247 Malvern Rd

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247 Malvern Rd, Burlington
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4 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
8 + 2
ROOMS
W3124776
MLSID
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Property Description
Historical 3 Story Stucco Home Situated On Oversized Lot Overlooking Picturesque Ravine In Tuck School District..Just Steps To The Lake. New Kitchen & Jennair Appliances, Sleek Marble Counter Tops,Custom Cupboards & Elegant Light Fixtures Are Just Some Of The Superb Features.With 4+1 Bedrooms,3 New Baths W/High End Fixtures & 3rd Floor Loft, The Sprawling Floor Plan With 10.5Ft Ceilings On Main Flr & Maintained This Homes Character W/The Original Mouldings
Extras
& Baseboards. Beautiful Separate Dining Rm Off The Great Rm W/Cozy Fp.Freshly Painted Throughout, Over 2800 Sq.Ft Of Living Space,Fully Finished Basement W/5th Bedroom, Double Garage W/Home Office With Running Water, Heat, Internet & Cable
Property Details
Community
Property Type
Detached, 3-Storey
Lot Size
70' x 199'
Fronting
East
Taxes
$6,128 (2014)
Basement
Finished, Full
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerGround12.99' x 9.97'Hardwood Floor
KitchenGround14.99' x 15.49'Centre Island, Hardwood Floor, Backsplash
DiningGround10.99' x 13.16'Hardwood Floor, Crown Moulding, Window
LivingGround12.01' x 17.65'Hardwood Floor, Fireplace, Crown Moulding
Master2nd15.49' x 16.50'Hardwood Floor, Window
Br2nd9.68' x 14.24'Hardwood Floor
Br2nd9.68' x 13.16'Hardwood Floor
Br2nd10.17' x 10.99'Hardwood Floor
Loft3rd11.84' x 21.00'Broadloom, Window
RecBsmt12.01' x 19.00'Broadloom, Pot Lights, Window
BrBsmt13.48' x 14.67'
Burlington Market Statistics
Burlington Price Trend
247 Malvern Rd is a 4-bedroom 3-bathroom home listed for sale at $1,599,999, which is $97,599 (6.5%) higher than the average sold price of $1,502,400 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 4 bedroom home in Burlington declined by $92,722 (5.8%) compared to the previous 30 day period (February 26 - March 26) and down $51,079 (3.3%) from the same time one year ago.
Inventory Change
There were 77 4-bedroom homes listed in Burlington over the last 30 days (March 27 - April 25), which is up 8.5% compared with the previous 30 day period (February 26 - March 26) and up 30.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Burlington typically sold $232 (0.0%) above asking price over the last 30 days (March 27 - April 25), which represents a $9,615 increase compared to the previous 30 day period (February 26 - March 26) and ($2,270) 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 4-bedroom homes in Burlington over the last 30 days (March 27 - April 25) stood at 77.9%, down from 80.3% over the previous 30 days (February 26 - March 26) and down from 81.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Burlington stood at 12 days when successfully sold over the last 30 days (March 27 - April 25), compared to 64 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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