3411 Lansdown Drive, Burlington, ON

Palmer, Burlington · MLS® W13515554

$1,299,900
For Sale
Listed 82 days agoNo offer date statedSitting longer than typical
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5Bedrooms
3Bathrooms
2Garage · 4 parking
1500-2000Sq ft

About this home

In short

  • Five bedrooms above grade, three full bathrooms, and a double garage on a quiet, tree-lined street.
  • A major 2013 renovation added the entire third floor along with new electrical and plumbing, transforming the original 1974 backsplit into a home built around how...
  • The main floor is open concept with hardwood throughout and an updated kitchen featuring quartz counters and stainless appliances.
  • Newer furnace and tankless water heater (2025).
  • Close to schools, parks, playgrounds, creek trails, and shopping, with quick access to the QEW and 407.

Five bedrooms above grade, three full bathrooms, and a double garage on a quiet, tree-lined street. A rare combination in family-friendly Palmer, where most homes offer three bedrooms and a single-car garage. A major 2013 renovation added the entire third floor along with new electrical and plumbing, transforming the original 1974 backsplit into a home built around how families actually live. The main floor is open concept with hardwood throughout and an updated kitchen featuring quartz counters and stainless appliances. A built-in workspace at the end of the kitchen offers room for two, ideal for homework, remote work, or morning coffee. A bright three-season sunroom with heater makes the space usable year-round. The primary bedroom sits on the third floor with a walk-in closet. Two more bedrooms on the same level share a five-piece bath. Two additional bedrooms on the second floor share a four-piece. The finished basement adds a family room with brick fireplace surround (currently non-operational, gas insert possible) and a three-piece bath. Outside, a newer wood-burning sauna offers a spa-quality retreat, fresh, beautifully built, and large enough to share. Newer furnace and tankless water heater (2025). Close to schools, parks, playgrounds, creek trails, and shopping, with quick access to the QEW and 407. Quick close available.

Key facts

Property type
Detached, Backsplit 4
MLS®
W13515554
Bedrooms
5
Bathrooms
3
Size
1500-2000 sq ft
Lot
49.52 × 101 ft
Cross streets
Walkers Line & Palmer
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Crawl Space, Full, Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,142 / 2026
Days on market
82
Listing brokerage
ROYAL LEPAGE MACRO REALTY

Rooms

Dining RoomMain2.97 × 3.00 m

Hardwood Floor

LaundryBasement3.00 × 2.18 m
Bedroom 5Third2.69 × 3.40 m

Hardwood Floor

BathroomThird0.00 × 0.00 m

5 Pc Bath

Living RoomMain3.66 × 4.32 m

hardwood floor · large window · laminate

BathroomSecond0.00 × 0.00 m

4 pc bath · double sink

SunroomMain4.72 × 3.53 m

w/o to patio · hardwood floor

Bedroom 4Third3.00 × 4.72 m

Hardwood Floor

BathroomBasement0.00 × 0.00 m

3 Pc Bath

Family RoomBasement3.63 × 5.23 m

Roughed-In Fireplace

KitchenMain2.62 × 6.10 m

quartz counter · stainless steel appl · hardwood floor

Bedroom 3Second3.86 × 2.74 m

Hardwood Floor

Bedroom 2Second3.10 × 3.89 m

Hardwood Floor

BedroomThird4.62 × 2.95 m

hardwood floor · walk-in closet(s)

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.27Mlikely sale price

Listed at $1,299,900. Going by how homes in Palmer and the wider GTA have actually closed against their asking prices (about 98%, 11 local closings in 90 days), the likely sale price is near $1.27M, if it sells. A realistic range is $1.19M to $1.43M.

Independent value check: $1.09M. Without looking at the asking price, our model values the home itself about 16% below the ask (homes like it typically land between $1.02M and $1.14M).

Why $1.09M. The typical detached home sold in Palmer over the past year went for about $968K (52 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $6,142 a year; the typical home sold here pays about $4,900.
  • ▲ Raises it slightlyIt is 1,500 to 2,000 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▲ Raises it slightly2 garage and 4 total parking spaces, against 1 and 3 typically.
  • ▲ Raises it slightly5 bedrooms and 3 baths, against 3+1 and 2 typically.

Longer on the market than typical. 82 days on the market against about 18 for homes like it here, and asking 19% above where comparable closings put it.

List price
$1.19MBelow recent closings$1.43MAbove recent closings

Total price vs nearby homes. Likely closing about $1.27M, from 11 recent closings in this pocket.

The market behind the math:

11sold nearby · 90 days
$975Kmedian sold price
97%of asking, on average
−8%prices vs a year ago
~8 dayshomes like this take to sell
82days on market so far
$4,539/moest. rent · 8 leases
4.2%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.5 months of inventory: 13 detached homes for sale in the area against 11 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 $743/sqft against an area asking average of $742/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 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.03M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

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

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($743/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 Palmer, so I widened the search to the surrounding area.

Based on 11 comparable homes that sold in Palmer over the past two years, from 95 closings there.

What sellers nearby are askingCurrently listed nearby in Palmer · asking prices
$1.17Mavg 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 $1.09M, which is where my estimate comes from.

Per square foot, these ask about $746/sqft; this home lists at $743/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.30MThis home1.17M1.27M898k1.11M1.38MThis home vs active comparables

Neighbourhood & location

Palmer, 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.

Headon
$1.15M
Rose
$1.90M
Mountainside
$930K
Brant Hills
$1.16M
Shoreacres
$1.94M

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
$5,925/mo
$245KIncome needed
5.3×Price ÷ income
$1,367Weekly cost
$22,473Land 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.

92%mortgage
Mortgage $5,925Property tax $512Total carry $6,436

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%
$
%
4.39%
%
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)
$5,692per month

Mortgage amount $1,039,920 · 4.39% over 25 years

$259,980Down payment (20.0%)
$1,039,920Loan before insurance
$0CMHC premium
$6,204Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,692
Property tax
$512
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,204

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

One-time closing costs

Ontario land transfer tax
$22,473
Estimated closing costs
$22,473

Plus your down payment of $259,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$6,896/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

$667,756Total interest paid
$1,707,676Total of all payments
Principal $1,039,920 Interest $667,756
YearPrincipalInterestBalance
1$23,532$44,775$1,016,388
2$24,577$43,731$991,811
3$25,667$42,640$966,144
4$26,806$41,501$939,338
5$27,996$40,311$911,342
6$29,239$39,068$882,103
7$30,536$37,771$851,567
8$31,892$36,415$819,675
9$33,307$35,000$786,368
10$34,785$33,522$751,583
11$36,329$31,978$715,254
12$37,941$30,366$677,312
13$39,625$28,682$637,687
14$41,384$26,923$596,303
15$43,221$25,086$553,083
16$45,139$23,168$507,944
17$47,142$21,165$460,802
18$49,234$19,073$411,567
19$51,420$16,888$360,148
20$53,702$14,605$306,446
21$56,085$12,222$250,361
22$58,574$9,733$191,787
23$61,174$7,133$130,613
24$63,889$4,418$66,724
25$66,724$1,583$0

At the end of your 5-year term

Total paid over the term
$341,535
Principal paid down
$128,578
Interest paid
$212,957
Balance remaining
$911,342

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 8 whole-home leases in Palmer$4,539/mo
$54,468Gross annual rent
3.1%Cap rate after taxes and upkeep
$4,176 to $4,902Typical rent range

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 8 whole-home leases in Palmer signed at a median of $4,130 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,539. 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.

4.2%
Gross yield
− Property tax $6,142− Insurance $1,400− Vacancy & upkeep $5,991Net operating income $40,934

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

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