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New4 days ago

4334 Spruce Avenue

Shoreacres, Burlington

$1,375,000

Detached|Bungalow
3 | 2 | 3
About this home

Highly sought-after Shoreacres neighbourhood in South Burlington. Walk to Lake Ontario, Breckon Park, waterfront trails, top-rated schools, and local amenities. Timeless & updated bungalow exudes Pride of Ownership throughout and sits on premium manicured 78 ft wide by 125 ft lot , adorned with mature trees, lush perennial gardens, sprinkler system, large stone patio, and generous driveway. Presenting 2,249 square feet of beautifully maintained living space including fully finished basement-this move-in ready home is completely turn-key! Features include hardwood floors through the bright living room, formal dining area, hallway, and all three spacious main-floor bedrooms. Bright living room showcases a fireplace centerpiece and expansive front picture window overlooking the beautifully landscaped grounds. Elegant crown moulding extends into the adjacent dining room. Inviting kitchen offers quality Electrolux range, Kenmore dishwasher, LG refrigerator plus convenient access to the outdoors. Pristine main level four-piece bathroom. Lower level provides a massive recreation room perfect for a home theatre or play/games area plus oversized fourth bdrm/home office, three-piece bathroom, dedicated laundry room with washer, dryer, and extensive storage utility space. From its meticulously maintained interior features to the private tree-lined backyard this remarkable property delivers an exceptional lifestyle opportunity in one of Burlington's most desirable neighborhoods.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,945
Lot Size78.17 ft x 125.28 ft
mls© NumberW13830456
Listed ByHODGINS REALTY GROUP INC.

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%
$7,038
Property tax
$579
Heat allowance
$150
Housing costs
$7,767 / mo

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

Down payment20% · $275,000
25-yr amortization

Income needed

$239,000

gross annual household income

Payment at 4%
$5,786 / mo
Cash down
$275,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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