2044 Waterbridge Drive, Burlington, ON
Rose, Burlington · MLS® W13573762
About this home
Welcome to this exceptional modern executive family home, ideally situated on one of Millcroft's most sought-after streets. Offering spacious, thoughtfully designed living areas and a premium pie-shaped lot backing onto a tranquil ravine, this home perfectly blends luxury, comfort, and functionality. The heart of the home is the chef-inspired gourmet kitchen, featuring elegant granite countertops, a large centre island with seating for five, and abundant workspace for entertaining. The kitchen overlooks the inviting sunken family room with a cozy gas fireplace and offers seamless access to the backyard through a walkout to an impressive 660 sq. ft. multi-level cedar deck. Complete with sleek glass railings and a marble-top bar, this outdoor oasis is ideal for entertaining while enjoying picturesque ravine views and the professionally landscaped backyard. Escape to the luxurious primary bedroom retreat, featuring a spacious walk-in closet and a spa-inspired 5-piece ensuite, thoughtfully designed to provide the perfect place to relax and unwind at the end of the day. The finished lower level extends your living space with above-grade windows that fill the area with natural light, making it ideal for guests, a teenager's retreat, or multi-generational living. It also offers the perfect setting for casual entertaining, complete with a spacious games area and comfortable TV lounge. With 5 spacious bedrooms plus a finished lower-level bedroom, this home offers exceptional flexibility for growing families, overnight guests, or a home office. Conveniently located close to top-rated schools, shopping, the Tansley Woods Recreation Centre, Appleby GO Station, and major highways, this exceptional property combines a prestigious location with everyday convenience. This remarkable home offers an exceptional combination of luxury, style, and family-friendly living in one of Millcroft's most desirable neighbourhoods.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13573762
- Bedrooms
- 6 (5 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000
- Lot
- 44.55 × 132.64 ft
- Cross streets
- William O'Connell/Upper Middle
- Parking
- 2 garage · 5 parking (attached)
- Driveway
- Private Double
- Basement
- Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,412 / 2026
- Days on market
- 1
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
sunken room · gas fireplace · overlooks backyard
above grade window · pot lights · laminate
pot lights · laminate · open concept
above grade window · closet · mirrored walls
closet · window · hardwood floor
w/o to deck · breakfast bar · ceramic floor
granite counters · pot lights · b/i oven
w/o to garage · laundry sink · window
walk-in closet(s) · 5 pc ensuite · hardwood floor
large window · crown moulding · hardwood floor
closet · window · hardwood floor
closet · overlooks backyard · hardwood floor
closet · overlooks backyard · hardwood floor
formal rm · bay window · hardwood floor
Listed at $1,999,900, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Rose, so I widened the search to the surrounding area.
Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.25M, 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 $1.85M
- Adjusts to $1.85M
That comparable adjusts to $1.85M; the $1.81M estimate above is the median of all 11 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. Upper Middle at Itabashi is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.81M, median of 11 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Primary suite: a key comfort and resale feature.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Worth verifying
- Value driver
- Lifestyle
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 16% above the area average of $628/sqft.
9 days faster than the Burlington average (10 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Rose, 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: Upper Middle at Itabashi, about 199 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 $1,599,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,538
- Property tax
- $784
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,322
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $36,473
- Estimated closing costs
- $36,473
Plus your down payment of $399,980. 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
- $512,266
- Principal paid down
- $203,750
- Interest paid
- $308,516
- Balance remaining
- $1,396,170
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 SIGNATURE REALTY. MLS®/PropTx.