1294 Guelph Line Unit 4, Burlington

Price: $500,000

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13518758

A well loved / as-is 1,354.52 sq ft, 3 bed/3 bath condo townhome, nestled in the desirable Mountain Gardens Parkette neighbourhood. Excellent location for commuters and priced for first time buyers willing to put in some work to bring out this home's full potential. Open concept main floor with kitchen (updated s/s appliances), dining and living rooms + 2 pc powder room. A walk out patio door leads to your private back garden. Upstairs offers 3 generously sized bedrooms with large windows & 4 pc bath. The lower level features a rec room (renovated '24), laundry/mudroom & entrance to your parked cars underground. Safe & secure for anyone wanting a great starter townhouse. Close to schools, shopping, transit, parks, QEW, 407. 1 parking is owned, an additional spot is $30/month added to maintenance fee.

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New Listing
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$500,000 - 1294 Guelph Line Unit 4, Burlington

Condo for Sale in Burlington

New — Listed 4 days ago

Neighbourhood: Mountainside

3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W13518758
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Burlington
Locker
Common
Exposure
North
Balcony
None
Listing Brokerage
Keller Williams Edge Realty
Description

A well loved / as-is 1,354.52 sq ft, 3 bed/3 bath condo townhome, nestled in the desirable Mountain Gardens Parkette neighbourhood. Excellent location for commuters and priced for first time buyers willing to put in some work to bring out this home's full potential. Open concept main floor with kitchen (updated s/s appliances), dining and living rooms + 2 pc powder room. A walk out patio door leads to your private back garden. Upstairs offers 3 generously sized bedrooms with large windows & 4 pc bath. The lower level features a rec room (renovated '24), laundry/mudroom & entrance to your parked cars underground. Safe & secure for anyone wanting a great starter townhouse. Close to schools, shopping, transit, parks, QEW, 407. 1 parking is owned, an additional spot is $30/month added to maintenance fee.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,565.26/mo

Includes CMHC insurance ($13,950)

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5-yr fixed avg.

Principal: $450,000Interest: $305,628
Mortgage Amount$463,950
Total Interest$305,628
Est. Property Tax$354/mo
Total Cost$769,578

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Mountainside

Discover Mountainside

Mountainside is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Mountainside

  • Convenient location in Burlington
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

M.M. Robinson High SchoolPublic High School
Nelson High SchoolPublic High School
Assumption Catholic Secondary SchoolCatholic High School
Corpus Christi Catholic Secondary SchoolCatholic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Mountainside offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1294 Guelph Line Unit 4, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,682

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $417/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Burlington's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Burlington Lifestyle

Burlington offers a balance of urban convenience and suburban tranquility. Growing families appreciate the newer schools and community feel. The GO Train provides reasonable Toronto access. Home values have appreciated steadily as families seek alternatives to Toronto's density and pricing.

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    1294 Guelph Line Unit 4, Burlington | $500,000 | Battaglia Team