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Listed 16 days ago

271 Linden Avenue

Shoreacres, Burlington

$1,474,000

Detached|Bungalow
3 | 2 | 3
About this home

Renovated bungalow in Shoreacres offering 3+2 bedrooms and 2 renovated bathrooms. Open-concept main floor with a renovated kitchen featuring quartz countertops, stainless steel appliances, and laminate flooring. The primary bedroom is set apart from the other two main-floor bedrooms. Finished lower level with 2 additional bedrooms, a full bathroom, and recreation space.Situated on a private, mature lot south of Spruce Avenue. Move in, renovate further, or build your dream home. Plans are available for a custom 3,300 sq. ft. two-storey residence. A great opportunity in one of Burlington's most desirable neighbourhoods, just steps to the lake and parks.

Extras

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  • Sun, Aug 9

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Got questions?

Contact Angela directly.

agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$6,500
Lot Size65 ft x 120 ft
mls© NumberW13582950
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%
$7,545
Property tax
$542
Heat allowance
$150
Housing costs
$8,236 / mo

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

Down payment20% · $294,800
25-yr amortization

Income needed

$253,000

gross annual household income

Payment at 4%
$6,203 / mo
Cash down
$294,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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