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Shoreacres, Burlington
$1,474,000
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.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $6,500 |
| Lot Size | 65 ft x 120 ft |
| mls© Number | W13582950 |
| Listed By | RE/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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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