4197 Walkers Line, Burlington, ON
Rural Burlington, Burlington · MLS® W13118840
About this home
34+ Acres approx, fibre optics internet, walk to Farm Boy, walk-in clinics, Shoppers Drug Mart, Longo's, Starbucks, Rajdhani Restaurant, and lots more! Gorgeous escarpment views, note zoning is Escarpment Rural Area, less restrictive than Escarpment Protected Area, and potential to designate the adorable stone home (shingles and energy efficient heat pumps updated) and receive a permit to build a second new home. Lots of options for beautiful building sites set way back from the road with escarpment views to north and west, even a small forest with trails. Beautiful stone home, 60' x 120' indoor riding arena, and approx 19 stall barn, just north of Hwy 407. This impressive property comprises approx 34 acres of which approx 25 acres are workable, a small wooded forest, and charming residence nicely nestled within a stately homestead setting. Rare opportunity here to own such a large parcel of land with a charming home and be so close to all amenities ... many options here ... buy and hold for multi generational planning ... move in and have fun ... or lease and hold!
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- W13118840
- Bedrooms
- 3
- Bathrooms
- 2 (1 half)
- Size
- 2000-2500
- Lot
- 1149.05 × 1318.48 ft
- Cross streets
- Dundas (Hwy 5) & Walkers Line
- Parking
- 1 garage · 31 parking (detached)
- Basement
- Unfinished
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Other
- Foundation
- Stone
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Property tax
- $3,011 / 2025
- Days on market
- 66
- Listing brokerage
- Royal LePage Real Estate Services Ltd., Brokerage
Rooms
5 Pc Bath
2 Pc Bath
Listing history
- May 12, 2026Listed$3,800,000
Price and status history from the listing board. Deemed reliable but not guaranteed.
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairOn location, this is a more car-dependent spot, so buyers here typically drive. Thomas Alton at Hopkins is about a 29-minute walk away. Worth weighing if transit access matters to you.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 7 active listings nearby.
See all comparable homes56 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: Thomas Alton at Hopkins, about 2.3 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 $3,040,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $16,223
- Property tax
- $251
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $16,473
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $81,475
- Estimated closing costs
- $81,475
Plus your down payment of $760,000. 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
- $973,354
- Principal paid down
- $387,145
- Interest paid
- $586,209
- Balance remaining
- $2,652,855
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 Royal LePage Real Estate Services Ltd., Brokerage. MLS®/PropTx.