$950,000 - 3118 Centennial Drive, Burlington
Detached for Sale in Burlington
New — Listed yesterday- MLS Number
- W13214690
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Burlington
- Listing Brokerage
- ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Located in Burlington's established Palmer community, this beautifully maintained rarely offered 4-bed, 1.5 bath side split offers over 1800sqft above grade. Ideally situated on a large premium corner lot surrounded by mature trees. The double-door entry and inviting foyer welcome you home. Up a few gentle stairs, the main level is flooded with natural light from the huge windows that highlight the open concept living and dining rooms with updated hardwood flooring. The eat-in kitchen includes granite counters, tile backsplash, pot and pan drawers, ample cabinetry, and a bright breakfast nook. The lower level offers a spacious family room with a walkout to the backyard, a 2-pc bath with room to expand to a full bath. Upstairs are 4 well-sized bedrooms all featuring hardwood floors. The primary includes his/her closets and direct entry to the shared 4-pc bath. The finished basement adds in-law suite potential with a large rec room with above-grade windows, a second kitchen, laundry, and a large crawl space ideal for seasonal storage. The exterior features manicured landscaping, an attached garage with inside entry, driveway parking for 3 cars, and a fully fenced, pool-sized backyard. With a flexible layout, generous indoor and outdoor space, and a prime Burlington location, this is a fantastic family home opportunity. Close to parks, schools, shopping, transit, restaurants, and amenities, it delivers an ideal blend of comfort and convenience.
Estimate your monthly payments for this property
Estimated Payment
$4,873.99/mo
Includes CMHC insurance ($26,505)
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.
3118 Centennial Drive, Burlington
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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
Competitive Pricing
At $633/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.
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.
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 $3,958 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.