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New4 days ago

1470 Mountain Grove Avenue

Mountainside, Burlington

$929,900

Detached|Bungalow
2 | 2 | 6
About this home

Welcome to this versatile bungalow tucked away on a quiet street in Burlington's sought-after Mountainside neighbourhood. Originally a three-bedroom home, two of the bedrooms have been opened up to create one generously sized primary bedroom. The dividing wall could easily be reinstalled to restore the original three-bedroom layout if desired.Beneath much of the existing flooring, you'll find the home's original hardwood-and the hardwood currently exposed in the living room is in terrific condition, offering an exciting glimpse of what may be waiting underneath.The kitchen has been updated from its original design and provides a functional foundation for today, with plenty of opportunity to refresh and personalize over time. Downstairs, the finished basement adds exceptional versatility with two additional rooms currently used as bedrooms and an extra-large recreation room-ideal for movie nights, a games area, a children's playroom or a comfortable gathering space.Outside, the exceptionally large and versatile backyard offers loads of room for entertaining, gardening, outdoor play or simply relaxing. The included riding lawnmower makes caring for the generous property a breeze, while the conversation swing set provides a welcoming spot to sit, unwind and enjoy the surroundings.Set between Rolling Meadows School and St. Gabriel Catholic Elementary School, and within walking distance of M.M. Robinson High School, this location is hard to beat. Close to parks, shopping, transit, recreation and commuter routes, this is a well-loved home with great bones, a flexible layout and wonderful potential-ready for its next owners to make it their own.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,887
Lot Size105 ft x 141.35 ft
mls© NumberW13784724
Listed ByROYAL LEPAGE STATE REALTY

Listing History

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

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$4,760
Property tax
$407
Heat allowance
$150
Housing costs
$5,317 / mo

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

Down payment20% · $185,980
25-yr amortization

Income needed

$164,000

gross annual household income

Payment at 4%
$3,913 / mo
Cash down
$185,980

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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