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Listed 3 months ago

516 Markay Common

Brant, Burlington

$1,896,900

Detached|2-Storey
4 | 4 | 3
About this home

Set within an intimate enclave of architecturally refined custom homes on a private road, this boutique lakeside community offers a rare alternative to the typical "sea of houses" often found in newer developments. Here, homeowners enjoy a more private, distinctive setting just steps to the waterfront, trails, parks, and Joseph Brant Hospital. Built by Markay Homes, these residences combine luxury craftsmanship with one of South Burlington's most walkable lakefront lifestyles. A rare opportunity to own a new custom home in an exclusive, limited collection near the lake.This newly built custom home in Bellview by the lake offers 2,535 sq ft above grade plus a beautifully finished 720 sq ft lower level, blending sophisticated design with upscale craftsmanship. Interior highlights include 9' smooth ceilings on the main and upper levels, taller interior doors, hardwood flooring, oak staircases with wrought iron pickets, a chef-inspired kitchen with quartz surfaces, and elegantly appointed bathrooms. A separate entrance leads to the finished basement which extends the living space with a large recreation area, full bathroom, and a versatile office or additional bedroom perfect for guests, multi-generational living, or a private work-from-home setup.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNew
Size2500-3000 sq. ft.
Property Tax---
Lot Size40 ft x 124 ft
mls© NumberW13153676
Listed BySOTHEBY'S INTERNATIONAL REALTY CANADA

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$9,709
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$9,859 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $379,380
25-yr amortization

Income needed

$303,000

gross annual household income

Payment at 4%
$7,982 / mo
Cash down
$379,380

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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