4197 Walkers Line, Burlington

Price: $4,995,000

3 bedrooms, 2 bathrooms

2,000 sq ft

Property Type: Single Family Home

MLS#: W12148528

34+ Acres approx, fibre optics internet now hooked up, walk to Farm Boy, walk-in clinics, Shoppers Drug Mart, Longo's, Starbucks and great restaurants. Gorgeous escarpment views, note zoning is Escarpment Rural Area, less restrictive than Escarpment Protected Area and potential to designate the adorable stone home and receive a permit to build a second new home. Lots of options for beautiful sites set way back from the road with escarpment views to north and west, even a small forest with trails. Charming stone home, 60' X 120' indoor riding riding arena, and approx 19 stall barn, just north of Hwy 407, this beautiful home and property comprises approx 34 acres of which approx 25 acres are workable, a small wooded forest, and charming residence nicely nestled within a stately homestead setting. Rare opportunity here to own such a large parcel of land so close to all the amenities...many options here...buy and hold for multi generational planning...move in and have fun...or lease and hold! Shingles, eavestrough, energy efficient heat pumps, 2024. Seller may take back mortgage!

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$4,995,000 - 4197 Walkers Line, Burlington

Single Family Home for Sale in Burlington

32 days on market
3Beds
2Baths
2,000Sq Ft
Single Family Home
Property Details
MLS Number
W12148528
Property Type
Single Family Home
Status
active
Days on Site
32
Bedrooms
3
Bathrooms
2
Square Feet
2,000 sqft
Neighbourhood
Burlington
Lot Size
34 sqft
Listing Brokerage
Royal LePage Real Estate Services Ltd., Brokerage
Description

34+ Acres approx, fibre optics internet now hooked up, walk to Farm Boy, walk-in clinics, Shoppers Drug Mart, Longo's, Starbucks and great restaurants. Gorgeous escarpment views, note zoning is Escarpment Rural Area, less restrictive than Escarpment Protected Area and potential to designate the adorable stone home and receive a permit to build a second new home. Lots of options for beautiful sites set way back from the road with escarpment views to north and west, even a small forest with trails. Charming stone home, 60' X 120' indoor riding riding arena, and approx 19 stall barn, just north of Hwy 407, this beautiful home and property comprises approx 34 acres of which approx 25 acres are workable, a small wooded forest, and charming residence nicely nestled within a stately homestead setting. Rare opportunity here to own such a large parcel of land so close to all the amenities...many options here...buy and hold for multi generational planning...move in and have fun...or lease and hold! Shingles, eavestrough, energy efficient heat pumps, 2024. Seller may take back mortgage!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$22,094.57/mo

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5-yr fixed avg.

Principal: $3,996,000Interest: $2,632,371
Mortgage Amount$3,996,000
Total Interest$2,632,371
Est. Property Tax$3,538/mo
Total Cost$6,628,371

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

4197 Walkers Line, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,900/mo
Range: $2,465 - $3,335
Cap Rate (ROI)
-0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,900
Maintenance Fees-$0
Property Tax (est.)-$3,538
Insurance (est.)-$1,041
Net Cash Flow-$1,679

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

Premium Pricing

At $2498/sqft, this property is priced above the Burlington average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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.

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.

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 $20,813 (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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