Sold for:Sold Feb 22, 2025
$1,075,000

1543 Riley Avenue

Burlington (Palmer), ON L7M 3E9

Detached House SoldNot available

This home has sold. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for 1543 Riley Avenue, Burlington, Palmer

2025-01-16
2025-02-22
Sold
Price
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MLS#
w11927208

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 1543 Riley Avenue, Burlington, Palmer

Breathtaking ravine views! Welcome to 1543 Riley Ave, set on a majestic lot spanning, up to almost 150 feet deep, in areas while backing onto a conservation woodlot ravine. Be welcomed home by the exceptional curb appeal from this 3 bed 2.5 bath 2 storey detached home featuring a beautifully patterned concrete walkway. Inside you will find elegant hardwood floors offering a blend of classic charm with fresh contemporary colours. The bright combined living & dining rooms, accented by crown moulding, offer a warm atmosphere perfect for entertaining family & friends. The open-concept kitchen with granite countertops & centre island with breakfast bar seamlessly connects to the sunken family room offering breathtaking ravine views & access to the back deck & expansive backyard with perennial gardens. Upstairs, 3 generously sized bedrooms all adorning hardwood floors share a beautifully updated 5-piece main bath. The fully finished basement includes a huge rec room with bonus supplementary baseboard heaters & above grade windows flooding it with natural light. Adding to the living space is a flexible office/gym (set up as bedroom, no window but closet), laundry/utility room, & a 4-piece bath. This home masterfully combines comfort, space without the waste, & natural beauty all within steps to shopping, schools, parks, trails & morean opportunity you wont want to miss!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,205
Land Transfer Tax Fee
$17,975

Rental Items

Rental Equipment
Hot Water Heater
Under Contract
Hot Water Heater

Basement Type
Finished, Full

Interior Features

Laundry Level
Lower Level
Interior Extras
Carpet Free
View
Creek/Stream, Forest, Trees/Woods
Security Features
Carbon Monoxide Detectors, Smoke Detector
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Backs On Green Belt, Deck, Landscaped, Privacy
Pool
None
Property Features
Greenbelt/Conservation, Library, Park, Public Transit, Ravine, Rec./Commun.Centre

Building

Building Type
Detached
Building Style
2-Storey

Construction

Exterior Finish
Aluminum Siding, Brick
Roof
Asphalt Shingle
Foundation Details
Concrete, Poured Concrete
Special Designation
Unknown

Lot

Lot Front
31.03 ft
Lot Depth
120.44 ft
Lot Shape
Irregular

Inclusions

Inclusions
All existing appliances including: fridge, stove, washer & dryer. All light fixtures & window coverings. Garage door opener with remote.

Exclusions

Exclusions
None

Parking & Garages

Garage Type
Attached
Garage Spaces
1
Parking Spaces
2
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
3
Washrooms
3
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Living Room—
    Ground level, Combined w/Dining, Hardwood Floor, Crown Moulding
  • Dining Room—
    Ground level, Combined w/Living, Hardwood Floor, Overlooks Ravine
  • Kitchen—
    Ground level, Centre Island, Granite Counters, Open Concept
  • Family Room—
    Ground level, Sunken Room, Hardwood Floor, Overlooks Ravine
  • Primary Bedroom—
    Second level, Closet, Hardwood Floor
  • Bedroom 2—
    Second level, Closet, Hardwood Floor
  • Bedroom 3—
    Second level, Closet, Hardwood Floor
  • Recreation—
    Basement level, Above Grade Window, Closet
  • Office—
    Basement level, Closet
  • Laundry—
    Basement level, Tile Floor, Laundry Sink, Above Grade Window

Washrooms

  • 2-piece, Ground
  • 5-piece, Second
  • 4-piece, Basement

Municipality
Burlington
Neighbourhood
Palmer
Main cross streets
Walkers Line to Palmer

MLS® number
W11927208
Data source
Toronto Regional Real Estate Board
Status change
2025-02-22
Listed on
2025-01-16
Days on market
37 days
Possession type
To Be Arranged
Co-op commission
2% ** See Realtor Remarks**
Seller
Listed by
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Home Market Value

Current home valuation for 1543 Riley Avenue, Burlington, Palmer, Burlington, ON. Listed for $1,075,000

HOMEH Estimate

?

$966,565

Estimated Sales Range

?

$763,586 - $1,169,544

HOMEH Estimate for 1543 Riley Avenue, Burlington, Palmer

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$966,565Medium confidence
Based on 3 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

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Burlington, ON
Minimum Down Payment Required:7.7%

5% on first $500K + 10% on $575,000 over $500K

Minimum down payment

$82,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
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%
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%
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+CMHC insurance
$39,689$29,993$25,585$0
=Total mortgage
$1,031,914$997,493$939,335$860,000
Amortization
Mortgage rate
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%
%
%
Payment frequency
=Mortgage payment
$5,038monthly$4,870monthly$4,586monthly$4,199monthly
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Land Transfer Tax

Provincial

$17,975

Total Land Transfer Tax

$17,975

Around this home

61/100Somewhat Walkable
0/100Minimal Transit
30/100Somewhat Bikeable
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