345 Rankin Drive, Burlington, ON
Roseland, Burlington · MLS® W13167930
About this home
Welcome to 345 Rankin Drive, a truly exceptional custom residence located in the heart of prestigious Roseland. Thoughtfully designed and built as the personal home of an interior designer/builder team, this one-of-a-kind property offers a level of craftsmanship, detail, and finish rarely found in this price range. Inspired by the principles of quiet luxury and wellness-focused living, the home seamlessly blends warm organic textures with modern sophistication. The open-concept layout is designed for both elevated entertaining and comfortable everyday living, featuring a stunning chef's kitchen, bespoke millwork, designer lighting, and carefully curated finishes throughout. This fully integrated smart home includes heated tile surfaces throughout, creating a level of comfort typically reserved for high-end custom estates. Every detail has been intentionally considered, from the seamless flow of the living spaces to the hidden design elements and custom craftsmanship woven throughout the home. Offering 3+1 bedrooms and 4 bathrooms, the home also features a beautifully finished lower level with flexible living space ideal for a home office, gym, media room, or guest suite. Situated on a mature, tree-lined street in one of Burlington's most sought-after neighbourhoods, just moments from top-rated schools, parks, lakefront trails, and downtown Burlington. A rare opportunity to own a fully realized designer residence where luxury, functionality, and timeless design come together effortlessly.
Key facts
- Property type
- Detached, Sidesplit
- MLS®
- W13167930
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500
- Lot
- 63 × 115 ft
- Cross streets
- Swinburne Rd
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Front Yard Parking
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Aluminum Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,676 / 2025
- Days on market
- 54
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
4 Pc Ensuite
5 Pc Bath
Combined w/Sunroom
3 Pc Bath
2 Pc Bath
Listed at $2,299,900, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 19 similar homes nearby, adjusted for size, beds, and baths.Median of 19 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.60M, 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 $1.75M
- Bathrooms +$15K
- Adjusts to $1.76M
That comparable adjusts to $1.76M; the $2.11M estimate above is the median of all 19 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. New at Elwood is about a 5-minute walk away.
Total price vs nearby homes. Fair value about $2.11M, median of 19 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.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Open-concept layout: modern, sought-after flow.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 5% above the area average of $974/sqft.
44 days longer than the Burlington average (10 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Roseland, Burlington, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: New at Elwood, about 418 m 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 $1,839,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,818
- Property tax
- $640
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,458
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $43,973
- Estimated closing costs
- $43,973
Plus your down payment of $459,980. 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
- $589,110
- Principal paid down
- $234,314
- Interest paid
- $354,796
- Balance remaining
- $1,605,606
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 RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.