$1,499,000 - 458 Elwood Road, Burlington
Single Family Home for Sale in Burlington
32 days on market- MLS Number
- W12445508
- Property Type
- Single Family Home
- Status
- active
- Days on Site
- 32
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,100 sqft
- Neighbourhood
- Burlington
- Lot Size
- 1 sqft
- Listing Brokerage
- KELLER WILLIAMS EDGE REALTY
Room to grow. Space to live. Memories to make. Welcome to 458 Elwood Road, a full-acre oasis on a quiet Burlington street where kids ride bikes, neighbours wave, and privacy meets possibility. This solid, raised bungalow has been a stage for countless memories, including birthday parties, first steps, and backyard bonfires, and has raised nine children. Its walls tell stories, and there's still room for a hundred more. Whether you want to renovate, rebuild, or simply enjoy the space as-is, the bones are strong, the vibe is undeniable, and the potential is limitless. The current owners moved from Toronto to enjoy freedom, privacy, and space, along with a huge yard, a large kitchen, an immense detached garage, and complete seclusion from their neighbors. Backing onto a creek for the kids to play in, with peace surrounding you, yet the city's conveniences are just steps away: Parks, a riding /walking trail, GO stations, highways, schools, shopping, and Lake Ontario. Add to that a 2,200+ sq ft wired shop with 220V power, perfect for storing cars, skidoos, boats, projects, or even a home-based business. This is yours to enjoy, being the envy of the neighbourhood in the heart of Burlington, where imagination sets the limits. Don't just dream it, BUY IT! A rare opportunity to own space, freedom, and endless possibilities.
Estimate your monthly payments for this property
Estimated Payment
$6,630.58/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.
458 Elwood Road, Burlington
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Rental income estimator & ROI calculator
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 25+ years of GTA real estate experience
Premium Pricing
At $1363/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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Burlington.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $6,246 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.