560 CRANE Court, Burlington, ON

Grindstone, Burlington · MLS® W13523544

$2,199,000
For Sale
Listed 13 days ago
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3Bedrooms
3Bathrooms
2Garage · 22 parking
1100-1500Sq Ft

About this home

8.9 acres in Burlington. Private exclusive setting on this one of a kind park like setting. This home has large principal rooms along with finished basement with walk out. Every window you look out offers a tranquil view of nature. This property is one of a kind. Come see for yourself.

Key facts

Property type
Detached, Bungalow-Raised
MLS®
W13523544
Bedrooms
3 (2 + 1)
Bathrooms
3
Size
1100-1500
Lot
90 × 1078 ft
Cross streets
Snake Rd and Old York Rd
Parking
2 garage · 22 parking (detached)
Driveway
Lane, Private Double, Private Triple
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Wood
Foundation
Concrete
Roof
Asphalt Rolled
Sewer
Septic
Property tax
$6,364 / 2026
Days on market
13
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

LaundryLower0.00 × 0.00 m
FoyerMain2.74 × 1.83 m
BathroomMain2.74 × 2.44 m

3 Pc Bath

KitchenMain6.71 × 3.66 m
BathroomLower2.74 × 1.83 m

3 Pc Bath

Family RoomLower6.10 × 5.49 m
BathroomMain6.40 × 1.83 m

4 Pc Ensuite

BedroomMain6.40 × 3.66 m
BedroomLower5.49 × 3.35 m
BedroomMain5.49 × 4.88 m
Living RoomMain6.71 × 5.79 m
Dining RoomMain4.27 × 3.96 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Plains at York is about a 13-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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Value driver
Comparable listingsCurrently listed nearby in Grindstone · asking prices
$1000kavg asking

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

1262 Hidden Valley Road$1.10M1343 Hidden Valley Road$900k569 CRANE Court$999k

The 3 closest active listings nearby.

See all comparable homes
2.20MThis home1.10M900k999kThis home vs active comparables
Live market pulseActive comparables in Grindstone · median list $1.10M
$1,692this home / sqft
5active listings nearby
13days on market

3 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

Grindstone, 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

27/ 100

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: Plains at York, about 1.0 km away

7 transit stops3 dining6 parks

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.

Bayview
$1.50M
LaSalle
$1.19M
Tyandaga
$2.07M
Brant
$1.43M
Mountainside
$879K

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
$10,022/mo
$399KIncome needed
5.5×Price ÷ income
$2,313Weekly 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.

95%mortgage
Mortgage $10,022Property tax $530Total carry $10,553

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.

4.14%
%
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)
$9,388per month

Mortgage amount $1,759,200 · 4.14% over 25 years

$439,800Down payment (20.0%)
$1,759,200Loan before insurance
$0CMHC premium
$9,918Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,388
Property tax
$530
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,918

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

One-time closing costs

Ontario land transfer tax
$41,450
Estimated closing costs
$41,450

Plus your down payment of $439,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11,402/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

$1,057,123Total interest paid
$2,816,323Total of all payments
Principal $1,759,200 Interest $1,057,123
YearPrincipalInterestBalance
1$41,212$71,441$1,717,988
2$42,936$69,717$1,675,052
3$44,732$67,921$1,630,320
4$46,603$66,050$1,583,718
5$48,552$64,101$1,535,165
6$50,583$62,070$1,484,582
7$52,699$59,954$1,431,884
8$54,903$57,750$1,376,980
9$57,200$55,453$1,319,781
10$59,592$53,061$1,260,189
11$62,085$50,568$1,198,104
12$64,682$47,971$1,133,422
13$67,387$45,266$1,066,035
14$70,206$42,447$995,829
15$73,143$39,510$922,686
16$76,202$36,451$846,484
17$79,390$33,263$767,094
18$82,710$29,943$684,384
19$86,170$26,483$598,214
20$89,774$22,879$508,440
21$93,529$19,124$414,910
22$97,442$15,211$317,469
23$101,517$11,136$215,951
24$105,764$6,889$110,188
25$110,188$2,465$0

At the end of your 5-year term

Total paid over the term
$563,265
Principal paid down
$224,035
Interest paid
$339,230
Balance remaining
$1,535,165

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$2,300/mo
$27,600Gross 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.

1.3%
Gross yield
− Property tax $6,364− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $16,800

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

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