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Palmer, Burlington
$1,324,900
Five bedrooms above grade, three full bathrooms, and a double garage on a quiet, tree-lined street. A rare combination in family-friendly Palmer, where most homes offer three bedrooms and a single-car garage. A major 2013 renovation added the entire third floor along with new electrical and plumbing, transforming the original 1974 backsplit into a home built around how families actually live. The main floor is open concept with hardwood throughout and an updated kitchen featuring quartz counters and stainless appliances. A built-in workspace at the end of the kitchen offers room for two, ideal for homework, remote work, or morning coffee. A bright three-season sunroom with heater makes the space usable year-round. The primary bedroom sits on the third floor with a walk-in closet. Two more bedrooms on the same level share a five-piece bath. Two additional bedrooms on the second floor share a four-piece. The finished basement adds a family room with brick fireplace surround (currently non-operational, gas insert possible) and a three-piece bath. Outside, a newer wood-burning sauna offers a spa-quality retreat, fresh, beautifully built, and large enough to share. Newer furnace and tankless water heater (2025). Close to schools, parks, playgrounds, creek trails, and shopping, with quick access to the QEW and 407. Quick close available.
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| Type | Detached |
| Style | Backsplit 4 |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $6,142 |
| Lot Size | 49.52 ft x 101 ft |
| mls© Number | W13515554 |
| Listed By | ROYAL LEPAGE MACRO REALTY |
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%
- $6,781
- Property tax
- $512
- Heat allowance
- $150
- Housing costs
- $7,443 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$229,000
gross annual household income
- Payment at 4%
- $5,575 / mo
- Cash down
- $264,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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