3420 Cedar Springs Rd

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3420 Cedar Springs Rd, Burlington
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4
BEDROOMS
2
BATHROOMS
1
KITCHENS
8 + 3
ROOMS
W3072593
MLSID
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Property Description
Live The Dream! Create The Country Lifestyle You've Always Wanted While Being Only 55Km From Toronto And 8Km From Downtown Burlington. This 5 Acre Property With A Creek Running Through It Was Once A Christmas Tree And Bee Farm Operated By The Owner. This All Brick Raised Bungalow Was Built By The Current Family In 1975. Renovate To Its Fullest Potential In An Area Protected By The Niagara Escarpment Act And Enjoy Scenic Lush Views From All Sides.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2018-12-06 2018-12-13 7 $1,800 - Terminated
Extras
Fridge, Stove, Dishwasher, Washer And Dryer, Double Laundry Sink, All Electric Light Fixtures And Window Blinds. Large Garage With Interior Entry & Maintenance Pit, 3 Wood Burning Fireplaces, Workshop And Barn. Garage Door Openers (2).
Property Features
Clear View, Golf, Grnbelt/Conserv, River/Stream, School, Wooded/Treed
Property Details
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1500-2000
Lot Size
331' x 648'
Acreage
5-9.99
Fronting
West
Taxes
$5,339 (2014)
Basement
Fin W/O
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Well
Parking Spaces
10
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenGround11.88' x 14.44'Breakfast Bar, Window
LivingGround19.85' x 13.94'Fireplace, Parquet Floor, Large Window
DiningGround12.14' x 11.38'W/O To Sunroom, Parquet Floor
MasterGround13.58' x 12.53'Parquet Floor, His/Hers Closets, 3 Pc Ensuite
2nd BrGround11.06' x 12.04'Parquet Floor, Closet, Window
3rd BrGround10.96' x 11.94'Parquet Floor, Closet, Window
4th BrGround10.96' x 11.19'Parquet Floor, Closet, Window
FamilyBsmt15.88' x 29.63'Fireplace
RecBsmt25.43' x 19.88'W/W Closet
LaundryBsmt12.96' x 14.53'Double Sink, Access To Garage
Burlington Market Statistics
Burlington Price Trend
3420 Cedar Springs Rd is a 4-bedroom 2-bathroom home listed for sale at $865,000, which is $646,495 (42.8%) lower than the average sold price of $1,511,495 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 4 bedroom home in Burlington declined by $59,467 (3.8%) compared to the previous 30 day period (February 25 - March 25) and down $51,171 (3.3%) from the same time one year ago.
Inventory Change
There were 70 4-bedroom homes listed in Burlington over the last 30 days (March 26 - April 24), which is up 1.4% compared with the previous 30 day period (February 25 - March 25) and up 25.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Burlington typically sold ($1,716) (0.1%) below asking price over the last 30 days (March 26 - April 24), which represents a $2,983 increase compared to the previous 30 day period (February 25 - March 25) and ($2,388) 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 26 - April 24) stood at 88.6%, up from 78.3% over the previous 30 days (February 25 - March 25) and up from 80.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Burlington stood at 12 days when successfully sold over the last 30 days (March 26 - April 24), compared to 69 days before being removed from the market upon being suspended or terminated.
Listing contracted with Bosley Real Estate Ltd., Brokerage
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