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New3 days ago

258 Shoreacres Road

Shoreacres, Burlington

$2,299,900

Detached|Bungalow
3 | 4 | 12
About this home

South Burlington! A great opportunity to secure a sprawling 2,500 sq ft bungalow set on an exceptional 67 x 262 ft lot, offering a combination of scale, setting, and flexibility that is increasingly hard to find. The main floor delivers a well-balanced layout with formal living and dining rooms along with an open concept family room centered around a fireplace and a walkout to an upper patio. From here, the views stretch out over the expansive backyard and pool, grand in scope and offering a sense of space and privacy that is rarely seen. There are 3 bedrooms on the main level, while the lower level adds 3 additional rooms that can easily function as bedrooms, office space, a gym, or guest accommodations depending on your needs. The flow throughout the home is both practical and comfortable, making it easy to live in as is or reimagine over time. Outdoors, the property truly shines with an inground pool, all-day sun exposure, and beautiful sunset views from the back porch and deck, creating an ideal setting for entertaining or quiet evenings. A circular driveway provides parking for 10+ cars, a feature that is both rare and highly functional. The walkout lower level offers an additional 2,500 sq ft of bright, usable space with large windows, a recreation room with bar area, additional bedrooms, and direct access to the backyard along with two separate staircases connecting both level. Perfect for extended family living or multi-functional use. While the home would benefit from updating the proportions, layout, and lot size provide an outstanding canvas for a buyer with vision. Set within one of the area's most desirable neighbourhoods known for its strong community feel, top-tier schools and just minutes to highways, shopping, and parks, this is a property with both immediate presence and long-term potential.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. Age31-50
Size2000-2500 sq. ft.
Property Tax$13,980
Lot Size67.13 ft x 262.3 ft
mls© NumberW13851612
Listed ByROYAL LEPAGE REALTY PLUS OAKVILLE

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%
$11,772
Property tax
$1,165
Heat allowance
$150
Housing costs
$13,087 / mo

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

Down payment20% · $459,980
25-yr amortization

Income needed

$403,000

gross annual household income

Payment at 4%
$9,678 / mo
Cash down
$459,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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