5515 BLIND Line, Burlington, ON
Rural Burlington, Burlington · MLS® W13637358
About this home
In short
- Experience the perfect balance of historic character and modern luxury in this meticulously restored 1880 Heritage Victorian.
- Situated on a serene 2.1-acre parcel in the coveted village of Lowville, this home offers an idyllic retreat surrounded by nature and rolling horse farms.
- The main level exudes charm with 10-foot ceilings, authentic oak plank hardwood floors, and a bright, farmhouse-inspired kitchen.
- The upper level features a spacious primary suite with a spa-like ensuite and walk-in closet, alongside three additional generous bedrooms and a four-piece bath.
- Complete with a newly rebuilt, detached 3-car garage featuring a versatile loft, this property is a rare gem in an exceptional location.
Experience the perfect balance of historic character and modern luxury in this meticulously restored 1880 Heritage Victorian. Situated on a serene 2.1-acre parcel in the coveted village of Lowville, this home offers an idyllic retreat surrounded by nature and rolling horse farms. The main level exudes charm with 10-foot ceilings, authentic oak plank hardwood floors, and a bright, farmhouse-inspired kitchen. Designed for practical living, the main floor also includes a mudroom and laundry room. The upper level features a spacious primary suite with a spa-like ensuite and walk-in closet, alongside three additional generous bedrooms and a four-piece bath. Enjoy scenic outdoor living from the classic front porch or the extensive wrap-around rear porch. Complete with a newly rebuilt, detached 3-car garage featuring a versatile loft, this property is a rare gem in an exceptional location! Let's get you home!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13637358
- Bedrooms
- 4
- Bathrooms
- 3 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 328 × 290 ft
- Cross streets
- Guelph Line to Colling Road to Blind Line
- Parking
- 3 garage · 13 parking (detached)
- Basement
- Full, Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Property tax
- $5,164 / 2025
- Days on market
- 49
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
4 Pc Bath
3 Pc Bath
2 Pc Bath
Listed at $2,399,000. Going by how homes in Rural Burlington and the wider GTA have actually closed against their asking prices (about 95%, 12 local closings in 90 days), the likely sale price is near $2.28M, if it sells. A realistic range is $2.14M to $2.57M.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.
Total price vs nearby homes. Likely closing about $2.28M, from 12 recent closings in this pocket.
The market behind the math:
About 1.5 months of inventory: 6 detached homes for sale in the area against 12 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $872/sqft against an area asking average of $1,163/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 12 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.04M. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Primary suite: a key comfort and resale feature. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($872/sqft) is below the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Rural Burlington, so I widened the search to the surrounding area.
Based on 12 comparable homes that sold in Rural Burlington over the past two years, from 74 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing 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 $1.61M, which is where my estimate comes from.
Per square foot, these ask about $858/sqft; this home lists at $872/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Rural Burlington, Burlington, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 4.24% via Ratehub.ca (as of September 23, 2026); conventional rates run a little higher.
Mortgage amount $1,919,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,505
- Property tax
- $430
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,936
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $46,450
- Estimated closing costs
- $46,450
Plus your down payment of $479,800. 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
- $630,312
- Principal paid down
- $237,295
- Interest paid
- $393,017
- Balance remaining
- $1,681,905
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 numbersThe last 6 whole-home leases in Rural Burlington signed at a median of $3,500 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,653. 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.
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.