1156 Homewood Drive, Burlington, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Mountainside. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $988,888 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 50 x 175 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Located On A Quiet Street In Burlington's Highly Sought-After Mountainside Neighbourhood, This Solid Brick Bungalow Sits On An Impressive Premium 50 x 175 Ft Lot And Offers Exceptional Flexibility For Families, Investors, Or Multi-Generational Living. Flooded With Natural Light, This East-Facing Home Features 3 Spacious Bedrooms And 1 Bathroom On The Main Level. The Fully Finished Basement Features A Completely Separate Entrance Leading To A Self-Contained In-Law Suite With 2 Bedrooms, 1 Bathroom, A Full Kitchen, Separate Laundry, And A Large Rec Room, Offering Excellent Income Potential Or Additional Living Space For Extended Family. Step Outside To A Large Backyard Perfect For Entertaining, Relaxing, Or Future Possibilities. Conveniently Located Within Walking Distance To Clarksdale Public School And Parks, And Just Minutes To Highways, Transit, Costco, Home Depot, Staples, Shopping, Dining, And Other Major Amenities. Move-In Ready With Endless Potential In A Prime Family-Friendly Location.
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Property Summary
This detached home located at 1156 Homewood Drive, Burlington is currently for sale and has been available on SousaSells for 64 days. This property is listed at $988,888 with an estimated mortgage of $3,292* per month. It has 5 beds, 2 bathrooms, and is 700-1100 square feet. 1156 Homewood Drive, Burlington is in the Mountainside neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1156 Homewood Drive, Burlington, ON L7P 2M2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Burlington, ON
For a property listed at $988,888 in Burlington, the legal minimum down payment is $73,889 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,253 for this transaction. As this listing is in Burlington (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $16,253.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.