$1,299,000

For sale

631 GUELPH Line, Burlington - Single Family for Sale

631 GUELPH Line, Burlington, Ontario, L7R3M7

5 beds2 baths5 parking1,990 ft²Listed 8 days ago

Overview

This 5-bedroom, 2-bathroom home in Burlington is for sale offering roughly 1,990 sq ft of space. Its $1,299,000 asking price sits right in line with the $1,299,900 median in Burlington. It has been on the market 8 days, fresher than the Burlington average of 59 days.

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Description

Welcome to this beautifully updated 3 + 2 bedroom raised ranch, comfortable living and an excellent location. The living/dining area seamlessly flows, ideal for entertaining, offering plenty of space for family & friends to gather. The kitchen features sleek Café Matte White appliances, Quartz counters, island and updated finishes, all complemented by Luxury Vinyl Plank Flooring throughout the home for continuity. The master bathroom has been remodelled with concrete floor tiles, porcelain wall tiles, new light, vanity, new window & glass shower. The lower level has been completely remodelled down to the studs with countless updates: engineered hardwood flooring, porcelain ceramic tile with ceramic tile tub surround, brand new bathroom, new washer/dryer, new freestanding gas fireplace, new owned tankless hot water, new windows and doors, new 200 amp panel with 60 amp pony panel in garage. Large deep single garage with ample parking on your concrete drive. Minutes from downtown, the Lake, all amenities, schools & parks. Perfect for growing families, separate entrance from lower level from the garage. Location allows for home based occupation or home based business. Work from home. Ideal for engineer, architect, lawyer, accountant, pet grooming with many more uses available. Great exposure for signage(complying with all applicable by-laws). Use and Restrictions to be verified by the City of Burlington. (id:66096)

Property Details

MLS®: 40874397
Property Type: Single Family
Zoning: R2.1 , R3.2
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 5
Interior Size: 1,990 ft²
Frontage: 60 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Lower level

Laundry room: 9'0'' x 6'0''
Recreation room: 10'3'' x 12'2''
4pc Bathroom: 10'0'' x 5'6''
Bedroom: 10'7'' x 8'0''
Bedroom: 10'4'' x 11'4''

Main level

3pc Bathroom: 5'6'' x 9'11''
Bedroom: 13'1'' x 10'11''
Bedroom: 9'3'' x 11'0''
Primary Bedroom: 11'0'' x 13'5''
Living room: 11'4'' x 16'9''

Features

Appliances: Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Window Coverings, Garage door opener
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: 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

Burlington listings, avg age

59d

Price / ft²

$653

List price

$1.30M

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 8 days, which is 51 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 · Kevin Andrew

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7R)

This home lists at $1,299,000, about 15.1× the local median household income of $86,000.

Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 195% 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)

$1,299,000· $653/ft²

For sale

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Full Cost Breakdown

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Down Payment8.08% · $104,900

Min 8.08%50%

Mortgage payment$6,620/mo

↳ CMHC premium ($47,764 capitalized)

Property tax (est.)$416/mo

Total monthly$7,036

Cash Needed to Close

Down payment (8.08%)$104,900

Land transfer tax$22,455

Est. closing costs$6,397

Total cash needed$133,752

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