1404 Bunnell Drive, Burlington, ON

Mountainside, Burlington · MLS® W13511136

$699,000
For Sale
Listed 15 days ago
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3Bedrooms
1Bathrooms
3Parking
700-1100Sq Ft

About this home

Opportunity Knocks in Burlington's Sought-After Mountainside Neighbourhood! Unlock the incredible potential of this detached 3-bedroom bungalow situated on a generous 50 x 120 ft lot on a quiet, family-friendly street. Whether you're a first-time buyer ready to roll up your sleeves, a renovator searching for your next project, an investor looking to add value, or a builder envisioning something new, this property offers endless possibilities. The home features 3 bedrooms, 1 bathroom, a partially finished basement with workshop, abundant storage, and a spacious backyard complete with a large in-ground pool-ready to become your own private summer retreat. The driveway accommodates 3-4 vehicles, and 3 storage sheds are included. Location is everything, and this one delivers! Just minutes to parks, schools, shopping, restaurants, coffee shops, Burlington Centre, and convenient highway access for commuters. Properties with this size lot, unbeatable location, and incredible potential don't come along often. Bring your vision and transform this diamond in the rough into something truly special! Estate sale. Property and inground pool is being sold in "as is, where is" condition without representations or warranties. Don't miss your chance to unlock the potential this property has to offer!

Key facts

Property type
Detached, Bungalow
MLS®
W13511136
Bedrooms
3
Bathrooms
1
Size
700-1100
Lot
50 × 120 ft
Cross streets
Mt Royal Ave and Bunnell Dr.
Parking
3 parking
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$4,640 / 2026
Days on market
15
Listing brokerage
RIGHT AT HOME REALTY

Rooms

RecreationBasement7.02 × 4.43 m
Bedroom 2Main2.89 × 2.54 m
WorkshopBasement3.45 × 2.23 m
BathroomMain2.01 × 2.03 m

4 Pc Bath

LaundryBasement3.65 × 2.34 m
BedroomMain3.43 × 2.49 m
Living RoomMain4.93 × 3.76 m
Bedroom 3Main2.87 × 2.54 m
KitchenMain3.73 × 2.54 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$954Kest. value

Listed at $699,000, this home is about 27% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Below comparable homes on total price, yet the price per square foot ($777/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

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

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.06M, 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 $1.30M
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $1.25M

That comparable adjusts to $1.25M; the $954K estimate above is the median of all 7 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. Mount Forest at Tyrrell is about a 4-minute walk away.

List price
$699KGreat deal$1.18MOverpriced

Total price vs nearby homes. Fair value about $954K, median of 7 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.
  • 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.
  • 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
$1.13Mavg asking

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

275 Kent Crescent$1.20M2345 Gibbon Street$750k569 CRANE Court$999k1368 2 Side Road$1.40M715 Drury Lane$1.30M

The 5 closest of 7 active listings nearby.

See all comparable homes
699kThis home1.20M750k999k1.40M1.30MThis home vs active comparables
Live market pulseActive comparables in Mountainside · median list $969K
$777this home / sqft
8active listings nearby
15days on market

This home lists 1% below the area average of $786/sqft.

5 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

Mountainside, 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

69/ 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: Mount Forest at Tyrrell, about 288 m away

20+ transit stops2 grocery20+ 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.

Tyandaga
$2.07M
Brant Hills
$1.08M
Palmer
$1.30M
Brant
$1.43M
LaSalle
$1.19M

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
$3,186/mo
$138KIncome needed
5.1×Price ÷ income
$735Weekly 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.

89%mortgage
Mortgage $3,186Property tax $387Total carry $3,572

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%
$
%
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)
$2,984per month

Mortgage amount $559,200 · 4.14% over 25 years

$139,800Down payment (20.0%)
$559,200Loan before insurance
$0CMHC premium
$3,371Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,984
Property tax
$387
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,371

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

One-time closing costs

Ontario land transfer tax
$10,455
Estimated closing costs
$10,455

Plus your down payment of $139,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,624/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

$336,030Total interest paid
$895,230Total of all payments
Principal $559,200 Interest $336,030
YearPrincipalInterestBalance
1$13,100$22,709$546,100
2$13,648$22,161$532,452
3$14,219$21,590$518,233
4$14,814$20,995$503,419
5$15,433$20,376$487,986
6$16,079$19,730$471,907
7$16,751$19,058$455,155
8$17,452$18,357$437,703
9$18,182$17,627$419,521
10$18,943$16,866$400,578
11$19,735$16,074$380,843
12$20,561$15,249$360,283
13$21,421$14,389$338,862
14$22,317$13,493$316,546
15$23,250$12,559$293,296
16$24,222$11,587$269,073
17$25,236$10,573$243,838
18$26,291$9,518$217,546
19$27,391$8,418$190,155
20$28,537$7,272$161,619
21$29,730$6,079$131,888
22$30,974$4,835$100,914
23$32,270$3,540$68,645
24$33,619$2,190$35,026
25$35,026$784$0

At the end of your 5-year term

Total paid over the term
$179,046
Principal paid down
$71,214
Interest paid
$107,832
Balance remaining
$487,986

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$1,450/mo
$17,400Gross annual rent
1.4%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.

2.5%
Gross yield
− Property tax $4,640− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $9,446

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

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