4128 Palermo Common, Burlington

Price: $758,000

2 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: W12984484

Three-storey freehold townhome in one of Burlington's most convenient locations, thoughtfully updated from top to bottom. Newer hardwood staircase with iron pickets, engineered hardwood on the second and third levels, renovated bathrooms, and smart home features including a Nest thermostat, video doorbell, smart smoke detectors and smart lighting with dimmers throughout. The main level has a versatile den that works well as a home office or sitting area, plus a coat closet and access to the garage. Step upstairs to the second level where nine foot ceilings, pot lights, and an open kitchen, living, and dining area give the space a bigger feel. Glass patio doors lead out to a covered terrace. The kitchen has extended cabinetry, quartz countertops, stainless steel appliances, a new microwave, fresh dual sinks and black faucet, and a pantry with organizers. Head up to the third level and you've got two bedrooms, both with engineered hardwood, a primary suite with a walk-in closet with built-in organizers, and a fully renovated bathroom with an oversized shower, Pierdeco designer column, quartz vanity, and black hardware. Laundry is on this level too with full-size washer and dryer. Tucked away in a quiet, private enclave yet right in the middle of everything Burlington has to offer, top rated schools, parks, shopping, the QEW, and Appleby GO are all minutes away. One car garage, owned furnace and AC. All you need to do is move in.

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active
New Listing
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$758,000 - 4128 Palermo Common, Burlington

Townhouse for Sale in Burlington

New — Listed 4 days ago
2Beds
2Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
W12984484
Property Type
Townhouse
Status
active
Days on Site
4
Bedrooms
2
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Burlington
Listing Brokerage
RE/MAX Escarpment Realty Inc., Brokerage
Description

Three-storey freehold townhome in one of Burlington's most convenient locations, thoughtfully updated from top to bottom. Newer hardwood staircase with iron pickets, engineered hardwood on the second and third levels, renovated bathrooms, and smart home features including a Nest thermostat, video doorbell, smart smoke detectors and smart lighting with dimmers throughout. The main level has a versatile den that works well as a home office or sitting area, plus a coat closet and access to the garage. Step upstairs to the second level where nine foot ceilings, pot lights, and an open kitchen, living, and dining area give the space a bigger feel. Glass patio doors lead out to a covered terrace. The kitchen has extended cabinetry, quartz countertops, stainless steel appliances, a new microwave, fresh dual sinks and black faucet, and a pantry with organizers. Head up to the third level and you've got two bedrooms, both with engineered hardwood, a primary suite with a walk-in closet with built-in organizers, and a fully renovated bathroom with an oversized shower, Pierdeco designer column, quartz vanity, and black hardware. Laundry is on this level too with full-size washer and dryer. Tucked away in a quiet, private enclave yet right in the middle of everything Burlington has to offer, top rated schools, parks, shopping, the QEW, and Appleby GO are all minutes away. One car garage, owned furnace and AC. All you need to do is move in.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,888.93/mo

Includes CMHC insurance ($21,148)

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5-yr fixed avg.

Principal: $682,200Interest: $463,332
Mortgage Amount$703,348
Total Interest$463,332
Est. Property Tax$537/mo
Total Cost$1,166,680

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

4128 Palermo Common, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$0
Property Tax (est.)-$537
Insurance (est.)-$158
Net Cash Flow+$1,505

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 30+ years of GTA real estate experience

Competitive Pricing

At $689/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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Burlington have shown strong appreciation as families seek more space.

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 $3,158 (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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