$2,450,000 - 2602 No 2 Side Road, Burlington
Detached for Sale in Burlington
48 days on market- MLS Number
- W13067970
- Property Type
- Detached
- Status
- active
- Days on Site
- 48
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Burlington
- Lot Size
- 2 sqft
- Listing Brokerage
- CENTURY 21 MILLER REAL ESTATE LTD.
Set on an exceptional 2-acre parcel in the coveted Mount Nemo community of North Burlington, this property offers a rare opportunity to live, invest, or build. Backing onto prestigious Bluffs Estates and surrounded by mature trees and scenic trails, the setting delivers a peaceful, Muskoka-inspired lifestyle just minutes to Dundas Street, major highways, shopping, golf, and steps to the Bruce Trail. The existing residence is a well-maintained 2+1 bedroom bungalow offering approximately 1,923 sq ft on the main level, plus a finished lower level. A bright, functional layout features a spacious living room with a large picture window, wood-burning fireplace, and feature brick wall. The dining room includes built-in cabinetry and overlooks the picturesque grounds, while the kitchen offers Corian countertops, ceramic flooring, and a window above the double sink. Two bedrooms are tucked into a private wing, alongside an updated main bathroom with walk-in shower. A separate main-level wing with its own entrance provides in-law or multi-generational living potential, featuring an oversized open-concept space, kitchenette, wood-burning stove, and multiple access points. The lower level adds further versatility with a recreation room, additional bedroom, and laundry. For those seeking to create a true estate-calibre residence, plans are available for a custom home offering just under 13,000 sq ft of combined gross floor area including parking for 5 cars. This represents a rare opportunity to establish a landmark estate within one of North Burlington's most coveted natural settings. Renowned builder Ambassador Fine Custom Homes has been engaged, bringing proven expertise and a deep understanding of the property. With approvals in final stages and expected in the coming months, this offering presents a unique opportunity to expedite the development timeline and move forward with confidence alongside an experienced builder. Comprehensive due diligence has been completed.
Estimate your monthly payments for this property
Estimated Payment
$10,837.18/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.
2602 No 2 Side Road, 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
Premium Pricing
At $1633/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 48 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $10,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.