A pic from exterior of the house or condo, the fenced backyard for 5127 Milburough Line, Burlington Ontario L7P 0C6
Re-listed 177 days ago

5127 Milburough Line, Burlington, Ontario L7P 0C6

Land
4
1
~1700 sqft
$•••,•••
$2,499,999
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Land
4
1
~1700 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,470/sqft

Est. Mortgage$10,736/mo

Tax Amount (2024)$3,200/yr

Days On Market177 days

Total Days On Market815 days


Description

24 ACRES IN BURLINGTON! Exceptional rural setting situated amongst multi million dollar homes in the highly sought after area of North Burlington. This 20+ acre parcel of land is operating as a horse farm w/ outbuildings and standardbred training track and paddocks. There is rental income potential from the 2 homes and potential income from horse boarding. Plus there is also 6-7 acres that can be used for farming or vegetables, the possibilities are endless! This property offers an elevated section (in the current location of the mobile home) providing an ideal location to build your dream home offering a full view from the road along with an expansive scenic view of the surrounding nature, trails, fields, trees, wild life and more. A country estate minutes from the city that is completely secluded amongst other executive estates on large parcels of land. Over 400 feet of frontage, 7 acres of farmable land, 5 paddocks, 2 septic tanks, and detached separate trailer w/ own heat source currently renting for $1000/mo. The farm house is in good shape with metal roof and lots of space. The outbuildings include a detached 2 car garage and a huge barn with super high ceilings and newer addition off the back. Stream running through the property and mostly flat land and some wooded area. These opportunities do not come along too often as an investment so come have a look for yourself!


Property Details

Style1.5 Storey
View-
Age of property-
SqFt~1700 SqFt
Lot Size-
Parking Spaces10
MLS ®Number40663506
Community NameBurlington
Data SourceITSO
Listing byPay It Forward Realty

Features

Heating: Propane
Basement: Partial, Unfinished

Main Floor

Living Room

6.50 x 5.69

Family Room

4.72 x 3.99

Eat-in Kitchen

5.99 x 4.75

Bathroom

4-Piece


Features

Septic Tank

Parking

Garage spaces 2

Garage type -

Other parking spaces 8

Total parking spaces 10


Property listed by Pay It Forward Realty, Brokerage

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Market Data - Burlington

Geo Zone Map ThumbnailBurlington

Balanced Market

View Market Data

Land - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

25 days

Compared to

2024

28 days

2023

24 days

2022

7 days

New Listings

Past 30 days

533 listings

Compared to

2024

396 listings

2023

396 listings

2022

584 listings

Units sold

Past 30 days

203 units

Compared to

2024

220 units

2023

288 units

2022

403 units

Median Sold Price

Past 30 days

$1,010,000

Compared to

2024

$980,000

2023

$927,500

2022

$1,180,000


Population and Demographics

Overview

Total population 184888
Average household income $157,473

Age (%)

0 to 19
22%
65 and plus
21%
50 to 64
21%
35 to 49
20%
20 to 34
16%

Household composition (%)

Single family
71%
Single person
26%
Multi person
2%
Multi family
0%

Mother tongue (%)

English
85%
Others
6%
Spanish
2%
Arabic
2%
French
1%
Polish
1%

House tenancy (%)

Owners
75%
Renters
25%

Schools and amenities

Estimated Budget