3148 Terraview Court, Burlington

Price: $1,249,999

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W13818408

2-storey home situated on a pie-shaped lot at the end of a court!! This 3 bedroom, 2.5 bathroom home over 1500 square foot and a fully finished basement! Contemporary updates throughout the home with a luxury vinyl in the spacious living room and dining room. The eat-in kitchen features quartz countertops, painted cupboards and an alcove to personalize with a coffee bar or entertaining space. The main floor is complete with a 2-piece bathroom, walkout to the backyard and inside access from the garage. The second level features traditional wood parquet flooring throughout the three bedrooms and an updated 3-piece bathroom with laundry access. The primary bedroom 4-piece ensuite is a spa-like calming space that is rare for the neighbourhood. The lower level adds an additional 800 square feet of living space and features a large recreation room with polished concrete floor throughout and a double-sided gas fireplace focal point. Gorgeous garden-lined extra wide backyard with an aggregate patio and an abundance of foliage for privacy. 1-car garage with polished concrete flooring and an aggregate driveway and walkway for easy maintenance. Situated on a quiet court with mature trees cascading over the road, very family friendly and close to schools parks, restaurants, shops and more!

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active
New Listing

$1,249,999 - 3148 Terraview Court, Burlington

Detached for Sale in Burlington

New — Listed yesterday

Neighbourhood: Palmer

3Beds
3Baths
1,500 - 1,999Sq Ft
Detached

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Property Details
MLS Number
W13818408
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Burlington
Listing Brokerage
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Description

2-storey home situated on a pie-shaped lot at the end of a court!! This 3 bedroom, 2.5 bathroom home over 1500 square foot and a fully finished basement! Contemporary updates throughout the home with a luxury vinyl in the spacious living room and dining room. The eat-in kitchen features quartz countertops, painted cupboards and an alcove to personalize with a coffee bar or entertaining space. The main floor is complete with a 2-piece bathroom, walkout to the backyard and inside access from the garage. The second level features traditional wood parquet flooring throughout the three bedrooms and an updated 3-piece bathroom with laundry access. The primary bedroom 4-piece ensuite is a spa-like calming space that is rare for the neighbourhood. The lower level adds an additional 800 square feet of living space and features a large recreation room with polished concrete floor throughout and a double-sided gas fireplace focal point. Gorgeous garden-lined extra wide backyard with an aggregate patio and an abundance of foliage for privacy. 1-car garage with polished concrete flooring and an aggregate driveway and walkway for easy maintenance. Situated on a quiet court with mature trees cascading over the road, very family friendly and close to schools parks, restaurants, shops and more!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,529.17/mo

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5%20%50%

5-yr fixed avg.

Principal: $999,999Interest: $658,751
Mortgage Amount$999,999
Total Interest$658,751
Est. Property Tax$885/mo
Total Cost$1,658,750

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

3148 Terraview Court, 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)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$885
Insurance (est.)-$260
Net Cash Flow+$1,655

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

Fair Market Value

At $833/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.

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.

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.

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    3148 Terraview Court, Burlington | $1,249,999 | Battaglia Team