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Shoreacres, Burlington
$1,449,000
Renovated bungalow in sought-after Shoreacres offering 3+2 bedrooms and 2 updated bathrooms. The open-concept main floor features a renovated kitchen with quartz countertops, stainless steel appliances and laminate flooring throughout. The private primary bedroom is thoughtfully separated from the two additional main-floor bedrooms. The finished lower level offers 2 more bedrooms, a full bathroom and spacious recreation area. Set on a private, mature lot south of Spruce Avenue, this property offers endless possibilities. Move in and enjoy, renovate further, or build your dream home. Custom plans are available for a stunning 3,300 sq. ft. two-storey residence. An exceptional opportunity in one of Burlington's most desirable neighbourhoods, just steps from the lake and parks.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $6,500 |
| Lot Size | 65 ft x 120 ft |
| mls© Number | W13677094 |
| Listed By | RE/MAX ESCARPMENT REALTY INC. |
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%
- $7,417
- Property tax
- $542
- Heat allowance
- $150
- Housing costs
- $8,108 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$249,000
gross annual household income
- Payment at 4%
- $6,098 / mo
- Cash down
- $289,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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