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New6 days ago

3346 Palmer Drive

Palmer, Burlington

$1,099,000

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

Welcome to 3346 Palmer Drive, a spacious detached home offering approximately 2,300 sq. ft. of living space on a desirable 50 x 100 ft. lot in Burlington's Palmer community. Featuring 4 bedrooms and 3 baths, this home offers a functional layout with plenty of space for a growing family. The main level features generous principal rooms, a comfortable living and dining area, and a kitchen with excellent potential for future updates. Four well-sized bedrooms provide ample family accommodation, while the backyard offers great outdoor space for family time, entertaining and gardening. The property offers convenient parking with a double garage and double driveway, accommodating up to four vehicles. Just approximately 200 metres from Palmer Park, featuring a children's playground, baseball diamond, sports field, tennis courts and basketball courts. Enjoy convenient access to Burlington and Appleby GO Stations, major highways, shopping, restaurants and everyday amenities. Located within the school districts for Sir Ernest MacMillan Public School and M.M. Robinson High School. Offered in its current 'as-is condition', this home presents an excellent opportunity for buyers looking to renovate, personalize and create a home that reflects their own style and needs. An excellent opportunity in a family-friendly Burlington neighbourhood, you don't want to miss.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age31-50
Size2000-2500 sq. ft.
Property Tax$5,577
Lot Size50 ft x 100 ft
mls© NumberW13821888
Listed ByKeller Williams Edge 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%
$5,625
Property tax
$465
Heat allowance
$150
Housing costs
$6,240 / mo

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

Down payment20% · $219,800
25-yr amortization

Income needed

$192,000

gross annual household income

Payment at 4%
$4,625 / mo
Cash down
$219,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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