$1,575,000 - 1161 Lockhart Road, Burlington
Detached for Sale in Burlington
115 days on market- MLS Number
- W12809592
- Property Type
- Detached
- Status
- active
- Days on Site
- 115
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Burlington
- Lot Size
- 7,104 sqft
- Listing Brokerage
- ROYAL LEPAGE REALTY PLUS OAKVILLE
Rare offering of historic architecture on a quiet mature, tree-lined street in sought-after South Burlington, only mins from Downtown! Stunning, updated 3 Beds, 2.5 Baths, over 2500 sq ft above grade, originally built in 1805, extensively renovated (2021), to blend timeless design, comfort and style. Main floor, flooded with natural light, balances spacious principal rooms with areas designed for everyday living. Foyer, living rm with fireplace & built-ins, family room with walk-out to back yard, eat in kitchen w/ breakfast bar, & large den / office with feature bay window & Murphy bed(Q) that can serve as a guest bedroom. 2nd entrance from the covered porch opens into a mudroom, laundry room with built in cabinetry, designed for practicality & modern family life! 2nd floor has an abundance of natural light through 3 sky-lights, fully renovated, 3 beds, primary with custom built in dresser, 2 new full bathrooms(2021). Basement offers loads of storage! Delivering character and impressive curb appeal, this exceptional home sits on a remarkable 128 Ft deep property, with towering trees, an attractive detached garage & impressive driveway for at least 8! Very private back yard, fully fenced with a tiered deck, side shed, bbq gas line. Extensive landscaping, new covered porch & roof(2021), stunning gardens & feature landscape lighting. Location! Sought after S. Burlington neighbourhood; one of Canada's top-ranked cities to live! Mins from Downtown, Spectacular Waterfront, Spencer Smith Pk, Performing Arts, restaurants, shopping, Hospital, cycling / walking path, GO, QEW! More than a home, a rare true opportunity to own a true character home tastefully renovated where history, inviting updated style, function and modern conveniences converge. Not to be missed!
Estimate your monthly payments for this property
Estimated Payment
$6,966.76/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Burlington
Burlington is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Burlington
- •Convenient location in Burlington
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Burlington offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1161 Lockhart Road, Burlington
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $630/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 115 days on site, this property has exceeded the typical selling timeline for Burlington. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Burlington are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Burlington Lifestyle
Burlington offers a balance of urban convenience and suburban tranquility. Growing families appreciate the newer schools and community feel. The GO Train provides reasonable Toronto access. Home values have appreciated steadily as families seek alternatives to Toronto's density and pricing.