1482 Epping Road, Burlington, ON

Palmer, Burlington · MLS® W13607382

$1,375,000
For Sale
Listed 57 days agoNo offer date statedSitting longer than typical
3Bedrooms
4Bathrooms
1Garage · 7 parking
1500-2000Sq ft

About this home

In short

  • Welcome to this exquisitely renovated, turn-key home offering over 2200sqft of refined living space on a pie shaped lot, paired with a resort style backyard designed...
  • The private oasis features a heated pool, multiple lounge & conversation areas, expansive outdoor dining, custom raised herb and flower beds, artificial turf &...
  • Additional highlights include exposed aggregate walkways, natural gas BBQ line & a fully equipped pool shed with built-in storage, 2 beverage fridges, custom beer cap...
  • The striking stucco exterior is complemented by a meticulously maintained interior showcasing a bright open-concept layout with premium finishes throughout, including...
  • Iron picket oak stairs lead to a spacious primary retreat with W/I closet & updated 3pc ensuite.

Welcome to this exquisitely renovated, turn-key home offering over 2200sqft of refined living space on a pie shaped lot, paired with a resort style backyard designed for exceptional outdoor enjoyment. The private oasis features a heated pool, multiple lounge & conversation areas, expansive outdoor dining, custom raised herb and flower beds, artificial turf & professional landscaping. Entertain effortlessly on the composite deck with louvered gazebo, fire table, & outdoor T.V. Additional highlights include exposed aggregate walkways, natural gas BBQ line & a fully equipped pool shed with built-in storage, 2 beverage fridges, custom beer cap countertop with bar window, & cedar smoker. The striking stucco exterior is complemented by a meticulously maintained interior showcasing a bright open-concept layout with premium finishes throughout, including 7" white oak hardwood floors, crown moulding & pot lights on all 3 levels. The main floor offers a dedicated office with custom built-ins, a designer 2pc powder room with marble vanity & convenient access to the backyard & garage. The chef-inspired kitchen features quartz counters, marble backsplash, wine rack, coffee station, wine fridge, breakfast bar & seamless access to the yard. Iron picket oak stairs lead to a spacious primary retreat with W/I closet & updated 3pc ensuite. 2 additional bedrooms (one currently configured as a W/I) & a renovated 4pc bath complete the level. The finished basement offers a stylish recreational space with wet bar, granite counters, custom cabinetry, wine fridge, barn doors, and reclaimed wood accents. A 3pc bath with heated floors and a well appointed laundry room add comfort. Additional features include a 6 car driveway, EV ready, soffit lighting, sprinkler system, upgraded lighting, updated windows, insulation, furnace/heat pump. Pool upgrades including liner, heater, sand filter, pump & cover. All this on a quiet, family friendly street. A rare blend of luxury, comfort, and lifestyle.

Key facts

Property type
Detached, Sidesplit 3
MLS®
W13607382
Bedrooms
3
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
38.65 × 104.52 ft
Cross streets
Walkers Line and Palmer Dr.
Parking
1 garage · 7 parking (built-in)
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$5,797 / 2026
Days on market
57
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

OfficeGround3.10 × 3.06 m

hardwood floor · b/i shelves · pot lights

KitchenMain5.53 × 5.37 m

quartz counter · pot lights · hardwood floor

Bedroom 3Second2.48 × 3.06 m

hardwood floor · crown moulding · walk-in closet(s)

Primary BedroomSecond3.18 × 3.70 m

hardwood floor · crown moulding · walk-in closet(s)

RecreationBasement5.26 × 5.57 m

laminate · pot lights · wet bar

LaundryBasement2.07 × 2.63 m

laminate · laundry sink · quartz counter

Powder RoomGround0.93 × 2.03 m

ceramic floor · marble counter

Living RoomMain3.55 × 3.24 m

hardwood floor · bay window · pot lights

BathroomSecond2.74 × 1.51 m

4 pc bath · granite counters · ceramic floor

BathroomBasement1.54 × 2.63 m

3 pc bath · heated floor · granite counters

BathroomSecond2.00 × 2.40 m

3 pc ensuite · quartz counter · glass doors

Bedroom 2Second2.74 × 4.09 m

hardwood floor · crown moulding

Dining RoomMain1.95 × 3.24 m

hardwood floor · bay window · pot lights

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.34Mlikely sale price

Listed at $1,375,000. Going by how homes in Palmer and the wider GTA have actually closed against their asking prices (about 98%, 11 local closings in 90 days), the likely sale price is near $1.34M, if it sells. A realistic range is $1.26M to $1.51M.

