258 Shoreacres Road, Burlington, ON
Shoreacres, Burlington · MLS® W13045990
About this home
South Burlington! A rare opportunity to secure a sprawling 2,500 sq ft bungalow offering 5,000 sq ft of total living space and set on an exceptional 67 x 262 ft lot, and delivering a combination of scale, setting, and flexibility that is increasingly hard to find. The main floor delivers a well-balanced layout with formal living and dining rooms along with an open concept family room centered around a fireplace and a walkout to an upper patio. From here, the views stretch out over the expansive backyard and pool, grand in scope and offering a sense of space and privacy that is rarely seen. There are 3 bedrooms on the main level, while the lower level adds 3 additional rooms that can easily function as bedrooms, office space, a gym, or guest accommodations depending on your needs. The flow throughout the home is both practical and comfortable, making it easy to live in as is or reimagine over time. Outdoors, the property truly shines with an inground pool, all-day sun exposure, and beautiful sunset views from the back porch and deck, creating an ideal setting for entertaining or quiet evenings. A circular driveway provides parking for 10+ cars, a feature that is both rare and highly functional. The walkout lower level offers an additional 2,500 sq ft of bright, usable space. It includes a recreation room with bar area, additional bedrooms, and direct access to the backyard along with two separate staircases connecting both levels. Perfect for extended family living or multi-functional use. While the home would benefit from updating, the proportions, layout, and lot size provide an outstanding canvas for a buyer with vision. Set within one of the area's most desirable neighbourhoods known for its strong community feel, top-tier schools, proximity to highways and shopping, walking distance to the Lake and Palleta Lakefront Park, this property offers both immediate appeal and long-term potential.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13045990
- Bedrooms
- 6 (3 + 3)
- Bathrooms
- 4
- Size
- 2000-2500
- Lot
- 67.13 × 262.3 ft
- Cross streets
- Lakeshore & Walkers Line
- Parking
- 2 garage · 12 parking (attached)
- Driveway
- Circular Drive, Inside Entry, Private Triple
- Basement
- Finished with Walk-Out, Separate Entrance, Full, Development Potential, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $13,155 / 2025
- Days on market
- 82
- Listing brokerage
- ROYAL LEPAGE REALTY PLUS OAKVILLE
Rooms
5 Pc Bath
bar sink · fireplace
above grade window · double closet
3 Pc Ensuite
above grade window · double closet
3 Pc Bath
B/I Desk
3 pc ensuite · above grade window
Double Closet
Window
breakfast area · window · open concept
separate room · b/i shelves · window
w/o to sundeck · fireplace · combined w/kitchen
w/o to terrace · above grade window · combined w/game
Listed at $2,599,000, this home is tracking about 16% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($1,155/sqft) is below the area, so you are paying for extra space rather than a premium.
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 $3.14M, higher 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 $2.50M
- Bathrooms +$15K
- Adjusts to $2.51M
That comparable adjusts to $2.51M; the $2.25M 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. New at Shoreacres is about a 9-minute walk away.
Total price vs nearby homes. Fair value about $2.25M, 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Open-concept layout: modern, sought-after flow.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Weigh carefully
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 11% below the area average of $1,299/sqft.
72 days longer than the Burlington average (10 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Shoreacres, 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 Shoreacres, about 688 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 $2,079,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,095
- Property tax
- $1,096
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,192
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $51,450
- Estimated closing costs
- $51,450
Plus your down payment of $519,800. 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
- $665,723
- Principal paid down
- $264,787
- Interest paid
- $400,936
- Balance remaining
- $1,814,413
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 ROYAL LEPAGE REALTY PLUS OAKVILLE. MLS®/PropTx.