$1,288,000 - 5056 New Street Unit 4, Burlington
Condo for Sale in Burlington
New — Listed 5 days ago- MLS Number
- W13236732
- Property Type
- Condo
- Status
- active
- Days on Site
- 5
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,400 sqft
- Neighbourhood
- Burlington
- Locker
- None
- Exposure
- East West
- Balcony
- None
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Welcome to this extraordinary freehold Smart Home townhome in sought-after South Burlington, where luxury, technology, and craftsmanship come together seamlessly. Fully integrated through the Savant Smart Home system, this impeccably renovated residence showcases commercial-grade upgrades and designer finishes throughout. Luxury hardwood flooring spans every level, complemented by stunning Hubbardton Forge lighting, remote-controlled blinds, custom drapery, heated floors in the foyer and all bathrooms, solid steel exterior doors, solid wood interior doors, and all-new trim and baseboards. At the heart of the home is a spectacular chef's kitchen designed for both everyday living and entertaining, featuring double ovens, dual gas cooktops, double dishwashers, an oversized pantry, beverage fridge, premium stone countertops, and a large island with seating for six. The living space is anchored by a sleek ethanol fireplace, creating a warm and inviting atmosphere. Step outside to your professionally landscaped backyard retreat complete with composite decking, a hot tub, gas fire table and outdoor TV. The upper level offers a luxurious primary suite with a custom-built king headboard, integrated nightstands and lighting, a spacious walk-in closet with custom organizers, and a spa-inspired ensuite featuring heated floors, double vanities, and an oversized dual walk-in glass shower. The finished lower level features a fully soundproofed theatre room with an oversized custom sectional and large-screen TV, a stunning glass-enclosed wine cellar with storage for hundreds of bottles, and a spacious laundry room with custom cabinetry and a utility sink. Completing this remarkable home is a fully finished garage with custom storage systems and professional-grade racking. Rarely does a townhome offer this level of luxury, technology, and attention to detail in one of Burlington's most desirable locations. This is turnkey living at its finest.
Estimate your monthly payments for this property
Estimated Payment
$5,697.26/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.
5056 New Street Unit 4, 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 30+ years of GTA real estate experience
Fair Market Value
At $920/sqft, this property is priced in line with current Burlington market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Burlington's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 4 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.