707 Mullin Way

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707 Mullin Way, Burlington
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
10
ROOMS
W3929596
MLSID
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Property Description
Charming Bungalow With A Spacious Family Room Addition Nestled On A Mature Landscaped Lot In Prime South East Burlington. Sought After Family Friendly Area Within Close Proximity To Every Imaginable Amenity. A Great Opportunity To Make This One Your Own!
Extras
Incl: Existing Fridge, Stove, B/I D/W, Washer,Dryer,Window Coverings, Light Fixtures, Built In Microwave (To Be Replaced - Current Microwave Not Working), Electric Fireplace In Family Room Exclusion: Pool
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
45' x 112'
Fronting
South
Taxes
$3,743 (2017)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
Burlington Market Statistics
Burlington Price Trend
707 Mullin Way is a 3-bedroom 2-bathroom home listed for sale at $699,900, which is $505,679 (41.9%) lower than the average sold price of $1,205,579 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 3 bedroom home in Burlington increased by $40,705 (3.5%) compared to the previous 30 day period (February 19 - March 19) and up $12,580 (1.1%) from the same time one year ago.
Inventory Change
There were 108 3-bedroom homes listed in Burlington over the last 30 days (March 20 - April 18), which is up 36.7% compared with the previous 30 day period (February 19 - March 19) and up 14.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Burlington typically sold $19,434 (1.6%) above asking price over the last 30 days (March 20 - April 18), which represents a $30,097 increase compared to the previous 30 day period (February 19 - March 19) and ($6,516) 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 20 - April 18) stood at 89.8%, down from 93.7% over the previous 30 days (February 19 - March 19) and down from 94.7% 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 20 - April 18), compared to 40 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Realty Plus Oakville, 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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