2116 Caroline Street, Burlington, ON L7R 1L8
Listed by Drew Woolcott • RE/MAX Escarpment Realty Inc.
2116 Caroline Street , Burlington, ON L7R 1L8
$ 1,499,000
Bed Rooms
5
Bath Rooms
3
SqFt
2,377
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Request Showing
Virtual Tour
48 photos
Highlight
Year Built
1925
Days of On-Site Use
--
Property Type
Single Family Home
Price per Sqft
$630
Car Garage
--
Open House
Sun Aug 23, 2:00pm - 4:00pm
Property Details
Key Details
Sub Type
Detached
Listing Status
Active
Purchase Type
For Sale
Square Footage
2,377 sqft
MLS Listing ID
40857055
Bedrooms
5
Full Baths
2
Half Baths
1
Abv Grd Liv Area
2,377
Annual Tax Amount
$5,828
Property Sub-Type
Detached
Source
Cornerstone
Location
Province
ON
County
Halton
Area
31 - Burlington
Zoning
R3.2
Direction
Brant St to Caroline St - before Holtby Ave
Rooms
Basement
Walk-Up Access, Full, Finished
Bedroom 2
3
Bedroom 3
1
Kitchen
1
Interior
Interior Features
Ceiling Fan(s), In-law Capability
Heating
Forced Air, Natural Gas, Heat Pump
Cooling
Central Air
Fireplaces Number
2
Fireplaces Type
Family Room, Gas
Fireplace
Yes
Appliance
Water Heater Owned, Dishwasher, Dryer, Gas Oven/Range, Hot Water Tank Owned, Range Hood, Refrigerator, Washer, Wine Cooler
Laundry
In Basement, Lower Level
Exterior
Exterior Feature
Landscape Lighting, Lawn Sprinkler System, Privacy
Parking Features
Asphalt
Roof Type
Asphalt Shing
Street Surface
Paved
Porch
Deck
Lot Frontage
40.0
Lot Depth
110.0
Garage
No
Building
Lot Description
Urban, Rectangular, City Lot, Hospital, Library, Park, Place of Worship, Public Transit
Faces
Brant St to Caroline St - before Holtby Ave
Foundation
Concrete Block
Sewer
Sewer (Municipal)
Water
Municipal
Level or Stories
2
Structure Type
Brick,Wood Siding
New Construction
No
Others
Senior Community
No
Tax ID
070660007
Ownership
Freehold/None
Virtual Tour
https://listings.monstermediahouse.com/videos/019dd94a-1423-70d9-a7a8-6a5f9ef06a28
Copyright 2026 Information Technology Systems Ontario, Inc.
Residential financing tool — Navjot Singh

Residential mortgage & income qualification calculator

Ontario rules: minimum down payment tiers, CMHC/Sagen/Canada Guaranty insurance premiums, the federal stress test, GDS/TDS limits, and Ontario/Toronto land transfer tax. Enter the deal, see what income is required to qualify.

Purchase & mortgage inputs

Minimum required for this price: 5% on the first $500,000, 10% on the remainder.
Only 50% of condo fees count toward GDS/TDS.
Car loans, credit cards, student loans, other credit obligations.
Enter this to check pass/fail against required income. Leave at 0 to just see what's required.
Legal fees, title insurance, home inspection, adjustments.

Qualification & closing costs

Conventional (uninsured)
Loan amount
$0
Total mortgage (incl. premium)
$0
Monthly payment (contract rate)
$0
Monthly qualifying payment
$0
Stress-test qualifying rate (MQR)0.00%
GDS ratio (at qualifying rate)0.0%
TDS ratio (at qualifying rate)0.0%
Insurance premium rate—
Insurance premium$0
Ontario PST on premium (8%, cash)$0
Ontario land transfer tax$0
Ontario first-time buyer rebate$0
Toronto municipal land transfer tax$0
Toronto first-time buyer rebate$0
Total cash needed to close$0
For information purposes only. This calculator reflects publicly available federal and Ontario mortgage rules as of mid-2026 and does not constitute financial, legal, tax or mortgage advice. Confirm current rules and your actual qualification with a licensed mortgage professional or lender before making a decision.
  • Minimum down payment: 5% on the first $500,000, 10% on the portion from $500,000 to $1.5 million. Properties at or above $1.5 million require at least 20% down and cannot be insured.
  • Maximum insured amortization is 25 years, or 30 years if you are a first-time buyer or purchasing a new build. Insured mortgages also require a minimum credit score of 600 and a traditional (non-borrowed) down payment source.
  • The stress test qualifying rate is the greater of your contract rate + 2%, or the 5.25% regulatory floor.
  • GDS (39%) and TDS (44%) are standard insurer guidelines; individual lenders may apply different limits, especially for conventional (uninsured) mortgages.
  • Land transfer tax figures use current Ontario and Toronto marginal rate schedules and standard first-time buyer rebates. Other municipalities in Ontario do not currently levy a municipal land transfer tax.
Prepared by Navjot Singh.

Nearby Locations

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2116 Caroline Street

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Navjot Singh

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