569 Locust Street, Burlington, ON
Brant, Burlington · MLS® W13550272
About this home
A rare opportunity to own a timeless bungalow in the heart of Downtown Burlington. Nestled on one of the city's most coveted tree-lined streets, this exceptional home offers 2 bedrooms, 2 baths, and 2,414 sf of finished living space. Designed for exceptional indoor and outdoor living, the private backyard oasis is surrounded by mature trees and lush perennial gardens, featuring a fully decked on-ground pool with the look and feel of an inground pool, pool shed, and multiple entertaining areas. Just steps to Spencer Smith Park, the waterfront, boutique shopping, cafés, restaurants, and vibrant downtown amenities, this is a lifestyle property unlike any other. A welcoming stone covered front porch overlooks immaculate gardens and creates a wonderful first impression. Inside, beautifully proportioned principal rooms are filled with natural light and timeless character, hardwood flooring, and thoughtfully preserved craftsmanship. The impressive living room is centred around a gas fireplace and flows seamlessly into the dining room, creating an exceptional setting for entertaining. The kitchen offers custom cabinetry, generous workspace, and overlooks the family room with skylights, and multiple walkouts to the backyard. The expansive primary suite offers a private retreat, complete with a beautifully renovated ensuite featuring a glass walk-in shower. A second bedroom and an updated 3-piece bathroom complete the main level. The partially finished lower level offers a spacious recreation room, a potential third bedroom, and extensive storage, providing exceptional flexibility for guests, a home office, hobbies, a workshop, fitness space, or additional future living space. Combining timeless craftsmanship, an extraordinary outdoor setting, and one of Burlington's most prestigious downtown locations, this is a truly special opportunity to enjoy an iconic Burlington lifestyle.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13550272
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 1500-2000
- Lot
- 55 × 132 ft
- Cross streets
- Brant Street
- Parking
- 4 parking
- Driveway
- Private
- Basement
- Separate Entrance, Full, Partially Finished
- Heating
- Water
- A/C
- None
- Exterior
- Cedar, Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- On Ground
- Property tax
- $7,219 / 2025
- Days on market
- 7
- Listing brokerage
- ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Rooms
Listed at $1,600,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.34M, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $1.30M
- Size difference +$450K
- Bathrooms −$15K
- Adjusts to $1.73M
That comparable adjusts to $1.73M; the $1.73M estimate above is the median of all 5 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, this is a very walkable address with everyday errands close by. 546 Brant is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.73M, median of 5 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Weigh carefully
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 18% below the area average of $1,120/sqft.
3 days faster than the Burlington average (10 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Brant, Burlington, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very 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.
Most daily errands can be done on foot.
🚉 Nearest transit: 546 Brant, about 92 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 $1,280,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,831
- Property tax
- $602
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,432
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,475
- Estimated closing costs
- $28,475
Plus your down payment of $320,000. 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
- $409,833
- Principal paid down
- $163,008
- Interest paid
- $246,825
- Balance remaining
- $1,116,992
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 ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES. MLS®/PropTx.