3340 Terra Cotta Lane, Burlington, ON
Alton, Burlington · MLS® W13218076
About this home
Beautifully updated from top to bottom, this home is a standout offering in Burlington's sought after Alton Village. With over 4300 sq ft of living space, wide plank hardwood floors, custom millwork, crown moulding, pot lighting and in-ceiling speakers set the tone throughout. The custom kitchen is a showpiece, featuring white lacquer cabinetry, an oversized island with seating for 8, full KitchenAid suite including a 6-burner gas range and built-in wall oven, quartz counters and backsplash. Stone feature wall and gas fireplace in the family room. Custom built-ins throughout the dining room, office and laundry room. The primary suite has an electric fireplace, walk-in closet with custom organizers, and a spa-calibre ensuite with freestanding soaker tub, Nurial LED mirror and Steamtec 9KW commercial steam shower. Three additional bedrooms with hardwood and custom closet organizers, 2 additional baths, plus a dedicated second floor office with custom built-ins. Lower level has two bedrooms each with an ensuite, a wet bar and rec room. The covered rear patio is built for multi-season living with overhead heaters, air conditioning, motorized privacy shades, surround sound, movie screen and a fully equipped outdoor kitchen. Metal roof with 55-year warranty, whole-home water purification, owned security system, Trimlight LED exterior lighting and EV charging. Steps to Norton Community Park, Haber Recreation Centre and top-rated schools. Restaurants, grocery stores, banks and shopping all within minutes, with easy access to the QEW and Hwy 407.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13218076
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 6 (1 half)
- Size
- 3000-3500
- Lot
- 42.98 × 85.3 ft
- Cross streets
- Doug Wright Dr
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Metal
- Sewer
- Sewer
- Property tax
- $6,567 / 2026
- Days on market
- 48
- Listing brokerage
- RE/MAX Escarpment Realty Inc., Brokerage
Rooms
3 Pc Bath
carpet free · crown moulding · walk-in closet(s)
3 Pc Bath
2 Pc Bath
3 Pc Bath
3 Pc Bath
3 Pc Bath
2 Pc Bath
3 Pc Bath
3 Pc Bath
3 Pc Bath
5 Pc Ensuite
3 Pc Bath
5 Pc Ensuite
Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairOn location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Thomas Alton at Ashlar is about a 4-minute walk away.
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.
- Primary suite: a key comfort and resale feature.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- 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 6 active listings nearby.
See all comparable homesThis home lists 14% below the area average of $610/sqft.
38 days longer than the Burlington average (10 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Alton, 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: Thomas Alton at Ashlar, about 347 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 $1,359,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,253
- Property tax
- $547
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,800
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,455
- Estimated closing costs
- $30,455
Plus your down payment of $339,800. 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
- $435,192
- Principal paid down
- $173,094
- Interest paid
- $262,097
- Balance remaining
- $1,186,106
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., Brokerage. MLS®/PropTx.