521 Old York Road, Burlington, ON

Grindstone, Burlington · MLS® W13164144

$2,660,000
For Sale
Listed 56 days ago
Request a showing
◎ Directions
4Bedrooms
5Bathrooms
2Garage · 10 parking
3000-3500Sq Ft

About this home

Client Remarks*Magnificent 3600 Sq Ft Detached on 3 Acres of Land* This One of A Kind Beautiful Custom Living Retreat Offers a Perfect Blend of Comfort, Luxury and Natural Beauty. The Property Seamlessly Combines the Best of Both, Town and Country Lifestyles. This Special Home, Rebuilt From Foundation Up, Is Like No Other In The Neighbourhood. Step Outside To Enjoy the Fresh, Coastal Vibes With Peaceful Atmosphere and You Will Never Leave. The Kitchen is Chef's Dream, Equipped With South American Granite, Massive Centre Island, 36" Stove With Pot Filler Faucet and Stainless Steel Appliances. Overlooking The Kitchen is the "Great Room" with 22 Ft Cathedral Ceilings, Open Concept, Sunny Dining Room, Fireplace, Hardwood Flooring Adding Warmth and Charm to the Living Area. Many Large Windows Bring The Outside In. The End of the Main Floor Seamlessly Flows Into Primary Bedroom With Walk-Through Closet And 4pc Ensuite, Another Bedroom, 2pc Bath And Laundry With Access to Garage. Two Bedrooms With Private Bathrooms are Located on the Upper Level But a 4th Bedroom Also Features a Balcony. The Spectacular Lower Level Boasts a Large Family Room, Fireplace, Office and 3-pc Baths. One of the Most Exciting Parts of this Home is a Private, Huge Backyard That Borders the Conservation Area. Nature Lovers Will Appreciate Its Enhanced Privacy Ensuring That Building Is Not Allowed Past the Tree Line and Preserving The Natural Beauty of the Area for Generations to Come. Step Outside on 2-Tiered Deck and Enjoy the Sunrise, Sunsets and All The Beauty The Scenic View Has to Offer!

Key facts

Property type
Detached, Sidesplit 4
MLS®
W13164144
Bedrooms
4
Bathrooms
5 (1 half)
Size
3000-3500
Lot
136.5 × 1017.54 ft
Cross streets
Plains Rd W. & Old York Rd.
Parking
2 garage · 10 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete, Concrete Block
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$7,456 / 2025
Days on market
56
Listing brokerage
ROYAL LEPAGE REALTY CENTRE

Rooms

Bedroom 3Upper3.94 × 3.71 m

hardwood floor · 4 pc ensuite · closet

Living RoomMain7.55 × 10.60 m

open concept · fireplace · w/o to deck

Bedroom 4Upper4.32 × 3.90 m

hardwood floor · 4 pc ensuite · w/o to balcony

OfficeLower3.56 × 3.90 m

hardwood floor · b/i bookcase

Family RoomLower3.57 × 6.03 m

hardwood floor · fireplace

FoyerMain2.20 × 2.50 m

large closet · ceramic floor · closet

Primary BedroomMain4.32 × 3.10 m

4 pc ensuite · closet · fireplace

Dining RoomMain4.00 × 2.15 m

open concept · overlooks living

Exercise RoomBasement5.46 × 3.04 m

Ceramic Floor

LaundryMain1.57 × 3.78 m

stone floor · access to garage · walk through

KitchenMain3.40 × 4.92 m

centre island · stainless steel appl · skylight

Furnace RoomBasement5.97 × 3.91 m

concrete floor · sump pump

Bedroom 2Main3.46 × 3.13 m

Hardwood Floor

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.

On location, this is a more car-dependent spot, so buyers here typically drive. Leavitt Loop is about a 18-minute walk away. Worth weighing if transit access matters to you.

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.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$2.54Mavg asking

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

971 Filmandale Road$2.30M4278 Clubview Drive$2.20M302 Tuck Drive$2.70M356 Shoreacres Road$2.70M336 Newbold Court$2.79M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.66MThis home2.30M2.20M2.70M2.70M2.79MThis home vs active comparables
Live market pulseActive comparables in Grindstone · median list $1.10M
$818this home / sqft
6active listings nearby
56days on market

This home lists 28% below the area average of $1,132/sqft.

46 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

Grindstone, 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

16/ 100

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: Leavitt Loop, about 1.4 km away

5 transit stops1 grocery4 dining8 parks1 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.

Bayview
$1.50M
LaSalle
$1.19M
Tyandaga
$2.07M
Brant Hills
$1.08M
Mountainside
$879K

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
$12,123/mo
$482KIncome needed
5.5×Price ÷ income
$2,798Weekly 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.

95%mortgage
Mortgage $12,123Property tax $621Total carry $12,745

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)
$11,356per month

Mortgage amount $2,128,000 · 4.14% over 25 years

$532,000Down payment (20.0%)
$2,128,000Loan before insurance
$0CMHC premium
$11,977Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,356
Property tax
$621
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,977

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

One-time closing costs

Ontario land transfer tax
$52,975
Estimated closing costs
$52,975

Plus your down payment of $532,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$13,793/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

$1,278,739Total interest paid
$3,406,739Total of all payments
Principal $2,128,000 Interest $1,278,739
YearPrincipalInterestBalance
1$49,852$86,418$2,078,148
2$51,937$84,333$2,026,211
3$54,109$82,160$1,972,102
4$56,373$79,897$1,915,729
5$58,731$77,539$1,856,999
6$61,187$75,082$1,795,811
7$63,747$72,523$1,732,065
8$66,413$69,857$1,665,652
9$69,191$67,079$1,596,461
10$72,085$64,184$1,524,376
11$75,100$61,169$1,449,275
12$78,242$58,028$1,371,033
13$81,514$54,755$1,289,519
14$84,924$51,345$1,204,595
15$88,476$47,793$1,116,118
16$92,177$44,092$1,023,941
17$96,033$40,237$927,908
18$100,050$36,220$827,859
19$104,235$32,035$723,624
20$108,595$27,675$615,030
21$113,137$23,133$501,893
22$117,869$18,400$384,023
23$122,800$13,470$261,224
24$127,936$8,333$133,288
25$133,288$2,982$0

At the end of your 5-year term

Total paid over the term
$681,348
Principal paid down
$271,001
Interest paid
$410,347
Balance remaining
$1,856,999

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
2.2%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.

2.8%
Gross yield
− Property tax $7,456− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $58,428

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REALTY CENTRE. MLS®/PropTx.

CallRequest a showing