978 Kingsway Drive, Burlington, ON

$999,500
MLS#:W8460676
3 beds
2 baths
1100-1500 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of LaSalle. Expertly crafted featuring premium aluminum siding and stone construction, this residence presents an exceptional opportunity offered at $999,500 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 59.72 x 125.3 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Fantastic opportunity for first time buyers, downsizers and those looking to get into sought after South Aldershot. Sitting on a premium 60 x 125 lot on beautiful tree lined street, This home is a great value. Main floor features large living room with loads of sunlight and wood burning fireplace. Dining room, with built in cabinetry overlooking the living room and kitchen with access to the backyard. 2 large bedrooms with one being over the garage for additional privacy. Basement offers 3rd. Bedroom, 3-piece bathroom and large recroom. Mature, private backyard offers deck of the kitchen, covered patio, shed and beautiful gardens. Just move in and enjoy or put your personal touches on it. Close to LaSalle Park & marina, golf club, 403, 407, downtown waterfront and amenities galore. NOTE: Staging and pictures were done prior to tenant occupancy and will not show as in photos

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Property Summary

This detached home located at 978 Kingsway Drive, Burlington is currently for sale and has been available on SousaSells for 752 days. This property is listed at $999,500 with an estimated mortgage of $3,327* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 978 Kingsway Drive, Burlington is in the LaSalle neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 27, 2024
Sold price information is available to members only
Listed Date6/20/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionAluminum Siding, Stone
BasementFinished, Full
Lot Size59.72 × 125.3 Feet
CountyHalton
Annual Tax$4,792.37
Legal DescriptionLT 20, PL PF825, EXCEPT EASEMENT IN 483583 CITY OF BURLINGTON

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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978 Kingsway Drive, Burlington, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 978 Kingsway Drive, Burlington, ON L7T 3J2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Burlington.

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Interest Rate4.00%
Down Payment$299,850 (30.0%)
* Minimum Canadian down payment required for this price is $74,950.
Amortization Period30 Years
Estimated Monthly Payment$3,327Based on a loan of $699,650 over 30 years.
Purchase Price$999,500
Loan Amount$699,650
Provincial Land Transfer Tax:$16,465
Total Estimated Closing Taxes:$16,465

About Purchasing a Home in Burlington, ON

For a property listed at $999,500 in Burlington, the legal minimum down payment is $74,950 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 $16,465 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 $16,465.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for LaSalle, Burlington.

Verified Local Data
City Population186,948
City Median Age42.6 Yrs
City Ownership78% Owners
Avg Area List Price$1,121,769

People & Families

Age Distribution

Household Composition

One-person households
24%
Families with children
44%
Couples without children
28%
Other households
4%

Top Ethnic Origins

English31%
Canadian24%
Scottish22%
Irish21%

Local Schools Guide

Elementary Schools

Holy Rosary
Public261 Plains Road East, Aldershot, Burlington, Ontario, L7T 2C7
6.0
Glenview
Public143 Townsend Avenue, Aldershot, Burlington, Ontario, L7T 1Z1
6.1
Maplehurst
Public481 Plains Road East, Aldershot, Burlington, Ontario, L7T 2E2
7.4
Kings Road
Public660 Greenwood Drive, Aldershot, Burlington, Ontario, L7T 3P3
5.0
Saint-Philippe
Public901 Francis Road, Aldershot, Burlington, Ontario, L7T 3Y3
6.2

Secondary Schools

Aldershot
Public50 Fairwood Place West, Aldershot, Burlington, Ontario, L7T 1E5
7.6
Burlington Central
Public1433 Baldwin Street, Burlington, Ontario, L7S 1K4
7.4

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.