3346 Hannibal Road, Burlington

Price: $875,000

6 bedrooms, 2 bathrooms

1,100 sq ft

Property Type: Single Family Home

MLS#: W12648756

Welcome to this exceptional opportunity in the heart of Palmer, one of Burlington's most loved, family-friendly neighbourhoods. Known for top-rated schools, mature tree-lined streets, and expansive parks, this is a community where families put down roots and stay. Inside, the main floor offers a bright, open-concept layout designed for both everyday living and entertaining. The kitchen features quartz countertops, a generous peninsula ideal for gathering, and flows seamlessly into the dining area, highlighted by a modern accent wall. The living room feels warm and inviting, anchored by a large picture window that floods the space with natural light. Bedrooms are well-sized with thoughtful designer touches. The updated bathroom is sleek, modern and move-in ready with large shower, newer vanity and double sinks. The lower level provides a separate above-grade entrance and oversized windows, the basement is filled with remarkable natural light and offers incredible flexibility. Create an in-law suite, accommodate a multi-generational family, or reimagine the space as a large recreation room. Outside, enjoy an oversized backyard ready for kids, pets, gardening, or future enhancements. The home is ideally located close to shopping, schools, parks, and major highways, this is a rare chance to secure a solid, versatile home in a sought-after Burlington neighbourhood, at exceptional value.

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$875,000 - 3346 Hannibal Road, Burlington

Single Family Home for Sale in Burlington

32 days on market
6Beds
2Baths
1,100Sq Ft
Single Family Home
Property Details
MLS Number
W12648756
Property Type
Single Family Home
Status
active
Days on Site
32
Bedrooms
6
Bathrooms
2
Square Feet
1,100 sqft
Neighbourhood
Burlington
Lot Size
4,241 sqft
Listing Brokerage
RE/MAX Escarpment Realty Inc., Brokerage
Description

Welcome to this exceptional opportunity in the heart of Palmer, one of Burlington's most loved, family-friendly neighbourhoods. Known for top-rated schools, mature tree-lined streets, and expansive parks, this is a community where families put down roots and stay. Inside, the main floor offers a bright, open-concept layout designed for both everyday living and entertaining. The kitchen features quartz countertops, a generous peninsula ideal for gathering, and flows seamlessly into the dining area, highlighted by a modern accent wall. The living room feels warm and inviting, anchored by a large picture window that floods the space with natural light. Bedrooms are well-sized with thoughtful designer touches. The updated bathroom is sleek, modern and move-in ready with large shower, newer vanity and double sinks. The lower level provides a separate above-grade entrance and oversized windows, the basement is filled with remarkable natural light and offers incredible flexibility. Create an in-law suite, accommodate a multi-generational family, or reimagine the space as a large recreation room. Outside, enjoy an oversized backyard ready for kids, pets, gardening, or future enhancements. The home is ideally located close to shopping, schools, parks, and major highways, this is a rare chance to secure a solid, versatile home in a sought-after Burlington neighbourhood, at exceptional value.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,489.20/mo

Includes CMHC insurance ($24,413)

$
$
5%10%50%

5-yr fixed avg.

Principal: $787,500Interest: $534,849
Mortgage Amount$811,913
Total Interest$534,849
Est. Property Tax$620/mo
Total Cost$1,346,761

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

3346 Hannibal Road, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$620
Insurance (est.)-$182
Net Cash Flow+$3,198

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

Competitive Pricing

At $795/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.

Market Position

At 32 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.

Excellent Flexibility

With 6 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.

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 $3,646 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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