1262 HOMEWOOD Drive
Burlington, Ontario
4 bed • 2 bath • Single Family
Great opportunity for the savvy buyer! This 3+1 bedroom bungalow offers exceptional flexibility. It sits on a massive 50 x 175 ft private lot offering the ideal opportunity for future expansion. SEPARATE LEGAL BASEMENT APARTMENT which was designed by Scott McGillivray and showcased on HGTV’s Income Property— can provide an income, house a family member or could easily be used as a single family home again. The main level offers a spacious open-concept great room, three bedrooms, and a 4-piece bathroom. The kitchen is equipped with stainless steel appliances, granite countertops, stylish backsplash, and a built-in gas cooktop. A walkout leads to the deep, private backyard and a 400 sq.ft deck. Perfect for entertaining or future potential. The lower level is fully self-contained with a separate entrance, offering excellent rental or in-law suite potential. It includes a large living and dining area, a full kitchen with stainless steel appliances and backsplash, a 3-piece bathroom, one bedroom plus a den (ideal as a second bedroom or home office), and elegant lighting throughout. Conveniently located close to parks, schools, shopping, and public transit, this is a turnkey investment in a prime location.
Price History
Schools
Elementary
- Clarksdale Public School0.4 km
Public · Halton DSB · 435 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 72% met the provincial standard
- St. Gabriel Catholic Elementary School0.8 km
Catholic · Halton CDSB · 545 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 63% met the provincial standard
- Rolling Meadows Public School1 km
Public · Halton DSB · 465 students
Grade 3 reading: 74% met the provincial standard · Grade 6 math: 52% met the provincial standard
Secondary
- M M Robinson High School1.2 km
Public · Halton DSB · 1155 students
Grade 10 literacy: 86% met the provincial standard
- eLearning Campus1.4 km
Public · Halton DSB
- Thomas Merton Catholic Secondary School2.6 km
Catholic · Halton CDSB · 180 students
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 L7P
- Population
- 29,777
- Private dwellings
- 11,060
- Median age
- 44
- Average household size
- 2.7
- Median household income
- $117,000
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
- 2,391
- Median days on market
- 23
- Sale-to-list price
- 97.3%
Based on 2,391 recorded sales of single family properties in Burlington over the last 12 months.
Location
Mortgage Calculator
$167,980
Estimated Monthly Payment
$4,126
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,126/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $210/mo
Estimates only. Consult a financial advisor.
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