518 Markay Common, Burlington

Price: $1,612,389

5 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: W13821108

Discover refined lakeside living in the brand-new, custom-built Bateman Model at Bellview by the Lake. Offering approximately 2,535 sq. ft. above grade plus a 720 sq. ft. finished lower level, this thoughtfully designed home features 9-foot smooth ceilings on both the main and second floors, heightened interior doors, hardwood flooring, and oak staircases with wrought-iron pickets. The gourmet kitchen is beautifully appointed with quartz countertops, while spa-inspired bathrooms and elevated finishes add luxury throughout. The fully finished lower level expands the home's versatility with a spacious recreation room, full bathroom, and an additional room ideal for a guest suite, home office, or in-law accommodations. Built by Markay Homes, Bellview by the Lake is an exclusive enclave of custom residences situated on a private road, just steps from the waterfront, scenic trails, and Joseph Brant Hospital. This is a rare opportunity to own a beautifully crafted new home and experience the very best of lakeside living in South Burlington.

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active
New Listing

$1,612,389 - 518 Markay Common, Burlington

Detached for Sale in Burlington

New — Listed yesterday

Neighbourhood: Brant

5Beds
4Baths
2,500 - 2,999Sq Ft
Detached

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Property Details
MLS Number
W13821108
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
5
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Burlington
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Description

Discover refined lakeside living in the brand-new, custom-built Bateman Model at Bellview by the Lake. Offering approximately 2,535 sq. ft. above grade plus a 720 sq. ft. finished lower level, this thoughtfully designed home features 9-foot smooth ceilings on both the main and second floors, heightened interior doors, hardwood flooring, and oak staircases with wrought-iron pickets. The gourmet kitchen is beautifully appointed with quartz countertops, while spa-inspired bathrooms and elevated finishes add luxury throughout. The fully finished lower level expands the home's versatility with a spacious recreation room, full bathroom, and an additional room ideal for a guest suite, home office, or in-law accommodations. Built by Markay Homes, Bellview by the Lake is an exclusive enclave of custom residences situated on a private road, just steps from the waterfront, scenic trails, and Joseph Brant Hospital. This is a rare opportunity to own a beautifully crafted new home and experience the very best of lakeside living in South Burlington.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,132.14/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,289,911Interest: $849,731
Mortgage Amount$1,289,911
Total Interest$849,731
Est. Property Tax$1,142/mo
Total Cost$2,139,642

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

518 Markay Common, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$1,142
Insurance (est.)-$336
Net Cash Flow+$2,472

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 $645/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.

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.

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.

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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    518 Markay Common, Burlington | $1,612,389 | Battaglia Team