510 Markay Common, Burlington

Price: $1,889,900

4 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W12385270

Welcome to "The Hayden" - A brand new home in Burlington by Markay Homes offering 2,488 sq. ft. of beautifully finished living space. Currently under construction, this exceptional residence gives you the opportunity to personalize interior colours and finishes, allowing you to create a home that perfectly reflects your style. Located in Bellview by the lake South Burlington, this home is steps from the lake and blends peaceful suburban living with the convenience of being close to downtown Burlington, trendy shops, restaurants, entertainment and Joseph Brant Hospital. The main floor features an open-concept layout, perfect for entertaining and daily living. The spacious great room is filled with natural light, while a separate formal parlour/living room offers a quiet retreat. The gourmet kitchen showcases Quartz countertops, custom cabinetry, and stainless steel appliances, flowing seamlessly into the living areas ideal for gatherings and meal prep. Upstairs, the primary suite offers dual closets and a spa-like ensuite with a free-standing tub and glass shower. Additional bedrooms are generously sized, and spa-inspired bathrooms add elegance. Features include Hardwood throughout except tiled areas, 5 1/4" baseboards, Oak staircase with wrought iron pickets, smooth 9' ceilings on first and second floors and heightened interior doors.

510 Markay Common - Detached photo 1 of 5 in Burlington, Ontario
510 Markay Common - Detached photo 2 of 5 in Burlington, Ontario
510 Markay Common - Detached photo 3 of 5 in Burlington, Ontario
510 Markay Common - Detached photo 4 of 5 in Burlington, Ontario
510 Markay Common - Detached photo 5 of 5 in Burlington, Ontario
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$1,889,900 - 510 Markay Common, Burlington

Detached for Sale in Burlington

141 days on market
4Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W12385270
Property Type
Detached
Status
active
Days on Site
141
Bedrooms
4
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Burlington
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Description

Welcome to "The Hayden" - A brand new home in Burlington by Markay Homes offering 2,488 sq. ft. of beautifully finished living space. Currently under construction, this exceptional residence gives you the opportunity to personalize interior colours and finishes, allowing you to create a home that perfectly reflects your style. Located in Bellview by the lake South Burlington, this home is steps from the lake and blends peaceful suburban living with the convenience of being close to downtown Burlington, trendy shops, restaurants, entertainment and Joseph Brant Hospital. The main floor features an open-concept layout, perfect for entertaining and daily living. The spacious great room is filled with natural light, while a separate formal parlour/living room offers a quiet retreat. The gourmet kitchen showcases Quartz countertops, custom cabinetry, and stainless steel appliances, flowing seamlessly into the living areas ideal for gatherings and meal prep. Upstairs, the primary suite offers dual closets and a spa-like ensuite with a free-standing tub and glass shower. Additional bedrooms are generously sized, and spa-inspired bathrooms add elegance. Features include Hardwood throughout except tiled areas, 5 1/4" baseboards, Oak staircase with wrought iron pickets, smooth 9' ceilings on first and second floors and heightened interior doors.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,359.67/mo

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5-yr fixed avg.

Principal: $1,511,920Interest: $995,980
Mortgage Amount$1,511,920
Total Interest$995,980
Est. Property Tax$1,339/mo
Total Cost$2,507,900

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

510 Markay Common, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$1,339
Insurance (est.)-$394
Net Cash Flow+$1,567

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $945/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.

Negotiation Opportunity

At 141 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Burlington. Good resale value as demand remains consistent.

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.

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    510 Markay Common, Burlington | $1,889,900 | Battaglia Team