3346 Terra Cotta Lane, Burlington

Price: $1,680,000

5 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: W13729234

5 Elite Picks! Here Are 5 Reasons To Own This Executive & Stunning, North Facing, Premium 43' Front, Fernbrook "Stonecastle" Model With Many Impressive Upgrades, Nestled In The Affluent, Family Friendly & Quiet Neighborhood Of Alton Village! 1) This Turn-Key 4+1 Bedroom, 4 Bathroom, Carpet Free Home With 9 Foot Smooth Ceiling On Main, Offers Over 4,000 Sq. Ft Of Living Area (3,002 Sq. Ft Above Grade) Including A Fully Finished Basement. 2) Expansive Contemporary Kitchen With Oversized Quartz Island, Matching Kitchen Countertop & A Stylish Backsplash Accented With High-End Stainless Steel Built-In Appliances. 3) Main Floor Features Double Door Entry With A Large Foyer, Open Concept Layout & 20 Cathedral Ceiling. The Modern Open Concept Living & Dining Room Boast Rich Stained Hardwood Flooring & A Cozy Gas Fireplace In Large Family Room Plus A Private Library/Den/ Office Space. W/O To A Beautiful Fully Fenced Backyard Complete With A Wooden Deck. 4) Second Floor Features Elegant Primary Bedroom With Two Walk-In Closets. The Luxurious Master En-Suite Features Dual Sinks, Glass Shower Surround, Quartz Countertop & A Deep Corner Soaking Tub. The Remaining 3 Bedrooms Are Generous Sized & Beautifully Decorated. 5) The Professionally Finished Basement W/Large Windows & High End Finishes Includes A Large Rec Room & In-Law Suite With Own Bedroom & Private Bathroom. Extras: Functional Floor Plan, Stairs With Iron Pickets, California Shutters, Pot Lights & Quartz Countertops Throughout (2024), Laundry @2nd Floor, Furnace (2022), AC (2024). Walking Distance To Alton Village Public School, St. Anne Catholic ES, Dr. Frank J. Hayden SS, Burlington Public Library, Haber Rec Centre, Soccer & Football Fields, Parks. Few Minutes Drive To Almost Every Big Box Store, Restaurant & Community Centre! Close To Go Train, Hwy 401/QEW & 407. A Must See! True Gem To Call Home! https://www.wideandbright.ca/3346-terra-cotta-lane-burlington

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active
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$1,680,000 - 3346 Terra Cotta Lane, Burlington

Detached for Sale in Burlington

Neighbourhood: Alton

5Beds
4Baths
3,000 - 3,499Sq Ft
Detached

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Property Details
MLS Number
W13729234
Property Type
Detached
Status
active
Days on Site
20
Bedrooms
5
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Burlington
Listing Brokerage
EXP REALTY
Description

5 Elite Picks! Here Are 5 Reasons To Own This Executive & Stunning, North Facing, Premium 43' Front, Fernbrook "Stonecastle" Model With Many Impressive Upgrades, Nestled In The Affluent, Family Friendly & Quiet Neighborhood Of Alton Village! 1) This Turn-Key 4+1 Bedroom, 4 Bathroom, Carpet Free Home With 9 Foot Smooth Ceiling On Main, Offers Over 4,000 Sq. Ft Of Living Area (3,002 Sq. Ft Above Grade) Including A Fully Finished Basement. 2) Expansive Contemporary Kitchen With Oversized Quartz Island, Matching Kitchen Countertop & A Stylish Backsplash Accented With High-End Stainless Steel Built-In Appliances. 3) Main Floor Features Double Door Entry With A Large Foyer, Open Concept Layout & 20 Cathedral Ceiling. The Modern Open Concept Living & Dining Room Boast Rich Stained Hardwood Flooring & A Cozy Gas Fireplace In Large Family Room Plus A Private Library/Den/ Office Space. W/O To A Beautiful Fully Fenced Backyard Complete With A Wooden Deck. 4) Second Floor Features Elegant Primary Bedroom With Two Walk-In Closets. The Luxurious Master En-Suite Features Dual Sinks, Glass Shower Surround, Quartz Countertop & A Deep Corner Soaking Tub. The Remaining 3 Bedrooms Are Generous Sized & Beautifully Decorated. 5) The Professionally Finished Basement W/Large Windows & High End Finishes Includes A Large Rec Room & In-Law Suite With Own Bedroom & Private Bathroom. Extras: Functional Floor Plan, Stairs With Iron Pickets, California Shutters, Pot Lights & Quartz Countertops Throughout (2024), Laundry @2nd Floor, Furnace (2022), AC (2024). Walking Distance To Alton Village Public School, St. Anne Catholic ES, Dr. Frank J. Hayden SS, Burlington Public Library, Haber Rec Centre, Soccer & Football Fields, Parks. Few Minutes Drive To Almost Every Big Box Store, Restaurant & Community Centre! Close To Go Train, Hwy 401/QEW & 407. A Must See! True Gem To Call Home! https://www.wideandbright.ca/3346-terra-cotta-lane-burlington

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Estimated Payment

$7,431.21/mo

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5-yr fixed avg.

Principal: $1,344,000Interest: $885,362
Mortgage Amount$1,344,000
Total Interest$885,362
Est. Property Tax$1,190/mo
Total Cost$2,229,362

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: Alton

Discover Alton

Alton 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 Alton

  • 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

Alton 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

3346 Terra Cotta Lane, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,200/mo
Range: $3,570 - $4,830
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,200
Maintenance Fees-$0
Property Tax (est.)-$1,190
Insurance (est.)-$350
Net Cash Flow+$2,660

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 $560/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 20 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.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 5 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.

Bathroom Count Matters

With 4 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.

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    3346 Terra Cotta Lane, Burlington | $1,680,000 | Battaglia Team