2462 No 2 Side Road, Burlington, ON
Rural Burlington, Burlington · MLS® W12910420
About this home
Welcome to your private estate in the heart of Rural Burlington. This executive-style bungalow is set on over 2 acres of pristine, professionally landscaped grounds, offering both seclusion and elegance just minutes from city conveniences. Inside, you'll find a thoughtfully designed layout featuring a grand primary suite that feels like a personal retreat - complete with his and hers walk-in closets and an enormous spa-inspired ensuite that rivals a luxury palace, featuring a soaker tub, oversized shower, and elegant finishes. The main floor boasts a bright and sophisticated home office, a spacious laundry room, and a chef's kitchen with upgraded appliances, stone countertops, and ample cabinetry - ideal for entertaining or family gatherings. The open concept living and dining areas are framed by large windows showcasing views of the lush property. Downstairs partially finished basement offers incredible potential - with the potential of a separate entrance, it can easily be transformed into a private in-law or nanny suite, featuring plenty of space for a kitchen, living quarters, and storage. The grounds are impeccably manicured, with mature trees, gardens, and room to add a pool or workshop. Whether you're relaxing on the patio or hosting elegant outdoor events, the property is as functional as it is breathtaking. This is a rare offering of refined rural living - combining space, privacy, and upscale comfort - all just a short drive to Burlington, major highways, golf courses, and conservation areas. Executive bungalows on acreage like this don't come to market often! RSA. Luxury Certified.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W12910420
- Bedrooms
- 4
- Bathrooms
- 3 (1 half)
- Size
- 2500-3000
- Lot
- 116.7 × 990 ft
- Cross streets
- North on Guelph Line to No 2 Side Rd - Turn Left
- Parking
- 3 garage · 13 parking (attached)
- Driveway
- Private Triple
- Basement
- Partially Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Metal/Steel Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Other
- Property tax
- $8,552 / 2025
- Days on market
- 116
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
Listed at $2,849,000, this home is tracking about 5% 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.
Below comparable homes on total price, yet the price per square foot ($1,036/sqft) is in line with the area, which usually points to a smaller or more efficient layout.
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 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.17M, 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 $2.90M
- Adjusts to $2.90M
That comparable adjusts to $2.90M; the $3.01M estimate above is the median of all 8 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. Walkers at Thomas Alton is about a 52-minute walk away. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $3.01M, median of 8 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Income potential
- 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 4% below the area average of $1,082/sqft.
106 days longer than the Burlington average (10 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Rural Burlington, 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: Walkers at Thomas Alton, about 4.2 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
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 $2,279,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,163
- Property tax
- $713
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,875
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $57,700
- Estimated closing costs
- $57,700
Plus your down payment of $569,800. 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
- $729,759
- Principal paid down
- $290,257
- Interest paid
- $439,503
- Balance remaining
- $1,988,943
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 REALTY INC.. MLS®/PropTx.