2298 Fassel Avenue, Burlington

Price: $998,800

6 bedrooms, 2 bathrooms

700 sq ft

Property Type: Single Family Home

MLS#: W12533176

One-of-a-Kind Opportunity! Discover this extensively renovated bungalow with a LEGAL accessory dwelling, offering TWO fully self contained living spaces. Perfectly situated in one of Burlington's most sought-after neighbourhoods, within walking distance to GO Transit and minutes from major highways. So many possibilities exist within this home. Whether you choose to live in one unit and generate income from the other, accommodate extended family for multigenerational living, or lease both for maximum return, this property offers exceptional flexibility. The finishings throughout are top-notch! The upper unit is a bright, stylish living space with 3 bedrooms, 4 pc bathroom, a stone accent wall with fireplace, large picture window overlooking the front yard and sliding doors to the back deck. The lower unit is equally impressive, boasting generous living areas with 3 bedrooms, a 4 pc bathroom, open concept kitchen and plenty of natural light. Both kitchens have quartz counters and stainless steel appliances, each unit has its own washer and dryer and there are separate hydro meters. Enjoy outdoor entertaining in the mature, fenced backyard, complete with a large deck, patio, gazebo and two storage sheds. A concrete and aggregate double driveway provides ample parking for 5 vehicles. The location is unbeatable. The neighbourhood is family friendly, close to parks, schools and all amenities. This gorgeous property is a rare find, don't miss this incredible opportunity.

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$998,800 - 2298 Fassel Avenue, Burlington

Single Family Home for Sale in Burlington

6Beds
2Baths
700Sq Ft
Single Family Home
Property Details
MLS Number
W12533176
Property Type
Single Family Home
Status
active
Days on Market
7
Bedrooms
6
Bathrooms
2
Square Feet
700 sqft
City
Burlington
Description

One-of-a-Kind Opportunity! Discover this extensively renovated bungalow with a LEGAL accessory dwelling, offering TWO fully self contained living spaces. Perfectly situated in one of Burlington's most sought-after neighbourhoods, within walking distance to GO Transit and minutes from major highways. So many possibilities exist within this home. Whether you choose to live in one unit and generate income from the other, accommodate extended family for multigenerational living, or lease both for maximum return, this property offers exceptional flexibility. The finishings throughout are top-notch! The upper unit is a bright, stylish living space with 3 bedrooms, 4 pc bathroom, a stone accent wall with fireplace, large picture window overlooking the front yard and sliding doors to the back deck. The lower unit is equally impressive, boasting generous living areas with 3 bedrooms, a 4 pc bathroom, open concept kitchen and plenty of natural light. Both kitchens have quartz counters and stainless steel appliances, each unit has its own washer and dryer and there are separate hydro meters. Enjoy outdoor entertaining in the mature, fenced backyard, complete with a large deck, patio, gazebo and two storage sheds. A concrete and aggregate double driveway provides ample parking for 5 vehicles. The location is unbeatable. The neighbourhood is family friendly, close to parks, schools and all amenities. This gorgeous property is a rare find, don't miss this incredible opportunity.

Neighbourhood Guide: Burlington

Discover Burlington

Burlington 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 Burlington

  • 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

Burlington 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

2298 Fassel Avenue, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$707
Insurance (est.)-$208
Net Cash Flow+$3,085

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

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Premium Pricing

At $1427/sqft, this property is priced above the Burlington average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Burlington.

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.

Investment Perspective

Looking at this as an investment: Burlington properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,162 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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