$2,280,000 - 5502 Eaton Avenue, Burlington
Detached for Sale in Burlington
Popular Listing- MLS Number
- W12957782
- Property Type
- Detached
- Status
- active
- Days on Site
- 12
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Burlington
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
A luxurious lifestyle awaits in this one-of-a-kind two-storey farmhouse, nestled in the prestigious Elizabeth Gardens. This elegant 3+2 bedroom detached home showcases stunning interior details and a captivating main-level view of the pool. Offering 2,618 sq. ft. of above-grade living space, it features premium finishes throughout, including a new five-car driveway, engineered hardwood flooring, LED lighting, an open riser staircase, Brian Gluckstein lighting, and heated bathroom floors. The fully landscaped backyard is a private retreat, complete with an in-ground pool, new fencing, landscape lighting, a hot tub, and a covered outdoor living area featuring ceiling fans, pot lights, and a Napoleon fireplace. The thoughtfully designed main level boasts an open-concept dining area and a chef-inspired kitchen overlooking the backyard oasis. The kitchen is equipped with quartz countertops, GE Café Signature appliances, two sinks, a pot filler, and an oversized breakfast bar. A stylish home office with custom built-ins and modern finishes completes the main floor. Upstairs, you'll find a beautifully appointed laundry room and three spacious bedrooms, each with its own ensuite and finished walk-in closet. The fully finished basement adds exceptional versatility with two additional bedrooms, a gym, and a recreation area. Your new home awaits you!
Estimate your monthly payments for this property
Estimated Payment
$10,085.21/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.
5502 Eaton Avenue, 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 $912/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.
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.
Bathroom Count Matters
With 5 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.
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 $9,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.