5154 New Street, Burlington, ON
Appleby, Burlington · MLS® W13574842
About this home
Beautifully renovated home set on a generous 120-ft mature lot in the highly sought-after Elizabeth Gardens lakeside community of South Burlington-where timeless neighbourhood charm, modern living, and everyday convenience come together. Renovated from top to bottom with stylish finishes and thoughtful upgrades, this move-in-ready 3+1 bedroom, 2-bathroom three-level side split offers the perfect blend of comfort, elegance, and functionality. Step inside to a bright and welcoming interior filled with natural light, showcasing warm hardwood flooring, large windows, contemporary pot lighting, and beautifully refreshed living spaces designed for today's lifestyle. The heart of the home is the stunning renovated kitchen featuring elegant quartz countertops, brand-new stainless steel appliances, and sleek modern finishes. The fully finished lower level offers exceptional versatility with a self-contained apartment-style living space featuring a separate side entrance, a fourth bedroom, a 3-piece bathroom, separate laundry, and a kitchenette complete with a fridge, cooktop, and sink-ideal for office use, in-law living, or additional rental income $$$. The fully fenced backyard offers privacy and space to enjoy the outdoors, while the oversized driveway accommodates parking for up to six vehicles. A newly poured concrete walkway enhances the home's curb appeal while providing a fresh, welcoming approach. Combining modern updates, a premium 120-ft lot, and an unbeatable South Burlington location, this exceptional home offers the very best of Elizabeth Gardens living. Just a short walk to the lake, parks, schools, the community centre, public transit, and local amenities, with easy access to shopping and Appleby GO Station, this location perfectly balances lakeside tranquility with everyday convenience.
Key facts
- Property type
- Detached, Sidesplit 3
- MLS®
- W13574842
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 2
- Size
- 1100-1500
- Lot
- 120 × 60 ft
- Cross streets
- New St and Adams St
- Parking
- 2 garage · 6 parking (carport)
- Basement
- Crawl Space, Separate Entrance, Finished, Walk-Out
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Concrete Block, Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,440 / 2025
- Days on market
- 1
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
combined w/kitchen · combined w/dining
combined w/dining · bay window · overlooks frontyard
Listed at $1,149,000, 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 18 similar homes nearby, adjusted for size, beds, and baths.Median of 18 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $918K, a bit lower. 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 $1.10M
- Adjusts to $1.10M
That comparable adjusts to $1.10M; the $1.16M estimate above is the median of all 18 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. New at Adams 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 $1.16M, median of 18 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.
- 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
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 3% below the area average of $908/sqft.
9 days faster than the Burlington average (10 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Appleby, 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: New at Adams, about 38 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
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 $919,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,905
- Property tax
- $370
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,275
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $19,455
- Estimated closing costs
- $19,455
Plus your down payment of $229,800. 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
- $294,312
- Principal paid down
- $117,060
- Interest paid
- $177,251
- Balance remaining
- $802,140
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 RIGHT AT HOME REALTY. MLS®/PropTx.