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Listed 28 days ago

3401 Rockwood Drive

Roseland, Burlington

$1,089,000

Detached|Backsplit 4
3 | 2 | 3
About this home

Welcome to 3401 Rockwood Drive in Burlington, where there's much more space than meets the eye! This spacious 4-level backsplit offers 4 bedrooms, 2 full bathrooms and multiple living areas, giving everyone room to spread out.Step inside to a sunken living room with hardwood flooring, flowing into the formal dining room, also finished in hardwood. The bright kitchen features a double sink, built-in dishwasher and new flooring, with patio doors leading to a pathway to the backyard. A second set of patio doors off the dining room opens onto the deck, creating an easy connection between indoor and outdoor living.Upstairs, you'll find 3 generously sized bedrooms, each with its own closet, along with a 4-piece bathroom featuring updated fixtures.A few steps down, the home really begins to show off its versatility. Open to the kitchen above, the lower level has a connected, open-concept feel and features a cozy family room centred around a gas fireplace. A 4th bedroom and 3-piece bathroom make this level ideal for older kids, guests, a home office or anyone looking for a little extra privacy.And there's still another level! The lowest level adds even more usable living space with a recreation room and bar, a separate laundry room and plenty of storage.Outside, the fully fenced backyard feels surprisingly private, with mature foliage creating a leafy backdrop for summer evenings, entertaining or simply relaxing on the deck.With four finished levels and flexible spaces that can grow and change along with you, 3401 Rockwood Drive is a fantastic opportunity to put down roots in Burlington. Don't let the view from the curb fool you. There's a lot more home waiting inside!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBacksplit 4
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$5,056
Lot Size45 ft x 121.97 ft
mls© NumberW13666558
Listed ByRE/MAX ESCARPMENT REALTY INC.

Listing History

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  • No recent lease history for this listing.

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What the bank counts

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

Mortgage, tested at 6%
$5,574
Property tax
$421
Heat allowance
$150
Housing costs
$6,145 / mo

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

Down payment20% · $217,800
25-yr amortization

Income needed

$189,000

gross annual household income

Payment at 4%
$4,583 / mo
Cash down
$217,800

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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