3031 Cedar Springs Rd
Rural Burlington, Burlington, L7R 3X4
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Property Description
Exquisite 2.86 Acres Of Country Living In The City!! Prestigious Cedar Springs Rd W/Spectacular Views Of The City. Conv Located Mins Fr Shop, Hwys & 407. 3 Bdrm Bung W/15 Y/O Addn Incl Spacious Mstr Bdrm W/ 5 Pce Enste& Balcony. Huge Eat In Kit Open To Sep Din/Large Liv Rm. Mn Fl Laundry, 2 Gas Frpl, Hrdwood & Ceramic Through Out. 2nd Bdrm Has Enste, Solarium Off Side Of Home, Huge Cold Cellar, 3 Sep W/O From Ll ++ Pkg, 3 Green Houses, Lrg Barn.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-06-03 | 2023-08-02 | 60 | $2,899,999 | - | Expired |
Extras
Entry From Dundas Street Or Cedar Springs. Endless Opportunities, 2 Fridges,2 Stoves,D/W,Stand Up Freezer, Bsmt Bar, Bar Fridge&Stove,2 Furnaces, C/A, 2Rgdo, 3 Ceiling Fans, All Elf's, Excluding Dining Room Chandelier, All Window Cov.
Property Features
Golf, Grnbelt/Conserv, Park, School, Treed, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
2500-3000
Lot Size
200' x 426'
Acreage
2-4.99
Lot Irregularities
L-Shaped
Fronting
East
Taxes
$6,808 (2015)
Basement
Full, W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Other
Parking Spaces
10
Driveway
Circular
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Ground | 12.07' x 19.75' | Ceramic Floor, Eat-In Kitchen, Pantry |
| Dining | Ground | 12.80' x 15.09' | Hardwood Floor |
| Living | Ground | 14.76' x 20.67' | Hardwood Floor, Gas Fireplace |
| Master | Ground | 17.72' x 19.36' | His/Hers Closets, W/O To Balcony, Hardwood Floor |
| Br | Ground | 9.58' x 14.44' | Hardwood Floor |
| 2nd Br | Ground | 13.09' x 15.09' | Hardwood Floor |
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Burlington Market Statistics
Burlington Price Trend
3031 Cedar Springs Rd is a 3-bedroom 4-bathroom home listed for sale at $1,799,000, which is $533,615 (42.2%) higher than the average sold price of $1,265,385 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 3 bedroom home in Burlington increased by $61,104 (5.1%) compared to the previous 30 day period (February 24 - March 24) and up $49,449 (4.1%) from the same time one year ago.Inventory Change
There were 103 3-bedroom homes listed in Burlington over the last 30 days (March 25 - April 23), which is up 27.2% compared with the previous 30 day period (February 24 - March 24) and up 6.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Burlington typically sold $11,869 (0.9%) above asking price over the last 30 days (March 25 - April 23), which represents a $17,077 increase compared to the previous 30 day period (February 24 - March 24) and ($9,207) 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 (March 25 - April 23) stood at 98.1%, up from 86.4% over the previous 30 days (February 24 - March 24) and up from 90.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Burlington stood at 10 days when successfully sold over the last 30 days (March 25 - April 23), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group-Summit Realty Inc., Brokerage
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