5179 Meadowhill Rd

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5179 Meadowhill Rd, Burlington
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
8
ROOMS
W3671220
MLSID
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Property Description
Beautiful 3+1 Bdrm, 2 Bath, 3 Lvl Ss Located In The Highly Sought After Elizabeth Garden Area Of S.E. Burlington. Upgraded And Well Maintained, Situated On A Large Fully Fenced (New) Lot Perfect For A Pool Or Backyard Rink! Close To Schools, Shopping, Go Train, Qew, Parks And Lake. Updates: Lower Bath (2016) Electrical Panel (2016) Front Walk (2016) Hwt (2016) Kitchen (2014) Hardwood (2012) Windows (2010) Roof (2008). No Water In 2014 Flood.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-08-11 2023-08-25 14 $1,199,900 $1,185,000 Sold
Extras
Incl: S.S.Fridge, Stove, Microwave, B/I Dw, Washer, Dryer, All Elf, All Window Coverings (Except Blackout Curtains In 2nd + 3rd Bdrms) Excl: B/O Curtains In Bdrms, Bbq, Gazebo, Bkyd Swing Set, Bkyd Storage Boxes, Bsmt Freezer Wall Unit.
Property Features
Fenced Yard, Park, Public Transit, School
Property Details
Community
Property Type
Detached, Sidesplit 3
Approximate Sq.Ft.
1500-2000
Lot Size
65' x 111'
Fronting
North
Taxes
$3,806 (2016)
Basement
Crawl Space, Finished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain12.17' x 16.83'Fireplace, Large Window, Hardwood Floor
DiningMain8.92' x 9.97'Combined W/Living, Walk-Thru, Hardwood Floor
KitchenMain9.84' x 14.99'Stone Counter, Stainless Steel Appl, Backsplash
FamilyMain16.57' x 18.50'Vaulted Ceiling, Fireplace, W/O To Yard
DenMain9.51' x 13.91'Hardwood Floor, Window
MasterUpper10.50' x 12.34'Semi Ensuite, Large Window, Hardwood Floor
2nd BrUpper8.66' x 12.24'Closet, Large Window, Hardwood Floor
3rd BrUpper8.76' x 8.76'Closet, Large Window, Hardwood Floor
RecLower10.76' x 18.01'Window, Broadloom, Closet
LaundryLower10.99' x 12.99'
BathroomUpper7.51' x 8.99'Semi Ensuite, Separate Shower, Soaker
BathroomLower6.50' x 10.99'Heated Floor, 3 Pc Bath, Updated
Burlington Market Statistics
Burlington Price Trend
5179 Meadowhill Rd is a 3-bedroom 2-bathroom home listed for sale at $749,900, which is $533,313 (41.6%) 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 2-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 Royal Lepage Realty Plus, 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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