$1,329,000 - 4042 Melba Lane, Burlington
Detached for Sale in Burlington
New — Listed yesterday- MLS Number
- W13456472
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Burlington
- Lot Size
- 8,256 sqft
- Listing Brokerage
- Royal LePage Real Estate Services Ltd., Brokerage
Extensively renovated (2026) family home on idyllic tree lined street in sought after Shoreacres in South Burlington! Generously sized (1558 sqft above grade + 676sqft lower level) on a large corner lot with mature gardens & trees. Welcoming curb appeal continues as you enter the home. Main floor foyer features triple coat closet with built in organizers & alcove with shoe bench (with under storage). The living room boasts hardwood, 4 large windows, wood burning fireplace with surround, crown moulding and flows into the dining room. The dining room is adorned by a modern chandelier, walks out to the back deck & opens to the kitchen. The kitchen is finished with quartz countertops & backsplash, double undermount SS sink with brass faucet, 2 modern light fixtures, newly installed cabinetry with undermount lighting & brass hardware. SS appliances include LG fridge/freezer with water/ice dispenser, Samsung stove with exhaust hood, Samsung dishwasher, & microwave. Small number of stairs lead to upper level with roomy bedrooms including primary with hardwood, smooth ceiling, double closet with shaker style doors & solid wood bedroom door. Lux main bathroom with 24' tile floor, vertical porcelain subway tiles, "brushed gold colour" fixtures including rain style shower head & oversized vanity with custom quartz counter. 2 additional bedrooms & convenient linen closet on upper level. Ground level is a versatile space for a home office or family room with hardwood floors, walkout to backyard, inside garage entry, and 3 piece bath. Lower level offers a great rec room with premium vinyl floor, pot lighting & smooth ceiling. Also provides a flexible den/office/bedroom, laundry (new LG W&D), and rough-in for future bath. Outside you'll find a backyard and sideyard with limitless potential. The backyard is very private and accessible via 2 walkouts. The sideyard is very underutilized at the moment, but can be transformed with fencing & landscaping to unlock an amazing large space!
Estimate your monthly payments for this property
Estimated Payment
$5,878.62/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.
4042 Melba Lane, 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
Fair Market Value
At $886/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.
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 $5,538 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.