40 Cedar Lake Cres

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40 Cedar Lake Cres, Brampton
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3
BEDROOMS
4
BATHROOMS
1
KITCHENS
8 + 1
ROOMS
W4221905
MLSID
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Property Description
Absolutely Gorgeous 3 Storey Townhouse By Remington, 2074 Sqft As Per Mpac,Bright And Cozy,Open Concept Modern Design,Excellent Layout W/Stunning Features Such As Upgraded Kitchen Cabinet, Back Splash, Granite Counter Top, 9 Ft Ceilings On 2nd Floor,Access To Garage, Hardwood On 2nd Floor, Oak Stairs ,Ceramic Tiles In Kitchen, Central Vac, Pot Lights, Master Suite 4Pc Ensuite. Main Floor Family Room Converted To Bedroom With Ensuite Washroom.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-08-22 2020-08-30 8 $685,000 $682,500 Sold
Extras
Stainless Steel Fridge, Stainless Steel Stove, Washer, Dryer, Dishwasher, Tankless Water Heater, Cac, Cvac.
Property Features
School
Property Details
Community
Property Type
Condo Townhouse, 3-Storey
Approximate Sq.Ft.
2000-2249
Taxes
$4,142 (2017)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
Living2nd16.14' x 22.31'Hardwood Floor, Combined W/Dining, Window
Dining2nd16.14' x 22.31'Hardwood Floor, Combined W/Living
Breakfast2nd14.14' x 6.99'Ceramic Floor, Window
Kitchen2nd14.14' x 9.19'Centre Island, Backsplash, Modern Kitchen
FamilyMain14.14' x 16.17'Laminate, Ensuite Bath, W/O To Yard
Master3rd14.14' x 13.85'Broadloom, 5 Pc Bath, Closet
2nd Br3rd8.07' x 14.63'Broadloom, Window, Closet
3rd Br3rd7.81' x 10.63'Broadloom, Window, Closet
Brampton Market Statistics
Brampton Price Trend
40 Cedar Lake Cres is a 3-bedroom 4-bathroom townhome listed for sale at $585,902, which is $235,791 (28.7%) lower than the average sold price of $821,693 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 3 bedroom townhome in Brampton increased by $183 (0.0%) compared to the previous 30 day period (February 24 - March 24) and down $12,200 (1.5%) from the same time one year ago.
Inventory Change
There were 172 3-bedroom townhomes listed in Brampton over the last 30 days (March 25 - April 23), which is up 2.4% compared with the previous 30 day period (February 24 - March 24) and up 24.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Brampton typically sold $12,032 (1.5%) above asking price over the last 30 days (March 25 - April 23), which represents a $1,326 increase compared to the previous 30 day period (February 24 - March 24) and $33,141 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 3-bedroom townhomes in Brampton over the last 30 days (March 25 - April 23) stood at 57.6%, up from 53.0% over the previous 30 days (February 24 - March 24) and down from 89.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom townhome in Brampton stood at 22 days when successfully sold over the last 30 days (March 25 - April 23), compared to 35 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realty Specialists Inc., Brokerage
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