2387 Cyprus Avenue, Burlington

Price: $899,900

5 bedrooms, 3 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W13057070

Welcome to 2387 Cyprus Avenue in Burlington-an incredibly versatile corner-lot home tucked into the family-friendly Clarksdale Community. Surrounded by convenience, this location offers easy highway access, nearby walking paths, parks, restaurants, shopping, and a school just a block away-perfect for growing families. Thoughtfully configured into two separate units, this home presents a range of possibilities. Ideal for multi-generational living, savvy investors, or first-time buyers looking to offset their mortgage, the layout offers both flexibility and functionality. The main level features three spacious bedrooms and a bright living area with patio doors leading out to a private deck-perfect for entertaining or relaxing outdoors. The lower level boasts a well-appointed two-bedroom apartment with large above-grade windows that fill the space with natural light, along with a cozy gas fireplace that adds warmth and charm, and a bathroom featuring heated floors for added comfort. A newly renovated shared laundry room conveniently services both units. Each unit enjoys its own private entrance, dedicated backyard space, and separate storage shed, providing comfort and independence for occupants. Completing the home is an attached garage with an automatic opener and ample parking for up to four vehicles. A smart investment in a sought-after neighborhood-this is an opportunity you won't want to miss.

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$899,900 - 2387 Cyprus Avenue, Burlington

Detached for Sale in Burlington

50 days on market
5Beds
3Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
W13057070
Property Type
Detached
Status
active
Days on Site
50
Bedrooms
5
Bathrooms
3
Square Feet
700 - 1,099 sqft
Neighbourhood
Burlington
Listing Brokerage
EXP REALTY
Description

Welcome to 2387 Cyprus Avenue in Burlington-an incredibly versatile corner-lot home tucked into the family-friendly Clarksdale Community. Surrounded by convenience, this location offers easy highway access, nearby walking paths, parks, restaurants, shopping, and a school just a block away-perfect for growing families. Thoughtfully configured into two separate units, this home presents a range of possibilities. Ideal for multi-generational living, savvy investors, or first-time buyers looking to offset their mortgage, the layout offers both flexibility and functionality. The main level features three spacious bedrooms and a bright living area with patio doors leading out to a private deck-perfect for entertaining or relaxing outdoors. The lower level boasts a well-appointed two-bedroom apartment with large above-grade windows that fill the space with natural light, along with a cozy gas fireplace that adds warmth and charm, and a bathroom featuring heated floors for added comfort. A newly renovated shared laundry room conveniently services both units. Each unit enjoys its own private entrance, dedicated backyard space, and separate storage shed, providing comfort and independence for occupants. Completing the home is an attached garage with an automatic opener and ample parking for up to four vehicles. A smart investment in a sought-after neighborhood-this is an opportunity you won't want to miss.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,616.95/mo

Includes CMHC insurance ($25,107)

$
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5%10%50%

5-yr fixed avg.

Principal: $809,910Interest: $550,069
Mortgage Amount$835,017
Total Interest$550,069
Est. Property Tax$637/mo
Total Cost$1,385,086

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

2387 Cyprus Avenue, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$2,776

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

Premium Pricing

At $1286/sqft, this property is priced above the Burlington average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 50 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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    2387 Cyprus Avenue, Burlington | $899,900 | Battaglia Team