308 South Court, Burlington, ON

Roseland, Burlington · MLS® W13478440

$1,599,000
For Sale
Listed 24 days ago
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3Bedrooms
2Bathrooms
2Garage · 6 parking
1500-2000Sq Ft

About this home

A rare opportunity to own in the heart of Roseland - cherished by the same family since 1970 and offered for the first time in over 50 years. Set on a quiet, family-friendly court, this well-maintained 3-bedroom, 2-bathroom side split offers 1720 sq ft of living space + finished basement ready for your personal touch. Sun-soaked mornings greet you through east-facing windows, filling the home with natural light from the moment your day begins. The generous layout includes a sprawling main floor living room, a dedicated home office, and a spacious laundry room - all anchored by an attached double garage. Upstairs, three comfortable bedrooms surround a full bathroom, with a primary suite offering ample space to create the retreat you've always envisioned. Original in condition but impeccably cared for, this is the canvas you've been waiting for - move in and enjoy as-is, or reimagine it into your dream home. Nestled in one of Burlington's most sought-after neighbourhoods, close to the lake, top-rated schools, the QEW, and all the shops and restaurants Roseland has to offer. Homes like this - on a quiet court, in a neighbourhood this established, held this long - simply don't come along often. Don't miss your chance to write the next chapter.

Key facts

Property type
Detached, Sidesplit
MLS®
W13478440
Bedrooms
3
Bathrooms
2 (1 half)
Size
1500-2000
Lot
80 × 137 ft
Cross streets
Lakeshore Rd / Pomona Avenue
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,695 / 2025
Days on market
24
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Bedroom 3Upper3.12 × 4.14 m
Primary BedroomUpper4.00 × 4.26 m
KitchenMain3.94 × 3.72 m
Living RoomMain5.30 × 3.96 m
Dining RoomMain3.33 × 3.87 m
Bedroom 2Upper3.23 × 4.14 m
Moe’s TakeTeam Asgarian · Broker
In line
$1.45Mest. value

Listed at $1,599,000, this home is within the range of comparable homes, on the higher 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 $1.74M, a bit higher. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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
  • Adjusts to $1.10M

That comparable adjusts to $1.10M; the $1.45M 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 Rossmore is about a 6-minute walk away.

List price
$1.10MGreat deal$1.80MOverpriced

Total price vs nearby homes. Fair value about $1.45M, 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$1.33Mavg asking

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

195 Wilton Street$1.80M342 Bryant Crescent$1.10M572 Bridgman Avenue$1.10M

The 3 closest active listings nearby.

See all comparable homes
1.60MThis home1.80M1.10M1.10MThis home vs active comparables
Live market pulseActive comparables in Roseland · median list $1.80M
$914this home / sqft
14active listings nearby
24days on market

This home lists 13% below the area average of $1,052/sqft.

14 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

54/ 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 Rossmore, about 487 m away

20+ transit stops16 dining11 parks5 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.

Brant
$1.43M
Shoreacres
$2.25M
Mountainside
$879K
Palmer
$1.30M
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
$7,288/mo
$301KIncome needed
5.3×Price ÷ income
$1,682Weekly 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 $7,288Property tax $641Total carry $7,929

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)
$6,826per month

Mortgage amount $1,279,200 · 4.14% over 25 years

$319,800Down payment (20.0%)
$1,279,200Loan before insurance
$0CMHC premium
$7,468Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,826
Property tax
$641
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,468

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

One-time closing costs

Ontario land transfer tax
$28,455
Estimated closing costs
$28,455

Plus your down payment of $319,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,291/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

$768,686Total interest paid
$2,047,886Total of all payments
Principal $1,279,200 Interest $768,686
YearPrincipalInterestBalance
1$29,967$51,948$1,249,233
2$31,221$50,695$1,218,012
3$32,527$49,389$1,185,485
4$33,887$48,028$1,151,598
5$35,305$46,611$1,116,294
6$36,781$45,134$1,079,512
7$38,320$43,596$1,041,192
8$39,923$41,993$1,001,270
9$41,593$40,323$959,677
10$43,332$38,583$916,345
11$45,145$36,770$871,200
12$47,033$34,882$824,166
13$49,001$32,915$775,166
14$51,050$30,865$724,115
15$53,186$28,730$670,930
16$55,410$26,505$615,520
17$57,728$24,187$557,792
18$60,143$21,773$497,649
19$62,658$19,257$434,991
20$65,279$16,636$369,711
21$68,010$13,906$301,702
22$70,855$11,061$230,847
23$73,818$8,097$157,029
24$76,906$5,009$80,123
25$80,123$1,793$0

At the end of your 5-year term

Total paid over the term
$409,577
Principal paid down
$162,906
Interest paid
$246,671
Balance remaining
$1,116,294

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
1.5%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.

2.4%
Gross yield
− Property tax $7,695− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $24,547

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

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