2101 Parkway Drive, Burlington, ON

Mountainside, Burlington · MLS® W12883826

$1,250,000
For Sale
Listed 125 days ago
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4Bedrooms
2Bathrooms
2Garage · 5 parking
1500-2000Sq Ft

About this home

**Welcome to 2101 Parkway Drive - where turnkey modern living meets ultimate family flexibility.**. Set on a prized, oversized corner lot in a highly sought-after Burlington neighbourhood, this beautifully updated bungalow is entirely move-in ready. Whether you are looking for a spacious family home, a multi-generational setup, or an incredible in-law suite, this property delivers on every front.The bright, open-concept main floor features brilliant pot lighting, premium finishes, and large windows that flood the space with natural light. Step outside to your sun-drenched verandah-the perfect backdrop for morning coffees and summer BBQs.The true hidden gem of this property is the fully finished lower level. Featuring a complete second kitchen, a spacious living area, and a private layout, it is an absolute dream for extended family, older children, or visiting guests. **Standout Features:** * **Massive 4-Car Driveway:** Never worry about street parking when hosting summer gatherings. * **Mechanical Peace of Mind:** Stay cool all summer with a brand-new 2025 Air Conditioning unit, plus updated appliances throughout. * **Unbeatable Location:** Commuter-friendly with lightning-fast access to the QEW, 407, local transit, top-rated schools, and Burlington's best shopping.This isn't just a house; it's a home designed to adapt to your family's evolving needs. Don't miss your chance to secure this rare find before the summer is over.

Key facts

Property type
Detached, Bungalow-Raised
MLS®
W12883826
Bedrooms
4 (3 + 1)
Bathrooms
2
Size
1500-2000
Lot
104.21 × 128.32 ft
Cross streets
Brant & Bluefields Dr
Parking
2 garage · 5 parking (attached)
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front, Board & Batten
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,082 / 2025
Days on market
125
Listing brokerage
iCloud Realty Ltd.

Rooms

BathroomLower2.00 × 1.60 m
Bedroom 2Main3.47 × 3.22 m

Hardwood Floor

BedroomLower4.19 × 3.03 m

laminate · overlooks frontyard

Bedroom 3Main3.05 × 3.02 m

Hardwood Floor

Family RoomLower5.79 × 3.91 m

laminate · combined w/dining

Dining RoomMain4.06 × 3.05 m

hardwood floor · crown moulding

KitchenMain4.08 × 3.73 m

granite counters · marble floor · backsplash

Primary BedroomMain4.54 × 3.32 m

Hardwood Floor

Dining RoomLower4.97 × 4.52 m

Laminate

Living RoomMain5.89 × 4.04 m

hardwood floor · crown moulding · bow window

BathroomMain2.20 × 2.00 m
Moe’s TakeTeam Asgarian · Broker
Below the wider set
$1.44Mest. value

Listed at $1,250,000, this home is tracking about 13% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. 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 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.16M, a bit lower.

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 $890K
  • Size difference +$369K
  • Bedrooms +$30K
  • Adjusts to $1.29M

That comparable adjusts to $1.29M; the $1.44M estimate above is the median of all 12 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Brant at Amherst Heights is about a 5-minute walk away.

List price
$1.25MGreat deal$1.54MOverpriced

Total price vs nearby homes. Fair value about $1.44M, median of 12 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.

  • Open-concept layout: modern, sought-after flow.
  • Corner lot: more light and frontage, sometimes at the cost of privacy.
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$1.52Mavg asking

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

534 Rosedale Crescent$1.15M554 Chamberlain Road$1.35M5425 Winston Road$1.38M560 CRANE Court$2.20M

The 4 closest active listings nearby.

See all comparable homes
1.25MThis home1.15M1.35M1.38M2.20MThis home vs active comparables
Live market pulseActive comparables in Mountainside · median list $890K
$714this home / sqft
12active listings nearby
125days on market

This home lists 16% below the area average of $854/sqft.

115 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

Mountainside, 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

66/ 100

WalkableA 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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Brant at Amherst Heights, about 398 m away

20+ transit stops2 grocery20+ dining13 parks6 pharmacies

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.

Tyandaga
$2.07M
Brant Hills
$1.08M
Palmer
$1.30M
Brant
$1.43M
LaSalle
$1.19M

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
$5,697/mo
$236KIncome needed
5.3×Price ÷ income
$1,315Weekly 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.

92%mortgage
Mortgage $5,697Property tax $507Total carry $6,204

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%
$
%
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)
$5,336per month

Mortgage amount $1,000,000 · 4.14% over 25 years

$250,000Down payment (20.0%)
$1,000,000Loan before insurance
$0CMHC premium
$5,843Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,336
Property tax
$507
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,843

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

One-time closing costs

Ontario land transfer tax
$21,475
Estimated closing costs
$21,475

Plus your down payment of $250,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,482/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

$600,911Total interest paid
$1,600,911Total of all payments
Principal $1,000,000 Interest $600,911
YearPrincipalInterestBalance
1$23,427$40,610$976,573
2$24,406$39,630$952,167
3$25,427$38,609$926,740
4$26,491$37,546$900,249
5$27,599$36,437$872,650
6$28,753$35,283$843,896
7$29,956$34,080$813,940
8$31,209$32,827$782,731
9$32,515$31,522$750,216
10$33,875$30,162$716,342
11$35,292$28,745$681,050
12$36,768$27,269$644,283
13$38,306$25,731$605,977
14$39,908$24,129$566,069
15$41,577$22,459$524,492
16$43,316$20,720$481,175
17$45,128$18,908$436,047
18$47,016$17,021$389,031
19$48,982$15,054$340,049
20$51,031$13,005$289,018
21$53,166$10,871$235,852
22$55,390$8,647$180,462
23$57,707$6,330$122,755
24$60,120$3,916$62,635
25$62,635$1,401$0

At the end of your 5-year term

Total paid over the term
$320,182
Principal paid down
$127,350
Interest paid
$192,832
Balance remaining
$872,650

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$3,150/mo
$37,800Gross annual rent
2.1%Est. cap rate

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.

3.0%
Gross yield
− Property tax $6,082− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,160

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of iCloud Realty Ltd.. MLS®/PropTx.

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