258 Camelot Drive, Burlington, ON
Shoreacres, Burlington · MLS® W13493156
About this home
This beautifully maintained four-bedroom family home is located in the highly sought-after Shoreacres neighbourhood. Offered for sale for the first time in 60 years, this is a rare opportunity to make a well-loved home your own. Situated on a generous 75' x 133' lot on a quiet, tree-lined street, the home offers spacious principal rooms and an ideal layout for family living. The welcoming foyer features hardwood flooring and a double closet. The bright living room with bay window and adjoining dining room both have hardwood flooring beneath the carpeting. The eat-in kitchen offers quartz countertops and solid wood cabinetry, while the comfortable family room features a wood-burning fireplace and sliding doors leading to the sunroom with hot tub. Convenient main-floor powder room and access to the double-car garage. Upstairs, hardwood flooring lies beneath the carpeting. The primary bedroom includes a walk-in closet and a three-piece ensuite. Three additional bedrooms and a four-piece main bathroom. The finished lower level includes a large rec room, playroom, laundry/utility and cold room. The private backyard features a concrete pool, mature trees, landscaped gardens, and a pool shed. Walking distance to Nelson High School, John T. Tuck Public School, St. Raphael Elementary, the waterfront and Paletta Lakefront Park. This is an exceptional opportunity in one of Burlington's most established and desirable neighbourhoods.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13493156
- Bedrooms
- 4
- Bathrooms
- 3 (1 half)
- Size
- 2000-2500
- Lot
- 75.16 × 133.28 ft
- Cross streets
- Spruce Avenue
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Full, Partially Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Veneer, Vinyl Siding
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $8,317 / 2025
- Days on market
- 21
- Listing brokerage
- ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Rooms
3 Pc Ensuite
3 pc ensuite · walk-in closet(s)
4 Pc Bath
Listed at $1,800,000, this home is about 20% 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 $1.92M, a bit lower.
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
- Adjusts to $2.25M
That comparable adjusts to $2.25M; the $2.25M 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 Longmoor is about a 9-minute walk away.
Total price vs nearby homes. Fair value about $2.25M, 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- 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.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Weigh carefully
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 16% below the area average of $953/sqft.
11 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
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 Longmoor, about 689 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 $1,440,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,684
- Property tax
- $693
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,377
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $32,475
- Estimated closing costs
- $32,475
Plus your down payment of $360,000. 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
- $461,062
- Principal paid down
- $183,384
- Interest paid
- $277,678
- Balance remaining
- $1,256,616
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 ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES. MLS®/PropTx.