Burlington home sells for $800,000 more in less than a year
Published March 11, 2022 at 1:47 pm
A Burlington house sold for more than $800,000 more than it did when it sold last August.
The five-bedroom home at 38 Flatt Rd. sold for $1,356,000 last year and was listed at $1,599,999 a couple of weeks ago. It only took two days before it sold for $2,170,000.
The large home sits on a one-acre lot and backs onto a ravine in the largely rural neighbourhood.
Described as an ‘entertainers dream’, some of the special touches include a kitchen island, quartz counters, pot lights, engineered hardwood floors, fireplace, lots of parking and a firepit in the backyard.
Home prices in Burlington, and across the GTA, have been on a sharp increase recently, due mainly to a very limited supply.
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Prices are up over 50 per cent from last year for detached homes in rural Burlington and the median price for the last nine listings in the area was $2,265,000.
