3131 Palmer Drive, Burlington

Price: $1,149,990

3 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W13649756

Family friendly home in popular Palmer subdivision. Possible in-law set up with separate entrance. Three levels above grade and almost 2400 sq.ft. of finished living space. Carpet free home! Extra large family room with fireplace and patio doors to the rear yard. Hardwood flooring in the bedrooms, living room and dining room. Updated bathrooms. Updated lower levels. Tons of storage room. A must see on your tour. Flexible closing date.

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$1,149,990 - 3131 Palmer Drive, Burlington

Detached for Sale in Burlington

Neighbourhood: Palmer

3Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W13649756
Property Type
Detached
Status
active
Days on Site
16
Bedrooms
3
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Burlington
Listing Brokerage
CASORA REALTY INC.
Description

Family friendly home in popular Palmer subdivision. Possible in-law set up with separate entrance. Three levels above grade and almost 2400 sq.ft. of finished living space. Carpet free home! Extra large family room with fireplace and patio doors to the rear yard. Hardwood flooring in the bedrooms, living room and dining room. Updated bathrooms. Updated lower levels. Tons of storage room. A must see on your tour. Flexible closing date.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,086.79/mo

$
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5%20%50%

5-yr fixed avg.

Principal: $919,992Interest: $606,046
Mortgage Amount$919,992
Total Interest$606,046
Est. Property Tax$815/mo
Total Cost$1,526,038

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: Palmer

Discover Palmer

Palmer 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 Palmer

  • 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

Palmer 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

3131 Palmer Drive, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$815
Insurance (est.)-$240
Net Cash Flow+$1,745

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 $767/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 16 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.

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 Palmer

I know Palmer 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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    3131 Palmer Drive, Burlington | $1,149,990 | Battaglia Team