1315 Rosemary Crescent, Burlington, ON

Mountainside, Burlington · MLS® W13558322

$775,000
For Sale
Listed 4 days ago
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5Bedrooms
2Bathrooms
1Garage · 7 parking
700-1100Sq Ft

About this home

RARE OPPORTUNITY! ALL BRICK BUNGALOW ON A PREMIUM STREET, A SEPARATE ENTRANCE, PARKING FOR 7, AND AN ATTACHED GARAGE. Nestled on a private, fully fenced 50 x 105 ft lot with mature trees in the highly desirable Mountainside community. This versatile home is ideal for families, investors, or those seeking flexible living arrangements. The bright and functional main level features three spacious beds, a 4-piece bath, and a welcoming living room filled with natural light. The finished lower level offers outstanding in-law suite or income potential, complete with its on separate entrance, a kitchen, two additional bedrooms, a 4 pc bath and generous living space. The attached generous sized, single-car garage provides convenient parking along with extra storage or workspace, while the oversized driveway accommodates up to six additional vehicles, making entertaining family and friends easy. Located in one of Burlington's most sought-after neighbourhoods, you'll enjoy close proximity to schools, parks, shopping, restaurants, community centres, and all everyday amenities. Outdoor enthusiasts will appreciate nearby walking trails, bike paths, and green spaces, while commuters will love the quick access to major highways for convenient travel throughout the GTA. Whether you're searching for a wonderful family home with room to grow, a multi-generational living solution, or a property with excellent income potential, this well-maintained bungalow offers exceptional value, versatility, and an unbeatable location. Don't miss your opportunity to own this fantastic Mountainside home!

Key facts

Property type
Detached, Bungalow
MLS®
W13558322
Bedrooms
5 (3 + 2)
Bathrooms
2
Size
700-1100
Lot
50 × 105 ft
Cross streets
Guelph Ln & Mt Forest
Parking
1 garage · 7 parking (attached)
Driveway
Private Double
Basement
Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,980 / 2026
Days on market
4
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

BedroomMain3.66 × 2.72 m
Utility RoomLower2.08 × 1.24 m
BedroomLower3.48 × 1.88 m
Living RoomMain5.44 × 3.63 m

Combined w/Dining

RecreationLower4.85 × 3.73 m
Cold Room/CantinaLower2.74 × 0.97 m
BathroomLower1.96 × 1.50 m
LaundryLower3.68 × 1.60 m
BathroomMain2.72 × 1.93 m
KitchenMain4.93 × 2.74 m

Eat-in Kitchen

BedroomMain3.02 × 2.79 m
BedroomMain3.66 × 3.05 m
BedroomLower3.73 × 3.43 m
KitchenLower3.78 × 3.73 m
Moe’s TakeTeam Asgarian · Broker
In the wider range
$710Kest. value

Listed at $775,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

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 $961K, higher 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 $870K
  • Bathrooms −$15K
  • Adjusts to $855K

That comparable adjusts to $855K; the $710K 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 very walkable address with everyday errands close by. Guelph at Centennial is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$494KGreat deal$870KOverpriced

Total price vs nearby homes. Fair value about $710K, 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.
  • Income potential
Comparable listingsCurrently listed nearby in Mountainside · asking prices
$870kavg asking

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

1156 Homewood Drive$989k2387 Cyprus Avenue$870k2345 Gibbon Street$750k

The 3 closest active listings nearby.

See all comparable homes
775kThis home989k870k750kThis home vs active comparables
Live market pulseActive comparables in Mountainside · median list $870K
$861this home / sqft
7active listings nearby
4days on market

This home lists 7% above the area average of $802/sqft.

6 days faster 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

Mountainside, 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

71/ 100

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: Guelph at Centennial, about 266 m away

20+ transit stops3 grocery20+ dining8 parks6 pharmacies

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.

Palmer
$1.30M
Brant Hills
$1.08M
Tyandaga
$2.07M
Brant
$1.43M
Roseland
$1.53M

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
$3,532/mo
$152KIncome needed
5.1×Price ÷ income
$815Weekly 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.

89%mortgage
Mortgage $3,532Property tax $415Total carry $3,947

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%
$
%
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)
$3,309per month

Mortgage amount $620,000 · 4.14% over 25 years

$155,000Down payment (20.0%)
$620,000Loan before insurance
$0CMHC premium
$3,724Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,309
Property tax
$415
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,724

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

One-time closing costs

Ontario land transfer tax
$11,975
Estimated closing costs
$11,975

Plus your down payment of $155,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,019/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

$372,565Total interest paid
$992,565Total of all payments
Principal $620,000 Interest $372,565
YearPrincipalInterestBalance
1$14,524$25,178$605,476
2$15,132$24,571$590,344
3$15,765$23,938$574,579
4$16,424$23,278$558,154
5$17,111$22,591$541,043
6$17,827$21,875$523,216
7$18,573$21,130$504,643
8$19,350$20,353$485,293
9$20,159$19,544$465,134
10$21,002$18,700$444,132
11$21,881$17,822$422,251
12$22,796$16,907$399,455
13$23,750$15,953$375,706
14$24,743$14,960$350,963
15$25,778$13,925$325,185
16$26,856$12,846$298,329
17$27,979$11,723$270,349
18$29,150$10,553$241,199
19$30,369$9,333$210,830
20$31,639$8,063$179,191
21$32,963$6,740$146,228
22$34,342$5,361$111,886
23$35,778$3,925$76,108
24$37,275$2,428$38,834
25$38,834$869$0

At the end of your 5-year term

Total paid over the term
$198,513
Principal paid down
$78,957
Interest paid
$119,556
Balance remaining
$541,043

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$1,450/mo
$17,400Gross annual rent
1.2%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.

2.2%
Gross yield
− Property tax $4,980− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $9,106

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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