5040 Mount Nemo Crescent, Burlington, ON
Rural Burlington, Burlington · MLS® W13010086
About this home
POWER OF SALE Opportunity - Luxury Estate Living in Prestigious Rural Burlington. An exceptional opportunity to acquire a grand custom-built estate set on over one acre of private, lushly landscaped grounds, surrounded by exclusive multi-million dollar residences in one of Burlington's most coveted rural settings. Positioned behind modern security gates, this striking stone and stucco mansion offers approximately 6,000 square feet of luxurious living space, defined by expansive windows, soaring ceiling heights, and impeccable craftsmanship. A private elevator services all three levels, enhancing convenience. Designed for seamless living and entertaining, the main level showcases an elegant open-concept layout with principal rooms, coffered ceilings, designer lighting, and integrated built-in speakers. The gourmet kitchen is a true showpiece, featuring a dramatic waterfall quartz island, premium Dacor built-in appliances, and extensive custom cabinetry. The main floor primary suite delivers a private retreat experience, complete with a gas fireplace, spacious walk-in closet, direct access to the backyard terrace, and a spa-like 5-piece ensuite. The upper level offers three generously sized bedrooms, each appointed with walk-in closets and private ensuites, along with a hidden bonus space-ideal as a media lounge, playroom, or additional living area. The fully finished lower level extends the home's luxury appeal with a dedicated theatre room, executive office, and expansive recreation area. Outdoors, the property transforms into a resort-style oasis featuring a saltwater pool, professionally landscaped grounds, and entertaining areas designed for relaxation. Additional highlights include a heated detached three-car garage with 12-foot ceilings, a sophisticated Control4 smart home system, and the rare convenience of three separate kitchens.Offered under Power of Sale
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- W13010086
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 6 (2 half)
- Size
- 3500-5000
- Lot
- 220.53 × 206.7 ft
- Cross streets
- Guelph Line/Side Rd 2
- Parking
- 5 garage · 20 parking (attached)
- Driveway
- Private
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster), Stone
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Pool
- On Ground
- Property tax
- $17,090 / 2026
- Days on market
- 92
- Listing brokerage
- GET SOLD REALTY INC.
Rooms
walk-out · vaulted ceiling(s)
Hardwood Floor
hardwood floor · walk-in closet(s)
centre island · b/i appliances · porcelain floor
5 pc ensuite · w/o to balcony · hardwood floor
hardwood floor · window floor to ceiling · open concept
porcelain floor · built-in speakers
gas fireplace · coffered ceiling(s) · built-in speakers
combined w/kitchen · walk-out · built-in speakers
open concept · coffered ceiling(s) · built-in speakers
Hardwood Floor
Listed at $3,799,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. 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 21 similar homes nearby, adjusted for size, beds, and baths.Median of 21 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $4.42M, a close match.
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 $3.00M
- Bedrooms −$30K
- Adjusts to $2.97M
That comparable adjusts to $2.97M; the $4.23M estimate above is the median of all 21 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 51-minute walk away. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $4.23M, median of 21 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.
- 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.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Open-concept layout: modern, sought-after flow.
- Value driver
- Weigh carefully
- Worth verifying
- Lifestyle
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 18% below the area average of $1,086/sqft.
82 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 4.1 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 $3,039,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $16,218
- Property tax
- $1,424
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $17,642
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $81,450
- Estimated closing costs
- $81,450
Plus your down payment of $759,800. 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
- $973,098
- Principal paid down
- $387,043
- Interest paid
- $586,055
- Balance remaining
- $2,652,157
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 GET SOLD REALTY INC.. MLS®/PropTx.