5255 Lakeshore Rd 20

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5255 Lakeshore Rd 20, Burlington
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2
BEDROOMS
4
BATHROOMS
1
KITCHENS
6 + 3
ROOMS
W4159519
MLSID
Contact Us
Property Description
Newport Village By The Lake. Originally 3 Bed Converted To 2 Larger Beds Both With Their Own Ensuite Baths. Luxurious Finishes Throughout This Fully Renovated Unit. Hardwood Flrs, Custom Kitchen, Main Floor Laundry, Fully Finished Basement. This Is The One Your Client's Have Been Waiting For!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-09-07 2022-09-23 16 $949,900 $949,900 Sold
Extras
Inclusions: Fridge, Stove, B/I Dishwasher, Washer & Dryer, Elfs, W/C
Property Details
Community
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
1600-1799
Taxes
$3,583 (2018)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain25.98' x 10.89'Combined W/Dining
KitchenMain7.97' x 15.09'
FamilyMain14.21' x 11.38'
Br2nd14.80' x 13.48'
Br2nd10.50' x 16.08'
RecBsmt13.19' x 21.19'
Burlington Market Statistics
Burlington Price Trend
5255 Lakeshore Rd 20 is a 2-bedroom 4-bathroom townhome listed for sale at $799,000, which is $11,984 (1.5%) higher than the average sold price of $787,016 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 2 bedroom townhome in Burlington increased by $29,401 (3.9%) compared to the previous 30 day period (February 25 - March 25) and down $7,931 (1.0%) from the same time one year ago.
Inventory Change
There were 22 2-bedroom townhomes listed in Burlington over the last 30 days (March 26 - April 24), which is up 37.5% compared with the previous 30 day period (February 25 - March 25) and up 37.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom townhomes in Burlington typically sold ($9,660) (1.2%) below asking price over the last 30 days (March 26 - April 24), which represents a $2,320 decrease compared to the previous 30 day period (February 25 - March 25) and ($5,471) less 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 2-bedroom townhomes in Burlington over the last 30 days (March 26 - April 24) stood at 140.9%, up from 100.0% over the previous 30 days (February 25 - March 25) and up from 131.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 4-bathroom townhome in Burlington stood at 15 days when successfully sold over the last 30 days (March 26 - April 24), compared to 38 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Miller Real Estate Ltd., Brokerage
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