November Featured Condo

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504-1477 Lakeshore Road, Burlington:

Rarely offered South facing 1,407 sf condo in the prestigious Bunton’s Wharf Condominium. This outstanding amenity rich condo is located on Lakeshore and in the heart of all the action. It has a unique location in our downtown being that it borders along Spencer’s Smith Park and has true protected waterfront views. This 2 bed (1+den conversion see floor plan), 2 bath condo has lake views from every room. Enjoy the sunny South facing balcony off the living area that perfectly captures panoramic lake, park and pier views. Enjoy the well-appointed kitchen with stainless steel appliances, granite countertops and large pantry/laundry room. The layout is extremely functional having well-appointed space in the living/dining area that is great for entertaining. The master boasts floor to ceiling windows with lake views and a 5-piece spa-like ensuite bath. The second bedroom was converted to a large open den at the time of building construction. The second bedroom/den has floor to ceiling windows and is in excellent proximity to the main bathroom. This property includes a premium tandem underground parking spot (Level A, P1 #1) and two storage lockers (Level P1, #43 & Level 5, #9), one locker being conveniently located on the same floor as the unit and the in the parking garage by spaces.

For More information email: info@daviescondos.ca

September Stats are Here!

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Hamilton, ON (October 2, 2019) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,020 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in September 2019. September sales are down from August and July, but are up from September 2018 by 3.2 per cent. The average price for residential properties increased by 8.5 per cent from September 2018 to $609,562.

 

“With an increase in the number of homes currently available, and a more relaxed pace in the market, this may be an ideal opportunity for buyers to purchase their dream home,” says RAHB President Bob Van de Vrande.”

 

The number of sales for detached single family properties within the entire RAHB market increased by 6.7 per cent compared to the same month last year, and the average sale price increased by 8.7 per cent. Townhouse sales activity across the entire RAHB market area decreased from September 2018 by 7.4 per cent, and the average townhouse sale price increased by 6 per cent to $513,770. Apartment-style property sales increased by 6 per cent from September 2018, and the average price decreased by 2.6 per cent.

 

“Average sale prices were up from September 2018 in all four of RAHB’s major communities, yet property activity varied when we look at the smaller individual communities,” adds Van de Vrande. “This is why working with a local REALTOR® is so important – we have the data, resources and first-hand knowledge of the communities in which we live and work.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

 

*Average sale price can be useful in establishing long-term trends, but should not be used as an indicator that specific properties have increased or decreased in value. Talk to your local REALTOR®.