1412 Old York Road, Burlington, ON
Grindstone, Burlington · MLS® W12771836
About this home
An exceptional 2 acre property within the Burlington city limits offering a rare combination of space privacy and long term potential. This expansive double lot measuring approximately 120 by 728 feet presents outstanding flexibility and is ideal for renovating the existing home building a custom estate or exploring the possibility of future severance. The sprawling backyard opens onto a serene wooded landscape complete with a private forest a gentle stream and a natural clearing creating a peaceful retreat that feels far removed from the city. Enjoy the charm of country style living while remaining just minutes from Burlington shops restaurants and convenient highway access. Properties of this size and setting are rarely available making this a truly special opportunity that is private picturesque and full of potential.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W12771836
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 700 sq ft
- Lot
- 120 × 728 ft
- Cross streets
- Plains Road W
- Parking
- 1 garage · 5 parking (detached)
- Driveway
- Private
- Basement
- Full, Partial Basement
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Metal/Steel Siding
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Property tax
- $5,256 / 2025
- Days on market
- 158
- Listing brokerage
- RE/MAX ESCARPMENT GOLFI REALTY INC.
Rooms
3 Pc Bath
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairOn location, this is a more car-dependent spot, so buyers here typically drive. PLAINS opposite SPRING GARDENS is about a 16-minute walk away. Worth weighing if transit access matters to you.
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.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Value driver
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 homes148 days longer than the Burlington average (10 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Grindstone, 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.
🚉 Nearest transit: PLAINS opposite SPRING GARDENS, about 1.2 km away
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 $880,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,696
- Property tax
- $438
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,134
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,475
- Estimated closing costs
- $18,475
Plus your down payment of $220,000. 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
- $281,760
- Principal paid down
- $112,068
- Interest paid
- $169,692
- Balance remaining
- $767,932
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 RE/MAX ESCARPMENT GOLFI REALTY INC.. MLS®/PropTx.