502 Karen Drive, Burlington

Price: $1,599,000

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W13870750

Set on an oversized, mature lot in Central Burlington, this beautifully updated 4-bedroom, 3-bathroom home offers 2,498 sq. ft. of thoughtfully designed living space. The spacious 4-level sidesplit showcases a newly renovated open-concept kitchen with new stainless steel appliances, seamlessly connected to the living and dining areas, with new flooring throughout. The upper level features a generous Primary bedroom with a spacious walk-in closet and spa-inspired ensuite with heated floors. Two additional bedrooms and a 4-piece bathroom complete this level. The main level offers an additional family room with a gas fireplace, custom built-ins and new windows overlooking the landscaped backyard. The lower level provides an additional bedroom, 3-piece bathroom, laundry room and an abundance of storage space. Outside, enjoy your own private backyard retreat featuring a separately fenced 18' x 36' natural gas heated in-ground pool with an updated pump and filter. A deck off the dining room extends to a spacious entertaining area with a gazebo, all surrounded by beautiful specimen trees and mature gardens. Conveniently located minutes to downtown, shops, schools and major highways, this home offers an exceptional blend of space, privacy and location.

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active
New Listing

$1,599,000 - 502 Karen Drive, Burlington

Detached for Sale in Burlington

New — Listed today

Neighbourhood: Brant

4Beds
3Baths
1,500 - 1,999Sq Ft
Detached

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Property Details
MLS Number
W13870750
Property Type
Detached
Status
active
Days on Site
0
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Burlington
Taxes (2025)
$7,676
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Set on an oversized, mature lot in Central Burlington, this beautifully updated 4-bedroom, 3-bathroom home offers 2,498 sq. ft. of thoughtfully designed living space. The spacious 4-level sidesplit showcases a newly renovated open-concept kitchen with new stainless steel appliances, seamlessly connected to the living and dining areas, with new flooring throughout. The upper level features a generous Primary bedroom with a spacious walk-in closet and spa-inspired ensuite with heated floors. Two additional bedrooms and a 4-piece bathroom complete this level. The main level offers an additional family room with a gas fireplace, custom built-ins and new windows overlooking the landscaped backyard. The lower level provides an additional bedroom, 3-piece bathroom, laundry room and an abundance of storage space. Outside, enjoy your own private backyard retreat featuring a separately fenced 18' x 36' natural gas heated in-ground pool with an updated pump and filter. A deck off the dining room extends to a spacious entertaining area with a gazebo, all surrounded by beautiful specimen trees and mature gardens. Conveniently located minutes to downtown, shops, schools and major highways, this home offers an exceptional blend of space, privacy and location.

Mortgage Calculator

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Estimated Payment

$7,072.92/mo

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5-yr fixed avg.

Principal: $1,279,200Interest: $842,675
Mortgage Amount$1,279,200
Total Interest$842,675
Est. Property Tax$1,133/mo
Total Cost$2,121,875

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: Brant

Discover Brant

Brant 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 Brant

  • •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

Brant 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

502 Karen Drive, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$1,133
Insurance (est.)-$333
Net Cash Flow+$1,734

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 $1066/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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Burlington. Good resale value as demand remains consistent.

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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