356 Shoreacres Road, Burlington, ON
Shoreacres, Burlington · MLS® W13494224
About this home
**Property NOT on Shoreacres Creek Floodplain or under conservation control** Welcome home to this beautiful, executive home in the highly sought-after Shoreacres community, where refined living meets everyday comfort. Offering over 4700sqft, this 4Bed, 3+1 Bath home delivers both elegance and functionality in equal measure. A stately exterior, framed by mature landscaping, a stone driveway, and a charming walkway, creates a lasting first impression. Inside, a grand foyer with a sweeping Scarlett O'Hara staircase sets the tone connecting to formal living/dining rooms with rich Canadian ash hardwood flooring. The eat-in kitchen flows into a sun-filled family room with custom built-ins, theatre screen & wood-burning fireplace. The mudroom with German lime flooring, built-in desk & lockers provides access to the three-car garage. A private main-floor office/parlor with pocket doors and custom shelving adds versatility. Upstairs, natural light pours through vaulted ceilings and a skylit hallway. 4 spacious bedrooms include a primary retreat with walk-through closets and a spa-inspired ensuite with double vanities, Carrara marble flooring, a custom glass shower, bespoke cabinetry, and an oversized soaker tub. An upper-level laundry room enhances everyday convenience. The fully finished lower level offers additional living space with ample storage and a beautifully renovated full bathroom. Designer finishes throughout include Farrow & Ball paint, Designer light fixtures, Hunter Douglas blinds, and a Restoration Hardware vanity with Statuario marble countertops and Statuario marble flooring in the secondary bathroom with Banksy graffiti tile. Your private backyard oasis, complete with a newly updated covered porch, a saltwater pool (pump2026) and meticulously maintained gardens. Located on one of South Burlington's most prestigious streets within the sought-after Tuck/Nelson school district & steps to Lake Ontario, Paletta Park, waterfront trails,& GO Transit.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13494224
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Size
- 3500-5000
- Lot
- 66.74 × 135.95 ft
- Cross streets
- Lakeshore Rd W/Shoreacres
- Parking
- 3 garage · 7 parking (attached)
- Driveway
- Available, Private Double
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground, Salt
- Property tax
- $11,222 / 2026
- Days on market
- 21
- Listing brokerage
- RE/MAX ABOUTOWNE REALTY CORP.
Rooms
Listed at $2,698,000, this home is about 32% 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 $2.42M, lower than the comparables and worth a second look.
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 $4.20M
- Bedrooms −$30K
- Bathrooms −$15K
- Adjusts to $4.15M
That comparable adjusts to $4.15M; the $3.95M 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 Shoreacres is about a 4-minute walk away.
Total price vs nearby homes. Fair value about $3.95M, 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- 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.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Value driver
- Weigh carefully
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 31% below the area average of $914/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 Shoreacres, about 306 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 $2,158,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,518
- Property tax
- $935
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,453
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $53,925
- Estimated closing costs
- $53,925
Plus your down payment of $539,600. 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
- $691,081
- Principal paid down
- $274,873
- Interest paid
- $416,209
- Balance remaining
- $1,883,527
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 RE/MAX ABOUTOWNE REALTY CORP.. MLS®/PropTx.