3046 South Drive, Burlington

Price: $2,199,000

3 bedrooms, 2 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W12947120

Tucked into one of Roseland's most coveted enclaves, this exceptional corner property offers a rare opportunity to secure a meaningful foothold in Burlington's premier lakeside community-defined by its mature canopy, estate homes, and access to top-ranked schools including John T. Tuck Public School and Nelson High School. Set on an expansive 101 x 130 ft lot and surrounded by multi-million dollar estates, this property is as compelling for what it is today as for what it could become. The residence itself sprawls over 2,300 sq ft on the main level and has been meticulously maintained by the same family for nearly four decades-an uncommon level of stewardship that speaks throughout. Inside, the home carries a quiet sense of character and scale: soaring ceilings in the principal rooms, a thoughtfully updated kitchen with stone countertops and Miele appliances, wood sash windows, and a generously proportioned primary suite. Outdoors, a private, sheltered patio is seamlessly integrated into the architecture of the home, complemented by mature landscaping, irrigation, a detached garage, and reliable Generac backup power. The home is move-in ready today, while also offering clear and immediate upside-considered aesthetic updates would elevate it meaningfully. For those thinking longer term, the lot and setting provide an exceptional canvas for a future custom residence. This fabulous location is moments to the lake, parks, and the amenities of downtown Burlington, also with convenient access to major routes. Priced with intention, this is a rare chance to enter Roseland at a level that reflects both current value and future potential-an offering that is becoming increasingly difficult to find.

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active
New Listing
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$2,199,000 - 3046 South Drive, Burlington

Detached for Sale in Burlington

New — Listed 3 days ago
3Beds
2Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W12947120
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
2
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Burlington
Listing Brokerage
Corcoran Horizon Realty
Description

Tucked into one of Roseland's most coveted enclaves, this exceptional corner property offers a rare opportunity to secure a meaningful foothold in Burlington's premier lakeside community-defined by its mature canopy, estate homes, and access to top-ranked schools including John T. Tuck Public School and Nelson High School. Set on an expansive 101 x 130 ft lot and surrounded by multi-million dollar estates, this property is as compelling for what it is today as for what it could become. The residence itself sprawls over 2,300 sq ft on the main level and has been meticulously maintained by the same family for nearly four decades-an uncommon level of stewardship that speaks throughout. Inside, the home carries a quiet sense of character and scale: soaring ceilings in the principal rooms, a thoughtfully updated kitchen with stone countertops and Miele appliances, wood sash windows, and a generously proportioned primary suite. Outdoors, a private, sheltered patio is seamlessly integrated into the architecture of the home, complemented by mature landscaping, irrigation, a detached garage, and reliable Generac backup power. The home is move-in ready today, while also offering clear and immediate upside-considered aesthetic updates would elevate it meaningfully. For those thinking longer term, the lot and setting provide an exceptional canvas for a future custom residence. This fabulous location is moments to the lake, parks, and the amenities of downtown Burlington, also with convenient access to major routes. Priced with intention, this is a rare chance to enter Roseland at a level that reflects both current value and future potential-an offering that is becoming increasingly difficult to find.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$9,726.92/mo

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5-yr fixed avg.

Principal: $1,759,200Interest: $1,158,876
Mortgage Amount$1,759,200
Total Interest$1,158,876
Est. Property Tax$1,558/mo
Total Cost$2,918,076

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

3046 South Drive, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,900/mo
Range: $2,465 - $3,335
Cap Rate (ROI)
0.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,900
Maintenance Fees-$0
Property Tax (est.)-$1,558
Insurance (est.)-$458
Net Cash Flow+$884

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

Fair Market Value

At $1100/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Burlington's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 $9,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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