$1,000,000 - 491 Shannon Crescent, Burlington
Detached for Sale in Burlington
New — Listed 3 days agoNeighbourhood: Shoreacres
- MLS Number
- W13627656
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Burlington
- Listing Brokerage
- RE/MAX WEST REALTY INC.
Welcome to this 3-bedroom, 2-bathroom side-split, ideally situated on a sprawling corner lot. This home sits on quiet, tree lined street in Burlington's Shoreacres. This home offers exceptional curb appeal, featuring a beautifully landscaped front yard, concrete driveway, aggregate path and a double-car garage, with newly installed concrete floor. Inside, you'll find a spacious living room with an oversized bay window that fills the home with natural light, a separate dining room with sliding doors and eat in kitchen. Original hardwood flooring beneath the carpet in living/dining, bedrooms and stairs as per seller. A separate entrance to the basement from the backyard provides added flexibility and future potential for in-law suite. The lower level family room has cozy wood burning fireplace, newer carpet and has been freshly painted. Major updates include 8 new windows (2025) and a complete electrical rewire (2019), offering peace of mind for years to come. With endless possibilities, this is the perfect opportunity to renovate, personalize, and create the home you've always envisioned. Ideally located just a short walk to Nelson Park, you'll enjoy convenient access to a swimming pool, splash pad, playground, skateboard park, sports fields, and a variety of recreational amenities. A fantastic opportunity to own a solid home in a desirable, family-friendly neighbourhood.
Estimate your monthly payments for this property
Estimated Payment
$4,423.34/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 Shoreacres
Shoreacres 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 Shoreacres
- •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
Shoreacres 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.
491 Shannon Crescent, 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 $909/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.
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 Shoreacres
I know Shoreacres 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.