4008 Apple Valley Lane, Burlington, ON

Shoreacres, Burlington · MLS® W13223978

$1,395,000
For Sale
Listed 46 days ago
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3Bedrooms
2Bathrooms
1Garage · 7 parking
1100-1500Sq Ft

About this home

Well maintained 3 bedroom, 4-level sidesplit on a spectacular 100' x 152' oversized lot in prime Tuck/Nelson location! Eat-in kitchen with granite, subway tile backsplash and walkout toa gorgeous, fully fenced private yard featuring an inground pool, cedar deck, gas BBQ hookup and stunning gardens! Spacious living room with gas fireplace, primary bedroom with custom built-ins and a lower level family room with walkout to patio and inside entry from the garage. Hardwood floors, California shutters, a fully finished lower level, a covered front porch and a double drive with parking for 6 cars!

Key facts

Property type
Detached, Sidesplit
MLS®
W13223978
Bedrooms
3
Bathrooms
2 (1 half)
Size
1100-1500
Lot
100 × 152 ft
Cross streets
Walkers Line
Parking
1 garage · 7 parking (attached)
Driveway
Inside Entry, Private Double
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick Veneer, Vinyl Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$8,061 / 2026
Days on market
46
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

Living RoomMain5.74 × 3.96 m

Gas Fireplace

Family RoomLower3.28 × 5.25 m

W/O To Patio

RecreationBasement5.12 × 6.05 m
BathroomSecond2.45 × 3.56 m

3 Pc Bath

Bedroom 3Second2.79 × 3.05 m
BathroomLower2.01 × 1.10 m

2 Pc Bath

KitchenMain4.62 × 2.36 m

W/O To Deck

Utility RoomBasement2.45 × 3.65 m
DenBasement2.36 × 2.36 m
Dining RoomMain3.14 × 2.51 m
Cold Room/CantinaBasement1.65 × 1.54 m
Primary BedroomSecond4.26 × 3.54 m
Bedroom 2Second3.19 × 4.10 m
LaundryBasement1.11 × 3.48 m
Moe’s TakeTeam Asgarian · Broker
In line
$1.07Mest. value

Listed at $1,395,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

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

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.82M, higher than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $1.47M
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $1.42M

That comparable adjusts to $1.42M; the $1.07M estimate above is the median of all 5 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 Walkers is about a 11-minute walk away.

List price
$714KGreat deal$1.41MOverpriced

Total price vs nearby homes. Fair value about $1.07M, median of 5 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Weigh carefully
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.39Mavg asking

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

342 Bryant Crescent$1.10M572 Bridgman Avenue$1.10M195 Wilton Street$1.80M2234 Kilbride Street$1.47M134 Fairwood Place$1.50M

The 5 closest active listings nearby.

See all comparable homes
1.40MThis home1.10M1.10M1.80M1.47M1.50MThis home vs active comparables
Live market pulseActive comparables in Shoreacres · median list $1.55M
$1,073this home / sqft
18active listings nearby
46days on market

This home lists 14% above the area average of $944/sqft.

36 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

43/ 100

Somewhat 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.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: New at Walkers, about 902 m away

20+ transit stops1 grocery8 dining10 parks4 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
Brant
$1.43M
Palmer
$1.30M
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
$6,358/mo
$267KIncome needed
5.2×Price ÷ income
$1,467Weekly 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.

90%mortgage
Mortgage $6,358Property tax $672Total carry $7,030

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%
$
%
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)
$5,955per month

Mortgage amount $1,116,000 · 4.14% over 25 years

$279,000Down payment (20.0%)
$1,116,000Loan before insurance
$0CMHC premium
$6,627Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,955
Property tax
$672
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,627

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

One-time closing costs

Ontario land transfer tax
$24,375
Estimated closing costs
$24,375

Plus your down payment of $279,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,233/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

$670,617Total interest paid
$1,786,617Total of all payments
Principal $1,116,000 Interest $670,617
YearPrincipalInterestBalance
1$26,144$45,321$1,089,856
2$27,238$44,227$1,062,618
3$28,377$43,088$1,034,241
4$29,564$41,901$1,004,678
5$30,800$40,664$973,877
6$32,089$39,376$941,788
7$33,431$38,034$908,357
8$34,829$36,635$873,528
9$36,286$35,178$837,242
10$37,804$33,661$799,438
11$39,385$32,079$760,052
12$41,033$30,432$719,019
13$42,749$28,716$676,270
14$44,537$26,927$631,733
15$46,400$25,064$585,333
16$48,341$23,124$536,992
17$50,363$21,102$486,629
18$52,470$18,995$434,159
19$54,664$16,800$379,495
20$56,951$14,514$322,544
21$59,333$12,132$263,211
22$61,815$9,650$201,396
23$64,401$7,064$136,995
24$67,094$4,370$69,901
25$69,901$1,564$0

At the end of your 5-year term

Total paid over the term
$357,323
Principal paid down
$142,123
Interest paid
$215,201
Balance remaining
$973,877

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$2,300/mo
$27,600Gross annual rent
1.1%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.

2.0%
Gross yield
− Property tax $8,061− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $15,103

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

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