2127 Harris Crescent, Burlington

Price: $3,888,888

10 bedrooms, 6 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W12914120

Exceptional opportunity to acquire a well-maintained multiplex in the heart of Burlington. This solid building features four units, offering two-bedroom suites with strong rental appeal. Two separate areas in basement that were previously used as apartments. Pride of ownership is evident throughout, with several units thoughtfully renovated in recent years, enhancing both tenant appeal and overall value. Shared backyard space, perfect for outdoor relaxation, along with ample on-site parking. Additional income potential is provided by convenient on-site coin-operated laundry. An outstanding investment opportunity with excellent income potential in a prime location close to amenities, transit, and everything Burlington has to offer.

2127 Harris Crescent - Detached photo 1 of 16 in Burlington, Ontario
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$3,888,888 - 2127 Harris Crescent, Burlington

Detached for Sale in Burlington

Popular Listing
10Beds
6Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
W12914120
Property Type
Detached
Status
active
Days on Site
12
Bedrooms
10
Bathrooms
6
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Burlington
Listing Brokerage
CENTURY 21 REGAL REALTY INC.
Description

Exceptional opportunity to acquire a well-maintained multiplex in the heart of Burlington. This solid building features four units, offering two-bedroom suites with strong rental appeal. Two separate areas in basement that were previously used as apartments. Pride of ownership is evident throughout, with several units thoughtfully renovated in recent years, enhancing both tenant appeal and overall value. Shared backyard space, perfect for outdoor relaxation, along with ample on-site parking. Additional income potential is provided by convenient on-site coin-operated laundry. An outstanding investment opportunity with excellent income potential in a prime location close to amenities, transit, and everything Burlington has to offer.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$17,201.86/mo

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5%20%50%

5-yr fixed avg.

Principal: $3,111,110Interest: $2,049,448
Mortgage Amount$3,111,110
Total Interest$2,049,448
Est. Property Tax$2,755/mo
Total Cost$5,160,558

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

2127 Harris Crescent, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$6,450/mo
Range: $5,483 - $7,417
Cap Rate (ROI)
0.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$6,450
Maintenance Fees-$0
Property Tax (est.)-$2,755
Insurance (est.)-$810
Net Cash Flow+$2,885

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 $1111/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.

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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 10 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 6 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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