2093 Victoria Avenue, Burlington

Price: $899,999

4 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W12976018

Prime Downtown Burlington opportunity on a coveted corner lot! Incredible potential awaits at Victoria Ave & Emerald St in one of Burlington's most desirable walkable neighbourhoods. Set on a generous 64 ft x 103 ft lot, this property offers a rare chance to renovate, reimagine, or create your dream urban residence in the heart of downtown. The main home features 3 bedrooms, 1 bathroom, an unfinished basement, and a detached single garage. A separate rear suite includes its own kitchen, living room, bedroom, and bathroom, offering exciting flexibility for in-law, guest, or income potential.This is a renovation project ideal for buyers with vision who want to capitalize on an unbeatable location surrounded by Burlington's vibrant downtown lifestyle, waterfront, restaurants, shops, parks, and amenities. Whether you're an investor, contractor, or end user looking for a special project, this is the kind of property that rarely comes available in such a premium setting.

2093 Victoria Avenue - Detached photo 1 of 9 in Burlington, Ontario
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delisted
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$899,999 - 2093 Victoria Avenue, Burlington

Detached for Sale in Burlington

4Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W12976018
Property Type
Detached
Status
delisted
Days on Site
21
Bedrooms
4
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Burlington
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Prime Downtown Burlington opportunity on a coveted corner lot! Incredible potential awaits at Victoria Ave & Emerald St in one of Burlington's most desirable walkable neighbourhoods. Set on a generous 64 ft x 103 ft lot, this property offers a rare chance to renovate, reimagine, or create your dream urban residence in the heart of downtown. The main home features 3 bedrooms, 1 bathroom, an unfinished basement, and a detached single garage. A separate rear suite includes its own kitchen, living room, bedroom, and bathroom, offering exciting flexibility for in-law, guest, or income potential.This is a renovation project ideal for buyers with vision who want to capitalize on an unbeatable location surrounded by Burlington's vibrant downtown lifestyle, waterfront, restaurants, shops, parks, and amenities. Whether you're an investor, contractor, or end user looking for a special project, this is the kind of property that rarely comes available in such a premium setting.

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Estimate your monthly payments for this property

Estimated Payment

$4,617.46/mo

Includes CMHC insurance ($25,110)

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5-yr fixed avg.

Principal: $809,999Interest: $550,129
Mortgage Amount$835,109
Total Interest$550,129
Est. Property Tax$637/mo
Total Cost$1,385,238

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

2093 Victoria Avenue, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$2,376

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $600/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.

Market Position

At 21 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Burlington. Good resale value as demand remains consistent.

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 $3,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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