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Listed 22 days ago

2345 Gibbon Street

Mountainside, Burlington

$749,900

Detached|Bungalow
3 | 2 | 7
About this home

Welcoming family home offering incredible flexibility with two self-contained living spaces, this well cared for bungalow is ideal for multi-generational families or investors. Proudly cared for by the same family for decades, this home is being offered for the next generation to enjoy. The main level features a bright and inviting layout with three spacious bedrooms, light oak custom kitchen, comfortable living and dining areas. Hardwood flooring under carpet. Extended back room offers additional dining space for large gatherings, home office, gym or hobby room. The lower level offers a 1 bedroom + den, 1 bath separate unit with its own entrance, providing excellent potential for extended family. Outside, enjoy a detached garage, parking for up to six vehicles, and a beautifully landscaped yard with patio for outdoor dining. Situated in the sought-after Mountainside neighbourhood, you'll appreciate the convenience of nearby shopping, excellent schools, parks, trails, public transit, and quick access to major highways. A rare opportunity for multi generational living or investment.

Extras

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,579
Lot Size60 ft x 100 ft
mls© NumberW13560822
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%
$3,838
Property tax
$382
Heat allowance
$150
Housing costs
$4,370 / mo

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

Down payment20% · $149,980
25-yr amortization

Income needed

$134,000

gross annual household income

Payment at 4%
$3,156 / mo
Cash down
$149,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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