$2,099,999

For sale

387 Valanna Crescent, Burlington (Shoreacres) - Single Family for Sale

387 Valanna Crescent, Burlington (Shoreacres), Ontario, L7L2K7

5 beds4 baths6 parking2,250 ft²60 × 118 ft (7,080 sq ft) lot sizeListed 48 days ago

Overview

This 5-bedroom, 4-bathroom home in Burlington is for sale offering roughly 2,250 sq ft of space. It has been on the market 48 days, fresher than the Burlington average of 59 days.

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Description

Welcome to 387 Valanna Crescent, a beautiful, updated 2-storey home located on a quiet, family-friendly street in the highly sought-after Shoreacres neighborhood, situated in South Burlington and the Nelson High School district. The bright and spacious main level features hardwood flooring, large windows, custom mill-work and an inviting living room with a gas fireplace. The updated kitchen features stainless steel appliances, quartz countertops, abundant cabinetry and a large center island, perfect for everyday living and entertaining. A main-level laundry/mudroom offers excellent storage and direct access to the backyard and pool. Upstairs, the spacious primary retreat features extensive custom built-ins and a charming window seat, along with well-sized bedrooms and updated bathrooms. The private backyard is a true highlight with mature landscaping, an inground pool, expansive patio space and a covered outdoor lounge, creating the perfect setting for summer entertaining. The fully finished lower level offers a large recreation/media room with a second gas fireplace, built-in speakers, home office space, an additional bedroom and a modern 3-piece bath with a glass shower. Ideally located within walking distance to schools and just a short walk from Lake Ontario, with parks, shopping, recreation and major commuter routes nearby. A fantastic opportunity to enjoy the space, location and family-friendly lifestyle South Burlington has to offer. (id:66096)

Property Details

MLS®: W13795836
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 4
Half Baths: 1
Parking: 6
Interior Size: 2,250 ft²
Lot Size: 60 × 118 ft (7,080 sq ft)
Frontage: 60 ft
Storeys: 2
Basement: Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Pool: Yes
Ownership

Rooms

Main level

Living room: 5.98 x 3.99 meters
Dining room: 3.62 x 3.52 meters
Kitchen: 4.59 x 2.67 meters
Family room: 5.99 x 4.01 meters

Basement

Utility room: 4.06 x 8.34 meters
Bedroom 5: 5.09 x 3.52 meters
Recreational, Games room: 6.25 x 5.84 meters

Second level

Primary Bedroom: 4.01 x 5.98 meters
Bedroom 2: 3.6 x 3.51 meters

Features

Appliances: Washer, Refrigerator, Central Vacuum, Dishwasher, Stove, Dryer, Microwave, Window Coverings, Water Heater
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Ravine

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

48d

Burlington (Shoreacres) listings, avg age

59d

Price / ft²

$933

List price

$2.10M

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 (Shoreacres) has been listed for 48 days, which is 11 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 · JOSEPH PITIRRI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7L)

This home lists at $2,099,999, about 17.2× the local median household income of $122,000.

Carrying it typically needs a household income of about $410,203 (20% down, 25-yr amortization, stress-tested) — roughly 236% 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)

$2,099,999· $933/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $419,999.80

Min 20%50%

Mortgage payment$8,956/mo

Property tax (est.)$847/mo

Total monthly$9,803

Cash Needed to Close

Down payment (20%)$420,000

Land transfer tax$38,975

Est. closing costs$8,800

Total cash needed$467,775

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