2405 Lakeshore Rd 7

Brant, Burlington, L7R 1B8
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2405 Lakeshore Rd 7, Burlington
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
W4240309
MLSID
Contact Us
Property Description
Move-In Ready, 2 Bedrm Co-Op Condo, Corner Unit, Close To Lake, Parks, Trails, Hospital, Dwntwn, Shops, Dining & Minutes To Qew/403/407. Features 708Sf W/2 Bedrms, Living Rm, Dining Rm, Kitch W/Newer Qlty Appliances, 4Pce Bath, Window Coverings, 4 Ceiling Fans, 2 Window Acs & Freshly Painted T/O. Building Is Quiet, Has Onsite Laundry & Is Very Well Run & Maintained. Low Condo Fee Incl. Prprty Tax, Heat, Water, Parking, Lckr. Adults Only, No Pets, No Leasing.
Extras
Incl: Fridge, Stove, Ss Microwave, All Elfs Including Ceiling Fans, All Window Coverings, Blinds, Curtains And Rods, 2 In-Window A/C Units In "As Is" Condition Excl: None Rentals: None
Property Features
Arts Centre, Hospital, Library, Park, Place Of Worship, Public Transit
Property Details
Community
Property Type
Co-Op Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$1 (2018)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Window Unit
Parking Spaces
1
Parking 1
Exclusive
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain8.33' x 11.25'
LivingMain12.99' x 15.16'
DiningMain8.43' x 10.60'
MasterMain10.93' x 11.32'
BrMain8.01' x 10.66'
Burlington Market Statistics
Burlington Price Trend
2405 Lakeshore Rd 7 is a 2-bedroom 1-bathroom condo listed for sale at $249,900, which is $415,553 (62.4%) lower than the average sold price of $665,453 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 2 bedroom condo in Burlington declined by $52,036 (7.3%) compared to the previous 30 day period (February 9 - March 9) and up $48,236 (7.8%) from the same time one year ago.
Inventory Change
There were 51 2-bedroom condos listed in Burlington over the last 30 days (March 10 - April 8), which is up 45.7% compared with the previous 30 day period (February 9 - March 9) and up 41.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Burlington typically sold ($15,180) (2.3%) below asking price over the last 30 days (March 10 - April 8), which represents a $1,971 increase compared to the previous 30 day period (February 9 - March 9) and ($13,143) 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 10 - April 8) stood at 84.3%, up from 77.1% over the previous 30 days (February 9 - March 9) and up from 63.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Burlington stood at 29 days when successfully sold over the last 30 days (March 10 - April 8), compared to 50 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Burloak Real Estate Services, Brokerage
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