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Listed 8 days ago

5190 Ridgewell Road

Orchard, Burlington

$1,149,000

Detached|2-Storey
3 | 4 | 2
About this home

Beautifully maintained detached corner-lot home in Burlington's highly sought-after Orchard community. Bright, spacious and thoughtfully updated, featuring a sun-filled main floor with living and dining areas, breakfast nook and stylish open-concept kitchen. Upstairs offers 3 bedrooms and 2 full bathrooms, including a brand-new legally permitted addition (2023). Updates include pot lights on the main and second floors (2022) and California shutters (2018). Finished basement features a spacious bedroom, full bathroom and open recreation area, ideal for a family room, home gym, office or entertainment space. Expansive professionally landscaped backyard (2023) offers plenty of space for entertaining and relaxing, complemented by upgraded exterior lighting (2024). Ideally located in a family-friendly neighbourhood close to top-rated schools, parks, shopping, transit and major transportation routes. Beautifully updated, move-in ready and located in one of Burlington's most desirable communities. Book your private showing today!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age16-30
Size1100-1500 sq. ft.
Property Tax$5,227
Lot Size46.1 ft x 74.74 ft
mls© NumberW13879776
Listed ByCENTURY 21 PROPERTY ZONE 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%
$5,881
Property tax
$436
Heat allowance
$150
Housing costs
$6,467 / mo

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

Down payment20% · $229,800
25-yr amortization

Income needed

$199,000

gross annual household income

Payment at 4%
$4,835 / mo
Cash down
$229,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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