$1,080,000 - 2334 Prospect Street, Burlington
Detached for Sale in Burlington
- MLS Number
- W12908634
- Property Type
- Detached
- Status
- active
- Days on Site
- 22
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Burlington
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Nestled in one of Burlington's most sought-after and convenient neighbourhoods, 2334 Prospect St is a beautifully maintained and extensively upgraded bungalow that truly has it all. From the moment you walk through the door, you are greeted by a bright, naturally lit home that feels warm, spacious, and completely move-in ready. The living room is generously sized and perfect for family gatherings, entertaining guests, or simply enjoying a quiet evening in, while the well-appointed kitchen impresses with beautiful flooring and appliances, ideal for home cooks and entertainers alike. The main floor features a beautifully upgraded 4-piece bathroom with tasteful, elevated finishes that bring a boutique-hotel feel to everyday living. Downstairs, the finished walk-up basement is a true bonus, offering incredible in-law suite potential with a spacious recreation room ready to be whatever you need, a versatile room that could easily serve as an extra bedroom, and a bright 4-piece bathroom, all bathed in the same wonderful natural light that fills this home. Outside is where the magic truly happens, as a professionally landscaped backyard with exterior accent lighting sets the scene for unforgettable summer evenings, and the stunning in-ground pool, professionally maintained with a recently updated liner, filter, pumps, and safety cover, is ready for its best season yet. With 5 parking spots, a newer roof, a newer furnace and AC, brand-new laundry machines, all-new basement flooring, fresh lighting, and new interior trim and doors throughout, this property is the complete package. Very centrally located just steps from public transit, Central Park, and Burlington Public Library, with top-rated schools including Lakeshore Public and Burlington Central Secondary nearby, and a quick drive to everything Downtown Burlington offers, Spencer Smith Park, Burlington GO, and all major highways, this is the home you have been waiting for.
Estimate your monthly payments for this property
Estimated Payment
$4,777.20/mo
5-yr fixed avg.
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.
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
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.
2334 Prospect Street, Burlington
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $982/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.
Market Position
At 22 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 $4,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.