505 KAREN Drive
Burlington, Ontario
4 bed • 2 bath • Single Family
Solid brick bungalow located on a quiet, low-traffic, family-friendly street in the Central Park area, just steps to Downtown Burlington. This home offers a functional layout with hardwood flooring, an updated kitchen and bathroom, main floor laundry, and a fully finished basement with a separate entrance. The lower level includes a second laundry area, large recreation room, three-piece bathroom, and a fourth bedroom, offering flexible space for extended family or additional living use. Additional features include a large garage/workshop, spacious driveway with parking for multiple vehicles, and a pebbled stone concrete walkway. The property also offers some accessibility features and includes existing appliances, window coverings, and light fixtures. Convenient location close to parks, trails, schools, shopping, the YMCA, downtown amenities, public transit, and with easy access to highways and the GO station. Property is being sold in “as is, where is” condition. No representations or warranties will be made by the Sellers.
Price History
Schools
Elementary
- Tecumseh Public School0.9 km
Public · Halton DSB · 390 students
Grade 3 reading: 66% met the provincial standard · Grade 6 math: 22% met the provincial standard
- Lakeshore Public School1 km
Public · Halton DSB · 190 students
Grade 3 reading: 55% met the provincial standard · Grade 6 math: 62% met the provincial standard
- St. Paul Catholic Elementary School1.1 km
Catholic · Halton CDSB · 430 students
Grade 3 reading: 86% met the provincial standard · Grade 6 math: 70% met the provincial standard
Secondary
- Gary Allan High School - Burlington1.1 km
Public · Halton DSB · 300 students
- Assumption Catholic Secondary School1.1 km
Catholic · Halton CDSB · 1070 students
Grade 10 literacy: 89% met the provincial standard
- Burlington Central High School1.7 km
Public · Halton DSB · 865 students
Grade 10 literacy: 91% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L7R
- Population
- 17,338
- Private dwellings
- 8,675
- Median age
- 45.2
- Average household size
- 2.1
- Median household income
- $86,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Burlington · last 12 months
- Median sold price
- $940,000
- Homes sold
- 2,400
- Median days on market
- 23
- Sale-to-list price
- 97.3%
Based on 2,400 recorded sales of single family properties in Burlington over the last 12 months.
Location
Mortgage Calculator
$139,800
Estimated Monthly Payment
$3,434
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,434/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $175/mo
Estimates only. Consult a financial advisor.
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