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Listed 1 month ago

5940 Blue Spruce Avenue

Orchard, Burlington

$1,499,000

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

Welcome to 5940 Blue Spruce Avenue, nestled in Burlington's highly sought-after Orchard neighborhood-renowned for its family-friendly atmosphere, excellent schools, and walking distance to the scenic trails of Bronte Provincial Park. From the moment you step inside, you're welcomed by an abundance of natural light pouring through a stunning cathedral-height window in the great room, creating a bright, open, and inviting atmosphere. The thoughtfully designed main floor offers seamless flow for everyday living and entertaining, featuring a spacious dining area that comfortably accommodates a full-sized table-perfect for hosting family and friends. The home also boasts a beautifully designed custom kitchen, complete with premium KitchenAid stainless steel appliances, including a gas stove, fridge, and dishwasher-ideal for both everyday cooking and entertaining. A convenient powder room and interior garage access add to the home's practicality. Upstairs, a striking double-height staircase leads to a generously sized primary bedroom retreat, complete with a walk-in closet and private ensuite. Two additional well-appointed bedrooms, a full bathroom, and convenient second-floor laundry, provide ample space for a growing family, ensuring comfort and privacy for all. The fully finished walkout basement is a standout feature of this home, offering exceptional versatility and income potential. Complete with its own kitchen, full bathroom, and separate laundry, this space is ideal for extended family, guests, or as a potential in-law suite or rental opportunity. This move-in ready home combines bright, spacious interiors with incredible functionality and flexibility-perfect for families looking to settle into one of Burlington's most desirable communities.Brokerage Remarks

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. Age16-30
Size1500-2000 sq. ft.
Property Tax$5,305
Lot Size36.09 ft x 75.46 ft
mls© NumberW13472292
Listed ByRE/MAX REAL ESTATE CENTRE INC.

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 actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,673
Property tax
$442
Heat allowance
$150
Housing costs
$8,265 / mo

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

Down payment20% · $299,800
25-yr amortization

Income needed

$254,000

gross annual household income

Payment at 4%
$6,308 / mo
Cash down
$299,800

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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