4644 Ethel Road, Burlington, ON

Alton, Burlington · MLS® W13234020

$1,539,990
For Sale
Listed 44 days ago
4Bedrooms
4Bathrooms
2Garage · 4 parking
2500-3000Sq Ft

About this home

Absolutely stunning north facing Fernbrook built Stonevalley model with 2969 sq above ground living space. Boasts 9' ceilings on the main floor. Upgraded raised excavated basement roof to finish off clean canvas additional living space with 9 ft+ ceiling. Large eat in Kitchen, main floor laundry with exit to backyard hot tub/patio. Large family room with fireplace and stone accent wall. Separate dining/living room great for entertaining large groups.2nd floor loft can be converted to 5th bedroom or media room. Oversized Master retreat w/ large soaker tub, his/her sinks and separate shower. Bedroom two has full ensuite and 3rd bedroom has ensuite privileges. Oversized 4th bedroom great for bedroom/office. Freshly painted, exotic Brazilian jatoba hardwood floors on main/2nd floor new roof(25) with warranty. Upgraded garage doors and backyard oasis features full interlock patio and hot tub. Nothing to do but move in!

Key facts

Property type
Detached, 2-Storey
MLS®
W13234020
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000
Lot
42.98 × 85.3 ft
Cross streets
Hopkins
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Development Potential, Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,396 / 2026
Days on market
44
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

Dining RoomMain3.48 × 4.42 m
BedroomSecond7.14 × 3.96 m
Family RoomMain4.95 × 5.18 m
KitchenMain3.17 × 3.43 m
Living RoomMain2.79 × 3.15 m
Moe’s TakeTeam Asgarian · Broker
In line
$1.56Mest. value

Listed at $1,539,990, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

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 $1.70M, a close match.

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 $1.68M
  • Adjusts to $1.68M

That comparable adjusts to $1.68M; the $1.56M 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, this is a very walkable address with everyday errands close by. Dundas St + Cornerstone Dr is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.44MGreat deal$1.61MOverpriced

Total price vs nearby homes. Fair value about $1.56M, 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.

  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby in Alton · asking prices
$1.59Mavg asking

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

4624 Ethel Road$1.68M3938 Koenig Road$1.40M3937 Leonardo Street$1.85M4670 Bracknell Road$1.60M3342 Cline Street$1.43M

The 5 closest active listings nearby.

See all comparable homes
1.54MThis home1.68M1.40M1.85M1.60M1.43MThis home vs active comparables
Live market pulseActive comparables in Alton · median list $1.60M
$560this home / sqft
12active listings nearby
44days on market

This home lists 8% below the area average of $610/sqft.

34 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

Alton, 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

75/ 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: Dundas St + Cornerstone Dr, about 293 m away

20+ transit stops5 grocery20+ dining9 parks11 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.

Rose
$2.01M
Orchard
$1.14M
Palmer
$1.30M
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
$7,019/mo
$293KIncome needed
5.3×Price ÷ income
$1,620Weekly 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.

91%mortgage
Mortgage $7,019Property tax $700Total carry $7,718

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)
$6,574per month

Mortgage amount $1,231,992 · 4.14% over 25 years

$307,998Down payment (20.0%)
$1,231,992Loan before insurance
$0CMHC premium
$7,274Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,574
Property tax
$700
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,274

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

One-time closing costs

Ontario land transfer tax
$27,275
Estimated closing costs
$27,275

Plus your down payment of $307,998. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,985/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

$740,318Total interest paid
$1,972,310Total of all payments
Principal $1,231,992 Interest $740,318
YearPrincipalInterestBalance
1$28,861$50,031$1,203,131
2$30,069$48,824$1,173,062
3$31,326$47,566$1,141,736
4$32,637$46,256$1,109,099
5$34,002$44,891$1,075,098
6$35,424$43,468$1,039,674
7$36,906$41,987$1,002,768
8$38,449$40,443$964,318
9$40,058$38,835$924,261
10$41,733$37,159$882,527
11$43,479$35,414$839,049
12$45,298$33,595$793,751
13$47,192$31,700$746,559
14$49,166$29,726$697,392
15$51,223$27,670$646,170
16$53,365$25,527$592,804
17$55,598$23,295$537,207
18$57,923$20,969$479,284
19$60,346$18,546$418,938
20$62,870$16,022$356,067
21$65,500$13,392$290,567
22$68,240$10,653$222,328
23$71,094$7,798$151,234
24$74,068$4,825$77,166
25$77,166$1,726$0

At the end of your 5-year term

Total paid over the term
$394,462
Principal paid down
$156,894
Interest paid
$237,568
Balance remaining
$1,075,098

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$5,250/mo
$63,000Gross annual rent
3.0%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.

4.1%
Gross yield
− Property tax $8,396− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $46,274

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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