868 Danforth Place, Burlington, ON
Bayview, Burlington · MLS® W12898926
About this home
A rare waterfront setting in Burlington where land, water, and everyday living come together in a way that feels both natural and hard to find. Set on nearly half an acre with over 130 feet of shoreline and riparian rights, this home sits elevated above the bay with wide open views and a sense of space that immediately sets it apart. It feels quiet here, yet you're still just minutes from everything you need. From the street, the home stays tucked away. As you make your way toward the water, it opens up around you. The view stretches out, the air changes, and the setting takes over. A standout feature is the hidden waterfront trail extending nearly half a kilometer along the shoreline, accessed directly from the property. It becomes part of your daily routine. Morning walks, runs along the water, or simply stepping out to reset. Life here naturally moves outdoors. Layered decks overlook the bay, creating space to gather, unwind, and take in the view. Mornings start quietly by the water. Afternoons bring time outside on the water or around the shores. Evenings slow down with sunsets and the occasional glow of fireworks across the harbour. Inside, the home spans three levels, each offering its own view of the water. The layout provides flexibility for living, working, and hosting, with a natural separation between spaces. Every season brings something different. Summer is active on the water. Fall brings quiet shoreline walks. Winter offers stillness and skating on colder days. Spring brings everything back to life. The Hidden Shore invites you outside, connects you to the water, and creates a lifestyle that's hard to replicate. It's a property you don't just live in. It's one you experience every day.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- W12898926
- Bedrooms
- 5 (1 + 4)
- Bathrooms
- 4 (1 half)
- Size
- 3500-5000
- Lot
- 27 × 227 ft
- Cross streets
- Hendrie Ave
- Parking
- 5 parking
- Driveway
- Private Double
- Basement
- Finished with Walk-Out, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Stucco (Plaster)
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $10,979 / 2025
- Days on market
- 120
- Listing brokerage
- REAL BROKER ONTARIO LTD.
Rooms
Fireplace
Fireplace
Walk-In Closet(s)
Listed at $2,495,000, this home is tracking about 32% 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 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.52M, 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 $3.65M
- Bathrooms −$15K
- Adjusts to $3.63M
That comparable adjusts to $3.63M; the $3.69M estimate above is the median of all 5 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. Holy Sepulchre Cemetery East is about a 6-minute walk away.
Total price vs nearby homes. Fair value about $3.69M, median of 5 comparables.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 39% below the area average of $964/sqft.
110 days longer than the Burlington average (10 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Bayview, 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: Holy Sepulchre Cemetery East, about 513 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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $1,996,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,651
- Property tax
- $915
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,566
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $48,850
- Estimated closing costs
- $48,850
Plus your down payment of $499,000. 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
- $639,084
- Principal paid down
- $254,191
- Interest paid
- $384,893
- Balance remaining
- $1,741,809
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
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 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 REAL BROKER ONTARIO LTD.. MLS®/PropTx.