218 Fairfax Place, Burlington

Price: $1,187,000

4 bedrooms, 2 bathrooms

1,500 sq ft

Property Type: Single Family Home

MLS#: W12828268

Welcome to this beautifully maintained side-split family home nestled in the highly sought-after Elizabeth Gardens community. This inviting residence offers the perfect blend of comfort, functionality, and lifestyle. Step inside to discover a large living and dinning area with bay window and direct access to backyard. Upgraded kitchen features elegant granite counter tops, a stylish backslash, stainless steel appliances. Nested in the upper level are three good size bedroom complemented with carpet free, large window, spacious closets and adjacent full bathroom. A rare highlight is the attached garage with convenient direct entry, providing ease and security year-round. The ground-level family room offers a seamless walk-out to a private, fully usable yard, an ideal space for relaxing, gardening, or hosting gatherings. The finished basement adds exceptional living space with a large room, perfect for a home theatre, playroom, or additional bedroom with closet and window. A utility/ laundry room has ample storage and a window as well. With no sidewalk in front, the property offers extra parking space. Located within walking distance to the scenic beach and direct access to Lake, while still enjoying close proximity to public transit, top-rated schools, parks, and easy access to major highways. This is a rare opportunity to own a meticulously cared-for home in a prime, family-friendly neighborhood offering both tranquility and urban convenience. Welcome Home!

218 Fairfax Place - Single Family Home photo 1 of 1 in Burlington, Ontario
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$1,187,000 - 218 Fairfax Place, Burlington

Single Family Home for Sale in Burlington

New — Listed 2 days ago
4Beds
2Baths
1,500Sq Ft
Single Family Home
Property Details
MLS Number
W12828268
Property Type
Single Family Home
Status
active
Days on Site
2
Bedrooms
4
Bathrooms
2
Square Feet
1,500 sqft
Neighbourhood
Burlington
Listing Brokerage
CITYSCAPE REAL ESTATE LTD.
Description

Welcome to this beautifully maintained side-split family home nestled in the highly sought-after Elizabeth Gardens community. This inviting residence offers the perfect blend of comfort, functionality, and lifestyle. Step inside to discover a large living and dinning area with bay window and direct access to backyard. Upgraded kitchen features elegant granite counter tops, a stylish backslash, stainless steel appliances. Nested in the upper level are three good size bedroom complemented with carpet free, large window, spacious closets and adjacent full bathroom. A rare highlight is the attached garage with convenient direct entry, providing ease and security year-round. The ground-level family room offers a seamless walk-out to a private, fully usable yard, an ideal space for relaxing, gardening, or hosting gatherings. The finished basement adds exceptional living space with a large room, perfect for a home theatre, playroom, or additional bedroom with closet and window. A utility/ laundry room has ample storage and a window as well. With no sidewalk in front, the property offers extra parking space. Located within walking distance to the scenic beach and direct access to Lake, while still enjoying close proximity to public transit, top-rated schools, parks, and easy access to major highways. This is a rare opportunity to own a meticulously cared-for home in a prime, family-friendly neighborhood offering both tranquility and urban convenience. Welcome Home!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,250.50/mo

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5-yr fixed avg.

Principal: $949,600Interest: $625,550
Mortgage Amount$949,600
Total Interest$625,550
Est. Property Tax$841/mo
Total Cost$1,575,150

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

218 Fairfax Place, 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)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$841
Insurance (est.)-$247
Net Cash Flow+$2,112

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

Competitive Pricing

At $791/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.

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 $4,946 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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