4341 Elm Cres

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4341 Elm Cres, Burlington
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2 + 2
BEDROOMS
3
BATHROOMS
1
KITCHENS
5 + 5
ROOMS
W4251594
MLSID
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Property Description
Stunning New Rebuild In South East Burlington On A Private Mature Lot And A Premium Mature Street. Walking Distance To Schools/Transit/Parks/Lake. This Gorgeous New Bungalow Offers Open Concept Living With Coffered Ceilings, Hardwood Floors Throughout, Gourmet Eat-In Kitchen With Hi End Appliances/Large Island/Spacious Master Retreat With W/In Closet And Large Ensuite. Fully Finished Lower Level With Huge Family Room, Two Additional Bedrooms And A Full Bath.
Extras
Inclusions: New Stainless Steel Fridge, Range, Dishwasher, Built-In Microwave, Wine Fridge, Washer, Dryer, Light Fixtures, Garage Door Opener, Shed. Water Heater Is A Rental
Property Features
Hospital, Library, Marina, Public Transit, School
Property Details
Street
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
100' x 85'
Fronting
North
Taxes
$4,814 (2018)
Basement
Finished, Full
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain17.75' x 12.04'Hardwood Floor, Gas Fireplace, Pot Lights
KitchenMain13.78' x 10.07'Centre Island, Quartz Counter, Pot Lights
DiningMain11.75' x 10.07'
MasterMain12.17' x 13.58'W/I Closet, Ensuite Bath
BrMain10.70' x 9.81'
RecLower38.88' x 13.22'
BrLower14.27' x 10.63'
BrLower13.81' x 11.19'3 Pc Bath
LaundryLower12.40' x 10.04'
UtilityLower10.20' x 10.96'
Burlington Market Statistics
Burlington Price Trend
4341 Elm Cres is a 2-bedroom 3-bathroom home listed for sale at $1,289,000, which is $71,778 (5.9%) higher than the average sold price of $1,217,222 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 2 bedroom home in Burlington declined by $85,142 (6.5%) compared to the previous 30 day period (February 9 - March 9) and down $30,901 (2.5%) from the same time one year ago.
Inventory Change
There were 6 2-bedroom homes listed in Burlington over the last 30 days (March 10 - April 8), which is down 40.0% compared with the previous 30 day period (February 9 - March 9) and down 62.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Burlington typically sold ($7,829) (0.6%) below asking price over the last 30 days (March 10 - April 8), which represents a $1,612 decrease compared to the previous 30 day period (February 9 - March 9) and ($47,169) 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 2-bedroom homes in Burlington over the last 30 days (March 10 - April 8) stood at 150.0%, up from 110.0% over the previous 30 days (February 9 - March 9) and up from 81.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Burlington stood at 7 days when successfully sold over the last 30 days (March 10 - April 8), compared to 58 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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