4447 Spruce Avenue

Shoreacres, Burlington · MLS® W13844800

316

House · Single Family · 24 days on market

listed by MARIANNE RIZZO, SUTTON GROUP-ADMIRAL REALTY INC.

realtor's description

ATT:BUILDERS/RENOVATORS/INVESTORS-PRIMESHOREACRESOPPORTUNITY! Approved architectural plans for a custom two-storey home (approx.4,241sqftabovegrade) have been prepared and submitted to the City of Burlington. The existing structure is boarded and uninhabitable-this is a land-value sale ideal for redevelopment. The 75-ft lot backs and sides onto Breck on Park, offering privacy, mature trees, and a natural park-side backdrop rarely found in this area. Walk to the lake, parks, and top-rated schools. Buyer to conduct their own due diligence regarding all municipal requirements, permits, engineering, and feasibility of any proposed work. Seller and Brokerage make no representations or warranties regarding the status, validity, or transferability of any applications or approvals.

property details

type: House, Single Family
bedrooms: 3
bathrooms: 1
parking: 6
property tax: $7,316 / yr
days on market: 24
MLS®: W13844800

features

Wooded area

monthly cost

$6,709/mo

Mortgage $6,100 · Tax $610

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$6,100/ monthly

loan $1,119,999

25-year amortization

down payment20% · $280,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $709,899
cash to close: $280,000; down payment; transfer tax and fees not included
total paid: $1,829,898

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.