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New7 days ago

4119 Palermo Common N/A

Shoreacres, Burlington

$649,900

Condo Townhouse |
2 | 3 | 1
About this home

Bright, Bigger And Spacious Corner Unit Townhome In One Of Burlington's Most Convenient And Family-Friendly Communities. This Well-Designed Home Features A Functional Open Concept Layout Filled With Natural Light From Additional Corner Unit Windows. Modern Eat-In Kitchen With Stainless Steel Appliances, Ample Cabinet Space, And Breakfast Area With Walk-Out To Balcony. Combined Living And Dining Area Offers Comfortable Space For Both Everyday Living And Entertaining. Third Floor Features Two Generously Sized Bedrooms Including A Large Primary Bedroom With Private Ensuite Featuring A Relaxing Jetted Tub, Additional Full Bathroom, And Convenient Upper Level Laundry. Rare Corner Unit Offering Added Privacy And Excellent Natural Light Throughout. Includes One Exclusive Surface Parking Space Conveniently Located Directly In Front Of The Unit. Close To Schools, Parks, Shopping, Restaurants, Public Transit, Appleby GO Station, And Easy Access To QEW/403. Perfect Opportunity For First-Time Buyers, Downsizers, Or Investor

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Townhouse
Style3-Storey
Approx. Age11-15
Size1400-1599 sq. ft.
Maintenance Fees$269
LockerNone
BalconyOpen
ExposureSouth
Parking TypeNone
Parking Spaces1
Parking FeaturesSurface
Property Tax$3,041
Lot Size x
mls© NumberW13615488
Listed ByKIGO 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%
$3,326
Property tax
$253
Heat allowance
$150
Condo fees, half counted
$134
Housing costs
$3,864 / mo

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

Down payment20% · $129,980
25-yr amortization

Income needed

$119,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$129,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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