599 Cumberland Avenue, Burlington, ON

Roseland, Burlington · MLS® W13125518

$1,580,000
For Sale
Listed 65 days ago
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5Bedrooms
3Bathrooms
2Garage · 8 parking
2500-3000Sq Ft

About this home

Perfectly positioned within Burlington's prestigious Roseland neighbourhood, minutes from the lakefront, downtown amenities, top-rated schools, and convenient access to the QEW, 403, and 407. Set on an exceptional 65 x 140 ft lot, this extensively renovated home offers a rare combination of space, functionality, craftsmanship, and flexibility. A detached 2-storey barn/garage structure (with an electrical panel and plumbing connections) - only possible through previous zoning allowances - provides opportunities rarely found in the area for workshop use, living accomodation, hobbies, storage, creative space, or future adaptation. Traditional architectural character, rich wood detailing, and quality workmanship are paired with extensive modern upgrades including newly installed high-efficiency windows, doors, skylights, and improved energy performance throughout the home. Vaulted ceilings, dual-access layouts, and generously sized rooms create strong flow and usability across all levels. Over $250K invested in recent improvements. The kitchen features premium appliances, bright breakfast area, and walk-through butler's pantry designed to support both daily living and larger-scale entertaining. Dining and living areas comfortably accommodate both intimate and large gatherings. The upper level includes a spacious principal retreat with renovated 5-piece ensuite, vaulted bedroom ceilings, and integrated closet organization with lights throughout. The newly renovated lower level offers high ceilings, large windows, flexible open living areas, separate bedroom accommodations, and rough-ins for a 4th bathroom within the laundry room. Outside, meticulously maintained gardens, mature greenery, layered landscaping, and parking for over 10 vehicles further distinguish the value! Recently upgraded detached barn/garage features new siding, gutters, oversized commercial-grade doors, and dedicated electrical service.

Key facts

Property type
Detached, 2-Storey
MLS®
W13125518
Bedrooms
5 (4 + 1)
Bathrooms
3 (1 half)
Size
2500-3000
Lot
65 × 140 ft
Cross streets
New St & Walkers Line
Parking
2 garage · 8 parking (detached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Vinyl Siding
Foundation
Concrete Block
Roof
Fibreglass Shingle
Sewer
Sewer
Property tax
$5,316 / 2025
Days on market
65
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Bedroom 5Lower5.81 × 5.63 m
Living RoomMain6.42 × 5.53 m
BathroomMain0.00 × 0.00 m

2 Pc Bath

Bedroom 3Upper3.27 × 5.02 m
Family RoomLower4.39 × 6.01 m
Bedroom 2Upper3.73 × 5.23 m
Bedroom 4Upper2.89 × 5.81 m
KitchenMain3.98 × 3.86 m
BathroomUpper0.00 × 0.00 m

4 Pc Bath

Primary BedroomUpper5.96 × 5.79 m

5 Pc Ensuite

RecreationLower6.70 × 6.52 m
Dining RoomMain3.65 × 6.68 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.72Mest. value

Listed at $1,580,000, this home is about 8% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Roseland, so I widened the search to the surrounding area.

Based on 15 similar homes nearby, adjusted for size, beds, and baths.Median of 15 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.08M, lower 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 $2.00M
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $1.95M

That comparable adjusts to $1.95M; the $1.72M estimate above is the median of all 15 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. Rexway Dr at Cumberland is about a 1-minute walk away.

List price
$1.58MGreat deal$2.08MOverpriced

Total price vs nearby homes. Fair value about $1.72M, median of 15 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.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Value driver
  • Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$2.18Mavg asking

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

4267 Sarazen Drive$2.05M1398 Winterberry Drive$2.10M4299 Lakeshore Road$2.40M

The 3 closest active listings nearby.

See all comparable homes
1.58MThis home2.05M2.10M2.40MThis home vs active comparables
Live market pulseActive comparables in Roseland · median list $4.20M
$575this home / sqft
6active listings nearby
65days on market

This home lists 38% below the area average of $932/sqft.

55 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

67/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Rexway Dr at Cumberland, about 45 m away

20+ transit stops3 grocery20+ dining8 parks20+ 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.

Shoreacres
$2.25M
Brant
$1.43M
Palmer
$1.30M
Mountainside
$879K
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
$7,201/mo
$290KIncome needed
5.4×Price ÷ income
$1,662Weekly 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.

94%mortgage
Mortgage $7,201Property tax $443Total carry $7,644

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)
$6,745per month

Mortgage amount $1,264,000 · 4.14% over 25 years

$316,000Down payment (20.0%)
$1,264,000Loan before insurance
$0CMHC premium
$7,188Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,745
Property tax
$443
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,188

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

One-time closing costs

Ontario land transfer tax
$28,075
Estimated closing costs
$28,075

Plus your down payment of $316,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,193/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

$759,552Total interest paid
$2,023,552Total of all payments
Principal $1,264,000 Interest $759,552
YearPrincipalInterestBalance
1$29,611$51,331$1,234,389
2$30,850$50,092$1,203,539
3$32,140$48,802$1,171,399
4$33,485$47,458$1,137,914
5$34,885$46,057$1,103,029
6$36,344$44,598$1,066,685
7$37,865$43,078$1,028,820
8$39,448$41,494$989,372
9$41,098$39,844$948,274
10$42,818$38,125$905,456
11$44,609$36,334$860,848
12$46,474$34,468$814,373
13$48,418$32,524$765,955
14$50,444$30,498$715,511
15$52,554$28,388$662,958
16$54,752$26,190$608,206
17$57,042$23,900$551,164
18$59,428$21,514$491,736
19$61,914$19,028$429,822
20$64,504$16,439$365,318
21$67,202$13,740$298,117
22$70,013$10,929$228,104
23$72,941$8,001$155,163
24$75,992$4,950$79,171
25$79,171$1,771$0

At the end of your 5-year term

Total paid over the term
$404,710
Principal paid down
$160,971
Interest paid
$243,740
Balance remaining
$1,103,029

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$5,250/mo
$63,000Gross annual rent
3.1%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.

4.0%
Gross yield
− Property tax $5,316− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $49,354

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

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