560 CRANE Court, Burlington, ON

Grindstone, Burlington · MLS® W13523544

$1,999,000
For Sale
Listed 103 days agoNo offer date statedSitting longer than typical
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2+1Bedrooms
3Bathrooms
2Garage
1100-1500Sq ft

About this home

In short

  • 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.

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
2+1 (3 total)
Bathrooms
3
Size
1100-1500 sq ft
Lot
90 × 1078 ft
Cross streets
Snake Rd and Old York Rd
Parking
2 garage (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
103
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
Our TakeTeam Asgarian · Broker
No automatic estimate

This is a rare parcel: about 2.23 acres. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Grindstone · asking prices
$940kavg 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 $1.45M, which is where my estimate comes from.

Per square foot, these ask about $677/sqft; this home lists at $1,538/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
2.00MThis home999k949k1.15M850k750kThis home vs active comparables

Sold price trend

Median sold price for detached homes in Burlington: $1.22M in September 2026, up 7% from a year ago, on 1,168 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Burlington as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.14M105
November 2025$1.16M70
December 2025$1.13M56
January 2026$1.22M53
February 2026$1.25M66
March 2026$1.24M98
April 2026$1.24M126
May 2026$1.32M142
June 2026$1.25M163
July 2026$1.21M110
August 2026$1.25M92
September 2026$1.22M87

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

LaSalle
$1.65M
Freeman
$811K
Mountainside
$942K
Brant
$1.38M
Brant Hills
$1.10M

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
$9,111/mo
$365KIncome needed
5.5×Price ÷ income
$2,102Weekly cost
$36,455Land 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.

94%mortgage
Mortgage $9,111Property tax $530Total carry $9,641

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,842per month

Mortgage amount $1,599,200 · 4.49% over 25 years

$399,800Down payment (20.0%)
$1,599,200Loan before insurance
$0CMHC premium
$9,373Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,842
Property tax
$530
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,373

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

One-time closing costs

Ontario land transfer tax
$36,455
Estimated closing costs
$36,455

Plus your down payment of $399,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,702/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

$1,053,475Total interest paid
$2,652,675Total of all payments
Principal $1,599,200 Interest $1,053,475
YearPrincipalInterestBalance
1$35,687$70,420$1,563,513
2$37,308$68,799$1,526,205
3$39,002$67,105$1,487,203
4$40,772$65,335$1,446,431
5$42,624$63,483$1,403,807
6$44,559$61,548$1,359,248
7$46,582$59,525$1,312,666
8$48,697$57,410$1,263,969
9$50,908$55,199$1,213,061
10$53,220$52,887$1,159,841
11$55,636$50,471$1,104,205
12$58,162$47,945$1,046,043
13$60,803$45,304$985,240
14$63,564$42,543$921,677
15$66,450$39,657$855,227
16$69,467$36,640$785,761
17$72,621$33,486$713,140
18$75,918$30,189$637,222
19$79,365$26,742$557,857
20$82,968$23,139$474,888
21$86,736$19,371$388,153
22$90,674$15,433$297,479
23$94,791$11,316$202,688
24$99,095$7,012$103,594
25$103,594$2,513$0

At the end of your 5-year term

Total paid over the term
$530,535
Principal paid down
$195,393
Interest paid
$335,142
Balance remaining
$1,403,807

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%Cap rate after taxes and upkeep

About the suite: in Grindstone basements rarely rent out (0 of 2 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

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.

1.4%
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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