$1,050,000

$1,165,000For salePrice drop↓ $115,000 (10%)

1141 Lockhart Road, Burlington (Brant) - Single Family for Sale

1141 Lockhart Road, Burlington (Brant), Ontario, L7S1G8

4 beds3 baths6 parking1,300 ft²Listed 57 days ago

Overview

This 4-bedroom, 3-bathroom home in Burlington is for sale offering roughly 1,300 sq ft of space. Listed at $1,050,000, it is attractively priced about 12% below the $1,200,000 median asking price in Burlington. It has been on the market 57 days, fresher than the Burlington average of 60 days.

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Description

Welcome to 1141 Lockhart Road, a spacious and versatile 2 plus 2 bedroom raised bungalow offering the perfect blend of comfortable family living and multigenerational flexibility. Featuring a double-car garage, thoughtful living spaces, and generous outdoor areas, this home is designed to accommodate a variety of lifestyles. The main level features a bright and inviting living room with hardwood floors and a cozy gas fireplace, creating a warm and welcoming space for relaxing or entertaining. The separate dining room, also finished with hardwood flooring, provides an ideal setting for family meals and special occasions. The well-appointed kitchen offers a convenient breakfast bar and a dedicated breakfast area, with a walkout leading to a spacious upper-level deck - perfect for morning coffee, summer dining, and entertaining guests. The outdoor living continues at ground level with a great patio and pergola, creating a private and inviting space to enjoy the outdoors. The main living area is complete with two bedrooms and two bathrooms, providing comfortable accommodations for the primary household. The lower level adds versatility with two additional bedrooms, a full bathroom, family room with gas fireplace and a second kitchen. This space offers excellent potential for an in-law suite or multigenerational living arrangement, providing family members with added privacy and independence while remaining connected under one roof. This home is a wonderful opportunity for families looking for space, functionality, and the flexibility to grow together. The neighbourhood offers access to many of the amenities that make Burlington such a desirable place to call home, such as shopping, restaurants, parks, recreation and schools. The city's downtown and lakefront are just a short walk away, offering access to scenic parks, great restaurants, bars and shops. The location also offers convenient access to highways, GO Transit and Burlington Transit. (id:66096)

Property Details

MLS®: W13763890
Property Type: Single Family
Zoning: R3.4
Bedrooms: 4
Beds (above / below): 2 above · 2 below
Bathrooms: 3
Parking: 6
Interior Size: 1,300 ft²
Frontage: 4 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 3.44 x 5.93 meters
Kitchen: 3.42 x 3.1 meters
Eating area: 3.42 x 2.81 meters
Dining room: 4.14 x 3.41 meters
Bedroom 2: 4.13 x 2.83 meters
Bathroom: 3.04 x 1.58 meters
Primary Bedroom: 4.33 x 4.34 meters
Bathroom: 1.84 x 3.02 meters

Basement

Bedroom 3: 5.36 x 3.65 meters
Bedroom 4: 2.42 x 4.53 meters

Features

Appliances: Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Flooring: Hardwood
Foundation: Poured Concrete
Exterior: Brick Veneer
Lot Features: Cul-de-sac, Level, In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

57d

Burlington (Brant) listings, avg age

60d

Price / ft²

$808

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 4-bed single family in Burlington (Brant) has been listed for 57 days, which is 3 days fresher than the city average of 60. Act while there is still low competition.

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Listed by RE/MAX ESCARPMENT REALTY INC. · CHARLIE ROBSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7S)

This home lists at $1,050,000, about 13.6× the local median household income of $77,000.

Carrying it typically needs a household income of about $205,102 (20% down, 25-yr amortization, stress-tested) — roughly 166% above the area median.

Median household income: $77,000
Population: 12,207
Median age: 54
Owner / renter: 51% / 49%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA L7S)

$1,050,000· $808/ft²

For sale

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Full Cost Breakdown

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Down Payment7.62% · $80,000

Min 7.62%50%

Mortgage payment$5,378/mo

↳ CMHC premium ($38,800 capitalized)

Property tax (est.)$519/mo

Total monthly$5,896

Cash Needed to Close

Down payment (7.62%)$80,000

Land transfer tax$17,475

Est. closing costs$5,650

Total cash needed$103,125

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