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    Burlington / Palmer

    14 - 1548 Newlands Cres

    For SaleNewlands Heights Townhomes
    $789,999
    Price Cut: $799,999
    3 Beds
    3 Bath
    2 Parking
    1,200 - 1,399 SQFT
    71 Days on Strata
    Est Sell Timeframe
    11 Days

    Listing History

    Unit Highlights

    Property Type:
    Townhouse
    Maintenance Fees:
    $455/mth
    Taxes:
    $2,757 (2023)
    Cost Per Sqft:
    $565 - $658/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    North West
    Possession Date:
    Flexible
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    16.41 x 11.48ft
    Kitchen
    15.75 x 7.55ft
    Dining
    8.86 x 8.86ft

    About this Listing

    Large end-unit in well-managed Newland Heights. Featuring 3 bedrooms, 3 bathrooms and a basement kitchen, this home offers lots of options for the growing family. The main level has a spacious entry foyer, ceramic tiles, and high-end laminate flooring. The large kitchen includes a breakfast bar and stainless steel appliances. The bright living room walks out to a private, fenced yard. Upstairs you will find large bedrooms, including ensuite privilege access to the bathroom, which has an upgraded vanity and a tiled tub and shower. The basement includes a cold cellar, and a rare full bathroom and kitchen, suitable as an in-law suite or teen retreat. Includes central air, an inground pool and lots of visitor parking.

    re/max escarpment realty inc.MLS® #W9034515

    Amenities

    BBQ
    Outdoor Pool
    Games Room
    Gym Room
    Concierge
    Indoor Parking

    Explore Neighbourhood

    5/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    Unknown
    Transit
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    4,172
    Average Individual Income
    $73,781
    Average Household Size
    0 persons
    Average Age
    0
    Average Household Income
    $127,569
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    18%
    20 - 34
    15%
    35 - 49
    23%
    50 - 64
    21%
    65+
    20%
    Household Income
    $0 - $30,000
    40%
    $30,000+
    22%
    $60,000+
    18%
    $90,000+
    11%
    $125,000+
    6%
    Housing Types & Tenancy
    Detached
    68%
    High Rise Apartment
    13%
    Semi Detached
    12%
    Low Rise Apartment
    2%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    95%
    Other
    4%
    Urdu
    1%
    Education
    High School
    29%
    University and Above
    25%
    College
    25%
    None
    13%
    Apprenticeship
    5%
    University Below Batchelor
    1%
    Major Field of Study
    Architecture & Engineering
    21%
    Business Management
    19%
    Social Sciences
    15%
    Health & Related Fields
    10%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Education
    5%
    Visual & Performing Arts
    4%
    Physical Sciences
    3%
    Agriculture & Natural Resources
    2%

    Price Trends

    Maintenance Fees

    Newlands Heights Townhomes vs The Palmer Area

    Building Trends At Newlands Heights Townhomes

    Days on Strata

    Units at Newlands Heights Townhomes spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Palmer

    Turnover of Units

    On average, each unit is owned for
    14.3
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 20 condos in the Palmer area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    Newlands Heights Townhomes offers the
    ?
    best value out of 20 condos in the Palmer neighbourhood

    Appreciation Rank

    Newlands Heights Townhomes has the
    ?
    highest ROI out of 20 condos in the Palmer neighbourhood

    Rental Yield

    Newlands Heights Townhomes yields the
    ?
    highest rent prices out of 20 condos in the Palmer neighbourhood

    High Demand

    Newlands Heights Townhomes is the
    ?
    most popular building out of 20 condos in the Palmer neighbourhood

    Transaction Insights at 1546-1594 Newlands Crescent

    3 Bed3 Bed + Den
    Price Range$790,000 - $810,000$785,000 - $785,800
    Avg. Cost Per Sqft$568$558
    Avg. Wait for Unit Availability61 Days118 Days
    Ratio of Units in Building67%34%

    Transactions vs Inventory

    Total number of units listed and sold in Palmer