705 Cumberland Ave 2

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705 Cumberland Ave 2, Burlington
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
W4014835
MLSID
Contact Us
Property Description
Bright And Airy Top Floor Corner Unit! Features Incl Parquet Flooring, California Shutters, Large Eat In Kitchen, Spacious Family Room With Walkout To A Sunny Balcony. Two Generous Sized Bedrooms, Master W/Ensuite Privilege, Main Floor Laundry, Attached Single Car Garage And One Outside Private Spot. Excellent Location Within Walking Distance To Burlington Mall, Restaurants, Transit And Schools. Rsa Possession Tbd
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-07-19 2023-07-21 2 $599,900 $658,000 Sold
Extras
Inclusions: Washer, Dryer, Fridge, Stove
Property Features
Level, Public Transit, School, School Bus Route
Property Details
Community
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
1200-1399
Taxes
$2,466 (2017)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
Living2nd48.56' x 59.06'
Kitchen2nd54.46' x 64.63'Eat-In Kitchen
Master2nd42.65' x 52.17'
2nd Br2nd29.86' x 47.24'
Burlington Market Statistics
Burlington Price Trend
705 Cumberland Ave 2 is a 2-bedroom 1-bathroom townhome listed for sale at $449,900, which is $307,715 (40.6%) lower than the average sold price of $757,615 in the last 30 days (February 26 - March 26). During the last 30 days the average sold price for a 2 bedroom townhome in Burlington declined by $149,329 (16.5%) compared to the previous 30 day period (January 27 - February 25) and down $82,380 (9.8%) from the same time one year ago.
Inventory Change
There were 17 2-bedroom townhomes listed in Burlington over the last 30 days (February 26 - March 26), which is up 13.3% compared with the previous 30 day period (January 27 - February 25) and down 22.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom townhomes in Burlington typically sold ($7,340) (1.0%) below asking price over the last 30 days (February 26 - March 26), which represents a $14,182 increase compared to the previous 30 day period (January 27 - February 25) and ($11,470) 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 2-bedroom townhomes in Burlington over the last 30 days (February 26 - March 26) stood at 94.1%, down from 120.0% over the previous 30 days (January 27 - February 25) and up from 90.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom townhome in Burlington stood at 26 days when successfully sold over the last 30 days (February 26 - March 26), compared to 43 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Edge Realty, Brokerage, Brokerage
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