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Listed 2 months ago

3312 Lakeland Crescent

Roseland, Burlington

$5,500,000

Detached|Bungaloft
3 | 3 | 8
About this home

Lakefront! Amazing 2,861 sq.ft. bungaloft in prime south of Lakeshore Road location on an 80' x 200' lot + water lot/riparian rights! Completely rebuilt and added on to in 2002. Oversized main level primary suite with vaulted ceiling, walk-in closet, spa-inspired 5-piece ensuite and walk-out! Open concept great room with vaulted ceiling, gas fireplace and walk-out to terrace and waterside deck with sweeping views of Lake Ontario and beyond! Custom kitchen with granite, gas cooktop and walk-out from dining. Main level office and main level laundry/mudroom with abundant storage. Two additional oversized bedrooms and a full bathroom on the upper level. Professionally finished lower level, hardwood floors, pot lighting, irrigation, double garage with inside entry and a double drive with parking for 6 cars! 3 bedrooms and 2.5 bathrooms. Luxury Certified.

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungaloft
Approx. Age51-99
Size2500-3000 sq. ft.
Property Tax$19,250
Lot Size80 ft x 200 ft
mls© NumberW13463230
Listed ByRE/MAX ESCARPMENT REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$28,151
Property tax
$1,604
Heat allowance
$150
Housing costs
$29,906 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $1,100,000
25-yr amortization

Income needed

$920,000

gross annual household income

Payment at 4%
$23,145 / mo
Cash down
$1,100,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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