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Bronte Creek, Burlington
$2,990,000
Set on an approximately 1-acre parcel land with development potential (under business corridor employment land as per Burlington-Official-Plan-2020-2025-07-31 on city website), this unique property offers exceptional land value, income potential.The existing residence provides excellent flexibility with three separate living spaces. The renovated main floor features a spacious 3-bedroom unit, while the lower level offers two additional in-law suite units, including a 2-bedroom suite and a 1-bedroom suite, each with its own kitchen and bathroom. This setup is ideal for multi-generational living, owner-occupancy with rental income, or investors seeking holding income while exploring future land-use opportunities.Surrounded by a peaceful, park-like setting with nature at your doorstep and Bronte Creek nearby, this property feels like "Muskoka in the city." Enjoy privacy, mature greenery, and a tranquil natural backdrop while remaining close to major roads, shopping, schools, transit, and Burlington & Oakville amenities including Oakville Trafalgar Memorial Hospital. Whether you are looking to live in one unit and rent the others, hold as a long-term land bank investment, or explore redevelopment potential, the possibilities are endless. A rare opportunity to secure a large parcel in a growing Burlington corridor with existing income-producing potential. Offers any time.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,985 |
| Lot Size | 100.6 ft x 391.9 ft |
| mls© Number | W13435514 |
| Listed By | Re/Max Hallmark Realty 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%
- $15,304
- Property tax
- $499
- Heat allowance
- $150
- Housing costs
- $15,953 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$491,000
gross annual household income
- Payment at 4%
- $12,582 / mo
- Cash down
- $598,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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