4494 Cottonwood Dr
Shoreacres, Burlington, L7L 1R9
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BEDROOMS3
BATHROOMS1
KITCHENS8
ROOMSW3336169
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Property Description
Sought After Shoreacres Neighbourhood Wlkng Dist To The Lake! Reno'd From Top To Bottom W/Rich Exotic Hrdwd Flrs (Brazilian Natural Mahogany), Solid Maple Staircase W/Wrought Iron Spindles, Birch Cust Kitch ('08) W/Granite Cntrs, Glass Tile Backsplash & S/S Appls & Reverse Osmosis Water Filter. Walk-Up Lwr Lvl Feats Famrm W/Gas Fp & New Luxe Broadloom, 4th Bdrm & 2Pc Bath. Master Ensuite Priv W/Dual Vanity W/Marble Cntr, Heated Flrs & Sleek Tile Surround.
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Extras
Inclusions: Dishwasher, Fridge, Stove, Washer, Dryer, Microwave Range Hood, Auto Garage Door Opener, Gazebo With New Canopy.
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Property Details
Street
Community
City
Property Type
Detached, Sidesplit 4
Lot Size
71' x 113'
Fronting
South
Taxes
$4,058 (2015)
Basement
Fin W/O, Full
Exterior
Brick, Metal/Side
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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Burlington Market Statistics
Burlington Price Trend
4494 Cottonwood Dr is a 3-bedroom 3-bathroom home listed for sale at $699,900, which is $583,313 (45.5%) lower than the average sold price of $1,283,213 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 3 bedroom home in Burlington increased by $65,368 (5.4%) compared to the previous 30 day period (February 25 - March 25) and up $62,192 (5.1%) from the same time one year ago.Inventory Change
There were 105 3-bedroom homes listed in Burlington over the last 30 days (March 26 - April 24), which is up 22.1% compared with the previous 30 day period (February 25 - March 25) and up 4.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Burlington typically sold $16,290 (1.3%) above asking price over the last 30 days (March 26 - April 24), which represents a $23,829 increase compared to the previous 30 day period (February 25 - March 25) and ($5,650) 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 26 - April 24) stood at 98.1%, up from 84.9% over the previous 30 days (February 25 - March 25) and up from 93.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Burlington stood at 8 days when successfully sold over the last 30 days (March 26 - April 24), compared to 55 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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Excellent Investment Opportunity currently leased at $3,200 monthly plus utilities until Oct. 1, 2024. Three-bedroom side-split on a 55' x 115' lot in the highly desired Mountainside neighbourhood. Walking distance to great schools and parks and close to the QEW and 407 for commuters. Hardwood Floors, wood-burning Fireplace, Separate entrance to basement, and a spacious fenced rear yard. This fantastic Investment opportunity is in a great, Family-friendly neighbourhood in Burlington.
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