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Price Change$1,400,000

283 Plains Road W

Bayview, Burlington

$1,399,000

Detached|2 1/2 Storey
5 | 4 | 6
About this home

A RARE find with room for everyone-and potential for so much more! This one-of-a-kind FIVE-bedroom 1920s character home combines generous family living, home based business possibilities and an entertainer's backyard, all tucked behind a wrap-around porch. Inside, exposed wood beams and wooden barn doors bring warmth and architectural character to the open-concept main level. At the heart of the home is a custom kitchen featuring extensive cabinetry and an impressive oversized granite island-perfect for entertaining friends and family The kitchen, dining area and inviting TV room flow effortlessly together, while the gas fireplace creates a warm and comfortable atmosphere. Direct access to the backyard extends the living space outdoors for seamless indoor-outdoor entertaining. The private backyard feels like a retreat of its own with an outdoor kitchen, fire table and hot tub. From peaceful mornings to lively summer nights, this is a space designed to be enjoyed. The spacious primary bedroom offers a private escape complete with ensuite, walk-in closet and access to a large balcony overlooking the backyard-the perfect place to enjoy a morning coffee or unwind at the end of the day. Four additional bedrooms provide plenty of space for a large family, overnight guests, home offices or creative pursuits. The finished basement brings another dimension to the property. With two separate entrances, a bathroom and multiple finished areas. It offers exceptional potential for a professional office, home gym, recreation area or creative workspace. Tucked away is a hidden room currently used as a guitar and music studio, with exciting potential for recording, podcasting, content creation or a teen retreat. Beyond the home itself, the property may offer potential for an ADU or future residential development. Close to parks, schools, Go station, HWY, shops and restaurants This is more than a character home-it's a place to work, gather, create and invest in the future!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2 1/2 Storey
Approx. Age100+
Size2500-3000 sq. ft.
Property Tax$5,970
Lot Size50 ft x 165.03 ft
mls© NumberW13827410
Listed ByRE/MAX REAL ESTATE CENTRE INC.

Listing History

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  • 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%
$7,161
Property tax
$498
Heat allowance
$150
Housing costs
$7,808 / mo

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

Down payment20% · $279,800
25-yr amortization

Income needed

$240,000

gross annual household income

Payment at 4%
$5,887 / mo
Cash down
$279,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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