308 Appleby Line, Burlington, ON
Shoreacres, Burlington · MLS® W13475180
About this home
Welcome to this exceptional custom-built residence in Shoreacres, one of Burlington's most prestigious neighbourhoods. Built within the last five years, this stunning two-storey home offers approximately 2,700 sq. ft. of beautifully finished living space including a fully finished lower level, blending timeless design with modern luxury. The spacious foyer welcomes you into an open-concept main level featuring rich engineered hardwood flooring and upscale finishes throughout. The elegant formal dining room boasts coffered ceilings and connects to the kitchen via a stylish servery. At the heart of the home, the chef's kitchen impresses with a large centre island, quartz countertops, premium stainless steel appliances, pot filler, custom white cabinetry with gold hardware, and a stunning herringbone backsplash. The family room features a soaring two-storey coffered ceiling, gas fireplace, and direct backyard access. A powder room and mudroom with garage access complete the main level. Upstairs offers three generous bedrooms, including a luxurious primary retreat with walk-in closet and four-piece ensuite. Two additional bedrooms share a five-piece Jack-and-Jill bath with dual quartz vanity. Bedroom-level laundry with custom cabinetry adds everyday convenience. The finished lower level features a recreation room, wet bar, fourth bedroom, three-piece bath, and ample storage - ideal for guests or extended family. A separate side entrance offers in-law suite potential. Outside, enjoy outstanding curb appeal, a four-car driveway, and a large private backyard. A rare turnkey opportunity in one of Burlington's most desirable neighbourhoods.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13475180
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500
- Lot
- 56.68 × 87.01 ft
- Cross streets
- Appleby Line & Spruce Avenue
- Parking
- 1 garage · 5 parking (attached)
- Driveway
- Private
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $8,705 / 2025
- Days on market
- 25
- Listing brokerage
- THE AGENCY
Rooms
laminate · pot lights · window
coffered ceiling(s) · pot lights · large window
hardwood floor · semi ensuite · large window
laminate · pot lights · window
hardwood floor · backsplash · quartz counter
hardwood floor · 4 pc ensuite · walk-in closet(s)
coffered ceiling(s) · w/o to yard · fireplace
stainless steel appl · centre island · quartz counter
hardwood floor · semi ensuite · large window
Listed at $1,590,000, this home is about 28% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
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 $2.16M, 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 $2.25M
- Bathrooms +$15K
- Adjusts to $2.26M
That comparable adjusts to $2.26M; the $2.21M 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, this is a very walkable address with everyday errands close by. Appleby at Spruce is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $2.21M, 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.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Value driver
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 28% below the area average of $977/sqft.
15 days longer than the Burlington average (10 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Shoreacres, Burlington, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very 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.
Most daily errands can be done on foot.
🚉 Nearest transit: Appleby at Spruce, about 140 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,272,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,788
- Property tax
- $725
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,513
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,275
- Estimated closing costs
- $28,275
Plus your down payment of $318,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $407,272
- Principal paid down
- $161,990
- Interest paid
- $245,282
- Balance remaining
- $1,110,010
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of THE AGENCY. MLS®/PropTx.