551 Maple Ave 1108

Brant, Burlington, L7S 1M7
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551 Maple Ave 1108, Burlington
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
W3669807
MLSID
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Property Description
Beautiful Unit In Strata, Built By Molinaro Group, 2013. Upgr Kitch W Quartz Counters & S. Steel Appls. 9' Ceilings, Laminate Flrs & Balcony W Escarpment Views . Roof Top Indoor Pool, Gym/Yoga Studio, Party Rm W Gas Bbq, 24Hr Security, Rec/Games Rm. Close To Downtwn Burlington, Mapleview Mall, Hospital & Hwys. Incl 1 Undergrd Pkg Space & 1 Locker. Tenant Willing To Stay Longer Than Lease. Seller Is A Registered Real Estate Agent. Book Your Showing Today. Rsa
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-03-12 2020-03-19 7 $489,900 $487,500 Sold
Extras
Inclusions: Stainless Steel Fridge, Stainless Steel Stove, Dishwasher, Built-In Microwave, Clothes Washer, Clothes Dryer. Exclusions: Tenant's Belongings.
Property Features
Arts Centre, Beach, Hospital, Public Transit
Property Details
Street
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,247 (2016)
Basement
Apartment
Exterior
Brick
Heat Included
Yes
Heat Type
Other
Heat Source
Grnd Srce
Air Conditioning
Other
Elevator
Yes
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat10.99' x 18.47'Laminate, Combined W/Dining
KitchenFlat7.64' x 8.50'Backsplash, Stainless Steel Appl, Breakfast Bar
MasterFlat9.97' x 12.80'W/I Closet, Laminate
Burlington Market Statistics
Burlington Price Trend
551 Maple Ave 1108 is a 1-bedroom 1-bathroom condo listed for sale at $359,900, which is $172,503 (32.4%) lower than the average sold price of $532,403 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 1 bedroom condo in Burlington declined by $1,364 (0.3%) compared to the previous 30 day period (February 25 - March 25) and up $12,191 (2.3%) from the same time one year ago.
Inventory Change
There were 43 1-bedroom condos listed in Burlington over the last 30 days (March 26 - April 24), which is up 16.2% compared with the previous 30 day period (February 25 - March 25) and up 152.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Burlington typically sold ($12,892) (2.4%) below asking price over the last 30 days (March 26 - April 24), which represents a $5,975 decrease compared to the previous 30 day period (February 25 - March 25) and ($9,612) 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 1-bedroom condos in Burlington over the last 30 days (March 26 - April 24) stood at 60.5%, down from 75.7% over the previous 30 days (February 25 - March 25) and down from 141.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Burlington stood at 44 days when successfully sold over the last 30 days (March 26 - April 24), compared to 92 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc., Brokerage
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