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Listed 2 months ago

3938 Koenig Road

Alton, Burlington

$1,398,000

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

Set in Burlington's Alton Village, a family-friendly community with parks, schools, and easy access to Dundas Street and the 407, this exceptionaldetached home offers just over 3,000 sq ft of well-designed living space. Featuring 4 spacious bedrooms above grade, a striking 2-storey foyer,9-foot ceilings, oak hardwood floors, and a gourmet kitchen with granite counters and an extended breakfast bar that flows into a warm, invitinggreat room with a gas fireplace. The upper level includes generous bedrooms, highlighted by a primary retreat with a walk-in closet and ensuitewith a frameless glass shower, along with a family room and covered balcony. The fully finished basement adds outstanding versatility with aseparate entrance, full kitchen, bedroom, and bathroom, making it ideal for in-law or multi-generational living. Complete with a double-car garageand set on a quiet, well-established street, this home offers a strong combination of space, function, and flexibility.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNew
Size3000-3500 sq. ft.
Property Tax$7,306
Lot Size36 ft x 86 ft
mls© NumberW13470836
Listed ByRE/MAX REALTY ENTERPRISES 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%
$7,156
Property tax
$609
Heat allowance
$150
Housing costs
$7,914 / mo

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

Down payment20% · $279,600
25-yr amortization

Income needed

$244,000

gross annual household income

Payment at 4%
$5,883 / mo
Cash down
$279,600

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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