5126 Lakeshore Rd

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5126 Lakeshore Rd, Burlington
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5 + 1
BEDROOMS
8
BATHROOMS
1 + 1
KITCHENS
20 + 5
ROOMS
W3909569
MLSID
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Property Description
Great Opportunity Of A Dream House, Total 12000 Sqft, On A Private 100Ft Water Facing Lot. An Awesome Beautiful Property With 6 Large Bedrooms, Exercise Room, Sauna, Modern Elite Style Kitchen , Every Bedroom Has Stunning Water View Across 3 Floor, Deck Over Water For Relaxation
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-02-24 2023-04-05 39 $8,999,000 $8,400,000 Sold
2020-12-01 2021-02-23 84 $8,195,000 - Terminated
2020-12-01 2021-02-23 84 $23,000 - Terminated
Extras
Seller Is Motivated To Sell, Presently Rented, Tenant Willing To Stay Current Monthly Rent Of $11,000 Plus Utilities, Ready To Sign New Lease Of 10 Years As Per The Buyer.
Property Features
Waterfront
Property Details
Community
Property Type
Detached, 3-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
100' x 610'
Acreage
.50-1.99
Lot Irregularities
Private Driveway
Fronting
South
Taxes
$44,365 (2016)
Basement
Full, W/O
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Elevator
Yes
Parking Spaces
10
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain48.20' x 80.71'
KitchenMain108.14' x 81.56'
DiningMain51.77' x 62.63'
2nd Br2nd52.82' x 52.95'
3rd Br2nd49.18' x 62.20'
BrBsmt51.97' x 99.54'
MasterMain57.02' x 153.77'
4th Br2nd46.59' x 53.28'
5th Br2nd44.88' x 52.95'
Great RmMain55.97' x 65.65'
RecBsmt87.93' x 94.39'
ExerciseBsmt50.03' x 50.03'
Burlington Market Statistics
Burlington Price Trend
5126 Lakeshore Rd is a 5-bedroom 8-bathroom home listed for sale at $6,999,000, which is $4,522,572 (182.6%) higher than the average sold price of $2,476,428 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 5 bedroom home in Burlington increased by $832,278 (50.6%) compared to the previous 30 day period (February 19 - March 19) and down $74,908 (2.9%) from the same time one year ago.
Inventory Change
There were 12 5-bedroom homes listed in Burlington over the last 30 days (March 20 - April 18), which is up 9.1% compared with the previous 30 day period (February 19 - March 19) and up 71.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Burlington typically sold ($90,957) (3.7%) below asking price over the last 30 days (March 20 - April 18), which represents a $222,790 decrease compared to the previous 30 day period (February 19 - March 19) and ($162,963) 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 5-bedroom homes in Burlington over the last 30 days (March 20 - April 18) stood at 58.3%, up from 54.5% over the previous 30 days (February 19 - March 19) and down from 85.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 8-bathroom home in Burlington stood at 19 days when successfully sold over the last 30 days (March 20 - April 18), compared to 72 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty, Brokerage
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