4038 Lakeshore Road, Burlington, ON
Shoreacres, Burlington · MLS® W13571732
About this home
Some homes are purchased. This one is inherited by ambition. Behind private gates on Lake Ontario's Gold Coast, this extraordinary one-acre waterfront estate offers 120 feet of pristine, seawall-protected Lake Ontario shoreline, a private 30-foot dock, and a rare dual davit system-an irreplaceable level of waterfront ownership that can no longer be recreated. A circular driveway and elegant three-tier fountain introduce a timeless white-stone English manor, completely transformed in 2015 through an approximately $5 million renovation by Studio H. Offering 10,542 sq. ft. of finished living space with 6+1 bedrooms and 10 bathrooms, the residence features electric heated floors throughout and a design focused on breathtaking lake views. A dramatic two-storey domed marble foyer frames the water, while soaring 10- and 11-foot ceilings, exquisite millwork, and a custom Selba kitchen create exceptional spaces for everyday living and entertaining. Nearly every principal room captures panoramic lake views. Upstairs, six luxurious bedroom suites each feature a spa-inspired ensuite with natural stone finishes and steam showers. The primary retreat overlooks the pool, English rose gardens, and open lake, and includes a lavish ensuite with a freestanding Neptune soaking tub, alabaster double vanity, and oversized steam shower. The lower level offers a cinema-quality theatre, glass wine lounge, climate-controlled 1,000-bottle wine cellar, fitness studio, full spa, music room, nanny suite, and cedar-lined storage. Outside, a resort-style saltwater pool with a stone waterfall is surrounded by limestone terraces, a private gazebo, fire pit, children's play area, and beautifully landscaped gardens leading to the water's edge. Premium finishes include limestone, marble, alabaster, granite, travertine, quartz, porcelain, gold leaf, and Swarovski crystal. More than a residence, this is a once-in-a-generation opportunity to own one of the most iconic waterfront estates. Luxury Certified
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13571732
- Bedrooms
- 7 (6 + 1)
- Bathrooms
- 10 (2 half)
- Size
- 5,000 sq ft
- Lot
- 120 × 358 ft
- Cross streets
- Walkers Line/Lakeshore Road
- Parking
- 5 garage · 17 parking (attached)
- Driveway
- Available, Circular Drive, Private Triple
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone
- Foundation
- Concrete
- Roof
- Cedar
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $54,846 / 2025
- Days on market
- 1
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
4 Pc Bath
4 Pc Ensuite
overlook water · 4 pc ensuite · hardwood floor
6 pc ensuite · walk-in closet(s) · overlook water
heated floor · pot lights · large closet
3 pc ensuite · walk-in closet(s) · overlooks garden
2 Pc Bath
above grade window · mirrored walls · overlook water
stone floor · cathedral ceiling(s) · open stairs
laundry sink · heated floor · overlooks garden
3 Pc Ensuite
granite counters · heated floor · centre island
overlook water · 3 pc ensuite · walk-in closet(s)
6 Pc Ensuite
4 Pc Ensuite
4 Pc Ensuite
4 pc ensuite · closet · window
2 Pc Bath
4 pc ensuite · walk-in closet(s) · overlooks garden
overlook water · wainscoting · gas fireplace
4 Pc Ensuite
hardwood floor · wainscoting · overlooks garden
w/o to patio · gas fireplace · overlook water
3 Pc Ensuite
glass counter · b/i appliances · heated floor
overlook water · gas fireplace · bar sink
marble fireplace · overlook water · crown moulding
built-in speakers · broadloom · double doors
overlooks pool · hardwood floor · formal rm
overlook water · 4 pc ensuite · walk-in closet(s)
b/i shelves · stone floor · pot lights
laundry sink · heated floor · overlook water
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairOn location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. New at Walkers is about a 13-minute walk away.
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.
- Heated floors: comfort and a premium-finish signal.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Value driver
- Lifestyle
- Weigh carefully
- Worth verifying
9 days faster than the Burlington average (10 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Shoreacres, Burlington, ON
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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 Walkers, about 1.0 km 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 $12,400,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $66,171
- Property tax
- $4,571
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $70,742
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $373,975
- Estimated closing costs
- $373,975
Plus your down payment of $3,100,000. 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
- $3,970,260
- Principal paid down
- $1,579,143
- Interest paid
- $2,391,117
- Balance remaining
- $10,820,857
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 RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.