1306-08 Leighland Road, Burlington

Price: $1,489,900

6 bedrooms, 4 bathrooms

1,500 sq ft

Property Type: Semi-Detached

MLS#: W12561592

Opportunity Awaits! Two Semi-Detached Bungalows With 4-Self Contained Apartments. Fabulous And Rare Turnkey Investment Opportunity With Rental Income Of Over $8,000 P/Mth From 4-Apartments. Buy As An Investment, Own And Live In One And Benefit From The Additional 3 Rental Incomes. A Multitude Of Possibilities! These Homes Offer A Total Of 6 Bedrooms. On The Main Floor Each Home Features 2-Bedrooms, Living Room, Kitchen and Full Bathrooms. Separate Entry To The Basement Apartments Each Offering 1-Bedroom, Living Room, Large Kitchen & Full Bathroom. Some Updates Done In 2019. Move In As Is Or Improve To Make it Yours. Looking For An Investment? This Is A Fabulous Opportunity With Amazing Income! 4 Kitchens, 2 Laundry Rooms, Basements With Separate Entrances. Oversized Driveways, Each With Room For 5+ Cars. Perfect Location In Southwest Burlington, Short Distance To Downtown, All Major Highways, Burlington Go Station, Walking Distance To Restaurants And Many Other Amenities, Including Shopping, Schools, Parks.

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$1,489,900 - 1306-08 Leighland Road, Burlington

Semi-Detached for Sale in Burlington

32 days on market
6Beds
4Baths
1,500Sq Ft
Semi-Detached
Property Details
MLS Number
W12561592
Property Type
Semi-Detached
Status
active
Days on Site
32
Bedrooms
6
Bathrooms
4
Square Feet
1,500 sqft
Neighbourhood
Burlington
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Opportunity Awaits! Two Semi-Detached Bungalows With 4-Self Contained Apartments. Fabulous And Rare Turnkey Investment Opportunity With Rental Income Of Over $8,000 P/Mth From 4-Apartments. Buy As An Investment, Own And Live In One And Benefit From The Additional 3 Rental Incomes. A Multitude Of Possibilities! These Homes Offer A Total Of 6 Bedrooms. On The Main Floor Each Home Features 2-Bedrooms, Living Room, Kitchen and Full Bathrooms. Separate Entry To The Basement Apartments Each Offering 1-Bedroom, Living Room, Large Kitchen & Full Bathroom. Some Updates Done In 2019. Move In As Is Or Improve To Make it Yours. Looking For An Investment? This Is A Fabulous Opportunity With Amazing Income! 4 Kitchens, 2 Laundry Rooms, Basements With Separate Entrances. Oversized Driveways, Each With Room For 5+ Cars. Perfect Location In Southwest Burlington, Short Distance To Downtown, All Major Highways, Burlington Go Station, Walking Distance To Restaurants And Many Other Amenities, Including Shopping, Schools, Parks.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,590.33/mo

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5-yr fixed avg.

Principal: $1,191,920Interest: $785,179
Mortgage Amount$1,191,920
Total Interest$785,179
Est. Property Tax$1,055/mo
Total Cost$1,977,099

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.

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Neighbourhood Guide: Burlington

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

M.M. Robinson High SchoolPublic High School
Nelson High SchoolPublic High School
Assumption Catholic Secondary SchoolCatholic High School
Corpus Christi Catholic Secondary SchoolCatholic High School

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.

70
Walk Score
Varies
Price Range

1306-08 Leighland Road, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$1,055
Insurance (est.)-$310
Net Cash Flow+$2,635

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 Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $993/sqft, this property is priced in line with current Burlington market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 32 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Burlington.

Bathroom Count Matters

With 4 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.

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