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Price Change$999,000

804 Shadeland Avenue

LaSalle, Burlington

$1,499,000

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

Exceptional double lot registered on GeoWarehouse as Lot 75 & Lot 76. A great opportunity for builders and investors, with the property currently rented for $5,000 per month, providing immediate rental income. A rare chance to create your custom dream retreat within the city or enjoy the property as is.Custom homes on similar-sized lots in the neighbourhood are selling for $5.7M. With its spacious lot backing onto a ravine, it offers a serene escape from urban life surrounded by nature's beauty. And with 3 bedrooms and 2 bathrooms, it provides comfortable living accommodations. The main floor, with its lovely kitchen, dining area, and living room, seems like a cozy hub for daily life. The sitting area offers incredible views of the surrounding landscape, creating a peaceful atmosphere. The location is ideal with proximity to Lake Ontario, parks, a marina, and a golf club, offering plenty of opportunities for outdoor recreation. And with easy access to major highways and downtown, it strikes a balance between convenience and tranquility. This home is a perfect blend of countryside charm and urban convenience, offering a lifestyle that's both refreshing and convenient.

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$7,229
Lot Size107.97 ft x 206.7 ft
mls© NumberW13577196
Listed ByRE/MAX ESCARPMENT REALTY 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
$602
Heat allowance
$150
Housing costs
$8,425 / mo

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

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

Income needed

$259,000

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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