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Appleby, Burlington
$539,000
Welcome to 485 Timber Lane, a bright and thoughtfully designed condo townhouse offering space, flexibility, and easy everyday living.This 2+1 bedroom, 2-bathroom home features an open-concept main living space with pot lights, creating a warm and inviting setting for both relaxing and entertaining. Step outside to your large private patio, offering valuable outdoor space for morning coffee, summer dinners, or simply enjoying some fresh air.The large basement adds even more versatility and can be tailored to whatever your lifestyle needs - a spacious recreation room, home office, guest space, gym, or even an additional bedroom.With parking, generous living space, two full bathrooms, and a layout that can adapt as your needs change, this is a home that gives you more than just the basics. *Some Photos Virtually Staged*
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| Type | Condo Townhouse |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1000-1199 sq. ft. |
| Maintenance Fees | $668 |
| Locker | Ensuite |
| Balcony | Terrace |
| Exposure | South |
| Parking Type | None |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $2,670 |
| Lot Size | x |
| mls© Number | W13715952 |
| Listed By | RE/MAX PREMIER 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%
- $2,759
- Property tax
- $223
- Heat allowance
- $150
- Condo fees, half counted
- $334
- Housing costs
- $3,465 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$107,000
gross annual household income
- Payment at 4%
- $2,268 / mo
- Cash down
- $107,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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