$1,350,000

For sale

271 LINDEN Avenue, Burlington - Single Family for Sale

271 LINDEN Avenue, Burlington, Ontario, L7L2P4

5 beds2 baths3 parking2,010 ft²Listed 51 days ago

Overview

This 5-bedroom, 2-bathroom home in Burlington is for sale offering roughly 2,010 sq ft of space. Its $1,350,000 asking price sits right in line with the $1,299,999 median in Burlington. It has been on the market 51 days, fresher than the Burlington average of 58 days.

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Description

Renovated bungalow in sought-after Shoreacres offering 3+2 bedrooms and 2 updated bathrooms. The open-concept main floor features a renovated kitchen with quartz countertops, stainless steel appliances and laminate flooring throughout. The private primary bedroom is thoughtfully separated from the two additional main-floor bedrooms. The finished lower level offers 2 more bedrooms, a full bathroom and spacious recreation area. Set on a private, mature lot south of Spruce Avenue, this property offers endless possibilities. Move in and enjoy, renovate further, or build your dream home. Custom plans are available for a stunning 3,300 sq. ft. two-storey residence. An exceptional opportunity in one of Burlington's most desirable neighbourhoods, just steps from the lake and parks. (id:66096)

Property Details

MLS®: 40863455
Property Type: Single Family
Zoning: LN5
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 3
Interior Size: 2,010 ft²
Frontage: 65 ft
Year Built: 1956
Storeys: 2
Style: Bungalow
Basement: Finished, Full
Heating: Forced air
Cooling: Central air conditioning
Garage: Attached Garage
Fireplace: Yes
Ownership

Rooms

Basement

Bedroom: 9'5'' x 13'0''
3pc Bathroom: 9'3'' x 6'9''
Bedroom: 11'10'' x 14'10''
Storage: 3'7'' x 6'3''
Utility room: 6'11'' x 7'3''
Family room: 10'7'' x 15'0''
Laundry room: 12'10'' x 8'9''
Sitting room: 13'1'' x 11'8''

Second level

Bedroom: 17'8'' x 11'1''

Main level

Bedroom

Features

Appliances: Washer, Refrigerator, Central Vacuum, Gas stove(s), Dishwasher, Stove, Dryer, Microwave, Freezer
Foundation: Block
Exterior: Brick
Lot Features: Paved driveway, Automatic Garage Door Opener

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

51d

Burlington listings, avg age

58d

Price / ft²

$672

List price

$1.35M

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 51 days, which is 7 days fresher than the city average of 58. Act while there is still low competition.

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Listed by RE/MAX Escarpment Realty Inc. · Sandy Smallbone

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7L)

This home lists at $1,350,000, about 11.1× the local median household income of $122,000.

Carrying it typically needs a household income of about $263,702 (20% down, 25-yr amortization, stress-tested) — roughly 116% above the area median.

Median household income: $122,000
Population: 47,433
Median age: 42.4
Owner / renter: 84% / 16%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L7L)

$1,350,000· $672/ft²

For sale

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Full Cost Breakdown

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Down Payment8.15% · $110,000.00

Min 8.15%50%

Mortgage payment$6,875/mo

↳ CMHC premium ($49,600 capitalized)

Property tax (est.)$542/mo

Total monthly$7,416

Cash Needed to Close

Down payment (8.15%)$110,000

Land transfer tax$23,475

Est. closing costs$6,550

Total cash needed$140,025

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