1315 Britannia Road, Burlington, ON

Rural Burlington, Burlington · MLS® W13500900

$2,899,900
For Sale
Listed 85 days agoNo offer date statedSitting longer than typical
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4Bedrooms
3Bathrooms
2Garage · 12 parking
2500-3000Sq ft

About this home

In short

  • Fully reimagined modern farmhouse bungalow on a private ~1-acre Rural Burlington lot backing onto open farmland with no rear neighbours.
  • Taken down to the studs and completed in 2021, this design-led home offers approx.
  • 2,718 sq. ft. of main-floor living with 4 bedrooms, 3 bathrooms, wide-plank hardwood, quartz counters, premium trimwork, custom Enrich It millwork and a sun-filled...
  • The designer kitchen features custom cabinetry, furniture-style hickory island, panel-ready Bosch fridge/freezer, Bosch propane range, integrated...
  • The primary suite offers a cathedral ceiling with beams, walkout, walk-in closet and spa-inspired 5-piece ensuite.

Fully reimagined modern farmhouse bungalow on a private ~1-acre Rural Burlington lot backing onto open farmland with no rear neighbours. Taken down to the studs and completed in 2021, this design-led home offers approx. 2,718 sq. ft. of main-floor living with 4 bedrooms, 3 bathrooms, wide-plank hardwood, quartz counters, premium trimwork, custom Enrich It millwork and a sun-filled open-concept layout. The designer kitchen features custom cabinetry, furniture-style hickory island, panel-ready Bosch fridge/freezer, Bosch propane range, integrated dishwasher/microwave, pantry storage and custom hutch/bar area. The primary suite offers a cathedral ceiling with beams, walkout, walk-in closet and spa-inspired 5-piece ensuite. Four-season sunroom/office, covered porch with lighting/fan, deck, fire pit, fenced dog run and exceptional privacy create ideal indoor-outdoor living. Major rural infrastructure completed, including comprehensive Water Depot treatment system, Waterloo Biofilter septic system, propane HVAC, central air and professional drainage/grading. Minutes to Mount Nemo, golf, stables, Carlisle, Springridge Farm and Burlington amenities.

Key facts

Property type
Detached, Bungalow
MLS®
W13500900
Bedrooms
4
Bathrooms
3 (1 half)
Size
2500-3000 sq ft
Lot
200 × 200 ft
Cross streets
Britannia/Cedar Springs Road
Parking
2 garage · 12 parking (attached)
Driveway
Private
Basement
Crawl Space, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Board & Batten , Vinyl Siding
Foundation
Concrete, Concrete Block
Roof
Asphalt Shingle, Metal
Sewer
Septic
Property tax
$7,336 / 2026
Days on market
85
Listing brokerage
SUTTON GROUP - SUMMIT REALTY INC.

Rooms

Primary BedroomMain8.23 × 6.05 m

5 pc ensuite · walk-in closet(s) · w/o to yard

FoyerMain3.20 × 1.95 m

hardwood floor · closet

Bedroom 2Main3.61 × 3.19 m

hardwood floor · window · closet

Dining RoomMain8.03 × 3.88 m

hardwood floor · b/i bar · overlooks frontyard

LaundryMain3.55 × 2.16 m

laundry sink · tile floor · pocket doors

KitchenMain5.83 × 3.18 m

b/i appliances · quartz counter · overlooks backyard

OfficeMain4.26 × 3.46 m

hardwood floor · w/o to deck · window

Living RoomMain5.75 × 4.26 m

w/o to patio · w/o to yard · fireplace

Bedroom 3Main3.61 × 2.95 m

hardwood floor · window · closet

Bedroom 4Main3.30 × 2.79 m

hardwood floor · window · closet

Our TakeTeam Asgarian · Broker
A discount is typical here
$2.76Mlikely sale price

Listed at $2,899,900. Going by how homes in Rural Burlington and the wider GTA have actually closed against their asking prices (about 95%, 12 local closings in 90 days), the likely sale price is near $2.76M, if it sells. A realistic range is $2.59M to $3.11M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

Longer on the market than typical. 85 days on the market against about 51 for homes like it here, and asking 82% above where comparable closings put it.

List price
$2.59MBelow recent closings$3.11MAbove recent closings

Total price vs nearby homes. Likely closing about $2.76M, from 12 recent closings in this pocket.

The market behind the math:

12sold nearby · 90 days
$1.81Mmedian sold price
89%of asking, on average
+20%prices vs a year ago
~49 dayshomes like this take to sell
85days on market so far
$4,752/moest. rent · 9 leases
2.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.3 months of inventory: 5 detached homes for sale in the area against 12 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,055/sqft against an area asking average of $1,053/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 12 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.79M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($1,055/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Rural Burlington, so I widened the search to the surrounding area.

Based on 12 comparable homes that sold in Rural Burlington over the past two years, from 74 closings there.

What sellers nearby are askingCurrently listed nearby in Rural Burlington · asking prices
$2.21Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.59M, which is where my estimate comes from.

Per square foot, these ask about $821/sqft; this home lists at $1,055/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
2.90MThis home2.85M2.40M1.78M2.60M1.40MThis home vs active comparables

Neighbourhood & location

Rural Burlington, 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Alton
$1.48M
Brant Hills
$1.16M
Headon
$1.15M
Tyandaga
$2.00M
Rose
$1.90M

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
$13,217/mo
$522KIncome needed
5.6×Price ÷ income
$3,050Weekly cost
$58,973Land transfer tax, one-time (Ontario)
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.

96%mortgage
Mortgage $13,217Property tax $611Total carry $13,828

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.

4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12,699per month

Mortgage amount $2,319,920 · 4.39% over 25 years

$579,980Down payment (20.0%)
$2,319,920Loan before insurance
$0CMHC premium
$13,310Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,699
Property tax
$611
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,310

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

One-time closing costs

Ontario land transfer tax
$58,973
Estimated closing costs
$58,973

Plus your down payment of $579,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$15,385/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

$1,489,673Total interest paid
$3,809,593Total of all payments
Principal $2,319,920 Interest $1,489,673
YearPrincipalInterestBalance
1$52,497$99,887$2,267,423
2$54,827$97,557$2,212,596
3$57,260$95,124$2,155,336
4$59,801$92,582$2,095,535
5$62,456$89,928$2,033,079
6$65,227$87,156$1,967,852
7$68,122$84,261$1,899,729
8$71,146$81,238$1,828,583
9$74,303$78,080$1,754,280
10$77,601$74,783$1,676,679
11$81,045$71,339$1,595,634
12$84,642$67,742$1,510,992
13$88,399$63,985$1,422,593
14$92,322$60,062$1,330,271
15$96,419$55,964$1,233,852
16$100,699$51,685$1,133,153
17$105,168$47,216$1,027,986
18$109,835$42,548$918,150
19$114,710$37,674$803,440
20$119,801$32,583$683,639
21$125,118$27,266$558,521
22$130,671$21,713$427,850
23$136,470$15,913$291,380
24$142,527$9,857$148,853
25$148,853$3,531$0

At the end of your 5-year term

Total paid over the term
$761,919
Principal paid down
$286,841
Interest paid
$475,078
Balance remaining
$2,033,079

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
From 9 whole-home leases in Rural Burlington$4,752/mo
$57,024Gross annual rent
1.4%Cap rate after taxes and upkeep
$4,165 to $5,132Typical rent range
~10 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 9 whole-home leases in Rural Burlington signed at a median of $3,500 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,752. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

2.0%
Gross yield
− Property tax $7,336− Insurance $1,400− Vacancy & upkeep $6,273Net operating income $42,015

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

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