5147 Ravine Crescent, Burlington

Price: $1,025,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W12985890

Welcome to the Orchard! This charming well maintained 3-bedroom, 2.5 bath home is perfectly situated on a quiet family friendly street. The welcoming front porch leads you to a spacious layout with front foyer and combined Living and Dining rooms with hardwood floors. The Kitchen has been updated with quartz counters and features a separate dinette space. The main floor Family room includes a gas fireplace and window seat overlooking the yard. A two piece bath is conveniently located on this level. The second floor features engineered hardwood throughout. The spacious Primary bedroom includes a walk-in closet and4 piece ensuite bathroom. Two additional bedrooms and 4 piece bath with new vanity are located on this level. One bedroom features a laundry closet complete with a washer and dryer for convenience. The unfinished basement offers many possibilities for renovation and additional living space including a rough-in for an additional bathroom. The private yard includes an oversized multi-tier deck for quiet relaxation. Located within walking distance to top rated schools, shopping and restaurants. Perfect for families or downsizers, quick possession is available. Ready to move in!

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active
New Listing
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$1,025,000 - 5147 Ravine Crescent, Burlington

Detached for Sale in Burlington

New — Listed 5 days ago
3Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W12985890
Property Type
Detached
Status
active
Days on Site
5
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Burlington
Listing Brokerage
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Description

Welcome to the Orchard! This charming well maintained 3-bedroom, 2.5 bath home is perfectly situated on a quiet family friendly street. The welcoming front porch leads you to a spacious layout with front foyer and combined Living and Dining rooms with hardwood floors. The Kitchen has been updated with quartz counters and features a separate dinette space. The main floor Family room includes a gas fireplace and window seat overlooking the yard. A two piece bath is conveniently located on this level. The second floor features engineered hardwood throughout. The spacious Primary bedroom includes a walk-in closet and4 piece ensuite bathroom. Two additional bedrooms and 4 piece bath with new vanity are located on this level. One bedroom features a laundry closet complete with a washer and dryer for convenience. The unfinished basement offers many possibilities for renovation and additional living space including a rough-in for an additional bathroom. The private yard includes an oversized multi-tier deck for quiet relaxation. Located within walking distance to top rated schools, shopping and restaurants. Perfect for families or downsizers, quick possession is available. Ready to move in!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,533.92/mo

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5-yr fixed avg.

Principal: $820,000Interest: $540,176
Mortgage Amount$820,000
Total Interest$540,176
Est. Property Tax$726/mo
Total Cost$1,360,176

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

5147 Ravine Crescent, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$726
Insurance (est.)-$214
Net Cash Flow+$1,860

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 $683/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.

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.

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.

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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