$699,900

For sale

#14 1548 Newlands Crescent, Burlington (Palmer) - Single Family for Sale

#14 1548 Newlands Crescent, Burlington (Palmer), Ontario, L7M1V6

3 beds3 baths2 parking1,500 ft²$511/mo condo feeListed 42 days ago

Overview

This 3-bedroom, 3-bathroom condo in Burlington is for sale offering roughly 1,500 sq ft of space. Its $699,900 asking price sits right in line with the $679,000 median in Burlington.

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Description

Large end-unit in well-managed Newland Heights. Featuring 3 bedrooms, 3 bathrooms and a basement kitchen, this home offers lots of options for the growing family. The main level has a spacious entry foyer, ceramic tiles, and high-end laminate flooring. The large kitchen includes a breakfast bar and stainless steel appliances. The bright living room walks out to a private, fenced yard. Upstairs you will find large bedrooms, including ensuite privilege access to the bathroom, which has an upgraded vanity and a tiled tub and shower. The basement includes a cold cellar, and a rare full bathroom and kitchen, suitable as an in-law suite or teen retreat. Includes central air, an inground pool and lots of visitor parking. (id:66096)

Property Details

MLS®: W13820746
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,500 ft²
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Condo Fee: $511/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,249/yr

Rooms

Ground level

Living room: 5 x 3.5 meters
Dining room: 2.7 x 2.7 meters
Kitchen: 4.8 x 2.3 meters

Second level

Bedroom: 4.8 x 3 meters
Bedroom 2: 3.9 x 2.6 meters
Bedroom 3: 2.9 x 2.6 meters

Basement

Recreational, Games room: 5.1 x 3.9 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, Window Coverings
Exterior: Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

42d

Burlington (Palmer) listings, avg age

40d

Price / ft²

$467

List price

$700K

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 (Palmer) 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 RE/MAX ESCARPMENT REALTY INC. · MIKE GALIVAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7M)

This home lists at $699,900, about 5.3× the local median household income of $131,000.

Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 4% 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)

$699,900· $467/ft²

For sale

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Full Cost Breakdown

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Down Payment6.43% · $44,990.00

Min 6.43%50%

Mortgage payment$3,631/mo

↳ CMHC premium ($26,196 capitalized)

Property tax (est.)$271/mo

Condo fee$511/mo

Total monthly$4,412

Cash Needed to Close

Down payment (6.43%)$44,990

Land transfer tax$10,473

Est. closing costs$4,600

Total cash needed$60,063

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