179 days on Market

493 CROSBY Ave, Burlington, Ontario L7R 2R6

Detached
3
2 + 1
~1300 sqft
$949,999
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Detached
3
2 + 1
~1300 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$730/sqft

Est. Mortgage$4,080/mo

Tax Amount (2024)$4,728/yr

Days On Market179 days


Description

Seize the opportunity to live in downtown Burlington! This 1.5 storey home sits on a mature 40’ x 110’ lot that is surrounded by a mix of newer multi-million-dollar homes and well-kept older homes. With endless possibilities, this is a perfect property to renovate, add-on to, or build your dream home. A short walking distance to everything downtown Burlington has to offer, like Spencer Smith Park, the Lakefront and Performing Arts Centre to name a few. Close to restaurants, shops, transit and highway access. The home has 3 bedrooms and 1.5 bathrooms and is approximately 1,300 sq ft. Basement is unfinished and has a separate walk-up entrance. Single long driveway can accommodate up to 5 cars. All measurements are approx. Home has some UFFI insulation. Fireplace condition unknown as not used in 15+yrs. The property needs updating and is being sold AS-IS. 48hr Irrevocable per 244.


Property Details

Style1 1/2 Storey
View-
Age of property1925
SqFt~1300 SqFt
Lot Size4,400 SqFt(110 x 40)
Parking Spaces5
MLS ®NumberH4198382
Community NameBurlington Waterfront
Data SourceRAHB
Listing byJudy Marsales Real Estate Ltd.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Unfinished, Separate Entrance,Walk-Up

2 Floor

Bedroom

11 x 10

Bedroom

11 x 9

Bathroom

4-Piece


Features

Lot size: 4,400 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property listed by Judy Marsales Real Estate Ltd., Brokerage

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Market Data - Burlington Waterfront

Strong Buyer's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

68 days

Compared to

2023

34 days

2022

56 days

2021

19 days

New Listings

Past 30 days

32 listings

Compared to

2023

20 listings

2022

5 listings

2021

4 listings

Units sold

Past 30 days

3 units

Compared to

2023

9 units

2022

5 units

2021

15 units

Median Sold Price

Past 30 days

$1,082,000

Compared to

2023

$1,195,000

2022

$900,000

2021

$1,400,000


Population and Demographics

Overview

Total population 22723
Average household income $136,954

Age (%)

65 and plus
28%
50 to 64
23%
20 to 34
17%
35 to 49
17%
0 to 19
15%

Household composition (%)

Single family
55%
Single person
41%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
88%
Others
4%
Spanish
2%
French
2%
Arabic
1%
Polish
1%

House tenancy (%)

Renters
50%
Owners
50%

Schools and amenities

Estimated Budget