$974,900 - 697 LOMOND Crescent, Burlington
Detached for Sale in Burlington
New — Listed yesterday- MLS Number
- W12997636
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Burlington
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Welcome to this beautifully maintained backsplit nestled in a lovely, family-friendly neighbourhood in Burlington. The bright and open main floor offers an inviting layout, perfect for everyday living and entertaining. This charming home features three spacious bedrooms and two updated bathrooms, with the main bathroom and kitchen thoughtfully renovated in 2024. The modern kitchen showcases new appliances, soft-close cabinetry, a gas range, and stylish finishes, complemented by all-new flooring throughout the main floor (2024). Some major updates include a newer roof (2020) and windows and doors (2011), providing peace of mind for years to come. The lower level boasts a sun-filled rec room with large windows, creating a warm and welcoming space to relax or entertain. Set on a generous sized lot, the backyard is a true retreat with a large deck, beautiful gardens, and plenty of room to enjoy the outdoors. Meticulously cared for from top to bottom, this move-in-ready home reflects true pride of ownership. Located on a quiet street, don't miss your chance to call this one home! RSA.
Estimate your monthly payments for this property
Estimated Payment
$5,001.74/mo
Includes CMHC insurance ($27,200)
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.
697 LOMOND Crescent, 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 $886/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.
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.
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 $4,062 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.