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Price Change$4,995,000

2284 SIDEROAD 1 N/A

Rural Burlington, Burlington

$4,695,000

Detached|2-Storey
5 | 8 | 22
About this home

Incredible one year old modern home. 4650 sq ft of above grade living space, with 1700 sg ft finished walk up basement. Enjoy the beautiful views of the Escarpment and Lake Ontario, backing on to the Bruce trail and farm land. Five bedrooms all with ensuites, a Nanny suite with separate entrance. Three extra powder rooms (total. 8 bathrooms, 5 bedrooms) for convenience. Take in beautiful sunrises from the east and watch breathtaking sunsets in the west. from this one acre lot. This home has been designed with ease of living, allowing 22 parking spots on this one acre lot. The back yard has plenty of space to design your own oasis. Convenient country living on Burlington's prestigious #1 sideroad, only minutes away from all amenities. Luxury Certified.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age0-5
Size3500-5000 sq. ft.
Property Tax$10,595
Lot Size100 ft x 435 ft
mls© NumberW12435390
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%
$24,031
Property tax
$883
Heat allowance
$150
Housing costs
$25,064 / mo

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

Down payment20% · $939,000
25-yr amortization

Income needed

$771,000

gross annual household income

Payment at 4%
$19,757 / mo
Cash down
$939,000

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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