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Listed 19 days ago

5372 Spruce Avenue

Appleby, Burlington

$1,200,000

Detached|2-Storey
5 | 3 | 4
About this home

Welcome to a truly unique home designed for families who need room to grow, gather and live comfortably together. Set in a beautiful, family-friendly neighbourhood, this property offers thoughtfully finished living spaces and an incredibly versatile layout ideal for growing or multi-generational families. The bright and inviting main floor features a spacious living area, updated eat-in kitchen with an island and an abundance of storage, three generous bedrooms and a renovated 3-piece bath. A sunroom with a cozy fireplace provides an inviting space to relax and enjoy year-round. Upstairs, discover an impressive separate living space complete with its own kitchen, dining/living area, fireplace, two additional bedrooms and a 3-piece bath, offering wonderful flexibility for extended family, guests, older children or a private work-from-home retreat. The finished basement provides even more usable living space, an additional bathroom and a separate laundry room. Outside, your own private backyard oasis awaits. Surrounded by lush greenery, the in-ground pool and secluded setting create the perfect backdrop for summer entertaining, family gatherings or quiet afternoons at home. With multiple living areas, five bedrooms and spaces that can evolve along with your family's needs, this is far more than a traditional family home, it's a rare opportunity to find flexibility, privacy and togetherness all under one roof. Taxes estimated as per city's website. Property is being sold under Power of Sale. Sold as is, where is. RSA.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,714
Lot Size60 ft x 105 ft
mls© NumberW13672512
Listed BySOLID ROCK REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,142
Property tax
$643
Heat allowance
$150
Housing costs
$6,935 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $240,000
25-yr amortization

Income needed

$213,000

gross annual household income

Payment at 4%
$5,050 / mo
Cash down
$240,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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