$1,899,900 - 403 Smith Avenue, Burlington
Detached for Sale in Burlington
Popular Listing- MLS Number
- W12918162
- Property Type
- Detached
- Status
- active
- Days on Site
- 11
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Burlington
- Listing Brokerage
- KELLER WILLIAMS EDGE REALTY
This tastefully renovated century farmhouse sits on one of the most sought after streets in downtown Burlington, offering a truly unique opportunity on a premium park like 60 x 181 ft lot adjacent to the waterfront trail and bike path. This 3 bedroom, 3.5 bathroom home features hardwood floors, exposed brick, skylights and pot lighting that add warmth and character throughout. The main level features a beautiful primary bedroom with a spa inspired 5 piece ensuite and a large walk in closet with stacked washer and dryer. The open concept kitchen includes stainless steel appliances, marble counters, tile backsplash and under cabinet lighting. Enjoy the formal dining room with exposed brick, vaulted ceiling and a rough in wet bar, perfect for entertaining. Along the back is an inviting family room with custom built ins, a charming office or reading nook, and a powder room overlooking the expansive fully fenced backyard. The upper level offers 2 bedrooms and a full bathroom, ideal for kids or guests. The finished lower level provides even more flexibility, featuring a comfortable rec room or home office along with a 3 piece bathroom. There is inside access to the spacious 1.5 car garage with a bonus fully finished kids retreat above, complete with electric fireplace and AC. The driveway provides parking for 4 cars.Steps to schools, parks, Lake Ontario, Spencer Smith Park, the YMCA, performing arts centre, library, shops and restaurants, this home offers an unmatched walk-able lifestyle in downtown Burlington.
Estimate your monthly payments for this property
Estimated Payment
$8,403.90/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.
403 Smith Avenue, 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 25+ years of GTA real estate experience
Fair Market Value
At $950/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.
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.
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 $7,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.