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Listed 9 days ago

502 Karen Drive

Brant, Burlington

$1,599,000

Detached|Sidesplit
3 | 3 | 4
About this home

Set on an oversized, mature lot in Central Burlington, this beautifully updated 4-bedroom, 3-bathroom home offers 2,498 sq. ft. of thoughtfully designed living space. The spacious 4-level sidesplit showcases a newly renovated open-concept kitchen with new stainless steel appliances, seamlessly connected to the living and dining areas, with new flooring throughout. The upper level features a generous Primary bedroom with a spacious walk-in closet and spa-inspired ensuite with heated floors. Two additional bedrooms and a 4-piece bathroom complete this level. The main level offers an additional family room with a gas fireplace, custom built-ins and new windows overlooking the landscaped backyard. The lower level provides an additional bedroom, 3-piece bathroom, laundry room and an abundance of storage space. Outside, enjoy your own private backyard retreat featuring a separately fenced 18' x 36' natural gas heated in-ground pool with an updated pump and filter. A deck off the dining room extends to a spacious entertaining area with a gazebo, all surrounded by beautiful specimen trees and mature gardens. Conveniently located minutes to downtown, shops, schools and major highways, this home offers an exceptional blend of space, privacy and location.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleSidesplit
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$7,676
Lot Size63.83 ft x 131.87 ft
mls© NumberW13870750
Listed ByRE/MAX ESCARPMENT REALTY 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%
$8,184
Property tax
$640
Heat allowance
$150
Housing costs
$8,974 / mo

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

Down payment20% · $319,800
25-yr amortization

Income needed

$276,000

gross annual household income

Payment at 4%
$6,729 / mo
Cash down
$319,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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