4449 Milburough 5 Tamarac Line, Burlington

Price: $498,800

2 bedrooms, 2 bathrooms

700 sq ft

Property Type: Single Family Home

MLS#: W12563654

Welcome to Lost Forest! Discover a low maintenance lifestyle in this stunning custom designed 2 bedroom, 2-bath modular home with cathedral ceilings and stunning family sized kitchen with warm decor and a flowing layout. Located in a desirable gated community and built just 12 years ago, it offers 1,046 square feet of bright, open-concept living space. This home combines modern comfort with a welcoming design in a gorgeous setting that far exceeds other types of ownership at an affordable price. The spacious kitchen features plenty of cabinetry including pull out drawers in the pantry, a large dining area is open to a cozy living room complete with an entertainment wall unit with electric fireplace. Enjoy your morning coffee or relax at sunset on the large deck with 3 access doors to the your home including sliding doors that lets the natural light brighten your home. There is ample storage within plus a handy oversized garden shed to utilize as well. Additional highlights include a B/I desk in the 2nd bedroom, tall toilets, solid wood doors, a generator and parking for 2 vehicles on a concrete pad. Lost Forest Park residents enjoy outstanding amenities including an inground pool, community centre/pavilion, pickle ball court, an area to enjoy horse shoes, a play area for the kids and walking trails. The low monthly fee ($550) conveniently covers the land lease, water, septic, property taxes and year-round maintenance. Located just minutes from shopping in Burlington, Waterdown and nearby Carlisle, dining, golf courses and major highways. This is the perfect blend of comfort, convenience and community that any one would thrive in. Make the move today and start living the lifestyle you deserve!

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$498,800 - 4449 Milburough 5 Tamarac Line, Burlington

Single Family Home for Sale in Burlington

32 days on market
2Beds
2Baths
700Sq Ft
Single Family Home
Property Details
MLS Number
W12563654
Property Type
Single Family Home
Status
active
Days on Site
32
Bedrooms
2
Bathrooms
2
Square Feet
700 sqft
Neighbourhood
Burlington
Listing Brokerage
HOUSESIGMA INC.
Description

Welcome to Lost Forest! Discover a low maintenance lifestyle in this stunning custom designed 2 bedroom, 2-bath modular home with cathedral ceilings and stunning family sized kitchen with warm decor and a flowing layout. Located in a desirable gated community and built just 12 years ago, it offers 1,046 square feet of bright, open-concept living space. This home combines modern comfort with a welcoming design in a gorgeous setting that far exceeds other types of ownership at an affordable price. The spacious kitchen features plenty of cabinetry including pull out drawers in the pantry, a large dining area is open to a cozy living room complete with an entertainment wall unit with electric fireplace. Enjoy your morning coffee or relax at sunset on the large deck with 3 access doors to the your home including sliding doors that lets the natural light brighten your home. There is ample storage within plus a handy oversized garden shed to utilize as well. Additional highlights include a B/I desk in the 2nd bedroom, tall toilets, solid wood doors, a generator and parking for 2 vehicles on a concrete pad. Lost Forest Park residents enjoy outstanding amenities including an inground pool, community centre/pavilion, pickle ball court, an area to enjoy horse shoes, a play area for the kids and walking trails. The low monthly fee ($550) conveniently covers the land lease, water, septic, property taxes and year-round maintenance. Located just minutes from shopping in Burlington, Waterdown and nearby Carlisle, dining, golf courses and major highways. This is the perfect blend of comfort, convenience and community that any one would thrive in. Make the move today and start living the lifestyle you deserve!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,559.10/mo

Includes CMHC insurance ($13,917)

$
$
5%10%50%

5-yr fixed avg.

Principal: $448,920Interest: $304,894
Mortgage Amount$462,837
Total Interest$304,894
Est. Property Tax$353/mo
Total Cost$767,731

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

4449 Milburough 5 Tamarac Line, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,943

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 $713/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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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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