$1,445,000 - 3277 Folkway Drive, Burlington
Detached for Sale in Burlington
Popular Listing- MLS Number
- W13129006
- Property Type
- Detached
- Status
- active
- Days on Site
- 11
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Burlington
- Listing Brokerage
- RE/MAX ESCARPMENT GOLFI REALTY INC.
Close to 3,800 sq ft of finished living space, this beautifully maintained Headon Forest 2-storey offers exceptional flexibility with 4 Bedrooms + Den above grade, including a second-level den that can easily be converted back to a 5th upstairs Bedroom, plus a 6th Bedroom, 4th Bathroom, and full second kitchen in the finished lower level. Set on a landscaped 63' x 100' lot with parking for 5 vehicles, the home is ideal for large families, multigenerational living, extended family, or guests. The carpet-free main floor features a bright, functional layout with a tiled foyer, formal living and dining rooms, and a cozy family room with wood-burning fireplace and walkout to the backyard. The spacious eat-in kitchen connects to the breakfast area and offers a second walkout to the large deck and gazebo, creating an easy flow for entertaining or quiet outdoor evenings. Inside garage access leads to the main floor laundry room with an additional side entrance. Upstairs, the oversized primary retreat includes dual walk-in closets and a spacious 5-piece ensuite, with 3 additional Bedrooms, the flexible den, and a full bathroom completing the second level. The finished lower level adds excellent versatility with a large rec room, gas fireplace, full second kitchen, bar area, additional Bedroom, 4-piece Bathroom, and cold storage. Additional updates and features include new garage doors, updated main floor windows, Telus security system, and newer A/C unit in 2023. All set in one of Burlington's most family-friendly communities, close to parks, schools, shopping, restaurants, and highway access.
Estimate your monthly payments for this property
Estimated Payment
$6,391.72/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.
3277 Folkway 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 $578/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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Burlington.
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 $6,021 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.