$519,900 - 4449 Milburough Line Unit 2 Cedar Street, Burlington
Detached for Sale in Burlington
136 days on market- MLS Number
- W12703464
- Property Type
- Detached
- Status
- active
- Days on Site
- 136
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Burlington
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Definitely one of THE BEST Locations in Lost Forest Park, set on a prime corner lot backing onto forested conservation. This General Coach custom model boasts an open layout with thoughtful upgrades throughout. The spacious eat-in kitchen features neutral cabinetry, pull-out drawers, a pantry, black stainless steel appliances, Corian countertops, pendant lights, and under-cabinet lighting. The large living room showcases a stunning floor-to-ceiling stone Napoleon electric fireplace. The primary bedroom includes a walk-in closet and a 4-piece ensuite, while the home also features a second bedroom, an additional 3-piece bath, and a roomy laundry area with full-size washer and dryer. Pocket French door entry to the bright den/sunroom with large windows to unwind and enjoy the forest view. The sunroom also features access to the professionally enclosed porch for 3-season enjoyment. California shutters, vaulted ceilings, pot lights, and ceiling fans add charm throughout. A Generac generator ensures peace of mind, and the professionally landscaped lot shines with a flagstone patio, low-maintenance artificial grass, mature trees, beautiful gardens, storage shed and a custom built raised garden bed. Enjoy entertaining in your private backyard and the tranquility of nature. Parking for two cars on the oversized double driveway! Lost Forest Park is a gated 100-acre community with amenities like a pool and walking trails, and a monthly fee of approximately $782 covers the land lease, maintenance, and more. Conveniently located in north Burlington and a short distance to Waterdown's shops and restaurants, this rare find is truly one-of-a-kind.
Estimate your monthly payments for this property
Estimated Payment
$2,667.36/mo
Includes CMHC insurance ($14,505)
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.
4449 Milburough Line Unit 2 Cedar Street, 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
Competitive Pricing
At $743/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.
Negotiation Opportunity
At 136 days on site, this property has exceeded the typical selling timeline for Burlington. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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.
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 $2,166 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.