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New2 days ago

401 Swinburne Road

Roseland, Burlington

$1,399,000

Detached|Bungalow-Raised
3 | 3 | 4
About this home

Beautiful 3+2 bedroom, 3-full-bath raised bungalow with a double garage in prestigious Roseland!! This well-maintained home offers over 1,800 sq. ft. of spacious ONE-LEVEL living plus approximately 1,300 sq. ft. on the lower level. Nestled among mature trees, elegant homes and quiet streets, it provides exceptional space and flexibility for families.An ideal family location! Just a 700m walk to John T. Tuck Public School and St. Raphael Catholic Elementary School, and 1.1km (about a 15-minute walk) to Nelson High School.The main floor boasts bright, southwest-facing living and formal dining rooms with large windows, abundant natural light and beautiful Jatoba hardwood flooring. Enjoy a kitchen with breakfast area and a family room with walkout to the backyard deck. The family room could also serve as an additional main-floor bedroom while preserving generous living and dining areas. The primary bedroom has a walk-in closet and private 3-piece ensuite; two other bedrooms share a bathroom with a sun tunnel skylight. Perfect for extended family, the lower level features two bedrooms, a 3-piece bathroom, recreation room and ample storage. The 4th bedroom has built-in bookshelves, ideal for a home office. The 5th bedroom adjoins the recreation room, offering flexibility to create a larger gathering space. Unwind in the fully fenced, professionally landscaped backyard with inground pool and large shed. Updates include most windows, exterior doors, garage door, roof, electrical panel (ESA certificate), furnace and A/C (2014), pool heater, liner and pump (2018), and double driveway (2019).Minutes to Lake Ontario, parks, downtown Burlington, shops and dining, with easy access to Burlington GO and the QEW. Enjoy the Roseland lifestyle!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$7,656
Lot Size68.01 ft x 121.25 ft
mls© NumberW14115526
Listed ByREAL ONE REALTY INC.

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What the bank counts

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

Mortgage, tested at 6%
$7,161
Property tax
$638
Heat allowance
$150
Housing costs
$7,949 / mo

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

Down payment20% · $279,800
25-yr amortization

Income needed

$245,000

gross annual household income

Payment at 4%
$5,887 / mo
Cash down
$279,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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