$1,100,000

For sale

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4000 MEDLAND Drive, Burlington - Single Family for Sale

4000 MEDLAND Drive, Burlington, Ontario, L7M4W7

3 beds3 baths6 parking ft²

269 Belvenia Road, Burlington (Shoreacres), Ontario, L7L2G5

3 bd2 ba5 pk1,750 ft²Lot size 100 × 180 ft (18,000 sq ft)

Listed by RIGHT AT HOME REALTY

2040 GROVETREE Lane, Burlington (Brant), Ontario, L7R4V4

For saleJust listed

Today

$850K

2040 GROVETREE Lane, Burlington (Brant), Ontario, L7R4V4

3 bd2 ba3 pk1,750 ft²Lot size 30 × 98 ft (2,954 sq ft)

Listed by RE/MAX ESCARPMENT REALTY INC.

2040 GROVETREE Lane, Burlington, Ontario, L7R4V4

For saleJust listed

Today

$850K

2040 GROVETREE Lane, Burlington, Ontario, L7R4V4

3 bd3 ba3 pk1,587 ft²

Listed by RE/MAX Escarpment Realty Inc.

332 Newbold Court, Burlington (Brant), Ontario, L7R2Y6

For saleJust listed

Today

$1.66M

332 Newbold Court, Burlington (Brant), Ontario, L7R2Y6

4 bd3 ba5 pk1,750 ft²Lot size 60 × 113 ft (6,780 sq ft)

Listed by RE/MAX ESCARPMENT REALTY INC.

Investment analysis

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$1,100,000

Burlington

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Overview

This 3-bedroom, 3-bathroom home in Burlington is for sale offering roughly 2,300 sq ft of space. Listed at $1,100,000, it is attractively priced about 15% below the $1,299,999 median asking price in Burlington.

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Description

Spacious 3 bedroom end unit townhome on double lot in Millcroft. 2 and 1/2 baths. Double garage and driveway. Fully finished basement with bar. Hardwood floors. 5 Newer appliances. private yard backing onto ravine. a/c. Hot tub. No sidewalk. Flexible closing. A must see. (id:66096)

Property Details

MLS®: 40842114
Property Type: Single Family
Zoning: r
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 6
Interior Size: 2,300 ft²
Frontage: 72 ft
Year Built: 2002
Storeys: 2
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $4,200/yr
Listed: 87 days ago

Rooms

Basement

Recreation room: 10'6'' x 22'0''
Games room: 7'9'' x 14'5''

Second level

Laundry room
4pc Bathroom
4pc Bathroom
Bedroom: 10'0'' x 11'3''
Bedroom: 10'2'' x 10'7''
Primary Bedroom: 18'0'' x 16'11''

Main level

2pc Bathroom
Kitchen: 8'11'' x 15'8''
Living room/Dining room: 14'0'' x 22'8''

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Foundation: Poured Concrete
Exterior: Brick, Stone, Vinyl siding
Lot Features: Conservation/green belt, Gazebo, 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

87d

Burlington listings, avg age

58d

Price / ft²

$478

List price

$1.10M

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 3-bed single family in Burlington is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by Right at Home Realty · Kim Elliott

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7M)

This home lists at $1,100,000, about 8.4× the local median household income of $131,000.

Carrying it typically needs a household income of about $214,869 (20% down, 25-yr amortization, stress-tested) — roughly 64% above the area median.

Median household income: $131,000
Population: 48,498
Median age: 41.6
Owner / renter: 90% / 10%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L7M)

$1,100,000· $478/ft²

For sale

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Full Cost Breakdown

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Down Payment7.73% · $85,000

Min 7.73%50%

Mortgage payment$5,627/mo

↳ CMHC premium ($40,600 capitalized)

Property tax (est.)$350/mo

Total monthly$5,977

Cash Needed to Close

Down payment (7.73%)$85,000

Land transfer tax$18,475

Est. closing costs$5,800

Total cash needed$109,275

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