5132 No 2 Side Rd Line

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5132 No 2 Side Rd Line, Burlington
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
8
ROOMS
W3578453
MLSID
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Property Description
Great Opportunity For Savvy Investors . Tremendous Development Potential! 150 Acres Of Farm In Rural Burlington Area, Walking Distance From A Big Plaza And 407. Currently Rented To A Very Reputed Horse Training And Management Facility. They Would Like To Continue Renting. Beautiful 3 Br Detached House Fully Renovated 6 Years Back With New Roof, Furnace, Flooring, Washrooms, Windows And New Upgraded Appliances.
Extras
All Elfs, Various Horse Farms Shades And Structures And Allied Equipment If Any.Great Rental Income.
Property Features
Clear View, Fenced Yard, Level
Property Details
Property Type
Rural Resid, Bungalow-Raised
Approximate Sq.Ft.
3000-3500
Acreage
100+
Lot Irregularities
150+ Acres As Per Copy Of Survey
Fronting
West
Taxes
$5,127 (2016)
Basement
Finished, Full
Exterior
Stone
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Other
Pool
Inground
Parking Spaces
10
Driveway
Private
Garage Type
Detached
Burlington Market Statistics
Burlington Price Trend
5132 No 2 Side Rd Line is a 3-bedroom 3-bathroom home listed for sale at $8,500,000, which is $7,294,421 (605.1%) higher than the average sold price of $1,205,579 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 3 bedroom home in Burlington increased by $40,705 (3.5%) compared to the previous 30 day period (February 19 - March 19) and up $12,580 (1.1%) from the same time one year ago.
Inventory Change
There were 108 3-bedroom homes listed in Burlington over the last 30 days (March 20 - April 18), which is up 36.7% compared with the previous 30 day period (February 19 - March 19) and up 14.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Burlington typically sold $19,434 (1.6%) above asking price over the last 30 days (March 20 - April 18), which represents a $30,097 increase compared to the previous 30 day period (February 19 - March 19) and ($6,516) 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 20 - April 18) stood at 89.8%, down from 93.7% over the previous 30 days (February 19 - March 19) and down from 94.7% 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 20 - April 18), compared to 40 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Real Estate Associates, Brokerage
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