4014 Lantern Lane, Burlington, ON
Property no longer active
This property was sold on November 22, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Shoreacres. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $3,950,000 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 5 Bathrooms
- Generous living space spanning 5000 + sqft on a premium 51 x 176 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Central Vacuum, Auto Garage Door Remote, Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
GRAND CUSTOM BUILT RESIDENCE ON A PRIVATE COURT IN PRIME LAKESHORE COMMUNITY OF BURLINGTON. CLOSE TO 1/2 ACRE LOT: 176 DEEP X 148 FT AT WIDEST POINT. OVER 5143SF, 5 BEDROOMS, 5 BATHS, SAUNA, 6 F/P'S, 2 STOREY FOYER, MAIN & LL OFFICES, 9' CEILINGS, HARDWOOD FLOORING, CROWN MOULDINGS, FULLY FINISHED LL W/WINE CELLAR, CUSTOM WET BAR. 2 FURNACES, 2 A/C, SPEAKERS THROUGHOUT, MASSIVE PIE-SHAPED LOT OFFERS COMPLETE PRIVACY, SUNROOM OVERLOOKING THE INGROUND HEATED GUNITE POOL, HOT TUB, FULL GAZEBO W/KITCHENETTE HAS CHANGE ROOM AND TOOL SHED AROUND BACK, BEAUTIFULLY HARDSCAPED AND LANDSCAPED W/COMPLETE PRIVACY IN BACK W/LUSH GARDENS AND TREES, MOTORIZED PERGOLA. $500,0000 IN REVOVATIONS ($300,000 EXTERIOR).Prime location with its proximity to the lake, shopping, restaurants, highways, transit, high-rated schools with the best sports facilities, and so much more! Your search ends here! Welcome HOME!!
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Property Summary
This detached home located at 4014 Lantern Lane, Burlington is currently for sale and has been available on SousaSells for 741 days. This property is listed at $3,950,000 with an estimated mortgage of $13,148* per month. It has 5 beds, 5 bathrooms, and is 5000 + square feet. 4014 Lantern Lane, Burlington is in the Shoreacres neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in Shoreacres, Burlington.
- •5 spacious bedroom layout offering versatile living space
- •5 well-appointed bathrooms
- •5000 + sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Shoreacres, Burlington.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Cul de Sac/Dead End
- Park
- Place Of Worship
- Public Transit
- School
- Waterfront
Interior Features
- Central Vacuum
- Auto Garage Door Remote
- Sump Pump
- Water Purifier
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 4014 Lantern Lane, Burlington, ON
Q.What is the asking price for 4014 Lantern Lane, Burlington, ON ?
The current listing price for 4014 Lantern Lane, Burlington, ON in Shoreacres, Burlington is $3,950,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 5 bathrooms across approximately 5000 + sqft.
Q.What property type and architectural style is 4014 Lantern Lane, Burlington, ON ?
4014 Lantern Lane, Burlington, ON is a Detached (2-Storey) featuring a Finished, Full basement.
Q.What key property features does 4014 Lantern Lane, Burlington, ON offer?
Key property features include: Cul de Sac/Dead End, Park, Place Of Worship, Public Transit, School, Waterfront.
Q.What interior features are included in this home?
Interior highlights include: Central Vacuum, Auto Garage Door Remote, Sump Pump, Water Purifier.
Q.Is parking available at this property?
Yes, this property offers parking space for 7.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 4014 Lantern Lane, Burlington, ON L7L 5Z2
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 $3,950,000 in Burlington, the legal minimum down payment is $790,000 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 $85,225 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 $85,225.
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