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
W4039803
MLSID
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Property Description
Dream House Waterfront Property, 12,000 Sf On A Private 100 Ft Water Facing Lot, An Awesome Beautiful Property With 6 Large Bedrooms, Exercise Room, Sauna, Modern Style Elite Kitchen, Every Bedroom Has Stunning Water Views Across Three Floors, Deck Over Water For Relaxation, Hot Tub.
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
Sellers Motivated To Sell, Presently Rented, Tenant Willing To Stay, Currently Monthly Rent For $11,000 Plus Utilities, Tenant Ready To Sign New Lease If Required.
Property Features
Fenced Yard, Grnbelt/Conserv, Hospital, Park, Public Transit, Waterfront
Property Details
Community
Property Type
Detached, 3-Storey
Approximate Sq.Ft.
5000+
Lot Size
100' x 610'
Acreage
.50-1.99
Lot Irregularities
Private Driveway
Fronting
South
Taxes
$44,365 (2017)
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 $5,999,999, which is $4,356,999 (265.2%) higher than the average sold price of $1,643,000 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 5 bedroom home in Burlington declined by $316,116 (16.1%) compared to the previous 30 day period (January 28 - February 26) and up $88,000 (5.7%) from the same time one year ago.
Inventory Change
There were 12 5-bedroom homes listed in Burlington over the last 30 days (February 27 - March 27), which is up 140.0% compared with the previous 30 day period (January 28 - February 26) and up 140.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Burlington typically sold $108,020 (6.6%) above asking price over the last 30 days (February 27 - March 27), which represents a $63,720 increase compared to the previous 30 day period (January 28 - February 26) and ($93,950) 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 (February 27 - March 27) stood at 41.7%, down from 120.0% over the previous 30 days (January 28 - February 26) and up from 40.0% 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 (February 27 - March 27), compared to 74 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty, Brokerage
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