514 Thelma Street, Burlington

Price: $948,000

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: W12940644

Welcome to 514 Thelma - beautifully maintained freehold townhome! The perfect blend of comfort, style, and functionality in sought after Appleby community in Burlington . Bright and spacious layout with generously sized principal rooms, ideal for both cozy living and entertaining. Updated kitchen with modern finishes and ample storage with breakfast nook overlooking the rear garden. Upstairs offer timeless layout with 3 excellent sized bedrooms with primary 3 piece ensuite and walk in closet. Covered front porch with beautifully maintained rear garden. Perfect outdoor entertaining space with outdoor seating area. Endless opportunity on the lower level. Private oversized garage with walk-through to backyard. Close to Appleby Go, new shopping plaza and boutique shops. Hiking trails & no maintenance fees!

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active
New Listing
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$948,000 - 514 Thelma Street, Burlington

Townhouse for Sale in Burlington

New — Listed 2 days ago
3Beds
3Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
W12940644
Property Type
Townhouse
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Burlington
Listing Brokerage
RE/MAX PROFESSIONALS INC.
Description

Welcome to 514 Thelma - beautifully maintained freehold townhome! The perfect blend of comfort, style, and functionality in sought after Appleby community in Burlington . Bright and spacious layout with generously sized principal rooms, ideal for both cozy living and entertaining. Updated kitchen with modern finishes and ample storage with breakfast nook overlooking the rear garden. Upstairs offer timeless layout with 3 excellent sized bedrooms with primary 3 piece ensuite and walk in closet. Covered front porch with beautifully maintained rear garden. Perfect outdoor entertaining space with outdoor seating area. Endless opportunity on the lower level. Private oversized garage with walk-through to backyard. Close to Appleby Go, new shopping plaza and boutique shops. Hiking trails & no maintenance fees!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,863.73/mo

Includes CMHC insurance ($26,449)

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5-yr fixed avg.

Principal: $853,200Interest: $579,470
Mortgage Amount$879,649
Total Interest$579,470
Est. Property Tax$672/mo
Total Cost$1,459,119

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

514 Thelma Street, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,550/mo
Range: $2,168 - $2,933
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,550
Maintenance Fees-$0
Property Tax (est.)-$672
Insurance (est.)-$198
Net Cash Flow+$1,680

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 25+ years of GTA real estate experience

Fair Market Value

At $862/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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Burlington have shown strong appreciation as families seek more space.

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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