3423 Lakeshore Road, Burlington, ON
Roseland, Burlington · MLS® W12883920
About this home
The Dan Cooper Group is proud to present an extraordinary redevelopment opportunity at 3423 Lakeshore Road in Burlington - a rare chance to create a truly spectacular custom residence in one of the city's most prestigious and sought-after locations. Situated on a prime 65' x 120' lot, this exceptional property includes complete architectural plans prepared by DA Design Inc. of Mississauga for a stunning 4,000 square foot modern luxury residence. The thoughtfully designed concept showcases sophisticated contemporary architecture, expansive living spaces, and the potential for seamless indoor-outdoor living just moments from the lake. The project is already well underway in the pre-permit stage, with grading and forestry approvals secured and zoning currently under review, providing buyers with a valuable head start toward bringing this remarkable vision to life. Perfectly positioned along prestigious Lakeshore Road, the property is just steps from the shores of Lake Ontario and minutes from the vibrant downtown Burlington core. Enjoy an exceptional lifestyle surrounded by waterfront trails, parks, boutique shops, renowned restaurants, and the charm of one of the region's most desirable lakefront communities. This is a rare and exciting opportunity for builders, investors, or end-users to secure a premium lot with plans already in motion in a location where opportunities like this are few and far between. Create your dream home. Build something truly extraordinary. As an added opportunity, the neighbouring property at 3425 Lakeshore Road may also be available. If acquired together, the two parcels would offer an impressive 130' frontage by 120' depth, presenting a rare chance to assemble a larger redevelopment site in Roseland, one of Burlington's most prestigious neighbourhoods.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W12883920
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 3 (2 half)
- Size
- 1100-1500
- Lot
- 65 × 120 ft
- Cross streets
- Lakeshore Road - west of Walkers Line
- Parking
- 1 garage · 4 parking (attached)
- Driveway
- Private
- Basement
- Full, Partially Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,336 / 2025
- Days on market
- 125
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rooms
2 Pc Bath
3 Pc Ensuite
fireplace · vaulted ceiling(s)
3 pc ensuite · vaulted ceiling(s)
pot lights · skylight · vaulted ceiling(s)
2 Pc Bath
french doors · vaulted ceiling(s)
double sink · pot lights · skylight
Listed at $1,298,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Roseland, so I widened the search to the surrounding area.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.63M, a bit higher.
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 $1.40M
- Bedrooms −$30K
- Bathrooms +$15K
- Adjusts to $1.38M
That comparable adjusts to $1.38M; the $1.38M estimate above is the median of all 7 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. New at Guildwood is about a 11-minute walk away.
Total price vs nearby homes. Fair value about $1.38M, median of 7 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.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Development potential: upside only if zoning permits, verify with the city before relying on it.
- Value driver
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 13% below the area average of $1,152/sqft.
115 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
Somewhat 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.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: New at Guildwood, about 902 m 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 $1,038,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,541
- Property tax
- $611
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,153
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,435
- Estimated closing costs
- $22,435
Plus your down payment of $259,600. 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
- $332,477
- Principal paid down
- $132,240
- Interest paid
- $200,237
- Balance remaining
- $906,160
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 ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.