476 Walkers Line Unit 3, Burlington

Price: $847,900

3 bedrooms, 3 bathrooms

1,600 sqft

Property Type: Condo

MLS#: W12763218

Beautiful executive 1638 sq. ft. townhouse condominium located in a boutique enclave. Just minutes away from the lake. A short 8 minute drive to downtown Burlington. Two banks on the corner, transit right out front, shopping across the street, walking/cycling path, minutes from the go station, short walk to Spencer Smith park and 5 minutes south of the QEW.3 bedrooms, 2 baths, two walk-in closets, 4 piece ensuite, walkout balcony from the master bedroom, 3 piece ensuite with access from a bedroom and the hall, laundry room on the second floor, central vacuum, central air, forced air, gas fireplace, 9 foot ceilings, newer furnace, newer shingles, walkout deck to the backyard, upgraded insulation, large unfinished basement (708 sq. ft.) with endless possibilities.Quiet, mature tree setting, lots of natural light. Interior garage access, parking for two vehicles.Complex of 15 townhouse condominium units. 8 parking spots reserved for visitors. Fantastic opportunity to own a comfortable, spacious (2346 sq. ft.), well-located home in one of the most desirable neighbourhoods in Burlington.

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$847,900 - 476 Walkers Line Unit 3, Burlington

Condo for Sale in Burlington

44 days on market
3Beds
3Baths
1,600Sq Ft
Condo
Property Details
MLS Number
W12763218
Property Type
Condo
Status
active
Days on Site
44
Bedrooms
3
Bathrooms
3
Square Feet
1,600 sqft
Neighbourhood
Burlington
Lot Size
47,576 sqft
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
REAL ESTATE HOMEWARD
Description

Beautiful executive 1638 sq. ft. townhouse condominium located in a boutique enclave. Just minutes away from the lake. A short 8 minute drive to downtown Burlington. Two banks on the corner, transit right out front, shopping across the street, walking/cycling path, minutes from the go station, short walk to Spencer Smith park and 5 minutes south of the QEW.3 bedrooms, 2 baths, two walk-in closets, 4 piece ensuite, walkout balcony from the master bedroom, 3 piece ensuite with access from a bedroom and the hall, laundry room on the second floor, central vacuum, central air, forced air, gas fireplace, 9 foot ceilings, newer furnace, newer shingles, walkout deck to the backyard, upgraded insulation, large unfinished basement (708 sq. ft.) with endless possibilities.Quiet, mature tree setting, lots of natural light. Interior garage access, parking for two vehicles.Complex of 15 townhouse condominium units. 8 parking spots reserved for visitors. Fantastic opportunity to own a comfortable, spacious (2346 sq. ft.), well-located home in one of the most desirable neighbourhoods in Burlington.

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Estimate your monthly payments for this property

Estimated Payment

$4,350.17/mo

Includes CMHC insurance ($23,656)

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5-yr fixed avg.

Principal: $763,110Interest: $518,284
Mortgage Amount$786,766
Total Interest$518,284
Est. Property Tax$601/mo
Total Cost$1,305,050

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

476 Walkers Line Unit 3, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
2.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$1,040
Property Tax (est.)-$601
Insurance (est.)-$177
Net Cash Flow+$1,422

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 $530/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 44 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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.

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.

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