172 Burgundy Drive, Oakville, ON

Morrison, Oakville · MLS® W13050914

$6,459,000
For Sale
Listed 81 days ago
Request a showing
◎ Directions
5Bedrooms
8Bathrooms
2Garage · 22 parking
3500-5000Sq Ft

About this home

This Incredibly Keeren Designed Home Built In 2022! Located In Prestigious Eastlake Neighbourhood. This Home Boasts Approx.6300sf Luxury Living Space! Featuring Top-Notch Architectural Refinements With 4+1 Bdrms, 8 Baths (6 Full, 2 Half). Exterior Facade And Walk-up Area Built With Indiana Stone From The United States, Pella Windows And Doors, 71/2"*3/4 Grandeur White Oak Colour Engineered Hardwood Floor Through Out.The First Floor Boasts 10' Ceiling, A Double-Height Entry W/A Chandelier Lift/Down/W/A Skylight. Spacious Main Flr Office Perfect For Working From Home. The Great Rm Area Includes A Cozy Gas Fireplace, Breathtaking Views Of the Stunning Backyard Pool. Kitchen Equipped With B/I High-end Wolf Gas Stove & Hood, B/I Miele 30'' Fridge, Freezer, Oven & Micro, 2 B/I Asko Dishwashers And 24" Marvel Wine Fridge. A Lg 60* 91 Centre Island, Marble Calacatta Porceline Countertop And Backsplash, Ample Upper & Lower Cabinetry Space.The Interior Showcases Detailed Trim Work, Plaster Crown Molding, A Motorized Blinds System On Main Flr And Master Bdrm, Heated Floors In The Basement And All Ensuite Upstairs. Massive Windows Flooding Every Space With Light. The 2nd Floor Offers 4 Luxurious Bdrms, Each With Its Own Ensuite And W.I.C. Primary Bdrm W/A Lg Dress Rm W/A Skylight & Elegant 5pc Ensuite. The Residence Is Further Equipped With 2 Carrier Air Conditioning Units and 2 Furnaces W/Humidifiers. The Basement Includes A Guest Bdrm W/Ensuite, Rec, Home Theatre, Gym & Glass-enclosed Wine Rm. Designed Landscaping At Front & Backyard. The Fully Fenced Rear Yard Is A True Oasis W/Salterwater Pool W/Waterfall, An Outdoor Covered Porch W/Stone Gas Fireplace & BBQ Area. Irrigation System, Security System W/HD Outdoor Cameras, An Indoor Sound System And Google Home Automation. Six Routers Allow Network Signal Transmitted Within Entire House. HWT Owned. Walking Distance To Town, Parks & The Lake. OT High School, Maple Grove, Ej James, St. Mildreds, Linbrook, Appleby, Maclachlan.

Key facts

Property type
Detached, 2-Storey
MLS®
W13050914
Bedrooms
5 (4 + 1)
Bathrooms
8 (2 half)
Size
3500-5000
Lot
124 × 122 ft
Cross streets
Lakeshore Rd E & Burgundy Dr
Parking
2 garage · 22 parking (attached)
Basement
Finished, Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster), Stone
Foundation
Concrete
Roof
Asphalt Shingle, Metal
Sewer
Sewer
Pool
Salt, Inground
Property tax
$29,387 / 2025
Days on market
81
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Great RoomMain9.42 × 9.73 m

fireplace · hardwood floor · w/o to yard

KitchenMain4.83 × 5.89 m

b/i appliances · centre island · w/o to porch

Bedroom 2Second4.62 × 4.98 m

3 pc ensuite · hardwood floor · walk-in closet(s)

Dining RoomMain4.47 × 4.98 m

large window · hardwood floor · overlooks frontyard

Media RoomBasement4.52 × 4.88 m

heated floor · built-in speakers

Bedroom 4Second3.96 × 4.27 m

3 pc ensuite · hardwood floor · walk-in closet(s)

LaundrySecond2.72 × 4.57 m

custom counter · large window · tile floor

RecreationBasement9.22 × 5.94 m

custom counter · heated floor · walk-up

Bedroom 3Second4.62 × 4.67 m

4 pc ensuite · hardwood floor · walk-in closet(s)

