5940 Blue Spruce Avenue, Burlington, ON

Orchard, Burlington · MLS® W13472292

$1,499,000
For Sale
Listed 26 days ago
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4Bedrooms
4Bathrooms
1Garage · 3 parking
1500-2000Sq Ft

About this home

Welcome to 5940 Blue Spruce Avenue, nestled in Burlington's highly sought-after Orchard neighborhood-renowned for its family-friendly atmosphere, excellent schools, and walking distance to the scenic trails of Bronte Provincial Park. From the moment you step inside, you're welcomed by an abundance of natural light pouring through a stunning cathedral-height window in the great room, creating a bright, open, and inviting atmosphere. The thoughtfully designed main floor offers seamless flow for everyday living and entertaining, featuring a spacious dining area that comfortably accommodates a full-sized table-perfect for hosting family and friends. The home also boasts a beautifully designed custom kitchen, complete with premium KitchenAid stainless steel appliances, including a gas stove, fridge, and dishwasher-ideal for both everyday cooking and entertaining. A convenient powder room and interior garage access add to the home's practicality. Upstairs, a striking double-height staircase leads to a generously sized primary bedroom retreat, complete with a walk-in closet and private ensuite. Two additional well-appointed bedrooms, a full bathroom, and convenient second-floor laundry, provide ample space for a growing family, ensuring comfort and privacy for all. The fully finished walkout basement is a standout feature of this home, offering exceptional versatility and income potential. Complete with its own kitchen, full bathroom, and separate laundry, this space is ideal for extended family, guests, or as a potential in-law suite or rental opportunity. This move-in ready home combines bright, spacious interiors with incredible functionality and flexibility-perfect for families looking to settle into one of Burlington's most desirable communities.Brokerage Remarks

Key facts

Property type
Detached, 2-Storey
MLS®
W13472292
Bedrooms
4
Bathrooms
4 (1 half)
Size
1500-2000
Lot
36.09 × 75.46 ft
Cross streets
Upper Middle Road
Parking
1 garage · 3 parking (attached)
Driveway
Private Double
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Poured Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$5,305 / 2025
Days on market
26
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.

Rooms

LaundryBasement3.50 × 2.21 m
BathroomBasement2.65 × 1.65 m
Primary BedroomSecond5.33 × 3.96 m
Dining RoomMain4.95 × 3.68 m

Gas Fireplace

BedroomSecond4.19 × 2.69 m
BathroomSecond2.75 × 1.68 m
Family RoomMain3.40 × 3.46 m

bay window · open concept

BathroomMain1.32 × 1.63 m
BreakfastMain4.01 × 3.40 m

Vaulted Ceiling(s)

BedroomSecond3.48 × 3.05 m
BathroomSecond2.75 × 2.31 m
KitchenBasement4.75 × 2.34 m
KitchenMain5.18 × 3.40 m
Living RoomBasement4.17 × 3.30 m
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. Sutton at Blue Spruce 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.

  • Walk-out basement: natural light and strong in-law or income potential.
  • 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.
  • Income potential
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.27Mavg asking

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

2194 Yorkshire Crescent$1.60M341 Appleby Line$1.10M1007 North Shore Boulevard$1.38M2450 Overton Drive$1.15M5010 Bunton Crescent$1.10M

The 5 closest of 6 active listings nearby.

See all comparable homes
1.50MThis home1.60M1.10M1.38M1.15M1.10MThis home vs active comparables
Live market pulseActive comparables in Orchard · median list $1.10M
$857this home / sqft
6active listings nearby
26days on market

This home lists 31% above the area average of $654/sqft.

16 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

Orchard, 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

52/ 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: Sutton at Blue Spruce, about 488 m away

14 transit stops3 dining15 parks1 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
Alton
$1.40M
Appleby
$1.16M
Palmer
$1.30M
Shoreacres
$2.25M

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
$6,832/mo
$277KIncome needed
5.4×Price ÷ income
$1,577Weekly 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.

94%mortgage
Mortgage $6,832Property tax $442Total carry $7,274

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)
$6,399per month

Mortgage amount $1,199,200 · 4.14% over 25 years

$299,800Down payment (20.0%)
$1,199,200Loan before insurance
$0CMHC premium
$6,841Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,399
Property tax
$442
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,841

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

One-time closing costs

Ontario land transfer tax
$26,455
Estimated closing costs
$26,455

Plus your down payment of $299,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,773/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

$720,613Total interest paid
$1,919,813Total of all payments
Principal $1,199,200 Interest $720,613
YearPrincipalInterestBalance
1$28,093$48,699$1,171,107
2$29,268$47,524$1,141,839
3$30,492$46,300$1,111,346
4$31,768$45,025$1,079,578
5$33,097$43,696$1,046,482
6$34,481$42,311$1,012,000
7$35,923$40,869$976,077
8$37,426$39,367$938,651
9$38,991$37,801$899,660
10$40,622$36,170$859,037
11$42,322$34,471$816,716
12$44,092$32,701$772,624
13$45,936$30,856$726,688
14$47,858$28,935$678,830
15$49,859$26,933$628,971
16$51,945$24,848$577,026
17$54,118$22,675$522,908
18$56,381$20,411$466,526
19$58,740$18,053$407,787
20$61,197$15,596$346,590
21$63,757$13,036$282,833
22$66,423$10,369$216,410
23$69,202$7,591$147,208
24$72,096$4,696$75,112
25$75,112$1,680$0

At the end of your 5-year term

Total paid over the term
$383,963
Principal paid down
$152,718
Interest paid
$231,244
Balance remaining
$1,046,482

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.

2.5%
Gross yield
− Property tax $5,305− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,937

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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