2493 Newport Street, Burlington

Price: $1,389,900

4 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W12928162

From the moment you arrive, you're greeted by a grand entrance featuring an updated foyer and elegant staircase, setting the tone for the rest of the home. The thoughtfully designed main floor offers both comfort and functionality, highlighted by a bright and spacious family room with a cozy gas fireplace that flows seamlessly into a modern, recently painted eat-in kitchen-perfect for everyday living and effortless entertaining. A generous dining room adds versatility and can easily be converted back into a formal living room if desired. The main level is complete with a convenient 2-piece bath and a den, ideal for a home office or quiet workspace. Upstairs, you'll find four well-appointed bedrooms, including two with their own private 4-piece ensuites, providing added comfort and privacy. An additional 4-piece bath completes the upper level, making busy mornings a breeze for the whole family. The fully finished basement expands your living space even further, offering endless possibilities for a rec room, gym, or home office. Step outside to a beautifully landscaped backyard featuring a wood deck and a fully fenced yard, providing exceptional privacy-perfect for entertaining or relaxing in your own outdoor retreat. Ideally located close to schools, parks, shopping, dining, and golf courses, this home offers the perfect blend of space, style, and convenience.

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$1,389,900 - 2493 Newport Street, Burlington

Detached for Sale in Burlington

Popular Listing
4Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W12928162
Property Type
Detached
Status
active
Days on Site
8
Bedrooms
4
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Burlington
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

From the moment you arrive, you're greeted by a grand entrance featuring an updated foyer and elegant staircase, setting the tone for the rest of the home. The thoughtfully designed main floor offers both comfort and functionality, highlighted by a bright and spacious family room with a cozy gas fireplace that flows seamlessly into a modern, recently painted eat-in kitchen-perfect for everyday living and effortless entertaining. A generous dining room adds versatility and can easily be converted back into a formal living room if desired. The main level is complete with a convenient 2-piece bath and a den, ideal for a home office or quiet workspace. Upstairs, you'll find four well-appointed bedrooms, including two with their own private 4-piece ensuites, providing added comfort and privacy. An additional 4-piece bath completes the upper level, making busy mornings a breeze for the whole family. The fully finished basement expands your living space even further, offering endless possibilities for a rec room, gym, or home office. Step outside to a beautifully landscaped backyard featuring a wood deck and a fully fenced yard, providing exceptional privacy-perfect for entertaining or relaxing in your own outdoor retreat. Ideally located close to schools, parks, shopping, dining, and golf courses, this home offers the perfect blend of space, style, and convenience.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,148.00/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,111,920Interest: $732,479
Mortgage Amount$1,111,920
Total Interest$732,479
Est. Property Tax$985/mo
Total Cost$1,844,399

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

2493 Newport Street, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$985
Insurance (est.)-$290
Net Cash Flow+$2,025

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 $695/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.

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.

Bathroom Count Matters

With 4 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.

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 $5,791 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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