3083 LAKESHORE Road, Burlington, ON

Roseland, Burlington · MLS® W13081496

$3,290,000
For Sale
Listed 74 days ago
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6Bedrooms
6Bathrooms
4Garage · 10 parking
3000-3500Sq Ft

About this home

A rare offering where character, luxury, and lifestyle converge. Set on a coveted Lakeshore estate lot, this distinguished residence showcases a striking stone exterior and timeless curb appeal, complete with a welcoming covered front porch. Offering over 3,700 sq.ft. above grade, plus a fully finished 1,800+ sq.ft. lower level with separate entrance, the home blends character, scale, and versatility with ease. Inside, refined details take center stage - hardwood flooring, crown molding, 9' ceilings, and multiple gas fireplaces create a warm yet sophisticated atmosphere, while updated period-style windows preserve the home's charm. The gourmet kitchen flows seamlessly into the family room and opens to a private backyard retreat, featuring a heated in-ground pool and beautifully landscaped grounds. The primary suite is a true escape, complete with a spa-inspired ensuite and private sundeck. With 3+2 bedrooms, 4.5 bathrooms, and a rare, detached coach house offering a self-contained apartment with its own sun deck overlooking the pool, this property presents a unique opportunity for multi-generational living, guest accommodations, or added income potential. Luxury Certified.

Key facts

Property type
Detached, 2 1/2 Storey
MLS®
W13081496
Bedrooms
6 (5 + 1)
Bathrooms
6 (1 half)
Size
3000-3500
Lot
85.89 × 187.79 ft
Cross streets
Lakeshore and Hart Ave
Parking
4 garage · 10 parking (other)
Driveway
Private
Basement
Separate Entrance, Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Concrete Block, Shingle
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$15,983 / 2025
Days on market
74
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

BedroomBasement4.17 × 3.58 m
LaundryBasement0.00 × 0.00 m
Living RoomBasement5.49 × 5.03 m
Dining RoomMain6.27 × 3.86 m
OfficeMain4.52 × 3.58 m
LoftThird3.61 × 3.02 m
BedroomSecond3.63 × 3.56 m
BathroomSecond2.39 × 1.52 m

3 Pc Ensuite

KitchenSecond4.80 × 3.43 m

Eat-in Kitchen

KitchenBasement5.49 × 5.03 m

Eat-in Kitchen

BathroomMain0.00 × 0.00 m

2 Pc Bath

Living RoomMain6.10 × 4.55 m
Primary BedroomSecond5.03 × 4.75 m
BedroomSecond4.52 × 3.91 m
LoftThird5.79 × 3.53 m
BathroomSecond0.00 × 0.00 m

4 Pc Ensuite

BathroomSecond0.00 × 0.00 m

4 Pc Bath

BathroomBasement1.87 × 2.53 m

3 Pc Bath

Family RoomMain6.91 × 5.36 m
LoftThird3.66 × 2.95 m
Living RoomSecond3.78 × 2.74 m
BedroomSecond4.32 × 3.45 m
KitchenMain5.79 × 3.53 m
Moe’s TakeTeam Asgarian · Broker
Above the wider set
$2.50Mest. value

Listed at $3,290,000, this home is tracking about 32% 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.

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 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.46M, 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 $1.88M
  • Bedrooms +$30K
  • Bathrooms +$30K
  • Adjusts to $1.94M

That comparable adjusts to $1.94M; the $2.50M estimate above is the median of all 9 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. Guelph at Lakeshore is about a 4-minute walk away.

List price
$2.01MGreat deal$3.29MOverpriced

Total price vs nearby homes. Fair value about $2.50M, median of 9 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.
  • 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.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Income potential
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Roseland · asking prices
$2.91Mavg asking

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

320 Walkers Line$1.70M418 PINE COVE Road$3.20M560 Woodview Road$2.80M304 Pomona Avenue$5.00M3021 Lakeshore Road$1.88M

The 5 closest active listings nearby.

See all comparable homes
3.29MThis home1.70M3.20M2.80M5.00M1.88MThis home vs active comparables
Live market pulseActive comparables in Roseland · median list $1.70M
$1,012this home / sqft
9active listings nearby
74days on market

This home lists 32% above the area average of $769/sqft.

64 days longer than the Burlington average (10 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Roseland, Burlington, 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

49/ 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: Guelph at Lakeshore, about 333 m away

20+ transit stops13 dining8 parks3 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.

Brant
$1.43M
Shoreacres
$2.25M
Mountainside
$879K
Palmer
$1.30M
Appleby
$1.16M

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

Affordability
$14,995/mo
$616KIncome needed
5.3×Price ÷ income
$3,460Weekly 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 $14,995Property tax $1,332Total carry $16,327

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)
$14,045per month

Mortgage amount $2,632,000 · 4.14% over 25 years

$658,000Down payment (20.0%)
$2,632,000Loan before insurance
$0CMHC premium
$15,377Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,045
Property tax
$1,332
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$15,377

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

One-time closing costs

Ontario land transfer tax
$68,725
Estimated closing costs
$68,725

Plus your down payment of $658,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$17,059/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

$1,581,599Total interest paid
$4,213,599Total of all payments
Principal $2,632,000 Interest $1,581,599
YearPrincipalInterestBalance
1$61,659$106,885$2,570,341
2$64,238$104,306$2,506,104
3$66,925$101,619$2,439,179
4$69,724$98,820$2,369,455
5$72,641$95,903$2,296,814
6$75,679$92,865$2,221,135
7$78,845$89,699$2,142,291
8$82,142$86,401$2,060,148
9$85,578$82,966$1,974,570
10$89,158$79,386$1,885,412
11$92,887$75,657$1,792,524
12$96,773$71,771$1,695,752
13$100,821$67,723$1,594,931
14$105,038$63,506$1,489,894
15$109,431$59,113$1,380,462
16$114,009$54,535$1,266,454
17$118,777$49,767$1,147,676
18$123,746$44,798$1,023,931
19$128,922$39,622$895,009
20$134,314$34,230$760,694
21$139,933$28,611$620,762
22$145,786$22,758$474,976
23$151,884$16,660$323,092
24$158,237$10,307$164,856
25$164,856$3,688$0

At the end of your 5-year term

Total paid over the term
$842,720
Principal paid down
$335,186
Interest paid
$507,534
Balance remaining
$2,296,814

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$6,300/mo
$75,600Gross annual rent
1.5%Est. cap rate

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 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.

2.3%
Gross yield
− Property tax $15,983− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $49,901

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.

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