314 Strathcona Drive, Burlington, ON

Shoreacres, Burlington · MLS® W13416636

$1,299,000
For Sale
Listed 39 days ago
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3Bedrooms
2Bathrooms
3Parking
1100-1500Sq Ft

About this home

Welcome to 314 Strathcona Drive, South Burlington Location. Closer to Lake. Charming all-brick 3-bedroom bungalow nestled in one of South Burlington's most desirable and family-friendly neighbourhoods. Situated on a premium mature lot surrounded by tree-lined streets, this home offers exceptional potential for families, downsizers, and renovators alike.The bright and inviting main level features beautiful hardwood floors, updated windows, and a spacious living room highlighted by a large bay window overlooking the front gardens. The functional layout offers comfortable living spaces and endless opportunities to personalize and update to your own taste.Enjoy morning coffee or evening relaxation in the sun-filled 3-season sunroom, featuring greenhouse-style windows and views of the private backyard. The finished lower level provides additional living space with a cozy recreation room centered around a classic Angel Stone fireplace, a large bar area ideal for entertaining, a 3-piece bathroom, and generous storage and laundry facilities.The oversized driveway accommodates 3+ vehicles, providing ample parking for family and guests.Ideally located within the highly sought-after John T. Tuck Public School and Nelson High School catchment area, this property is just minutes from Burlington's waterfront, parks, trails, shopping, restaurants, transit, GO Station, and major highways. Enjoy the perfect balance of suburban tranquility and urban convenience in one of Burlington's most established neighbourhoods.A rare opportunity to own in prestigious South Burlington, close to Lake Ontario, excellent schools, and all the amenities that make this community one of the city's most desirable places to call home.

Key facts

Property type
Detached, Bungalow
MLS®
W13416636
Bedrooms
3
Bathrooms
2
Size
1100-1500
Lot
70 × 99 ft
Cross streets
Spruce & Walker's Ln
Parking
3 parking
Driveway
Private
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$5,375 / 2025
Days on market
39
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.

Rooms

Primary BedroomGround2.82 × 3.96 m
Living RoomGround3.66 × 4.27 m

Bay Window

Bedroom 2Ground2.56 × 3.05 m
KitchenGround2.84 × 4.42 m

Eat-in Kitchen

SunroomGround4.01 × 6.86 m

W/O To Yard

Bedroom 3Ground3.05 × 3.86 m
RecreationBasement6.09 × 7.01 m

Gas Fireplace

BathroomBasement2.13 × 2.44 m

3 Pc Bath

Dining RoomGround2.74 × 2.74 m

Overlooks Backyard

OtherBasement2.44 × 3.05 m

B/I Bar

LaundryBasement3.66 × 4.27 m
BathroomGround1.83 × 2.95 m

4 Pc Bath

Listing history

  1. Jun 8, 2026Listed$3,500

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. New at Longmoor is about a 6-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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • 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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.47Mavg asking

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

1368 2 Side Road$1.40M2084 EDINBURGH Drive$1.30M1198 Fisher Avenue$1.17M2113 Courtland Drive$2.00M

The 4 closest active listings nearby.

See all comparable homes
1.30MThis home1.40M1.30M1.17M2.00MThis home vs active comparables
Live market pulseActive comparables in Shoreacres · median list $1.52M
$999this home / sqft
6active listings nearby
39days on market

This home lists 11% below the area average of $1,127/sqft.

29 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

66/ 100

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 Longmoor, about 495 m away

20+ transit stops1 grocery8 dining13 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
$5,920/mo
$243KIncome needed
5.4×Price ÷ income
$1,366Weekly 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.

93%mortgage
Mortgage $5,920Property tax $448Total carry $6,368

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)
$5,546per month

Mortgage amount $1,039,200 · 4.14% over 25 years

$259,800Down payment (20.0%)
$1,039,200Loan before insurance
$0CMHC premium
$5,993Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,546
Property tax
$448
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,993

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

One-time closing costs

Ontario land transfer tax
$22,455
Estimated closing costs
$22,455

Plus your down payment of $259,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,736/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

$624,467Total interest paid
$1,663,667Total of all payments
Principal $1,039,200 Interest $624,467
YearPrincipalInterestBalance
1$24,345$42,202$1,014,855
2$25,363$41,184$989,492
3$26,424$40,123$963,068
4$27,529$39,017$935,539
5$28,681$37,866$906,858
6$29,881$36,666$876,977
7$31,130$35,416$845,847
8$32,433$34,114$813,414
9$33,789$32,758$779,625
10$35,203$31,344$744,422
11$36,675$29,872$707,748
12$38,209$28,338$669,538
13$39,807$26,739$629,731
14$41,472$25,074$588,259
15$43,207$23,340$545,052
16$45,014$21,532$500,038
17$46,897$19,649$453,140
18$48,859$17,688$404,281
19$50,903$15,644$353,379
20$53,032$13,515$300,347
21$55,250$11,297$245,097
22$57,561$8,986$187,536
23$59,969$6,578$127,567
24$62,477$4,070$65,090
25$65,090$1,456$0

At the end of your 5-year term

Total paid over the term
$332,733
Principal paid down
$132,342
Interest paid
$200,391
Balance remaining
$906,858

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
1.4%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.

2.1%
Gross yield
− Property tax $5,375− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,789

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

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