5322 Windermere Drive, Burlington, ON

Appleby, Burlington · MLS® W13514092

$1,130,000
For Sale
Listed 15 days ago
4Bedrooms
2Bathrooms
5Parking
700-1100Sq Ft

About this home

From the moment you turn onto this quiet, tree-lined street, you'll feel it - the kind of neighbourhood where kids play outside and neighbours know each other. And this three-level side-split fits right in. Inside, the main floor was fully refreshed in 2024 with new flooring, updated doors, and a walk-out to the backyard that makes evenings at home feel like a getaway. The kitchen is the heart of it all - porcelain countertops, stainless steel appliances, and a sleek invisible cooktop that'll have your guests asking questions at every dinner party. Three comfortable bedrooms upstairs, a full 4-piece bath, and a layout that just works. Downstairs, a fully self-contained studio apartment with its own entrance, kitchen, bathroom, and laundry. Whether it's rental income, a space for aging parents, or a private retreat - the flexibility here is genuinely rare. Step outside and you've got a backyard made for living: fully fenced, majestic trees, privacy, a large patio, an on-ground pool, and landscaped grounds that make summer feel like it lasts longer. Wide driveway and no sidewalk. Top-rated schools, parks, transit, and highways are all just minutes away. Don't miss your chance to make it yours.

Key facts

Property type
Detached, Sidesplit 3
MLS®
W13514092
Bedrooms
4 (3 + 1)
Bathrooms
2
Size
700-1100
Lot
65 × 113 ft
Cross streets
Appleby & Spruce
Parking
5 parking
Driveway
Private Double
Basement
Finished with Walk-Out, Separate Entrance, Apartment, Full, Finished, Walk-Out, Crawl Space
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
On Ground, Outdoor
Property tax
$5,452 / 2026
Days on market
15
Listing brokerage
ROYAL LEPAGE REALTY PLUS

Rooms

BedroomSecond3.08 × 2.44 m
BedroomSecond3.11 × 3.05 m
LaundryBasement2.44 × 1.71 m
KitchenMain3.41 × 2.74 m
KitchenBasement2.83 × 2.80 m
Living RoomMain5.27 × 3.99 m
Family RoomBasement5.67 × 4.05 m

Fireplace

Dining RoomMain3.17 × 2.74 m
Primary BedroomSecond4.08 × 3.11 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. New at Hampton Heath is about a 6-minute walk away.

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.
  • Weigh carefully
  • Value driver
Comparable listingsCurrently listed nearby in Appleby · asking prices
$1.10Mavg asking

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

5188 Meadowhill Road$1.18M275 Kent Crescent$1.20M236 Hammersmith Court$919k

The 3 closest active listings nearby.

See all comparable homes
1.13MThis home1.18M1.20M919kThis home vs active comparables
Live market pulseActive comparables in Appleby · median list $1.20M
$1,256this home / sqft
20active listings nearby
15days on market

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

Appleby, 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

60/ 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 Hampton Heath, about 493 m away

20+ transit stops4 grocery20+ dining17 parks6 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.

Shoreacres
$2.26M
Roseland
$1.53M
Orchard
$1.14M
Palmer
$1.30M
Rose
$1.91M

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
$5,150/mo
$214KIncome needed
5.3×Price ÷ income
$1,188Weekly 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 $5,150Property tax $454Total carry $5,604

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)
$4,824per month

Mortgage amount $904,000 · 4.14% over 25 years

$226,000Down payment (20.0%)
$904,000Loan before insurance
$0CMHC premium
$5,278Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,824
Property tax
$454
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,278

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

One-time closing costs

Ontario land transfer tax
$19,075
Estimated closing costs
$19,075

Plus your down payment of $226,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,859/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

$543,224Total interest paid
$1,447,224Total of all payments
Principal $904,000 Interest $543,224
YearPrincipalInterestBalance
1$21,178$36,711$882,822
2$22,063$35,826$860,759
3$22,986$34,903$837,773
4$23,948$33,941$813,825
5$24,949$32,939$788,875
6$25,993$31,896$762,882
7$27,080$30,809$735,802
8$28,213$29,676$707,589
9$29,393$28,496$678,196
10$30,623$27,266$647,573
11$31,904$25,985$615,670
12$33,238$24,651$582,431
13$34,628$23,261$547,803
14$36,077$21,812$511,726
15$37,586$20,303$474,141
16$39,158$18,731$434,983
17$40,796$17,093$394,187
18$42,502$15,387$351,684
19$44,280$13,609$307,404
20$46,132$11,757$261,272
21$48,062$9,827$213,210
22$50,072$7,817$163,138
23$52,167$5,722$110,971
24$54,349$3,540$56,622
25$56,622$1,267$0

At the end of your 5-year term

Total paid over the term
$289,445
Principal paid down
$115,125
Interest paid
$174,320
Balance remaining
$788,875

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
0.8%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

1.5%
Gross yield
− Property tax $5,452− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $8,634

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

CallRequest a showing