418 PINE COVE Road, Burlington, ON

Roseland, Burlington · MLS® W13465474

$3,199,000
For Sale
Listed 29 days ago
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5Bedrooms
5Bathrooms
2Garage · 5 parking
3500-5000Sq Ft

About this home

Welcome to 418 Pine Cove Rd, a stunning custom-built home in Burlington's Roseland neighborhood. This 4+1 bedroom, 4+1 bathroom residence offers 5,136 sq ft of luxurious living space. Its contemporary style features natural Eramosa Limestone, Ebonite Smooth bricks, Longboard siding, and ACM panels. Experience the epitome of luxury living with premium finishes, soaring high ceilings (11' on the main level and a double-height dining room), and expansive windows that flood the home with natural light, creating a bright and airy atmosphere. The modern design is enhanced by a Smart Home system, wire-brushed white oak hardwood floors, an impressive 10' tall Mahogany door, walnut paneling, premium XL engineered slab flooring, and a steam shower in the primary ensuite. The gourmet kitchen boasts top-of-the-line Miele appliances and a large waterfall island, while the great room's wall unit with a built-in frame TV and 3-sided linear gas fireplace provides a cozy focal point. The professionally landscaped exterior includes a Japanese courtyard with a water fountain, a rear deck, and a spacious backyard with direct access to General Brock Park. A home office offers a serene work environment with large windows overlooking the courtyard, allowing for plenty of natural light and a peaceful view. Additional features include an EV charger, two skylights, double air conditioning systems, and a bright, practical layout designed for contemporary living.

Key facts

Property type
Detached, 2-Storey
MLS®
W13465474
Bedrooms
5 (4 + 1)
Bathrooms
5 (1 half)
Size
3500-5000
Lot
55.27 × 149.43 ft
Cross streets
Walkers Line / New St
Parking
2 garage · 5 parking (attached)
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$14,778 / 2025
Days on market
29
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Bedroom 3Second4.30 × 3.30 m

semi ensuite · large closet · large window

Exercise RoomBasement4.30 × 4.00 m

mirrored walls · built-in speakers

Dining RoomMain5.00 × 3.00 m

window floor to ceiling · overlooks garden · open concept

Primary BedroomSecond6.70 × 3.90 m

5 pc ensuite · walk-in closet(s) · built-in speakers

LaundrySecond2.30 × 2.00 m
RecreationBasement7.60 × 5.60 m

wet bar · built-in speakers · above grade window

Bedroom 4Second4.60 × 3.60 m

3 pc ensuite · large closet

KitchenMain7.50 × 4.50 m

combined w/br · pantry · centre island

OfficeMain4.50 × 3.20 m

overlooks frontyard · window floor to ceiling · w/o to garden

Bedroom 2Second4.30 × 3.50 m

semi ensuite · walk-in closet(s) · large window

Bedroom 5Basement4.40 × 3.10 m

closet · above grade window

BathroomBasement3.00 × 2.50 m

4 Pc Bath

Powder RoomIn Between15.00 × 2.00 m

2 Pc Bath

Great RoomMain6.30 × 5.30 m

gas fireplace · built-in speakers · b/i shelves

Moe’s TakeTeam Asgarian · Broker
In line
$3.53Mest. value

Listed at $3,199,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Roseland, 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 $3.54M, 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 $4.20M
  • Adjusts to $4.20M

That comparable adjusts to $4.20M; the $3.53M 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 Cumberland is about a 2-minute walk away.

List price
$2.74MGreat deal$3.63MOverpriced

Total price vs nearby homes. Fair value about $3.53M, 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Primary suite: a key comfort and resale feature.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Roseland · asking prices
$4.03Mavg asking

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

342 Pomona Avenue$4.20M320 Walkers Line$1.70M162 Fruitland Avenue$6.20M

The 3 closest active listings nearby.

See all comparable homes
3.20MThis home4.20M1.70M6.20MThis home vs active comparables
Live market pulseActive comparables in Roseland · median list $4.20M
$753this home / sqft
6active listings nearby
29days on market

This home lists 17% below the area average of $902/sqft.

19 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

Roseland, 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

53/ 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 Cumberland, about 136 m away

20+ transit stops2 grocery20+ dining11 parks12 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
Brant
$1.43M
Palmer
$1.30M
Mountainside
$879K
Appleby
$1.16M

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
$14,580/mo
$597KIncome needed
5.4×Price ÷ income
$3,365Weekly 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.

92%mortgage
Mortgage $14,580Property tax $1,232Total carry $15,811

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)
$13,657per month

Mortgage amount $2,559,200 · 4.14% over 25 years

$639,800Down payment (20.0%)
$2,559,200Loan before insurance
$0CMHC premium
$14,888Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$13,657
Property tax
$1,232
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14,888

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

One-time closing costs

Ontario land transfer tax
$66,450
Estimated closing costs
$66,450

Plus your down payment of $639,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$16,588/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

$1,537,852Total interest paid
$4,097,052Total of all payments
Principal $2,559,200 Interest $1,537,852
YearPrincipalInterestBalance
1$59,953$103,929$2,499,247
2$62,461$101,421$2,436,786
3$65,074$98,808$2,371,712
4$67,796$96,087$2,303,917
5$70,631$93,251$2,233,285
6$73,586$90,296$2,159,700
7$76,664$87,218$2,083,036
8$79,870$84,012$2,003,165
9$83,211$80,671$1,919,954
10$86,692$77,190$1,833,262
11$90,318$73,564$1,742,944
12$94,096$69,786$1,648,848
13$98,032$65,850$1,550,816
14$102,132$61,750$1,448,684
15$106,404$57,478$1,342,279
16$110,855$53,027$1,231,424
17$115,492$48,390$1,115,932
18$120,323$43,559$995,609
19$125,356$38,526$870,253
20$130,599$33,283$739,654
21$136,062$27,820$603,592
22$141,753$22,129$461,838
23$147,683$16,199$314,156
24$153,860$10,022$160,296
25$160,296$3,586$0

At the end of your 5-year term

Total paid over the term
$819,410
Principal paid down
$325,915
Interest paid
$493,496
Balance remaining
$2,233,285

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$7,350/mo
$88,200Gross annual rent
1.9%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.

2.8%
Gross yield
− Property tax $14,778− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $62,320

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

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