$1,099,000 - 5210 Mulberry Drive, Burlington
Detached for Sale in Burlington
97 days on market- MLS Number
- W12880178
- Property Type
- Detached
- Status
- active
- Days on Site
- 97
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Burlington
- Lot Size
- 7,222 sqft
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Nestled on a quiet, tree-lined, picturesque street in one of South Burlington's most sought-after neighbourhoods, this beautifully maintained 5-bedroom family home sits on a premium lot with approximately 20% more living space thanks to a thoughtfully designed addition. Step inside to discover rich Brazilian cherry hardwood flooring, expansive windows that bathe the home in natural light, and a well-appointed layout designed for comfortable family living. The updated kitchen features extensive cabinetry, generous counter space, stainless steel appliances, and under-cabinet and ceiling pot lighting, while the above-the-sink window provides a tranquil backyard view. The spacious fenced backyard gives exceptional versatility, perfect for gardening, children at play, entertaining, or the addition of a future pool. The upper level boasts four generously sized bedrooms including a freshly painted primary retreat, along with a 5-piece main bathroom and ample hallway closet space. The bright finished lower level adds valuable living space, highlighted by a large family room with a cozy natural gas fireplace, oversized windows, a hidden crawl space offering over 500 square feet of additional storage and a spacious laundry/utility room. The basement also includes a fifth bedroom, a full 3-piece bathroom, and a walk-up separate entrance, presenting an excellent opportunity for an in-law suite, home-based business or potential secondary dwelling. Ideally located near top-rated schools and the new Skyway Community Centre featuring an NHL-sized rink, pickleball courts, and indoor walking track. Additional area amenities include a library, the lake, shopping, and a Costco currently under construction just 8 minutes away. With such significant investment in the surrounding area, this location continues to grow in desirability, making this home not only a wonderful place to live, but also a strong long-term investment opportunity. Furnace & A/C (2022).
Estimate your monthly payments for this property
Estimated Payment
$4,861.25/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.
5210 Mulberry Drive, 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 $999/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 97 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Burlington.
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.
Investment Perspective
Looking at this as an investment: Burlington properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.