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Listed 9 days ago

5014 Spruce Avenue

Appleby, Burlington

$1,699,000

Detached|Bungalow
3 | 4 | 4
About this home

Welcome to 5014 Spruce Avenue, where beautifully renovated and reimagined bungalow living meets a peaceful natural setting in an established and coveted South Burlington neighbourhood. Set on an impressive 100-foot-wide lot backing onto green space along Appleby Creek, offering privacy and serenity. This home offers approximately 1,700 sq. ft. of warm, contemporary main-floor living. The open-concept kitchen is designed for everyday living and gathering, with quartz countertops, a generous island, gas range and thoughtfully planned storage. It flows into the dining and living areas, with backyard views from the kitchen sink.Three main-floor bedrooms include a primary suite with walk-in closet and three-piece ensuite. The other two bedrooms share a Jack-and-Jill bathroom, while a guest powder room and direct garage access add convenience. Downstairs, the finished lower level offers a spacious recreation room, fourth bedroom, bathroom, laundry, cold storage and additional unfinished space with future possibilities. Enjoy a connection to nature in the backyard, with green space / ravine, while staying close to everything. Walk to parks, schools, shopping, everyday amenities and the lake; Appleby GO Station and downtown Burlington are a short drive away. Whether you're downsizing without sacrificing space or looking for room for a changing family, 5014 Spruce Avenue brings together comfort, versatility and location. A home designed for the way you want to live.

Extras

No extras listed.

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Got questions?

Contact Macallum directly.

agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$7,952
Lot Size100 ft x 138.58 ft
mls© NumberW14128210
Listed ByRoyal Lepage Real Estate Associates, Larose Team

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%
$8,696
Property tax
$663
Heat allowance
$150
Housing costs
$9,509 / mo

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

Down payment20% · $339,800
25-yr amortization

Income needed

$293,000

gross annual household income

Payment at 4%
$7,150 / mo
Cash down
$339,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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