$999,999 - 294 Cheltenham Road, Burlington
Detached for Sale in Burlington
- MLS Number
- W13206868
- Property Type
- Detached
- Status
- active
- Days on Site
- 21
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Burlington
- Listing Brokerage
- CENTURY 21 PROPERTY ZONE REALTY INC.
Prime South Burlington Corner Lot - Move In or Build Custom! Rare and exciting opportunity in South Burlington's highly sought-after Elizabeth Gardens pocket within the prestigious Appleby community! Situated on a massive, premium 70 x 115 ft corner lot on a beautiful street lined with majestic, mature trees, 294 Cheltenham Road offers an exceptional chance for end-users and custom builders alike. This 4-bedroom, 2-bathroom detached split-level home is completely move-in ready, featuring extensive modern updates. Enjoy a brand-new kitchen, stylish new flooring throughout, and ultimate peace of mind with a newly replaced furnace and AC (2025). Live in absolute comfort today while unlocking incredible future redevelopment potential. Skip the bureaucratic red tape, lengthy city approval timelines, and unnecessary stress-a legal building permit is already in place and fully approved for a spectacular 2,785 sq ft above-grade home, with detailed basement floor plans also available. The location is truly unbeatable. This established, family-friendly neighbor-hood is celebrated for its quiet, tree-lined streets and outstanding proximity to the Lake Ontario waterfront. Enjoy seamless connectivity to transit, highways. Active families will love the quick access to Sherwood Forest Park and the Nelson Recreation Centre. Whether you appreciate the immediate comfort of a traditional split-level layout or envision building a modern custom residence, this premium property offers outstanding value in one of Burlington's finest pockets. Book your private viewing today and secure your future home!
Estimate your monthly payments for this property
Estimated Payment
$5,130.51/mo
Includes CMHC insurance ($27,900)
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.
294 Cheltenham Road, Burlington
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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 $909/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 21 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 $4,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.