4197 Walkers Line, Burlington, ON
Rural Burlington, Burlington · MLS® W13118840
About this home
In short
- 34+ Acres approx, fibre optics internet, walk to Farm Boy, walk-in clinics, Shoppers Drug Mart, Longo's, Starbucks, Rajdhani Restaurant, and lots more.
- 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...
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 sq ft
- Lot
- 1149.05 × 1318.48 ft
- Cross streets
- Dundas (Hwy 5) & Walkers Line
- Parking
- 1 garage (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
- 133
- Listing brokerage
- Royal LePage Real Estate Services Ltd., Brokerage
Rooms
5 Pc Bath
2 Pc Bath
This is a rare parcel: about 34.78 acres. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown.
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For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.44M, which is where my estimate comes from.
Per square foot, these ask about $1,060/sqft; this home lists at $1,689/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesNeighbourhood & location
Rural Burlington, Burlington, ON
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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.
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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 4.24% via Ratehub.ca (as of September 23, 2026); conventional rates run a little higher.
Mortgage amount $3,040,000 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $16,640
- Property tax
- $251
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $16,891
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
- $998,411
- Principal paid down
- $375,874
- Interest paid
- $622,537
- Balance remaining
- $2,664,126
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 numbersThe last 6 whole-home leases in Rural Burlington signed at a median of $4,200 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,434. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
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.