4299 Lakeshore Road, Burlington, ON
Shoreacres, Burlington · MLS® W13533838
About this home
Welcome to this exceptional two-storey residence on prestigious Lakeshore Road with Lake Access, where timeless elegance meets modern luxury. This stunning family home offers 4 bedrooms, 2 full bathrooms, 1powder rooms, and a thoughtfully designed open-concept layout that is flooded with natural light throughout. Step inside to discover a custom-designed gourmet kitchen featuring built-in appliances, premium finishes, a beautiful peninsula ideal for entertaining, and stunning designer light fixtures. A striking double-sided fireplace serves as the focal point of the main floor, creating warmth and ambiance while seamlessly connecting the kitchen and living areas. The spacious principal rooms offer the perfect blend of comfort and sophistication for everyday living and entertaining. The upper level welcomes you with an impressive designer light fixtures, a convenient linen closet, and four generously sized bedrooms. The luxurious primary suite is a private retreat, complete with a beautifully appointed ensuite bathroom and an expansive dressing room, thoughtfully converted from a separate bedroom to create the ultimate walk-in wardrobe experience. Three additional bedrooms and a second full bathroom complete the upper level. The fully renovated basement offers exceptional versatility with a spacious open-concept kitchen/living, a bedroom, a full bath and a den that easily serves as a home office or exercise room, a cold room, a large storage room, and a dedicated laundry room with ample storage space. Step outside to your beautifully landscaped backyard oasis, perfect for entertaining, family gatherings, or simply relaxing in complete privacy. Located in one of Burlington's most desirable neighborhoods, just moments from the waterfront, parks, top-rated schools, shopping, dining, and all amenities, this remarkable move-in-ready home offers the perfect combination of luxury, functionality, and location. A rare opportunity to own a truly exceptional property.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13533838
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000
- Lot
- 95 × 105.3 ft
- Cross streets
- Lakeshore/Walkers Line
- Parking
- 2 garage · 8 parking (attached)
- Basement
- Finished, Full, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stucco (Plaster)
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,648 / 2025
- Days on market
- 10
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
double closet · hardwood floor
4 Pc Ensuite
2 way fireplace · b/i appliances · breakfast bar
Laminate
4 pc bath · double sink · granite counters
double closet · hardwood floor
combined w/primary · hardwood floor
Laminate
fireplace · laminate
4 pc ensuite · walk-in closet(s)
double closet · hardwood floor
Hardwood Floor
Laminate
3 Pc Bath
2 way fireplace · hardwood floor
2 pc bath · glass counter
Listed at $2,399,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $4.34M, higher than the comparables and worth a second look.
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 $2.75M
- Bathrooms −$15K
- Adjusts to $2.73M
That comparable adjusts to $2.73M; the $2.27M estimate above is the median of all 7 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. New at Shoreacres is about a 11-minute walk away.
Total price vs nearby homes. Fair value about $2.27M, median of 7 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.
- 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.
- Open-concept layout: modern, sought-after flow.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Value driver
- Lifestyle
- Weigh carefully
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 1% below the area average of $879/sqft.
0 days faster than the Burlington average (10 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Shoreacres, 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: New at Shoreacres, about 885 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 $1,919,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,242
- Property tax
- $804
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,046
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $46,450
- Estimated closing costs
- $46,450
Plus your down payment of $479,800. 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
- $614,494
- Principal paid down
- $244,411
- Interest paid
- $370,083
- Balance remaining
- $1,674,789
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 RIGHT AT HOME REALTY. MLS®/PropTx.