537 MATHEWMAN Crescent, Burlington, ON

Appleby, Burlington · MLS® W13440438

$1,479,900
For Sale
Listed 35 days ago
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5Bedrooms
4Bathrooms
2Garage · 4 parking
1500-2000Sq Ft

About this home

Welcome to this warm and inviting family home situated on a beautiful corner lot in the highly sought-after Pinedale neighbourhood of southeast Burlington. This spacious 4-level backsplit offers 5 bedrooms and 4 bathrooms, features a formal dining room, a bright eat-in kitchen highlighted by a stunning oversized skylight, and generous living spaces throughout. The bedrooms, dining room, and family room are enhanced with beautiful solid oak flooring, adding warmth and timeless appeal to the home. Step outside to a fully fenced private backyard surrounded by mature trees and beautifully maintained perennial gardens-an ideal setting for relaxing or entertaining.Conveniently located close to the lake, parks, shopping, schools, and public transit, this exceptional property combines comfort, space, and an unbeatable location.

Key facts

Property type
Detached, Other
MLS®
W13440438
Bedrooms
5 (4 + 1)
Bathrooms
4
Size
1500-2000
Lot
60.1 × 110.5 ft
Cross streets
Burloak/New/Deerhurst/Mathewman
Parking
2 garage · 4 parking (attached)
Driveway
Private Double, Other, Inside Entry
Basement
Finished, Full
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,218 / 2025
Days on market
35
Listing brokerage
Royal LePage Real Estate Associates

Rooms

BathroomLower2.13 × 5.94 m

4 Pc Bath

BedroomLower4.19 × 2.97 m

Hardwood Floor

BedroomSecond4.14 × 2.74 m

broadloom · hardwood floor

Living RoomMain8.00 × 3.50 m

sunken room · combined w/dining

BathroomLower1.85 × 1.82 m

tile floor · 3 pc bath

LaundryLower11.96 × 6.55 m

Finished

BedroomSecond5.18 × 3.02 m

broadloom · hardwood floor

KitchenMain6.27 × 3.35 m

eat-in kitchen · tile floor · stainless steel appl

Dining RoomMain8.00 × 3.50 m

california shutters · french doors · combined w/living

Family RoomLower6.85 × 5.84 m

broadloom · california shutters · finished

Primary BedroomSecond4.14 × 3.32 m

bay window · broadloom · walk-in closet(s)

BathroomSecond2.56 × 2.05 m

hot tub · tile floor · combined w/primary

OtherLower4.88 × 3.81 m
BedroomLower3.05 × 3.35 m

Large Window

BathroomSecond3.02 × 1.80 m

tile floor · separate shower

Moe’s TakeTeam Asgarian · Broker
In the wider range
$1.57Mest. value

Listed at $1,479,900, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. 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 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.31M, a bit lower.

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 $1.10M
  • Size difference +$389K
  • Bedrooms +$30K
  • Bathrooms +$30K
  • Adjusts to $1.55M

That comparable adjusts to $1.55M; the $1.57M estimate above is the median of all 10 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. Pinedale at Forestwood is about a 4-minute walk away.

List price
$1.34MGreat deal$1.80MOverpriced

Total price vs nearby homes. Fair value about $1.57M, median of 10 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.

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Corner lot: more light and frontage, sometimes at the cost of privacy.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby in Appleby · asking prices
$1.41Mavg asking

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

5427 ANTHONY Place$1.80M5425 Winston Road$1.38M554 Chamberlain Road$1.35M5171 Mulberry Drive$1.37M5154 New Street$1.15M

The 5 closest of 7 active listings nearby.

See all comparable homes
1.48MThis home1.80M1.38M1.35M1.37M1.15MThis home vs active comparables
Live market pulseActive comparables in Appleby · median list $1.37M
$846this home / sqft
11active listings nearby
35days on market

This home lists 8% below the area average of $915/sqft.

25 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

Appleby, 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

63/ 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: Pinedale at Forestwood, about 329 m away

20+ transit stops2 grocery20+ dining15 parks6 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.

Shoreacres
$2.25M
Orchard
$1.14M
Roseland
$1.53M
Rose
$2.01M
Palmer
$1.30M

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
$6,745/mo
$276KIncome needed
5.4×Price ÷ income
$1,557Weekly 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 $6,745Property tax $518Total carry $7,263

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)
$6,318per month

Mortgage amount $1,183,920 · 4.14% over 25 years

$295,980Down payment (20.0%)
$1,183,920Loan before insurance
$0CMHC premium
$6,836Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,318
Property tax
$518
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,836

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

One-time closing costs

Ontario land transfer tax
$26,073
Estimated closing costs
$26,073

Plus your down payment of $295,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,674/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

$711,431Total interest paid
$1,895,351Total of all payments
Principal $1,183,920 Interest $711,431
YearPrincipalInterestBalance
1$27,735$48,079$1,156,185
2$28,895$46,919$1,127,290
3$30,104$45,710$1,097,186
4$31,363$44,451$1,065,823
5$32,675$43,139$1,033,148
6$34,042$41,772$999,106
7$35,466$40,348$963,640
8$36,949$38,865$926,691
9$38,495$37,319$888,196
10$40,105$35,709$848,091
11$41,782$34,032$806,309
12$43,530$32,284$762,779
13$45,351$30,463$717,428
14$47,248$28,566$670,180
15$49,224$26,590$620,956
16$51,283$24,531$569,673
17$53,428$22,386$516,245
18$55,663$20,151$460,582
19$57,991$17,823$402,591
20$60,417$15,397$342,174
21$62,944$12,870$279,230
22$65,577$10,237$213,653
23$68,320$7,494$145,333
24$71,178$4,636$74,155
25$74,155$1,659$0

At the end of your 5-year term

Total paid over the term
$379,070
Principal paid down
$150,772
Interest paid
$228,298
Balance remaining
$1,033,148

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$3,150/mo
$37,800Gross annual rent
1.8%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.

2.6%
Gross yield
− Property tax $6,218− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,024

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Royal LePage Real Estate Associates. MLS®/PropTx.

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