1121 Forestvale Drive, Burlington, ON
Tyandaga, Burlington · MLS® W13514614
About this home
Welcome to this exceptional ravine estate in prestigious Tyandaga where luxury living meets unmatched flexibility. Set on a rare 102 x 220 wooded lot backing directly onto a protected ravine with no rear neighbours, this solid brick executive home offers over 6,300 sq ft of finished living space across three fully equipped levels. The main level impresses with 9 ft ceilings, hardwood floors, crown moulding, and a renovated Gravelle Woodworking chef's kitchen with granite counters, maple cabinetry, and ravine views. A front entry office with custom oak cabinetry allows client visits without disrupting household life. The family room features a stone gas fireplace and panoramic ravine views. Upstairs, four bedrooms include a primary suite with bay window, walk-in closet, and spa-inspired 6 piece ensuite, plus a second ensuite bedroom with stunning Skyway Bridge and lake views. The fully self-contained lower level offers exceptional multi-generational living or home business potential with two large bedrooms each with ensuites, eat-in kitchen, three living areas, laundry, and a private garage entrance completely separate from the main home. Triple garage with epoxy floors (2024), new 5 ton AC (2024, 10 year warranty), roof 8 years, composite deck, stone fountain, fully fenced. A rare offering where privacy, nature, and versatility meet.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13514614
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 6 (1 half)
- Size
- 3500-5000
- Lot
- 102 × 202 ft
- Cross streets
- Kerns and Forestvale
- Parking
- 3 garage · 9 parking (attached)
- Driveway
- Private Triple
- Basement
- Separate Entrance, Full, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $15,001 / 2025
- Days on market
- 15
- Listing brokerage
- RE/MAX ESCARPMENT GOLFI REALTY INC.
Rooms
4 Pc Ensuite
4 Pc Bath
4 Pc Bath
french doors · hardwood floor
Eat-in Kitchen
Tile Floor
Tile Floor
4 Pc Bath
4 Pc Bath
french doors · hardwood floor
french doors · hardwood floor · wainscoting
2 Pc Bath
fireplace · french doors · hardwood floor
Listed at $2,289,900, this home is about 30% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Tyandaga, so I widened the search to the surrounding area.
Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.54M, a close match.
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 $5.00M
- Bedrooms +$30K
- Bathrooms +$15K
- Adjusts to $5.04M
That comparable adjusts to $5.04M; the $3.25M estimate above is the median of all 8 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. Kerns at Tyandaga Park is about a 3-minute walk away.
Total price vs nearby homes. Fair value about $3.25M, median of 8 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Primary suite: a key comfort and resale feature.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Worth verifying
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 31% below the area average of $782/sqft.
5 days longer than the Burlington average (10 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Tyandaga, Burlington, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Somewhat 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.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: Kerns at Tyandaga Park, about 250 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 $1,831,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,776
- Property tax
- $1,250
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,026
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $43,723
- Estimated closing costs
- $43,723
Plus your down payment of $457,980. 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
- $586,548
- Principal paid down
- $233,295
- Interest paid
- $353,253
- Balance remaining
- $1,598,625
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
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 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 ESCARPMENT GOLFI REALTY INC.. MLS®/PropTx.