4624 Ethel Road, Burlington, ON

Alton, Burlington · MLS® W13473662

$1,675,000
For Sale
Listed 25 days ago
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4Bedrooms
4Bathrooms
2Garage · 4 parking
2500-3000Sq Ft

About this home

Stunning 2914 sq ft home on a premium pie-shaped lot in the sought-after and family-friendly neighbourhood of Alton Village! Double-Door front entry! This home radiates with natural light! Spacious eat-in kitchen with an island and stainless steel appliances throughout. Access from the kitchen to the formal dining room and family room, with a cut-moulding feature wall and a gas fireplace! Upgraded hardwood floors throughout the main floor, pot lights and accent lighting! Sleep in comfort and peace of mind with the Nest Home (thermostat) and integrated Nest Protect System (smoke, fire, CO2 detectors). Walk out to the deck and patio to lounge under a beautiful pergola in an outdoor haven for summer days! Spacious backyard perfect for kids or pets! Main-floor laundry room/mudroom with ample storage space and garage access. Hardwood stairs and landing, featuring a moulding accent wall, leading to a cozy nook on the second floor for added living space, ideal for use as an office or sitting area! 4 bedrooms with 3 bathrooms on the second floor! All bedrooms have large windows, with ample lighting! The primary bedroom has a large en-suite with a deep soaker tub, a walk-in glass shower, a spacious walk-in closet, and another feature wall! The two-car garage includes automatic door openers and upgraded R19 steel garage doors for added warmth and security! Close to schools, shopping, restaurants, conservation trails, and parks, with easy access to major highways! This exceptional home offers the perfect combination of comfort and style and much, much more! Must be Seen! Easy Showings!

Key facts

Property type
Detached, 2-Storey
MLS®
W13473662
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000
Lot
33 × 94 ft
Cross streets
Appleby/Dundas St
Parking
2 garage · 4 parking (attached)
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle, Fibreglass Shingle
Sewer
Sewer
Property tax
$8,288 / 2025
Days on market
25
Listing brokerage
WEISS REALTY LTD.

Rooms

KitchenMain6.60 × 3.87 m
Primary BedroomSecond5.99 × 4.73 m
BedroomSecond4.37 × 3.72 m
Dining RoomMain5.03 × 4.85 m
BedroomSecond5.75 × 4.15 m
BedroomSecond5.30 × 3.79 m
Living RoomMain6.34 × 3.83 m
Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.54Mest. value

Listed at $1,675,000, this home is about 9% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($609/sqft) is in line with the area, so you are paying for extra space rather than a premium.

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 $1.59M, 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 $1.43M
  • Bathrooms +$15K
  • Adjusts to $1.44M

That comparable adjusts to $1.44M; the $1.54M 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. Dundas St + Cornerstone Dr is about a 3-minute walk away.

List price
$1.44MGreat deal$1.68MOverpriced

Total price vs nearby homes. Fair value about $1.54M, 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.

  • 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 in Alton · asking prices
$1.56Mavg asking

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

4644 Ethel Road$1.54M3937 Leonardo Street$1.85M3938 Koenig Road$1.40M4670 Bracknell Road$1.60M3342 Cline Street$1.43M

The 5 closest active listings nearby.

See all comparable homes
1.68MThis home1.54M1.85M1.40M1.60M1.43MThis home vs active comparables
Live market pulseActive comparables in Alton · median list $1.54M
$609this home / sqft
12active listings nearby
25days on market

This home lists 0% above the area average of $606/sqft.

15 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

69/ 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: Dundas St + Cornerstone Dr, about 213 m away

20+ transit stops6 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.

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
$7,634/mo
$316KIncome needed
5.3×Price ÷ income
$1,762Weekly 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 $7,634Property tax $691Total carry $8,325

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)
$7,151per month

Mortgage amount $1,340,000 · 4.14% over 25 years

$335,000Down payment (20.0%)
$1,340,000Loan before insurance
$0CMHC premium
$7,841Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,151
Property tax
$691
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,841

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

One-time closing costs

Ontario land transfer tax
$29,975
Estimated closing costs
$29,975

Plus your down payment of $335,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,685/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

$805,221Total interest paid
$2,145,221Total of all payments
Principal $1,340,000 Interest $805,221
YearPrincipalInterestBalance
1$31,392$54,417$1,308,608
2$32,705$53,104$1,275,904
3$34,073$51,736$1,241,831
4$35,498$50,311$1,206,333
5$36,983$48,826$1,169,351
6$38,530$47,279$1,130,821
7$40,141$45,668$1,090,680
8$41,820$43,989$1,048,860
9$43,570$42,239$1,005,290
10$45,392$40,417$959,898
11$47,291$38,518$912,607
12$49,269$36,540$863,339
13$51,330$34,479$812,009
14$53,477$32,332$758,532
15$55,713$30,095$702,819
16$58,044$27,765$644,775
17$60,472$25,337$584,303
18$63,001$22,808$521,302
19$65,636$20,172$455,666
20$68,382$17,427$387,284
21$71,242$14,567$316,041
22$74,222$11,587$241,819
23$77,327$8,482$164,492
24$80,561$5,248$83,931
25$83,931$1,878$0

At the end of your 5-year term

Total paid over the term
$429,044
Principal paid down
$170,649
Interest paid
$258,395
Balance remaining
$1,169,351

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
2.8%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.

3.8%
Gross yield
− Property tax $8,288− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $46,382

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

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