296 Tuck Drive, Burlington, ON
Shoreacres, Burlington · MLS® W13550304
About this home
Welcome Home! Stunning Custom Build on Corner Lot in the Heart of South Burlington offering Elegant Luxury Living. Step inside to a Grand 2 storey foyer w beautiful white oak herringbone flooring T/O. The traditional floor plan offers 11' ceilings, Sep. Living Rm. & Sep. Dining Rm. w tray ceiling & Servery w open shelving, sink & glass display cabinets. The open concept Great Rm is bright from the oversized windows & offers a cozy feel w the gas fireplace & built-ins. The Gourmet Kitchen has an oversized island w Quartz waterfall counters, eating area & plenty of storage, quartz backsplash, panelled fridge & dishwasher, gas cooktop w pot filler & SS B/I oven, lite glass display cabinets & direct access to the back covered porch. High end main flr powder room, laundry rm w front load washer/dryer, custom cabinet & inside entry to garage complete the main floor. The floating staircase w motion sensor lights leads to the 2nd level w white oak herringbone flooring T/O. The bright Primary suite offers 11' ceilings, oversized window, walk-in coset w custom closet organizer & luxurious 5 piece ensuite w 2 vanities, free standing soaker tub & custom glass shower. 2nd bedroom offers it's own 3 pc ensuite, the 3rd & 4th bdrms share a 4 pc bath & the 4th Bdrm has a walk-in closet. The lower lvl is an entertainers dream w a Theatre Rm, Sep. Gym area w glass wall, sauna next to a 3pc bath & change rm, 2nd family rm w gas fireplace, eat-in area with built-in cabinetry, 5th bedrm w 3pc ensuite & walk-in closet which could be an in-law or nanny suite as the lower lvl has a separate entrance. The back yard offers a spacious covered porch w BBQ, Pizza oven & fireplace. This location is highly sought after & is located across the street from Breckon Park, walk to the lake, amenities & minutes to major HWY's. This beautifully designed home is one not to be missed.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13550304
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 6 (1 half)
- Size
- 2500-3000
- Lot
- 75.46 × 112.8 ft
- Cross streets
- Spruce/Tuck
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $3,600 / 2025
- Days on market
- 8
- Listing brokerage
- Royal LePage Real Estate Services Ltd., Brokerage
Rooms
Listed at $2,829,900, this home is about 22% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($1,029/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 Shoreacres, so I widened the search to the surrounding area.
Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $862K, lower 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 $2.76M
That comparable adjusts to $2.76M; the $2.32M estimate above is the median of all 6 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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $2.32M, median of 6 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Income potential
- Value driver
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 1% below the area average of $1,038/sqft.
2 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
Car-DependentA 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.
Almost all errands require a car.
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 18, 2026); conventional rates run a little higher.
Mortgage amount $2,263,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,081
- Property tax
- $300
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,381
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $57,223
- Estimated closing costs
- $57,223
Plus your down payment of $565,980. 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
- $724,867
- Principal paid down
- $288,311
- Interest paid
- $436,556
- Balance remaining
- $1,975,609
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
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 Real Estate Services Ltd., Brokerage. MLS®/PropTx.