458 Elwood Road, Burlington, ON
Roseland, Burlington · MLS® W12445508
About this home
Whether you're looking to renovate or enjoy as-is, the bones are strong, the layout is functional, and the potential is limitless. A full-acre oasis with a home that features a large, open kitchen, expansive living areas, and a huge yard perfect for outdoor play, gardening, or entertaining. Complete seclusion from neighbors ensures a private, serene lifestyle while still being steps away from parks, walking/riding trails, GO stations, highways, schools, shopping, and Lake Ontario. Backing onto a peaceful creek, the property combines tranquility with convenience, offering an ideal balance of space and location. For hobbyists, car enthusiasts, or entrepreneurs, a 2,200+ sq ft wired shop with 220V power provides endless possibilities-store boats, cars, ATVs, or even run a home-based business. The immense detached garage adds even more flexibility for projects or storage. This property is not just land-it's a canvas for your lifestyle, offering freedom, room to grow, and a chance to create a home that fits your vision. Imagine children exploring the creek, family gatherings in the yard, and summer evenings around the fire pit. Here, the possibilities are as strong as the acre itself. A rare opportunity in Burlington: space, freedom, and endless potential. Don't just dream it-own it. See It today!
Key facts
- Property type
- Detached, Bungalow-Raised
- MLS®
- W12445508
- Bedrooms
- 5 (3 + 2)
- Bathrooms
- 3 (1 half)
- Size
- 1100-1500
- Lot
- 170 × 275 ft
- Cross streets
- New Street
- Parking
- 7 garage · 17 parking (attached)
- Driveway
- Front Yard Parking
- Basement
- Finished, Full
- Kitchens
- 2 (1 + 1)
- Heating
- Other
- A/C
- None
- Exterior
- Aluminum Siding, Metal/Steel Siding
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,075 / 2025
- Days on market
- 286
- Listing brokerage
- KELLER WILLIAMS EDGE REALTY
Rooms
2 Pc Ensuite
Combined w/Office
Dry Bar
3 Pc Bath
Listed at $1,399,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
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 16 similar homes nearby, adjusted for size, beds, and baths.Median of 16 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.96M, higher than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $970K
- Bathrooms +$15K
- Adjusts to $985K
That comparable adjusts to $985K; the $1.21M estimate above is the median of all 16 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. Transit is limited nearby. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $1.21M, median of 16 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Value driver
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 24% above the area average of $870/sqft.
276 days longer than the Burlington average (10 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Roseland, Burlington, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,119,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,972
- Property tax
- $756
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,729
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $24,455
- Estimated closing costs
- $24,455
Plus your down payment of $279,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $358,348
- Principal paid down
- $142,530
- Interest paid
- $215,818
- Balance remaining
- $976,670
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS EDGE REALTY. MLS®/PropTx.