2116 Caroline Street, Burlington

Price: $1,649,000

5 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13059038

Step into the charm of this beautifully updated century home in the heart of downtown Burlington. A welcoming front parlour sets the tone, leading into a bright open-concept living and dining space perfect for entertaining. The upgraded kitchen features high-end appliances and flows seamlessly into a large rear family room addition-ideal for everyday living. Upstairs offers three spacious bedrooms plus a finished attic, perfect as a cozy reading nook, office or teen retreat. The basement provides excellent potential for an in-law suite or additional living space. Enjoy an unbeatable location just steps to the lake, downtown shops, restaurants, and the YMCA. A rare opportunity to own a move-in ready character home in one of Burlington's most walkable neighbourhoods. RSA.

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$1,649,000 - 2116 Caroline Street, Burlington

Detached for Sale in Burlington

46 days on market
5Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W13059038
Property Type
Detached
Status
active
Days on Site
46
Bedrooms
5
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Burlington
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Step into the charm of this beautifully updated century home in the heart of downtown Burlington. A welcoming front parlour sets the tone, leading into a bright open-concept living and dining space perfect for entertaining. The upgraded kitchen features high-end appliances and flows seamlessly into a large rear family room addition-ideal for everyday living. Upstairs offers three spacious bedrooms plus a finished attic, perfect as a cozy reading nook, office or teen retreat. The basement provides excellent potential for an in-law suite or additional living space. Enjoy an unbeatable location just steps to the lake, downtown shops, restaurants, and the YMCA. A rare opportunity to own a move-in ready character home in one of Burlington's most walkable neighbourhoods. RSA.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,294.08/mo

$
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5%20%50%

5-yr fixed avg.

Principal: $1,319,200Interest: $869,025
Mortgage Amount$1,319,200
Total Interest$869,025
Est. Property Tax$1,168/mo
Total Cost$2,188,225

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

2116 Caroline Street, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$1,168
Insurance (est.)-$344
Net Cash Flow+$2,188

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

Fair Market Value

At $825/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.

Negotiation Opportunity

At 46 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.

Excellent Flexibility

With 5 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 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.

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    2116 Caroline Street, Burlington | $1,649,000 | Battaglia Team