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Listed 19 days ago

4650 Ethel Road

Alton, Burlington

$1,480,000

Detached|2-Storey
4 | 3 | 4
About this home

Welcome to this spacious 4-bedroom detached corner home in Burlington's highly sought-after Alton Village, offering approximately 2,750 sq. ft. of above-grade living space, plus an additional 1,320 sq. ft. unfinished basement with excellent future potential. One of the home's standout features is its well-defined main-floor layout, with dedicated living, dining, family, and breakfast areas. Each space serves a distinct purpose, providing separation and functionality while maintaining an easy flow for everyday family life and entertaining. The family room features a gas fireplace, while the kitchen offers granite countertops, stainless steel appliances, and direct connection to the breakfast area overlooking the backyard. 9-foot ceilings, hardwood flooring, and crown moulding further enhance the main level. Upstairs, the home offers four spacious bedrooms along with the convenience of second-floor laundry. The spacious primary bedroom includes a walk-in closet and private ensuite, while the remaining bedrooms provide excellent flexibility for family, guests, or home-office use. Set on a corner lot adds natural light and outdoor space. A double-car garage and private double driveway provide parking for up to four vehicles. The approximately 1,320 sq. ft. unfinished basement provides substantial storage today and excellent potential for future recreation, living, fitness, office, or entertainment space. The location is another major advantage, with Alton Village Public School, St. Anne Catholic Elementary School, Dr. Frank J. Hayden Secondary School, and the Alton Community Centre all nearby. Parks, recreation facilities, shopping, restaurants, and everyday amenities are also within easy reach, making this an exceptionally convenient setting for family living. Future potential for close to 4,000 sq. ft. of finished living space once the basement is completed, all in one of Burlington's most desirable family-oriented communities. Some Photos are Virtually Staged.

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nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$7,980
Lot Size46 ft x 85.45 ft
mls© NumberW13704044
Listed ByAKARAT GROUP INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,575
Property tax
$665
Heat allowance
$150
Housing costs
$8,390 / mo

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

Down payment20% · $296,000
25-yr amortization

Income needed

$258,000

gross annual household income

Payment at 4%
$6,228 / mo
Cash down
$296,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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