$1,599,900 - 280 Penn Drive, Burlington
Detached for Sale in Burlington
Neighbourhood: Roseland
- MLS Number
- W13476170
- Property Type
- Detached
- Status
- active
- Days on Site
- 15
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Burlington
- Listing Brokerage
- KELLER WILLIAMS EDGE REALTY
Welcome to one of Burlington's most coveted locations on Penn Drive. Nestled on this picturesque, tree-lined street in Roseland, south of Spruce, this beautifully updated custom-built home combines timeless craftsmanship with thoughtful modern renovations. Classic architectural details such as plaster walls, coved ceilings, vaulted bedroom ceilings, and a stunning stone fireplace showcase the quality and character rarely found in newer homes.The extensively renovated interior features a beautifully updated kitchen and bathrooms, along with upgraded flooring throughout. The inviting sunken living room, anchored by the stone fireplace, offers the perfect space to relax and entertain.Set on an impressive nearly quarter-acre lot, the property boasts expansive lawns, mature trees, cedar hedges, an oversized double garage, and a concrete driveway. The professionally landscaped grounds create a private outdoor retreat, complete with a charming "secret garden," a sunroom overlooking the backyard, and a secluded patio surrounding the solar-heated inground pool.The finished basement adds valuable living space, offering a large recreation room, a home office area, and a convenient 3-piece bathroom - ideal for family living, guests, or working from home. Meticulously maintained and ideally located, this exceptional home is within walking distance of some of Burlington's highest-rated schools, including John T. Tuck Public School, St. Raphael Catholic Elementary School, Nelson High School, and Assumption Catholic Secondary School. Enjoy easy access to Burlington's waterfront, vibrant downtown, GO Station, and major highways, making this a truly outstanding opportunity in one of the city's most desirable neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$7,076.90/mo
5-yr fixed avg.
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.
Discover Roseland
Roseland 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 Roseland
- •Convenient location in Burlington
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Roseland 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.
280 Penn Drive, Burlington
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1067/sqft, this property is priced in line with current Burlington market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 15 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.
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.