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Listed 1 month ago

1028 Cedar Avenue

LaSalle, Burlington

$1,289,000

Detached|Bungalow
2 | 3 | 5
About this home

Welcome home to this beautifully maintained 2+2 bedroom, tucked into the highly desirable Altershot neighborhood of Burlington. This home is filled with warmth, character, and pride of ownership. The bright living and dining area features hardwood floors and a large bay window, creating a welcoming space for everyday living and entertaining. The updated eat-in kitchen offers classic wood cabinetry and plenty of room to gather for meals. Office/sunroom updated with skylight and hardwood floors. Pr bedroom has 5 piece in suite that will make you feel like a luxury spa. The lower level adds valuable living space with a cozy family room and fireplace, plus a flexible bedroom AND home office - perfect for today's lifestyle. Outside, enjoy a fully fenced backyard with mature gardens, ideal for relaxing or hosting friends. An updated front walkway and expanded parking to fit 4 cars. This home boasts an ideal location in a lovely mature neighborhood, which is just a short drive to the Hospital, Spencer Smith Park, w convenient highway access. Downtown Burlington, with its stunning Lake Ontario waterfront, upscale boutiques, diverse restaurants, and a vibrant arts scene including the Performing Arts Centre and Art Gallery, is also easily accessible. Plus, golf is also conveniently close by.

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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
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,199
Lot Size76.15 ft x 100.23 ft
mls© NumberW13520204
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.

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%
$6,598
Property tax
$517
Heat allowance
$150
Housing costs
$7,264 / mo

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

Down payment20% · $257,800
25-yr amortization

Income needed

$224,000

gross annual household income

Payment at 4%
$5,424 / mo
Cash down
$257,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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