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Listed 9 days ago

225 Lakeside Avenue

Roseland, Burlington

$2,895,000

Detached|2-Storey
4 | 5 | 8
About this home

Custom 3,558 sq.ft. family home in sought-after Tuck/Nelson school district location and just steps from the lake! Gorgeous main level with 9' ceilings and loads of natural light that features an oversized eat-in kitchen with granite, stainless steel appliances, wine fridge, large pantry, convenient access to the spacious family room with gas fireplace and a walk-out to a partially covered terrace and private mature yard! Separate dining room, office/den, 2-piece bathroom and mudroom with inside entry from the double garage. Stunning upper level that also features 9' ceilings and is highlighted by the primary suite with 5-piece ensuite, oversized walk-in closet and spectacular vaulted ceiling! 3 additional bedrooms, one of which has a 4-piece ensuite and a 5-piece main bathroom for the other two bedrooms to share. Professionally finished lower level that has an additional bedroom, a 3-piece bathroom, a spacious laundry room with sink, ample storage and a rec room with gas fireplace and bar area! Additional features and finishes include hardwood floors, crown moulding, pot lighting, California shutters, built-in audio speakers, central vac, a 200-amp electrical service, EV charger, irrigation, double drive with parking for 6 cars and extensive use of exterior stone! 4+1 bedrooms and 4.5 bathrooms. Luxury Certified.

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age6-15
Size3500-5000 sq. ft.
Property Tax$14,823
Lot Size75 ft x 110.79 ft
mls© NumberW13870680
Listed ByRE/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%
$14,818
Property tax
$1,235
Heat allowance
$150
Housing costs
$16,203 / mo

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

Down payment20% · $579,000
25-yr amortization

Income needed

$499,000

gross annual household income

Payment at 4%
$12,183 / mo
Cash down
$579,000

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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