506 Regina Drive, Burlington, ON L7S 1L6
Listed by Deborah Ann Brown • RE/MAX Escarpment Realty Inc.
506 Regina Drive , Burlington, ON L7S 1L6
$ 1,299,900
Bed Rooms
2
Bath Rooms
2
SqFt
1,840
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Year Built
2004
ON MARKET
1
Property Type
Single Family Home
Price per Sqft
$706
Car Garage
2.0
Open House
Thu Oct 15, 10:00am - 12:00pm
Property Details
Key Details
Sub Type
Detached
Listing Status
Active
Purchase Type
For Sale
Square Footage
1,840 sqft
MLS Listing ID
40870615
Style
Bungalow
Bedrooms
2
Full Baths
2
Abv Grd Liv Area
1,840
Annual Tax Amount
$8,011
Property Sub-Type
Detached
Source
Cornerstone
Location
Province
ON
County
Halton
Area
31 - Burlington
Zoning
LN5
Direction
Lakeshore Road, north on Maple Avenue, turn left on Lockhart Road and left on Regina Drive.
Rooms
Basement
Full, Unfinished, Sump Pump
Main Level Bedrooms
2
Kitchen
1
Interior
Interior Features
Central Vacuum, Auto Garage Door Remote(s), In-law Capability
Heating
Forced Air, Natural Gas
Cooling
Central Air
Fireplaces Number
1
Fireplaces Type
Living Room, Gas
Fireplace
Yes
Window Features
Window Coverings
Appliance
Built-in Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer
Laundry
Main Level, Sink
Exterior
Exterior Feature
Awning(s), Landscape Lighting, Landscaped, Lawn Sprinkler System
Parking Features
Attached Garage, Garage Door Opener
Waterfront Description
Lake/Pond
Roof Type
Asphalt Shing
Porch
Patio, Enclosed
Lot Frontage
63.35
Lot Depth
114.99
Garage
Yes
Building
Lot Description
Urban, Ample Parking, Arts Centre, Beach, Cul-De-Sac, City Lot, Near Golf Course, Hospital, Landscaped, Park, Place of Worship, Playground Nearby, Public Parking, Public Transit, Quiet Area, School Bus Route, Schools
Faces
Lakeshore Road, north on Maple Avenue, turn left on Lockhart Road and left on Regina Drive.
Foundation
Poured Concrete
Sewer
Sewer (Municipal)
Water
Municipal
Architectural Style
Bungalow
Level or Stories
1
Structure Type
Brick,Stone
New Construction
No
Others
Senior Community
No
Tax ID
070840460
Ownership
Freehold/None
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.

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506 Regina Drive

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