1345 Colonsay Drive, Burlington

Price: $699,900

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: W13467534

Opportunity is knocking! This spacious semi-detached home has been reduced below recent market sales. Amazingly priced, it gives that special buyer the opportunity to make this house their home. Simply move in as is, or make those simple cosmetic upgrades to reflect your own personal style and flare. NO CONDO FEES IT IS A SEMI-DETACHED! Set in a safe, family-friendly neighbourhood close to shopping, public transit, parks, schools, and playgrounds, this is the kind of property that offers real potential for a first-time buyer, growing family, renovator, or investor. The Real Estate Boutique is offering a Home Warranty Program that covers protection for failure of appliances and home systems. Inside, the main level offers a bright and functional layout with a separate dining room, walkout to the backyard, and ceramic flooring through the kitchen and front hall. Hardwood stairs lead to the upper level, where you will find three generously sized bedrooms with parquet flooring and a full 4-piece bathroom. The finished basement adds even more living space, perfect for a family room, home office, playroom, entertaining area, or possible guest space, complete with a 2-piece bath. The fully fenced backyard is a major bonus with an entertainment-sized deck and plenty of room for kids, pets, gardens, or future outdoor plans. A cute shed holds all those garden tools and lawn equipment. Important updates include a furnace and central air conditioning replaced in 2017, plus 40-year shingles installed approximately 18 years ago. All existing appliances are included in their current condition. This home is being sold in its present condition. The value is clear. With a reduced price, a great lot, a practical layout, and a sought-after location, this is a wonderful opportunity to get into the market and make the home your own. The seller is excited to transition into a new phase of life, and hopes the perfect buyer will love this home as much as they have.

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$699,900 - 1345 Colonsay Drive, Burlington

Semi-Detached for Sale in Burlington

Neighbourhood: Mountainside

4Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
W13467534
Property Type
Semi-Detached
Status
active
Days on Site
18
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Burlington
Listing Brokerage
THE REAL ESTATE BOUTIQUE BROKERAGE, INC.
Description

Opportunity is knocking! This spacious semi-detached home has been reduced below recent market sales. Amazingly priced, it gives that special buyer the opportunity to make this house their home. Simply move in as is, or make those simple cosmetic upgrades to reflect your own personal style and flare. NO CONDO FEES IT IS A SEMI-DETACHED! Set in a safe, family-friendly neighbourhood close to shopping, public transit, parks, schools, and playgrounds, this is the kind of property that offers real potential for a first-time buyer, growing family, renovator, or investor. The Real Estate Boutique is offering a Home Warranty Program that covers protection for failure of appliances and home systems. Inside, the main level offers a bright and functional layout with a separate dining room, walkout to the backyard, and ceramic flooring through the kitchen and front hall. Hardwood stairs lead to the upper level, where you will find three generously sized bedrooms with parquet flooring and a full 4-piece bathroom. The finished basement adds even more living space, perfect for a family room, home office, playroom, entertaining area, or possible guest space, complete with a 2-piece bath. The fully fenced backyard is a major bonus with an entertainment-sized deck and plenty of room for kids, pets, gardens, or future outdoor plans. A cute shed holds all those garden tools and lawn equipment. Important updates include a furnace and central air conditioning replaced in 2017, plus 40-year shingles installed approximately 18 years ago. All existing appliances are included in their current condition. This home is being sold in its present condition. The value is clear. With a reduced price, a great lot, a practical layout, and a sought-after location, this is a wonderful opportunity to get into the market and make the home your own. The seller is excited to transition into a new phase of life, and hopes the perfect buyer will love this home as much as they have.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,590.85/mo

Includes CMHC insurance ($19,527)

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5-yr fixed avg.

Principal: $629,910Interest: $427,818
Mortgage Amount$649,437
Total Interest$427,818
Est. Property Tax$496/mo
Total Cost$1,077,255

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

1345 Colonsay Drive, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$2,558

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 $636/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.

Market Position

At 18 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Burlington are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Burlington. Good resale value as demand remains consistent.

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.

About Mountainside

I know Mountainside well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    1345 Colonsay Drive, Burlington | $699,900 | Battaglia Team