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New5 days ago

509 Walnut Crescent

Roseland, Burlington

$1,039,000

Detached|Bungalow
3 | 2 | 3
About this home

Some homes are more than brick and mortar; they are a reflection of the lives, love, and memories held within them. Lovingly cared for by its original owners since 1957, this traditional brick bungalow offers the opportunity to own a home with genuine character, warmth, and a story spanning generations. Step through the front door into a welcoming foyer, where the spacious living room awaits to the right. The bay window is the star of the room, overlooking the mature trees, established landscaping, and peaceful surroundings of this sought-after court location. At the heart of the home, the eat-in kitchen offers plenty of counter space and storage, along with a dedicated dining area and sliding door to the deck and garden. Beyond the kitchen lies one of the property's true treasures: a backyard lovingly nurtured over decades. A personal labour of love, it reflects years of planting, gardening, harvesting, and caring for a space that has meant so much to its owner. Down the hall, three bedrooms and a remodelled bathroom with walk-in shower provide comfortable main-floor living. The lower level, accessible from the kitchen or a separate side entrance, extends the home's living space with an extra-large family room featuring a gas fireplace, three-piece bathroom, laundry room, workshop, and additional bedroom. A space that has welcomed family gatherings, holiday celebrations, visiting guests, and quiet evenings over the years, the lower level carries the character and memories of the decades that came before. Outside, the driveway provides parking for three cars, while the expansive backyard offers room to garden, relax, and enjoy the outdoors. Located in a prime, established neighbourhood, this property offers possibilities for a first-time buyer, downsizer, or builder looking to contribute to the ever-changing landscape of the community. A well-loved home with a meaningful history, an exceptional setting, and opportunity for the next chapter.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$5,229
Lot Size54.41 ft x 116.98 ft
mls© NumberW13825564
Listed ByCENTURY 21 HERITAGE GROUP LTD.

Listing History

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

Schools

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What the bank counts

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

Mortgage, tested at 6%
$5,318
Property tax
$436
Heat allowance
$150
Housing costs
$5,904 / mo

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

Down payment20% · $207,800
25-yr amortization

Income needed

$182,000

gross annual household income

Payment at 4%
$4,372 / mo
Cash down
$207,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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