Independent value check: $1.20M. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $1.12M and $1.25M).

Why $1.20M. The typical detached home sold in Palmer over the past year went for about $968K (52 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $5,797 a year; the typical home sold here pays about $4,900.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises it3 bedrooms and 4 baths, against 3+1 and 2 typically.
  • ▲ Raises it1 garage and 7 total parking spaces, against 1 and 3 typically.

Longer on the market than typical. 57 days on the market against about 18 for homes like it here, and asking 15% above where comparable closings put it.

List price
$1.26MBelow recent closings$1.51MAbove recent closings

Total price vs nearby homes. Likely closing about $1.34M, from 11 recent closings in this pocket.

The market behind the math:

11sold nearby · 90 days
$975Kmedian sold price
97%of asking, on average
−8%prices vs a year ago
~8 dayshomes like this take to sell
57days on market so far
$4,330/moest. rent · 7 leases
3.8%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.7 months of inventory: 10 detached homes for sale in the area against 11 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $786/sqft against an area asking average of $746/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.06M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($786/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Palmer, so I widened the search to the surrounding area.

Based on 11 comparable homes that sold in Palmer over the past two years, from 95 closings there.

What sellers nearby are askingCurrently listed nearby in Palmer · asking prices
$1.04Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.20M, which is where my estimate comes from.

Per square foot, these ask about $758/sqft; this home lists at $786/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.38MThis home1.10M1.06M1.19M898k950kThis home vs active comparables

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Headon
$1.15M
Mountainside
$930K
Brant Hills
$1.16M
Rose
$1.90M
Tyandaga
$2.00M

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
$6,267/mo
$257KIncome needed
5.4×Price ÷ income
$1,446Weekly cost
$23,975Land transfer tax, one-time (Ontario)
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.

93%mortgage
Mortgage $6,267Property tax $483Total carry $6,750

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,021per month

Mortgage amount $1,100,000 · 4.39% over 25 years

$275,000Down payment (20.0%)
$1,100,000Loan before insurance
$0CMHC premium
$6,504Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,021
Property tax
$483
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,504

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

One-time closing costs

Ontario land transfer tax
$23,975
Estimated closing costs
$23,975

Plus your down payment of $275,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$7,295/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

$706,335Total interest paid
$1,806,335Total of all payments
Principal $1,100,000 Interest $706,335
YearPrincipalInterestBalance
1$24,892$47,362$1,075,108
2$25,996$46,257$1,049,112
3$27,150$45,103$1,021,962
4$28,355$43,898$993,607
5$29,614$42,640$963,993
6$30,928$41,326$933,065
7$32,301$39,953$900,765
8$33,734$38,519$867,031
9$35,231$37,022$831,799
10$36,795$35,459$795,005
11$38,428$33,826$756,577
12$40,133$32,120$716,443
13$41,915$30,339$674,529
14$43,775$28,479$630,754
15$45,718$26,536$585,036
16$47,747$24,507$537,290
17$49,866$22,388$487,424
18$52,079$20,175$435,345
19$54,390$17,863$380,955
20$56,804$15,449$324,151
21$59,325$12,928$264,825
22$61,958$10,295$202,867
23$64,708$7,545$138,159
24$67,580$4,674$70,579
25$70,579$1,674$0

At the end of your 5-year term

Total paid over the term
$361,267
Principal paid down
$136,007
Interest paid
$225,260
Balance remaining
$963,993

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
From 7 whole-home leases in Palmer$4,330/mo
$51,960Gross annual rent
2.8%Cap rate after taxes and upkeep
$3,983 to $4,676Typical rent range

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 7 whole-home leases in Palmer signed at a median of $3,917 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,330. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.8%
Gross yield
− Property tax $5,797− Insurance $1,400− Vacancy & upkeep $5,716Net operating income $39,047

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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