$1,049,888

For sale

1012 NORTH SHORE Boulevard East, Burlington - Single Family for Sale

1012 NORTH SHORE Boulevard East, Burlington, Ontario, L7T1X7

5 beds2 baths6 parking2,298 ft²Listed 46 days ago

Overview

This 5-bedroom, 2-bathroom home in Burlington is for sale offering roughly 2,298 sq ft of space. Listed at $1,049,888, it is attractively priced about 19% below the $1,299,999 median asking price in Burlington. It has been on the market 46 days, fresher than the Burlington average of 59 days.

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Description

Exceptional investment opportunity or ideal setup for multi-generational living on a massive lot in a prime North Shore Boulevard location. This versatile duplex features two self-contained units, making it perfect for investors or extended family living. The fully renovated ground-floor unit (2026) offers 3 spacious bedrooms and 1 bathroom with modern finishes throughout. The second-floor unit features 2 bedrooms and 1 bathroom, providing great potential for additional rental income or comfortable living space. A rare opportunity to own a property with incredible flexibility in one of Burlington’s most desirable areas, just minutes from Spencer Smith Park, Joseph Brant Hospital, downtown Burlington restaurants and shops, scenic walking and biking trails, and quick access to the QEW. Come see the amazing potential this property has to offer, before it’s too late! (id:66096)

Property Details

MLS®: 40864743
Property Type: Single Family
Zoning: R2.1
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 2
Parking: 6
Interior Size: 2,298 ft²
Frontage: 65 ft
Storeys: 2
Style: Contemporary
Basement: Unfinished, Full
Heating: Boiler, Electric
Cooling: None
Ownership: Freehold
Property Tax: $6,888.58/yr
Listed: 46 days ago

Rooms

Second level

4pc Bathroom
Bedroom: 11'2'' x 13'1''
Bedroom: 13'5'' x 13'7''
Kitchen: 6'1'' x 8'2''
Living room: 11'2'' x 16'2''

Main level

3pc Bathroom
Bedroom: 10'4'' x 8'1''
Bedroom: 14'6'' x 10'7''
Bedroom: 12'4'' x 13'4''
Kitchen: 11'7'' x 13'5''
Living room: 15'0'' x 19'10''

Features

Foundation: Block
Exterior: Stucco
Lot Features: Southern exposure

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

46d

Burlington listings, avg age

59d

Price / ft²

$457

List price

$1.05M

Homes here sell faster than most markets

Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 5-bed single family in Burlington has been listed for 46 days, which is 13 days fresher than the city average of 59. Act while there is still low competition.

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Listed by Royal LePage Burloak Real Estate Services · Jeff Smith

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7T)

This home lists at $1,049,888, about 11.3× the local median household income of $93,000.

Carrying it typically needs a household income of about $205,080 (20% down, 25-yr amortization, stress-tested) — roughly 121% above the area median.

Median household income: $93,000
Population: 18,555
Median age: 48.8
Owner / renter: 61% / 39%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L7T)

$1,049,888· $457/ft²

For sale

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Full Cost Breakdown

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Down Payment7.62% · $79,988.80

Min 7.62%50%

Mortgage payment$5,377/mo

↳ CMHC premium ($38,796 capitalized)

Property tax (est.)$574/mo

Total monthly$5,951

Cash Needed to Close

Down payment (7.62%)$79,989

Land transfer tax$17,473

Est. closing costs$5,650

Total cash needed$103,112

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