965 Reimer Common, Burlington

Price: $848,000

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: W12893794

Opportunity awaits to own a beautifully maintained, turn-key freehold townhome in sought-after South Burlington! This sun-filled and spacious home features hardwood flooring throughout, upgraded lighting on the main floor, and stunning rod iron spindles that elevate the main living area. The modern kitchen boasts stainless steel appliances, including a 2024 dishwasher and over-the-range microwave, French doors that open to a Juliette balcony, and a breakfast bar with space for barstools. The dining area flows seamlessly into the open-concept living room, which offers access to a private balcony overlooking the tree-lined backyard. Upstairs, you'll find three generously sized bedrooms, including a primary retreat with dual closets and custom blackout blinds. The 4-piece bathroom features double sinks and plenty of counter space. The ground floor offers a versatile space ideal for a bedroom, office, or rec room, with sliding doors leading to a backyard complete with an extended stone patio and mature trees for added privacy. Additional highlights include interior garage access and a separate entrance to the basement, perfect for a home gym, yoga studio, or creative workspace. Don't miss the chance to own a perfectly situated home near everyday essentials, parks, shopping, and quick access to the highway!

965 Reimer Common - Townhouse photo 1 of 33 in Burlington, Ontario
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$848,000 - 965 Reimer Common, Burlington

Townhouse for Sale in Burlington

4Beds
2Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
W12893794
Property Type
Townhouse
Status
active
Days on Site
18
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Burlington
Listing Brokerage
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Description

Opportunity awaits to own a beautifully maintained, turn-key freehold townhome in sought-after South Burlington! This sun-filled and spacious home features hardwood flooring throughout, upgraded lighting on the main floor, and stunning rod iron spindles that elevate the main living area. The modern kitchen boasts stainless steel appliances, including a 2024 dishwasher and over-the-range microwave, French doors that open to a Juliette balcony, and a breakfast bar with space for barstools. The dining area flows seamlessly into the open-concept living room, which offers access to a private balcony overlooking the tree-lined backyard. Upstairs, you'll find three generously sized bedrooms, including a primary retreat with dual closets and custom blackout blinds. The 4-piece bathroom features double sinks and plenty of counter space. The ground floor offers a versatile space ideal for a bedroom, office, or rec room, with sliding doors leading to a backyard complete with an extended stone patio and mature trees for added privacy. Additional highlights include interior garage access and a separate entrance to the basement, perfect for a home gym, yoga studio, or creative workspace. Don't miss the chance to own a perfectly situated home near everyday essentials, parks, shopping, and quick access to the highway!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,350.68/mo

Includes CMHC insurance ($23,659)

$
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5%10%50%

5-yr fixed avg.

Principal: $763,200Interest: $518,345
Mortgage Amount$786,859
Total Interest$518,345
Est. Property Tax$601/mo
Total Cost$1,305,204

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

965 Reimer Common, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,900/mo
Range: $2,465 - $3,335
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,900
Maintenance Fees-$0
Property Tax (est.)-$601
Insurance (est.)-$177
Net Cash Flow+$2,122

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $771/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 18 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Burlington have shown strong appreciation as families seek more space.

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.

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 $3,533 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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