2724 8 Side Road, Burlington, ON

Rural Burlington, Burlington · MLS® W13657920

$1,399,900
For Sale
Listed 43 days agoNo offer date stated
3Bedrooms
1Bathrooms
8Parking
1100-1500Sq ft

About this home

In short

  • Discover the charm of country living in Burlington's highly sought-after countryside.
  • Nestled on almost an acre of picturesque property, this inviting 3-bedroom, 1-bathroom bungalow offers a rare opportunity to enjoy privacy, natural beauty, and an...

Discover the charm of country living in Burlington's highly sought-after countryside. Nestled on almost an acre of picturesque property, this inviting 3-bedroom, 1-bathroom bungalow offers a rare opportunity to enjoy privacy, natural beauty, and an exceptional location just moments from the charming villages of Kilbride and Lowville.Surrounded by peaceful greenery and stunning Escarpment views, the property features a creek running through the rear, creating a serene and scenic backdrop to everyday living. The expansive yard provides plenty of space to relax, entertain, garden, or simply enjoy the outdoors, complete with a natural gas BBQ line for effortless summer gatherings.Ideally situated close to local village amenities, scenic trails, golf courses, and the many recreational opportunities Burlington and the surrounding countryside have to offer. Whether you're looking for a quiet country retreat, a property to renovate and personalize, or an opportunity to expand and create your dream home, this property offers incredible potential in a truly special setting.Enjoy the tranquility of rural living without sacrificing convenience - all in one of Burlington's most desirable countryside locations.

Key facts

Property type
Detached, Bungalow
MLS®
W13657920
Bedrooms
3
Bathrooms
1
Size
1100-1500 sq ft
Lot
110 × 300 ft
Cross streets
Guelph Line & Number 8 Side Road
Parking
8 parking
Basement
Full, Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Block
Roof
Asphalt Rolled
Sewer
Septic
Property tax
$5,433 / 2025
Days on market
43
Listing brokerage
RE/MAX EXPERTS

Rooms

OtherLower12.61 × 8.38 m
BedroomMain3.79 × 3.09 m
BedroomMain3.11 × 2.88 m
BedroomMain3.11 × 3.04 m
Family RoomMain5.57 × 3.51 m
KitchenMain3.51 × 3.10 m
Dining RoomMain2.87 × 2.84 m
Our TakeTeam Asgarian · Broker
A discount is typical here
$1.33Mlikely sale price

Listed at $1,399,900. 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 $1.33M, if it sells. A realistic range is $1.25M to $1.50M.

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.

List price
$1.25MBelow recent closings$1.50MAbove recent closings

Total price vs nearby homes. Likely closing about $1.33M, from 12 recent closings in this pocket.

The market behind the math:

12sold nearby · 90 days
$1.81Mmedian sold price
89%of asking, on average
+20%prices vs a year ago
~49 dayshomes like this take to sell
43days on market so far
$2,812/moest. rent · 8 leases
2.4%gross yield on the ask
Seller's market
Buyer's marketSeller's market

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.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,077/sqft against an area asking average of $1,031/sqft.

  • Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 $1.12M. Condition and finishes remain an in-person call.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($1,077/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 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.

What sellers nearby are askingCurrently listed nearby in Rural Burlington · asking prices
$1.41Mavg 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 $1.10M, which is where my estimate comes from.

Per square foot, these ask about $996/sqft; this home lists at $1,077/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 6 active listings nearby.

See all comparable homes
1.40MThis home1.65M899k620k1.60M2.29MThis home vs active comparables

Neighbourhood & location

Rural Burlington, 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.

Alton
$1.48M
Rose
$1.90M
Orchard
$1.08M
Headon
$1.15M
Brant Hills
$1.16M

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
$6,380/mo
$260KIncome needed
5.4×Price ÷ income
$1,472Weekly cost
$24,473Land 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 $6,380Property tax $453Total carry $6,833

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)
$6,130per month

Mortgage amount $1,119,920 · 4.39% over 25 years

$279,980Down payment (20.0%)
$1,119,920Loan before insurance
$0CMHC premium
$6,583Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,130
Property tax
$453
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,583

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

One-time closing costs

Ontario land transfer tax
$24,473
Estimated closing costs
$24,473

Plus your down payment of $279,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$7,427/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

$719,126Total interest paid
$1,839,046Total of all payments
Principal $1,119,920 Interest $719,126
YearPrincipalInterestBalance
1$25,342$48,219$1,094,578
2$26,467$47,095$1,068,110
3$27,642$45,920$1,040,469
4$28,869$44,693$1,011,600
5$30,150$43,412$981,450
6$31,488$42,074$949,962
7$32,885$40,676$917,077
8$34,345$39,217$882,732
9$35,869$37,693$846,863
10$37,461$36,101$809,401
11$39,124$34,438$770,278
12$40,860$32,702$729,417
13$42,674$30,888$686,744
14$44,568$28,994$642,176
15$46,546$27,016$595,631
16$48,611$24,951$547,019
17$50,769$22,793$496,251
18$53,022$20,540$443,229
19$55,375$18,187$387,853
20$57,833$15,729$330,021
21$60,400$13,162$269,621
22$63,080$10,482$206,541
23$65,880$7,682$140,661
24$68,804$4,758$71,857
25$71,857$1,705$0

At the end of your 5-year term

Total paid over the term
$367,809
Principal paid down
$138,470
Interest paid
$229,339
Balance remaining
$981,450

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 8 whole-home leases in Rural Burlington$2,812/mo
$33,744Gross annual rent
1.7%Cap rate after taxes and upkeep
$2,587 to $3,673Typical rent range
~10 daysTo find a tenant, on average

About the suite: in Rural Burlington basements rarely rent out (0 of 13 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

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 8 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 $2,812. 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.

2.4%
Gross yield
− Property tax $5,433− Insurance $1,400− Vacancy & upkeep $3,712Net operating income $23,199

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXPERTS. MLS®/PropTx.

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