5300 Cedar Springs Rd

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5300 Cedar Springs Rd, Burlington
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4 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
8
ROOMS
W4169645
MLSID
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Property Description
Stunning Views Of Rolling Forested Conservation Land Just 15 Minutes North Of The City! 1.240 Acre Lot Across From Burlington Springs Golf Club. Beautiful Mature Trees & Generous Greenspace Providing The Ultimate Tranquil And Private Setting. This 4+1 Br, 3 Full Bath, 2358 Sf Updated Home. New Hardwoods On The Main Floor, Designer Colours, Updated Open Concept Kitchen W/Breakfast Bar, Huge Lr W/Woodburning Fireplace, Dr, Mudroom, Floor To Ceiling Windows
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-06-06 2019-06-23 17 $1,149,900 $1,015,000 Sold
2019-04-09 2019-06-05 57 $1,198,500 - Terminated
2018-09-12 2018-11-12 61 $1,228,000 - Expired
Extras
Incl: Elfs, Wdw Cvrgs, Fridge, Cktop, B/I Oven &Dw, W/D, Shed. Excl: Lr & Dr Curtains, Satellite Dish For Garage.1%+Hst Red To Cooperating Broker Comm If Buyer (Or Buyer's Family) Is Shown By Listing Brokerage & Then Brings Successful Offer
Property Features
Grnbelt/Conserv
Property Details
Property Type
Detached, Sidesplit 4
Approximate Sq.Ft.
2000-2500
Lot Size
135' x 400'
Acreage
.50-1.99
Lot Irregularities
400.71 X 135.22 X 400.84 X 135.27'
Fronting
West
Taxes
$4,124 (2018)
Basement
Full, Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Oil
Air Conditioning
Central Air
Water
Well
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain12.11' x 30.28'Combined W/Dining, Hardwood Floor, Sliding Doors
KitchenMain10.70' x 20.01'Hardwood Floor
FamilyMain10.99' x 18.11'Broadloom, Pot Lights, Sliding Doors
Master2nd15.29' x 12.80'3 Pc Ensuite, Balcony
2nd Br2nd9.81' x 12.01'Balcony
3rd Br2nd10.30' x 11.09'
4th Br2nd10.01' x 8.89'
5th BrMain8.89' x 11.29'
Burlington Market Statistics
Burlington Price Trend
5300 Cedar Springs Rd is a 4-bedroom 3-bathroom home listed for sale at $1,280,000, which is $300,966 (19.0%) lower than the average sold price of $1,580,966 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 4 bedroom home in Burlington declined by $155,912 (9.0%) compared to the previous 30 day period (January 28 - February 26) and up $23,844 (1.5%) from the same time one year ago.
Inventory Change
There were 71 4-bedroom homes listed in Burlington over the last 30 days (February 27 - March 27), which is up 47.9% compared with the previous 30 day period (January 28 - February 26) and up 61.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Burlington typically sold ($4,272) (0.3%) below asking price over the last 30 days (February 27 - March 27), which represents a $71,646 increase compared to the previous 30 day period (January 28 - February 26) and ($35,791) 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 4-bedroom homes in Burlington over the last 30 days (February 27 - March 27) stood at 83.1%, up from 68.8% over the previous 30 days (January 28 - February 26) and down from 102.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Burlington stood at 16 days when successfully sold over the last 30 days (February 27 - March 27), compared to 62 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Real Estate Services Ltd., Brokerage
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