 30 days (February 26 - March 26), which represents a $24,111 increase compared to the previous 30 day period (January 27 - February 25) and ($7,831) 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 homes in Burlington over the last 30 days (February 26 - March 26) stood at 84.4%, down from 85.3% over the previous 30 days (January 27 - February 25) and down from 85.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 5-bathroom home in Burlington stood at 13 days when successfully sold over the last 30 days (February 26 - March 26), compared to 48 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Real Estate Centre Inc., Brokerage
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