518 Hager Avenue, Burlington

Price: $1,649,000

4 bedrooms, 3 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: W13089564

Welcome to this timeless downtown Edwardian residence where classic charm meets thoughtful modern updates. Set on a mature, tree-lined street, this beautifully renovated 4 bedroom, 2.5-bath home offers a rare combination of character, space, and functionality-just steps from the heart of the city. Enjoy an unbeatable walkable lifestyle with easy access to downtown schools, vibrant restaurants, local shops, and the year-round festivals and waterfront at Spencer Smith Park-bringing the best of the community right to your doorstep. The warm brick exterior and inviting covered front porch create a cozy feel, while inside, the home surprisingly unfolds with generous principal rooms designed for both everyday living and entertaining. A thoughtfully completed addition on all 3 levels enhances the home's flow, offering extraordinary expanded space without compromising its original charm. Outside, the property truly sets itself apart.... A rare double driveway provides exceptional convenience in a downtown setting, while the backyard retreat features a pool and hot tub-perfect for relaxing or hosting all season long. Upstairs, 4 sizeable bedrooms offer flexibility for families, guests, or work-from-home needs. The unfinished attic presents a compelling opportunity for future customization with plumbing & HVAC available- ideal for creating a luxurious primary suite, studio, or teen retreat. In addition, the basement has been dug out, waterproofed and ready to create even more liveable space - potential to make this home over 4000 square feet of living! This is a home that balances location, lifestyle and potential in equal measure-move in and enjoy today, with room to grow tomorrow.

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$1,649,000 - 518 Hager Avenue, Burlington

Detached for Sale in Burlington

44 days on market
4Beds
3Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
W13089564
Property Type
Detached
Status
active
Days on Site
44
Bedrooms
4
Bathrooms
3
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Burlington
Listing Brokerage
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Description

Welcome to this timeless downtown Edwardian residence where classic charm meets thoughtful modern updates. Set on a mature, tree-lined street, this beautifully renovated 4 bedroom, 2.5-bath home offers a rare combination of character, space, and functionality-just steps from the heart of the city. Enjoy an unbeatable walkable lifestyle with easy access to downtown schools, vibrant restaurants, local shops, and the year-round festivals and waterfront at Spencer Smith Park-bringing the best of the community right to your doorstep. The warm brick exterior and inviting covered front porch create a cozy feel, while inside, the home surprisingly unfolds with generous principal rooms designed for both everyday living and entertaining. A thoughtfully completed addition on all 3 levels enhances the home's flow, offering extraordinary expanded space without compromising its original charm. Outside, the property truly sets itself apart.... A rare double driveway provides exceptional convenience in a downtown setting, while the backyard retreat features a pool and hot tub-perfect for relaxing or hosting all season long. Upstairs, 4 sizeable bedrooms offer flexibility for families, guests, or work-from-home needs. The unfinished attic presents a compelling opportunity for future customization with plumbing & HVAC available- ideal for creating a luxurious primary suite, studio, or teen retreat. In addition, the basement has been dug out, waterproofed and ready to create even more liveable space - potential to make this home over 4000 square feet of living! This is a home that balances location, lifestyle and potential in equal measure-move in and enjoy today, with room to grow tomorrow.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,294.08/mo

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5-yr fixed avg.

Principal: $1,319,200Interest: $869,025
Mortgage Amount$1,319,200
Total Interest$869,025
Est. Property Tax$1,168/mo
Total Cost$2,188,225

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

518 Hager Avenue, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$1,168
Insurance (est.)-$344
Net Cash Flow+$2,038

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

Competitive Pricing

At $660/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.

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 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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    518 Hager Avenue, Burlington | $1,649,000 | Battaglia Team