2284 SIDEROAD 1, Burlington, ON

Rural Burlington, Burlington · MLS® W12435390

$4,695,000
For Sale
Listed 290 days ago
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5Bedrooms
8Bathrooms
2Garage · 22 parking
3500-5000Sq Ft

About this home

Incredible one year old modern home. 4650 sq ft of above grade living space, with 1700 sg ft finished walk up basement. Enjoy the beautiful views of the Escarpment and Lake Ontario, backing on to the Bruce trail and farm land. Five bedrooms all with ensuites, a Nanny suite with separate entrance. Three extra powder rooms (total. 8 bathrooms, 5 bedrooms) for convenience. Take in beautiful sunrises from the east and watch breathtaking sunsets in the west. from this one acre lot. This home has been designed with ease of living, allowing 22 parking spots on this one acre lot. The back yard has plenty of space to design your own oasis. Convenient country living on Burlington's prestigious #1 sideroad, only minutes away from all amenities. Luxury Certified.

Key facts

Property type
Detached, 2-Storey
MLS®
W12435390
Bedrooms
5
Bathrooms
8 (4 half)
Size
3500-5000
Lot
100 × 435 ft
Cross streets
Guelph Line north of Dundas, turn west on #1 sideroad
Parking
2 garage · 22 parking (built-in)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Foundation
Concrete
Roof
Asphalt Shingle, Flat
Sewer
Septic
Property tax
$10,595 / 2025
Days on market
290
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

BreakfastMain2.74 × 2.44 m

W/O To Sundeck

Bedroom 4Second4.27 × 3.96 m

3 Pc Ensuite

Primary BedroomSecond5.79 × 4.57 m

5 Pc Ensuite

PantryMain2.74 × 2.44 m

Hardwood Floor

Bedroom 3Second3.96 × 3.96 m

3 Pc Ensuite

OfficeMain4.27 × 3.96 m

W/O To Deck

Living RoomMain6.10 × 5.49 m

fireplace · sliding doors

FoyerMain5.49 × 3.05 m

Tile Floor

KitchenMain4.27 × 3.05 m

b/i dishwasher · backsplash

Bedroom 2Second4.27 × 3.96 m

3 Pc Ensuite

Dining RoomMain4.27 × 3.05 m

NS View

Moe’s TakeTeam Asgarian · Broker
Above the wider set
$4.21Mest. value

Listed at $4,695,000, this home is tracking about 11% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($1,105/sqft) is below the area, so you are paying for extra space rather than a premium.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.68M, lower than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $3.00M
  • Bedrooms −$30K
  • Bathrooms +$30K
  • Adjusts to $3.00M

That comparable adjusts to $3.00M; the $4.21M estimate above is the median of all 8 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, this is a more car-dependent spot, so buyers here typically drive. Guelph at Dundas is about a 28-minute walk away. Worth weighing if transit access matters to you.

List price
$4.04MGreat deal$4.70MOverpriced

Total price vs nearby homes. Fair value about $4.21M, median of 8 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Income potential
  • Weigh carefully
Comparable listingsCurrently listed nearby in Rural Burlington · asking prices
$4.55Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

2659 2 Sideroad$4.89M2360 8 Side Road$4.30M5040 Mount Nemo Crescent$3.80M1670 Medad Springs Court$2.98M3205 Highpoint Court$6.80M

The 5 closest of 8 active listings nearby.

See all comparable homes
4.70MThis home4.89M4.30M3.80M2.98M6.80MThis home vs active comparables
Live market pulseActive comparables in Rural Burlington · median list $4.30M
$1,105this home / sqft
9active listings nearby
290days on market

This home lists 7% below the area average of $1,184/sqft.

280 days longer than the Burlington average (10 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Rural Burlington, Burlington, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

3/ 100

Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Almost all errands require a car.

🚉 Nearest transit: Guelph at Dundas, about 2.2 km away

1 parks

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Brant Hills
$1.08M
Alton
$1.40M
Tyandaga
$2.07M
Rose
$2.01M
Mountainside
$879K

Typical asking price of active listings of the same type, per area (outliers removed). Burlington.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$21,398/mo
$839KIncome needed
5.6×Price ÷ income
$4,938Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

96%mortgage
Mortgage $21,398Property tax $883Total carry $22,281

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$20,043per month

Mortgage amount $3,756,000 · 4.14% over 25 years

$939,000Down payment (20.0%)
$3,756,000Loan before insurance
$0CMHC premium
$20,926Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$20,043
Property tax
$883
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$20,926

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$103,850
Estimated closing costs
$103,850

Plus your down payment of $939,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$24,345/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$2,257,023Total interest paid
$6,013,023Total of all payments
Principal $3,756,000 Interest $2,257,023
YearPrincipalInterestBalance
1$87,990$152,531$3,668,010
2$91,671$148,850$3,576,339
3$95,505$145,016$3,480,834
4$99,500$141,021$3,381,334
5$103,662$136,859$3,277,673
6$107,998$132,523$3,169,675
7$112,515$128,006$3,057,159
8$117,222$123,299$2,939,938
9$122,125$118,396$2,817,813
10$127,233$113,288$2,690,580
11$132,555$107,966$2,558,025
12$138,100$102,421$2,419,925
13$143,876$96,645$2,276,049
14$149,894$90,627$2,126,155
15$156,164$84,357$1,969,991
16$162,696$77,825$1,807,295
17$169,502$71,019$1,637,793
18$176,592$63,929$1,461,202
19$183,978$56,543$1,277,224
20$191,674$48,847$1,085,550
21$199,691$40,830$885,859
22$208,044$32,477$677,815
23$216,746$23,775$461,070
24$225,812$14,709$235,257
25$235,257$5,263$0

At the end of your 5-year term

Total paid over the term
$1,202,605
Principal paid down
$478,327
Interest paid
$724,277
Balance remaining
$3,277,673

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$7,350/mo
$88,200Gross annual rent
1.4%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

1.9%
Gross yield
− Property tax $10,595− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $66,503

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.

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