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Price Change$1,149,900

1412 Old York Road

Grindstone, Burlington

$1,100,000

Detached|Bungalow
2 | 1 | 5
About this home

An exceptional 2 acre property within the Burlington city limits offering a rare combination of space privacy and long term potential. This expansive double lot measuring approximately 120 by 728 feet presents outstanding flexibility and is ideal for renovating the existing home building a custom estate or exploring the possibility of future severance. The sprawling backyard opens onto a serene wooded landscape complete with a private forest a gentle stream and a natural clearing creating a peaceful retreat that feels far removed from the city. Enjoy the charm of country style living while remaining just minutes from Burlington shops restaurants and convenient highway access. Properties of this size and setting are rarely available making this a truly special opportunity that is private picturesque and full of potential.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size< 700 sq. ft.
Property Tax$5,256
Lot Size120 ft x 728 ft
mls© NumberW12771836
Listed ByRE/MAX ESCARPMENT GOLFI REALTY INC.

Listing History

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  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,630
Property tax
$438
Heat allowance
$150
Housing costs
$6,218 / mo

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

Down payment20% · $220,000
25-yr amortization

Income needed

$191,000

gross annual household income

Payment at 4%
$4,629 / mo
Cash down
$220,000

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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