Mud RoomMain3.56 × 5.49 m

access to garage · pantry · tile floor

Exercise RoomBasement4.67 × 6.55 m

mirrored walls · heated floor

Bedroom 5Basement4.58 × 4.36 m

3 pc ensuite · heated floor · large window

OfficeMain4.47 × 4.37 m

b/i bookcase · hardwood floor · overlooks frontyard

Primary BedroomSecond8.40 × 9.25 m

5 pc ensuite · gas fireplace · walk-in closet(s)

Moe’s TakeTeam Asgarian · Broker
In line
$6.55Mest. value

Listed at $6,459,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $7.09M, 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 $6.25M
  • Bathrooms +$15K
  • Adjusts to $6.26M

That comparable adjusts to $6.26M; the $6.55M estimate above is the median of all 6 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. Morrison Rd + Devon Rd is about a 12-minute walk away.

List price
$6.26MGreat deal$6.80MOverpriced

Total price vs nearby homes. Fair value about $6.55M, median of 6 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.
  • Heated floors: comfort and a premium-finish signal.
  • 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.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Lifestyle
  • Weigh carefully
  • Worth verifying
Comparable listingsCurrently listed nearby in Morrison · asking prices
$6.84Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

112 Elton Park Road$6.50M64 Brentwood Road$7.95M1102 Crestview Street$6.25M138 DIANNE Avenue$5.75M1081 Argyle Drive$7.75M

The 5 closest of 7 active listings nearby.

See all comparable homes
6.46MThis home6.50M7.95M6.25M5.75M7.75MThis home vs active comparables
Live market pulseActive comparables in Morrison · median list $6.40M
$1,520this home / sqft
13active listings nearby
81days on market

This home lists 10% below the area average of $1,687/sqft.

76 days longer than the Oakville average (5 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Morrison, Oakville, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

32/ 100

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: Morrison Rd + Devon Rd, about 925 m away

20+ transit stops1 grocery20+ dining20+ parks4 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Ford
$2.51M
College Park
$1.36M
Southwest
$3.79M
Joshua Creek
$2.27M
River Oaks
$1.60M

Typical asking price of active listings of the same type, per area (outliers removed). Oakville.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$29,438/mo
$1200KIncome needed
5.4×Price ÷ income
$6,793Weekly cost
20% down4.79%25-yr amortization

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.

92%mortgage
Mortgage $29,438Property tax $2,449Total carry $31,887

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$27,574per month

Mortgage amount $5,167,200 · 4.14% over 25 years

$1,291,800Down payment (20.0%)
$5,167,200Loan before insurance
$0CMHC premium
$30,023Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$27,574
Property tax
$2,449
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$30,023

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$147,950
Estimated closing costs
$147,950

Plus your down payment of $1,291,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$33,491/monthPayment at the qualifying rate

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

$3,105,029Total interest paid
$8,272,229Total of all payments
Principal $5,167,200 Interest $3,105,029
YearPrincipalInterestBalance
1$121,050$209,840$5,046,150
2$126,113$204,776$4,920,037
3$131,388$199,501$4,788,649
4$136,884$194,005$4,651,765
5$142,610$188,280$4,509,156
6$148,575$182,315$4,360,581
7$154,789$176,100$4,205,792
8$161,264$169,625$4,044,528
9$168,009$162,880$3,876,519
10$175,037$155,852$3,701,482
11$182,358$148,531$3,519,123
12$189,986$140,903$3,329,137
13$197,933$132,956$3,131,204
14$206,212$124,677$2,924,992
15$214,838$116,051$2,710,154
16$223,824$107,065$2,486,330
17$233,186$97,703$2,253,143
18$242,940$87,949$2,010,203
19$253,102$77,787$1,757,101
20$263,689$67,200$1,493,412
21$274,719$56,170$1,218,693
22$286,210$44,679$932,484
23$298,181$32,708$634,302
24$310,654$20,235$323,648
25$323,648$7,241$0

At the end of your 5-year term

Total paid over the term
$1,654,446
Principal paid down
$658,044
Interest paid
$996,402
Balance remaining
$4,509,156

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.

Let's connect

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

Rental yield
Estimate$7,350/mo
$88,200Gross annual rent
0.7%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

1.4%
Gross yield
− Property tax $29,387− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $47,711

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

CallRequest a showing