559 Walkers Line, Burlington, ON

Shoreacres, Burlington · MLS® W13207302

$2,496,000
For Sale
Listed 50 days ago
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5Bedrooms
5Bathrooms
2Garage · 5 parking
3000-3500Sq Ft

About this home

Priced to Sell! An exceptional home completely rebuilt offering luxurious living space on a rare 74 x 123 pool sized lot iN South Burlington. This home has been professionally designed and upgraded with high-end finishes, energy efficiency, and multi-generational functionality in mind. Step into the grand foyer and experience the unique layout: a bright living room and a few steps down to a cozy recreation room with fireplace and full bathroom ideal for extended family or guests. Up a half level are 2 bedrooms, a home office, and a full bathroom with a stunning sky light. The heart of the home is a custom kitchen featuring quartz countertops, premium BOSCH appliances, LED-lit cabinetry, and an open-concept eat-in area with direct access to a large Techno-Bloc patio perfect for BBQs and outdoor entertaining. The adjacent family room also leads to the backyard, offering seamless indoor-outdoor flow. Upstairs, you'll find a convenient laundry room, two spacious bedrooms, another full bath, and a primary retreat complete with a spa-like ensuite featuring a freestanding tub, custom glass shower, and LED anti-fog mirrors. Exterior upgrades include new landscaping, new asphalt driveway, high-efficiency windows, premium Rinox stone, fluted cladding, stucco accents, and a custom 4'x8' entry door for striking curb appeal. The oversized 2-car garage features epoxy flooring and front & rear garage doors for backyard access. Additional highlights: white oak engineered hardwood, Italian tile finishes, upgraded mechanicals (1" water line, tankless HWT, furnace/AC all owned),and rough-in for irrigation. Permit-approved shed and dual gated side entrances complete this one-of-a-kind home. Move-in ready with no detail overlooked just turn the key and enjoy luxury living in a prime location. Make sure to review the complete list of upgrades and features, including the list of appliances at home.

Key facts

Property type
Detached, 2-Storey
MLS®
W13207302
Bedrooms
5
Bathrooms
5 (1 half)
Size
3000-3500
Lot
74 × 123 ft
Cross streets
Walkers Line & New Street
Parking
2 garage · 5 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,305 / 2025
Days on market
50
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Bedroom 2Second3.99 × 4.39 m
OfficeIn Between2.72 × 3.35 m
RecreationLower5.59 × 3.84 m
Bedroom 4In Between3.20 × 4.45 m
Bedroom 3Second4.06 × 3.96 m
Family RoomMain4.85 × 4.24 m
Bedroom 5In Between3.20 × 3.38 m
KitchenMain6.96 × 5.11 m
Furnace RoomLower2.92 × 3.96 m
BedroomSecond4.75 × 4.52 m
Living RoomMain3.35 × 4.01 m
Moe’s TakeTeam Asgarian · Broker
Below the wider set
$3.06Mest. value

Listed at $2,496,000, this home is tracking about 18% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. 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 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.28M, 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 $2.70M
  • Adjusts to $2.70M

That comparable adjusts to $2.70M; the $3.06M estimate above is the median of all 11 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 very walkable address with everyday errands close by. Rexway Dr at Walkers is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$2.50MGreat deal$3.28MOverpriced

Total price vs nearby homes. Fair value about $3.06M, median of 11 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.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$2.33Mavg asking

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

302 Tuck Drive$2.70M336 Newbold Court$2.79M2203 Turnberry Road$1.99M1398 Winterberry Drive$2.10M4267 Sarazen Drive$2.05M

The 5 closest active listings nearby.

See all comparable homes
2.50MThis home2.70M2.79M1.99M2.10M2.05MThis home vs active comparables
Live market pulseActive comparables in Shoreacres · median list $2.88M
$768this home / sqft
11active listings nearby
50days on market

This home lists 17% below the area average of $929/sqft.

40 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

Shoreacres, 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

78/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Rexway Dr at Walkers, about 51 m away

20+ transit stops2 grocery20+ dining8 parks10 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.

Roseland
$1.53M
Appleby
$1.16M
Palmer
$1.30M
Brant
$1.43M
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
$11,376/mo
$447KIncome needed
5.6×Price ÷ income
$2,625Weekly 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.

96%mortgage
Mortgage $11,376Property tax $442Total carry $11,818

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)
$10,656per month

Mortgage amount $1,996,800 · 4.14% over 25 years

$499,200Down payment (20.0%)
$1,996,800Loan before insurance
$0CMHC premium
$11,098Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,656
Property tax
$442
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,098

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

One-time closing costs

Ontario land transfer tax
$48,875
Estimated closing costs
$48,875

Plus your down payment of $499,200. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12,942/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

$1,199,900Total interest paid
$3,196,700Total of all payments
Principal $1,996,800 Interest $1,199,900
YearPrincipalInterestBalance
1$46,778$81,090$1,950,022
2$48,735$79,133$1,901,287
3$50,773$77,095$1,850,514
4$52,897$74,971$1,797,617
5$55,110$72,758$1,742,507
6$57,415$70,453$1,685,092
7$59,816$68,052$1,625,276
8$62,318$65,550$1,562,957
9$64,925$62,943$1,498,032
10$67,641$60,227$1,430,391
11$70,470$57,398$1,359,921
12$73,418$54,450$1,286,503
13$76,489$51,379$1,210,015
14$79,688$48,180$1,130,327
15$83,021$44,847$1,047,305
16$86,494$41,374$960,811
17$90,112$37,756$870,699
18$93,881$33,987$776,818
19$97,808$30,060$679,010
20$101,899$25,969$577,110
21$106,162$21,706$470,949
22$110,602$17,266$360,347
23$115,229$12,639$245,118
24$120,048$7,820$125,070
25$125,070$2,798$0

At the end of your 5-year term

Total paid over the term
$639,340
Principal paid down
$254,293
Interest paid
$385,047
Balance remaining
$1,742,507

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
2.4%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.

3.0%
Gross yield
− Property tax $5,305− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $60,579

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

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