283 Plains Road W, Burlington

$1,399,000
283 Plains Road W

$1,399,000

Price Change
30d
Detached2 1/2 Storey

283 Plains Road W, Burlington

Total Monthly Obligation $6,516

Beds
5
Baths
4
Park
6
Sqft
2500-3000
DOM
30d
Yield
5.4%
Cash on Cash
0.8%
Cap Rate
4.7%
5Y IRR
16.2%
10Y IRR
15.1%
Property Type-Detached
MLS® Number-W13827410
Beds-5
Bathrooms-4
Size-2500-3000 sqft
Lot Size-50 × 165.03 ft
Listed on site-Sep 23, 2026
Style-2 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$5,970 (2026)
Parking-6 - None
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Bayview
Title-Residential Freehold

No agent assigned

A RARE find with room for everyone-and potential for so much more! This one-of-a-kind FIVE-bedroom 1920s character home combines generous family living, home based business possibilities and an entertainer's backyard, all tucked behind a wrap-around porch. Inside, exposed wood beams and wooden barn doors bring warmth and architectural character to the open-concept main level. At the heart of the home is a custom kitchen featuring extensive cabinetry and an impressive oversized granite island-perfect for entertaining friends and family The kitchen, dining area and inviting TV room flow effortlessly together, while the gas fireplace creates a warm and comfortable atmosphere. Direct access to the backyard extends the living space outdoors for seamless indoor-outdoor entertaining. The private backyard feels like a retreat of its own with an outdoor kitchen, fire table and hot tub. From peaceful mornings to lively summer nights, this is a space designed to be enjoyed. The spacious primary bedroom offers a private escape complete with ensuite, walk-in closet and access to a large balcony overlooking the backyard-the perfect place to enjoy a morning coffee or unwind at the end of the day. Four additional bedrooms provide plenty of space for a large family, overnight guests, home offices or creative pursuits. The finished basement brings another dimension to the property. With two separate entrances, a bathroom and multiple finished areas. It offers exceptional potential for a professional office, home gym, recreation area or creative workspace. Tucked away is a hidden room currently used as a guitar and music studio, with exciting potential for recording, podcasting, content creation or a teen retreat. Beyond the home itself, the property may offer potential for an ADU or future residential development. Close to parks, schools, Go station, HWY, shops and restaurants This is more than a character home-it's a place to work, gather, create and invest in the future!

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Closing Costs

Mortgage Amount
$1,119,200
Land Transfer Taxes$24,455
Legal Fees (Est.)
$
Total cash required for closing$305,755

Total Monthly Obligation

$6,516/mo
Mortgage $5,643
Monthly Loss $5,031
Principal$1,485
Interest$4,158
Property Tax$498
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 283 Plains Road W

Time

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