$2,498,000 - 704 Cedar Avenue, Burlington
Detached for Sale in Burlington
- MLS Number
- W12902398
- Property Type
- Detached
- Status
- active
- Days on Site
- 16
- Bedrooms
- 4
- Bathrooms
- 7
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Burlington
- Lot Size
- 1 sqft
- Listing Brokerage
- RIGHT AT HOME REALTY
This remarkable residence, surrounded by nature on a rare 0.6-acre lot backing onto a park, offers a perfect blend of privacy and proximity to local amenities.Offering 4,650 sq ft of finished living space (3,500+ sq ft above ground), the home features a 2022 addition by Angelica Homes that is seamlessly integrated with the solid, fully upgraded,double-brick original house. The open-concept layout creates an inspiring atmosphere for living, working, relaxation, and social connection. Floor-to-ceiling, southeast-facing windows provide a picture-perfect 360 serene view and an abundance of natural light. Interior highlights include two Brazilian cherry/walnut staircases, custom glass and metal railings, granite countertops, designer paint, and award-winning Italian/Spanish porcelain tiles. The second level is finished with Mercier hardwood and features a dual wrap-around mezzanine with a balcony, ideal for a home office, studio, lounge, gym, and yoga space.The home also features a separate-entrance basement studio with a kitchenette, full bath, two closets, and laundry facilities. Exceptionally adjustable comfort is supported by a highly efficient modern mechanical system and includes four thermostats, heated floors throughout,with 17 independent zones, heat pumps, air conditioners, radiators, a tankless water heater, airtight spray-foam insulation, and a foam-insulated exterior with acrylic aggregate stucco that is extra durable, and crack-, fade-, and fire-resistant. The expansive lot features a circular driveway, parking for 10+ cars, gated parking for a boat/RV, two EV chargers, a 19-ft-long (5-ft-deep) year-round swim spa with an automated Covana cover, and a powered 384 sq ft studio/garden building for additional storage or hobby space. The property meets zoning requirements and is rough-in ready for an 860 sq ft. detached or attached Additional Residential Unit, offering flexible potential for generational orincome use.
Estimate your monthly payments for this property
Estimated Payment
$11,049.50/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.
704 Cedar Avenue, Burlington
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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 25+ years of GTA real estate experience
Fair Market Value
At $833/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.
Market Position
At 16 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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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 7 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.