1345 Colonsay Drive, Burlington

Price: $799,900

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: W12979206

Welcome to this bright and spacious semi-detached home, ideally located in a safe, family-friendly neighbourhood just steps to shopping, public transit, parks, schools, and playgrounds. Perfect for a first-time buyer or growing family, this home offers the space, convenience, and location today's buyers are looking for. Set on a pool-sized, fully fenced lot, the backyard features an entertainment-sized deck and plenty of room to enjoy outdoor living. The main level offers a bright, spacious layout with a separate dining room and walkout to the yard. The kitchen features ceramic flooring that continues through to the front hall. Hardwood stairs lead to the upper level, where you will find 3 fabulous-sized bedrooms with parquet flooring, along with a full 4-piece bath. The fully finished basement adds valuable additional space for entertaining, a family room, home office, or possible guest bedroom, and is completed with a 2-piece bath. Important updates include a new furnace and central air conditioning in 2017, while the roof was updated with 40-year shingles approximately 18 years ago. All existing appliances are included in their current condition. A wonderful opportunity to own in a sought-after neighbourhood and add your own personal touches over time. The home is being sold in its present condition, with great space and excellent potential for the next owner to make it their own.

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New Listing
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$799,900 - 1345 Colonsay Drive, Burlington

Semi-Detached for Sale in Burlington

New — Listed 6 days ago
3Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
W12979206
Property Type
Semi-Detached
Status
active
Days on Site
6
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Burlington
Lot Size
3,778 sqft
Listing Brokerage
THE REAL ESTATE BOUTIQUE BROKERAGE, INC.
Description

Welcome to this bright and spacious semi-detached home, ideally located in a safe, family-friendly neighbourhood just steps to shopping, public transit, parks, schools, and playgrounds. Perfect for a first-time buyer or growing family, this home offers the space, convenience, and location today's buyers are looking for. Set on a pool-sized, fully fenced lot, the backyard features an entertainment-sized deck and plenty of room to enjoy outdoor living. The main level offers a bright, spacious layout with a separate dining room and walkout to the yard. The kitchen features ceramic flooring that continues through to the front hall. Hardwood stairs lead to the upper level, where you will find 3 fabulous-sized bedrooms with parquet flooring, along with a full 4-piece bath. The fully finished basement adds valuable additional space for entertaining, a family room, home office, or possible guest bedroom, and is completed with a 2-piece bath. Important updates include a new furnace and central air conditioning in 2017, while the roof was updated with 40-year shingles approximately 18 years ago. All existing appliances are included in their current condition. A wonderful opportunity to own in a sought-after neighbourhood and add your own personal touches over time. The home is being sold in its present condition, with great space and excellent potential for the next owner to make it their own.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,103.90/mo

Includes CMHC insurance ($22,317)

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5-yr fixed avg.

Principal: $719,910Interest: $488,943
Mortgage Amount$742,227
Total Interest$488,943
Est. Property Tax$567/mo
Total Cost$1,231,170

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

1345 Colonsay Drive, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$2,066

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 30+ years of GTA real estate experience

Competitive Pricing

At $727/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Burlington's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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.

Investment Perspective

Looking at this as an investment: Burlington properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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