2724 8 Side Road, Burlington, ON
Rural Burlington, Burlington · MLS® W13120382
About this home
Exceptional Country Living In Burlington's Sought-After Countryside. This Charming Bungalow Offers 3 Bedrooms And 1 Bathroom And Sits On Almost An Acre. Just Seconds From The Villages Of Kilbride And Lowville. Enjoy Stunning Escarpment Views Accented By A Creek Running Through The Rear Of The Property. This Home Blends Peaceful Rural Privacy With Easy Access To Village Amenities. Enjoy Outdoor Living With A Private Yard, Natural Gas BBQ Line, And Nearby Golf Courses For Recreation. Perfect For Those Seeking A Tranquil Retreat With Excellent Location - Potential To Renovate, Expand, Or Simply Enjoy As-Is.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13120382
- Bedrooms
- 3
- Bathrooms
- 1
- Size
- 1100-1500
- Lot
- 110 × 300 ft
- Cross streets
- Guelph Line & Number 8 Side Road
- Parking
- 8 parking
- Basement
- Full, Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Block
- Roof
- Asphalt Rolled
- Sewer
- Septic
- Property tax
- $5,433 / 2025
- Days on market
- 65
- Listing brokerage
- EXP REALTY
Rooms
Listed at $1,399,900, this home is about 12% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($1,077/sqft) is in line with the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Rural Burlington, so I widened the search to the surrounding area.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.27M, 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 $1.40M
- Bathrooms −$15K
- Adjusts to $1.38M
That comparable adjusts to $1.38M; the $1.25M estimate above is the median of all 5 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, this is a more car-dependent spot, so buyers here typically drive. Mattamy National Cycling Centre is about a 63-minute walk away. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $1.25M, median of 5 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Value driver
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 0% above the area average of $1,077/sqft.
55 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: Mattamy National Cycling Centre, about 5.0 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
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 $1,119,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,976
- Property tax
- $453
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,429
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $24,473
- Estimated closing costs
- $24,473
Plus your down payment of $279,980. 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
- $358,579
- Principal paid down
- $142,622
- Interest paid
- $215,956
- Balance remaining
- $977,298
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 EXP REALTY. MLS®/PropTx.