$1,049,900

$1,095,000For salePrice drop↓ $45,100 (4%)

2428 EILEEN Drive, Burlington - Single Family for Sale

2428 EILEEN Drive, Burlington, Ontario, L7R1M8

5 beds2 baths7 parking2,158 ft²Listed 48 days ago

Overview

This 5-bedroom, 2-bathroom home in Burlington is for sale offering roughly 2,158 sq ft of space. Listed at $1,049,900, it is attractively priced about 19% below the $1,299,999 median asking price in Burlington. It has been on the market 48 days, fresher than the Burlington average of 58 days.

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Description

Located within walking distance to the Waterfront Trail, Burlington Mall, the Seniors’ Centre, and the Public Library, this South Central Burlington home offers convenience and potential. The spacious 3+2 bedroom layout includes a full-sized, self-sufficient basement with an eat-in kitchen, 3-piece bath, and separate entrance, ideal for rental, multi-generational living or a student seeking independence. Ready for new owners to personalize and modernize to their own style and needs, the main level features a large kitchen and a cozy living room with a gas fireplace (needs to be inspected, not currently functioning). Commuters will appreciate quick access to major routes, with Burlington just 30 minutes to downtown Toronto and 45 minutes to Niagara. (id:66096)

Property Details

MLS®: 40864220
Property Type: Single Family
Zoning: R2.3
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 7
Interior Size: 2,158 ft²
Frontage: 60 ft
Year Built: 1959
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Open
Ownership: Freehold
Property Tax

Rooms

Main level

4pc Bathroom
Bedroom: 10'0'' x 9'10''
Bedroom: 11'9'' x 11'5''
Primary Bedroom: 11'2'' x 16'5''
Kitchen: 14'3'' x 11'6''
Living room: 18'0'' x 11'0''
Dining room: 10'0'' x 10'0''

Basement

3pc Bathroom
Bedroom: 10'0'' x 11'6''
Bedroom: 16'5'' x 11'2''
Eat in kitchen: 11'0'' x 7'0''

Features

Appliances: Washer, Refrigerator, Gas stove(s), Dryer
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Conservation/green belt, In-Law Suite

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

48d

Burlington listings, avg age

58d

Price / ft²

$487

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 48 days, which is 10 days fresher than the city average of 58. Act while there is still low competition.

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Listed by Right at Home Realty · Monroe Orleans

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7R)

This home lists at $1,049,900, about 12.2× the local median household income of $86,000.

Carrying it typically needs a household income of about $205,082 (20% down, 25-yr amortization, stress-tested) — roughly 138% above the area median.

Median household income: $86,000
Population: 17,338
Median age: 45.2
Owner / renter: 49% / 51%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA L7R)

$1,049,900· $487/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.62% · $79,990

Min 7.62%50%

Mortgage payment$5,377/mo

↳ CMHC premium ($38,796 capitalized)

Property tax (est.)$503/mo

Total monthly$5,880

Cash Needed to Close

Down payment (7.62%)$79,990

Land transfer tax$17,473

Est. closing costs$5,650

Total cash needed$103,113

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