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New6 days ago

1340 Mountain Grove Avenue

Mountainside, Burlington

$739,900

Detached|Backsplit 3
3 | 1 | 2
About this home

An incredible opportunity to bring your vision to life in Burlington's desirable Mountainside community! Tucked away on a quiet cul-de-sac, this 3-bedroom, 1-bathroom detached backsplit sits on a unique 50-foot-wide lot that expands to approximately 140 feet at the rear, backing onto mature trees, wooded greenspace and parkland. Surrounded by nature, the property offers a peaceful setting with exceptional potential for buyers looking to renovate and make it their own. Inside, the spacious living room features large windows, a wood-burning stove (as-is) and hardwood flooring beneath the existing carpet. The bright kitchen offers an eating area, while the upper level includes three bedrooms and a 4-piece bathroom. The partially finished lower level provides additional recreation space, along with separate utility and storage areas. With the property requiring mechanical and aesthetic updates, a new furnace installed in October 2026 provides relief for further upgrades. Outside, the expansive, tree-lined backyard offers plenty of possibilities to create your ideal outdoor retreat. Conveniently located near schools, parks, shopping, recreation facilities, public transit and everyday amenities. Whether you're a renovator, investor or buyer ready to take on a complete transformation, this property presents an exciting opportunity to unlock its potential in an established Burlington neighbourhood. Estate sale. The property, including all remaining mechanical systems and the roof, is being sold in as-is condition.

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agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
StyleBacksplit 3
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,129
Lot Size50 ft x 108.1 ft
mls© NumberW14087246
Listed ByRoyal LePage Real Estate Associates

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%
$3,787
Property tax
$344
Heat allowance
$150
Housing costs
$4,281 / mo

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

Down payment20% · $147,980
25-yr amortization

Income needed

$132,000

gross annual household income

Payment at 4%
$3,114 / mo
Cash down
$147,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

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