1262 Aldridge Crescent, Burlington, ON

Palmer, Burlington · MLS® W13578008

$699,900
For Sale
Just listed today
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3Bedrooms
2Bathrooms
2Parking
1100-1500Sq Ft

About this home

Fully detached home located on a quiet street in Burlington's sought-after Palmer neighborhood. This 3-bedroom, 2-bath home offers an incredible opportunity to renovate, update, and make your own. Featuring a private treed yard and situated in a family-friendly community on a quiet crescent. Conveniently located close to parks, schools, shopping, public transit, and major highways, this property offers lots of potential. Whether you're looking to renovate, rent, or invest, the possibilities are endless.

Key facts

Property type
Detached, Backsplit 3
MLS®
W13578008
Bedrooms
3
Bathrooms
2
Size
1100-1500
Lot
38.58 × 100.64 ft
Cross streets
Northside Road & Aldridge Cres
Parking
2 parking
Basement
Crawl Space, Partial Basement
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,711 / 2026
Listing brokerage
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Rooms

Bedroom 3Upper3.02 × 2.67 m
KitchenLower3.56 × 3.10 m
BathroomUpper2.64 × 2.34 m

4 Pc Bath

RecreationLower7.06 × 4.17 m
Primary BedroomUpper3.71 × 3.45 m
Dining RoomMain3.58 × 3.45 m
Bedroom 2Upper3.71 × 3.45 m
Living RoomMain5.41 × 3.66 m
KitchenMain3.58 × 3.38 m

b/i dishwasher · double sink

BathroomLower3.48 × 2.62 m

4 Pc Bath

FoyerMain3.66 × 1.75 m

Closet

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$909Kest. value

Listed at $699,900, this home is tracking about 23% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. 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 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.02M, a bit higher.

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 $1.30M
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $1.25M

That comparable adjusts to $1.25M; the $909K estimate above is the median of all 5 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Mainway at Northside is about a 3-minute walk away.

List price
$700KGreat deal$1.08MOverpriced

Total price vs nearby homes. Fair value about $909K, median of 5 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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$916kavg asking

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

1298 Rosemary Crescent$890k5155 Idlewood Crescent$970k652 Ardleigh Crescent$889k

The 3 closest active listings nearby.

See all comparable homes
700kThis home890k970k889kThis home vs active comparables
Live market pulseActive comparables in Palmer · median list $1.30M
$538this home / sqft
5active listings nearby

This home lists 31% below the area average of $777/sqft.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Palmer, 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

61/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Mainway at Northside, about 270 m away

20+ transit stops3 grocery20+ dining6 parks12 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.

Mountainside
$879K
Brant Hills
$1.08M
Rose
$2.01M
Roseland
$1.53M
Tyandaga
$2.07M

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
$3,190/mo
$138KIncome needed
5.1×Price ÷ income
$736Weekly 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 $3,190Property tax $393Total carry $3,582

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)
$2,988per month

Mortgage amount $559,920 · 4.14% over 25 years

$139,980Down payment (20.0%)
$559,920Loan before insurance
$0CMHC premium
$3,381Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,988
Property tax
$393
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,381

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

One-time closing costs

Ontario land transfer tax
$10,473
Estimated closing costs
$10,473

Plus your down payment of $139,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,629/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

$336,462Total interest paid
$896,382Total of all payments
Principal $559,920 Interest $336,462
YearPrincipalInterestBalance
1$13,117$22,738$546,803
2$13,666$22,190$533,137
3$14,237$21,618$518,900
4$14,833$21,022$504,067
5$15,453$20,402$488,614
6$16,100$19,756$472,514
7$16,773$19,082$455,741
8$17,475$18,381$438,267
9$18,206$17,650$420,061
10$18,967$16,888$401,094
11$19,760$16,095$381,334
12$20,587$15,268$360,747
13$21,448$14,407$339,299
14$22,345$13,510$316,953
15$23,280$12,575$293,673
16$24,254$11,602$269,420
17$25,268$10,587$244,152
18$26,325$9,530$217,826
19$27,426$8,429$190,400
20$28,573$7,282$161,827
21$29,769$6,087$132,058
22$31,014$4,841$101,044
23$32,311$3,544$68,733
24$33,663$2,193$35,071
25$35,071$785$0

At the end of your 5-year term

Total paid over the term
$179,276
Principal paid down
$71,306
Interest paid
$107,971
Balance remaining
$488,614

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$2,300/mo
$27,600Gross annual rent
2.6%Est. cap rate

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.

3.9%
Gross yield
− Property tax $4,711− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,453

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES. MLS®/PropTx.

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