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New1 day ago

785 Hillsdale Avenue

Grindstone, Burlington

$949,000

Detached|2-Storey
3 | 2 | 6
About this home

A rare opportunity on a generous lot close to the Botanical Gardens in Burlington; Held by the same family for generations, 785 Hillsdale Avenue offers an older home on a beautiful lot, tucked away off the beaten path. Both central to amenities yet private, this ravine lot is under the jurisdiction of the Halton Conservation Authority. Legally described as 4 lots, the property spans 174 ft across with a 110 ft depth. Mature trees and shrubs, flowering perennials, and several outbuildings speckle the property. Set up high on a promontory with a beautiful view, the existing home is tucked away in Burlington's established Aldershot West community .The home has been maintained over the years but requires updating, while the property may also appeal to Buyers exploring its potential, subject to all planning approvals regarding use and redevelopment. Bring your vision and your plans, and explore what this unique and timeless property has to offer.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,726
Lot Size174 ft x 110 ft
mls© NumberW14083016
Listed ByBOSLEY REAL ESTATE LTD.,

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%
$4,857
Property tax
$311
Heat allowance
$150
Housing costs
$5,318 / mo

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

Down payment20% · $189,800
25-yr amortization

Income needed

$164,000

gross annual household income

Payment at 4%
$3,994 / mo
Cash down
$189,800

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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