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New4 days ago

3453 Hannibal Road

Palmer, Burlington

$949,000

Detached|2-Storey
3 | 2 | 4
About this home

Amazing value in Palmer! This spacious detached home offers 3+1 bedrooms, 1.5 baths and sits on a mature lot along a quiet, family-friendly street. Enjoy an oversized 1.5-car garage, a 3-car driveway and a large, private backyard. The bright main level features a spacious eat-in kitchen with stainless steel appliances and plenty of cabinetry, along with a large living room complete with a wood-burning fireplace and walkout to the private backyard. A separate, oversized family room offers vaulted ceilings and a convenient 2-piece powder room. The bedroom level features 3 spacious bedrooms and a large 4-piece bathroom. The finished lower level includes a rec room/4th bedroom and plenty of storage space. Outside, the backyard is perfect for entertaining with a large stone patio, gazebo and plenty of grassy space. Exceptional location for young families-directly across from newly rebuilt parks with playgrounds, splash pad, soccer, baseball and pickleball, and walking distance to outstanding schools, recreation centres, pools, tennis and countless kids' activities.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,884
Lot Size28.8 ft x 116.78 ft
mls© NumberW13847008
Listed ByRE/MAX ESCARPMENT REALTY INC.

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

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

Mortgage, tested at 6%
$4,857
Property tax
$407
Heat allowance
$150
Housing costs
$5,414 / mo

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

Down payment20% · $189,800
25-yr amortization

Income needed

$167,000

gross annual household income

Payment at 4%
$3,994 / mo
Cash down
$189,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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