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$999,900

$1,049,000For salePrice drop↓ $49,100 (5%)

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2024 GROVETREE Lane, Burlington - Single Family for Sale

2024 GROVETREE Lane, Burlington, Ontario, L7R4V4

3 beds3 baths4 parking2,326 ft²Listed 26 days ago

Overview

This 3-bedroom, 3-bathroom home in Burlington is for sale offering roughly 2,326 sq ft of space. Listed at $999,900, it is attractively priced about 23% below the $1,299,900 median asking price in Burlington. It has been on the market 26 days, fresher than the Burlington average of 59 days.

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Description

Beautiful Semi-Detached Home with Sunroom in a Prime Burlington Location! Welcome to this well-maintained semi-detached home nestled in a quiet, family-friendly neighbourhood. Offering 3 bedrooms and 2.5 bathrooms, this home features a bright and beautiful sunroom, perfect for relaxing and enjoying natural light throughout the year. The spacious primary bedroom boasts a walk-in closet and a private ensuite, providing a comfortable retreat. The thoughtfully designed layout offers ample living space throughout, including a fully finished basement that adds versatility for family living, guests, a home office, or hobbies. The lower-level laundry area provides added convenience, while the fully fenced backyard is ideal for outdoor enjoyment and entertaining. Ideally located within walking distance to Downtown Burlington and Spencer Smith Park, this home also offers quick access to Joseph Brant Hospital, major highways, grocery stores, restaurants, shopping centres, parks, schools, and all essential amenities. An excellent opportunity to own a beautiful home in one of Burlington's most desirable and convenient locations. (id:66096)

Property Details

MLS®: 40870164
Property Type: Single Family
Zoning: R3.2, RM4-125
Bedrooms: 3
Beds (above / below): 1 above · 2 below
Bathrooms: 3
Half Baths: 1
Parking: 4
Interior Size: 2,326 ft²
Frontage: 19 ft
Year Built: 1998
Storeys: 1
Style: Other
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage
Ownership

Rooms

Basement

Exercise room: 10'2'' x 14'0''
Bedroom: 9'5'' x 11'5''
Bedroom: 12'6'' x 12'2''
4pc Bathroom
Family room: 11'6'' x 15'2''

Second level

4pc Bathroom
Primary Bedroom: 9'6'' x 19'6''

Lower level

Laundry room: 6'6'' x 10'1''
2pc Bathroom

Main level

Sunroom: 11'8'' x 14'0''

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan, Garage door opener
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Skylight, Sump Pump

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

26d

Burlington listings, avg age

59d

Price / ft²

$430

List price

$1000K

Homes here sell faster than most markets

Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 3-bed single family in Burlington has been listed for 26 days, which is 33 days fresher than the city average of 59. Act while there is still low competition.

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Listed by CENTURY 21 GREEN REALTY INC · Nalin Gunasekara

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7R)

This home lists at $999,900, about 11.6× the local median household income of $86,000.

Carrying it typically needs a household income of about $195,315 (20% down, 25-yr amortization, stress-tested) — roughly 127% above the area median.

Median household income: $86,000
Population: 17,338
Median age: 45.2
Owner / renter: 49% / 51%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA L7R)

$999,900· $430/ft²

For sale

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Full Cost Breakdown

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Down Payment7.50% · $74,990

Min 7.50%50%

Mortgage payment$5,128/mo

↳ CMHC premium ($36,996 capitalized)

Property tax (est.)$526/mo

Total monthly$5,654

Cash Needed to Close

Down payment (7.50%)$74,990

Land transfer tax$16,473

Est. closing costs$5,500

Total cash needed$96,963

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Open house

2024 GROVETREE Lane, Burlington - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L7R)

Book a showing

Full Cost Breakdown