$1,065,000

For sale

625 Belvenia Road, Burlington (Shoreacres), Ontario, L7L4Z3

4 bd2 ba4 pk1,300 ft²Lot size 47 × 156 ft (7,379 sq ft)

Listed by RE/MAX ESCARPMENT REALTY INC.

4338 Longmoor Drive, Burlington (Shoreacres), Ontario, L7L1X5

For saleJust listed

3 days ago

$750K

4338 Longmoor Drive, Burlington (Shoreacres), Ontario, L7L1X5

4 bd2 ba4 pk1,300 ft²Lot size 56 × 151 ft (8,501 sq ft)

Listed by RE/MAX ESCARPMENT REALTY INC.

4334 Spruce Avenue, Burlington (Shoreacres), Ontario, L7L1L5

For saleJust listed

5 days ago

$1.23M

4334 Spruce Avenue, Burlington (Shoreacres), Ontario, L7L1L5

4 bd2 ba3 pk1,300 ft²Lot size 78 × 125 ft (9,798 sq ft)

Listed by HODGINS REALTY GROUP INC.

356 Shoreacres Road, Burlington (Shoreacres), Ontario, L7L2H5

For saleJust listed

5 days ago

$2.35M

356 Shoreacres Road, Burlington (Shoreacres), Ontario, L7L2H5

4 bd4 ba7 pk4,250 ft²Lot size 67 × 136 ft (9,071 sq ft)

Listed by ROYAL LEPAGE REALTY PLUS OAKVILLE

Investment analysis

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$1,065,000

Burlington

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433 Belvenia Road, Burlington (Shoreacres) - Single Family for Sale

433 Belvenia Road, Burlington (Shoreacres), Ontario, L7L1T2

4 beds2 baths6 parking1,300 ft²87 × 98 ft (8,526 sq ft) lot sizeListed 49 days ago

Overview

This 4-bedroom, 2-bathroom home in Burlington is for sale offering roughly 1,300 sq ft of space. Listed at $1,065,000, it is attractively priced about 28% below the $1,489,000 median asking price in Burlington. It has been on the market 49 days, fresher than the Burlington average of 59 days.

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Description

Unique opportunity on Belvenia Rd - one of South Burlington's most desirable addresses. This valuable lot offers endless potential to meet many needs, whether you're looking to renovate, invest or take advantage of the development potential to build a family estate, or build a multi-plex, this lot offers value for every type of buyer. This move-in ready house has had many updates including; new vinyl floors throughout, updated washrooms, fresh paint and major drainage and sewer repairs. The lower level features a kitchen and walk up to the backyard. Located close to top rated schools, public transit, and shops. Take advantage of the value this South Burlington home has to offer and make this property your next project, investment or family home. (id:66096)

Property Details

MLS®: W13792318
Property Type: Single Family
Zoning: R2.4
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 87 × 98 ft (8,526 sq ft)
Frontage: 87 ft
Storeys: 1
Style: Bungalow
Basement: Full, Walk-up
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $6,247/yr
Listed: 49 days ago

Rooms

Main level

Foyer: 4.67 x 2.21 meters
Living room: 3.73 x 5.92 meters
Kitchen: 3.45 x 2.54 meters
Dining room: 3.3 x 2.29 meters
Primary Bedroom: 4.78 x 3.18 meters
Bedroom: 3.05 x 3.58 meters
Bedroom: 3.48 x 2.77 meters
Bathroom: 2.41 x 2.08 meters

Lower level

Recreational, Games room: 3.38 x 4.19 meters
Bedroom: 3.69 x 4.45 meters
Bathroom: 1.89 x 2.01 meters
Laundry room: 1.89 x 1.73 meters
Mud room: 1.89 x 2.06 meters
Kitchen: 3.51 x 2.54 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Garburator, Window Coverings
Foundation: Block
Exterior: Vinyl siding
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

Burlington (Shoreacres) listings, avg age

59d

Price / ft²

$819

List price

$1.06M

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 (Shoreacres) has been listed for 49 days, which is 10 days fresher than the city average of 59. Act while there is still low competition.

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Listed by RE/MAX ESCARPMENT REALTY INC. · CHRIS MAYNARD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7L)

This home lists at $1,065,000, about 8.7× the local median household income of $122,000.

Carrying it typically needs a household income of about $208,032 (20% down, 25-yr amortization, stress-tested) — roughly 71% 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)

$1,065,000· $819/ft²

For sale

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Full Cost Breakdown

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Down Payment7.65% · $81,500

Min 7.65%50%

Mortgage payment$5,453/mo

↳ CMHC premium ($39,340 capitalized)

Property tax (est.)$521/mo

Total monthly$5,973

Cash Needed to Close

Down payment (7.65%)$81,500

Land transfer tax$17,775

Est. closing costs$5,695

Total cash needed$104,970

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