1432 Dewbourne Crescent, Burlington, ON

Palmer, Burlington · MLS® W13717528

$1,189,000
For Sale
Listed 26 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Garage · 3 parking
1100-1500Sq ft

About this home

In short

  • Welcome to 1432 Dewbourne Crescent, a beautiful three-level backsplit nestled on a mature, family-friendly street in Burlington's desirable Palmer neighbourhood.
  • Set on a 48.25 x 99.05 ft lot, this lovingly maintained home offers the space, setting and warmth that families are looking for.
  • The heart of the home is the bright, open-concept main level, featuring a beautifully updated kitchen with a large island that creates the perfect gathering place for...
  • This three-bedroom, two-bathroom home has been thoughtfully updated over the years, including a stunning five-piece bathroom renovation in 2017 with a freestanding...
  • Located close to parks, schools, amenities and highway access, this is a neighbourhood where families can settle in and enjoy everything the area has to offer.

Welcome to 1432 Dewbourne Crescent, a beautiful three-level backsplit nestled on a mature, family-friendly street in Burlington's desirable Palmer neighbourhood. Set on a 48.25 x 99.05 ft lot, this lovingly maintained home offers the space, setting and warmth that families are looking for. The heart of the home is the bright, open-concept main level, featuring a beautifully updated kitchen with a large island that creates the perfect gathering place for entertaining, family meals and everyday life. The generous layout also offers separate dining and living room areas, providing plenty of space for hosting family and friends while still enjoying comfortable quality time together. This three-bedroom, two-bathroom home has been thoughtfully updated over the years, including a stunning five-piece bathroom renovation in 2017 with a freestanding tub, large separate shower and skylight that fills the space with natural light. The kitchen skylight was replaced in 2018, the roof was completed approximately in 2015, and the driveway curbing, pathway and front steps were updated in 2021. The bathroom skylight was replaced in 2024, and both the furnace and air conditioner were replaced in 2024 and are owned. The primary bedroom closet was recently replaced in August 2026. Outside, enjoy beautifully landscaped front and rear yards, an attached garage and parking for three. One of the home's most special features is its location backing directly onto green space at Sycamore Park, offering a wonderful natural backdrop and easy access to outdoor recreation. Located close to parks, schools, amenities and highway access, this is a neighbourhood where families can settle in and enjoy everything the area has to offer!

Key facts

Property type
Detached, Backsplit 3
MLS®
W13717528
Bedrooms
3
Bathrooms
2 (1 half)
Size
1100-1500 sq ft
Lot
48.25 × 99.05 ft
Cross streets
Centennial Dr. and Palmer Dr.
Parking
1 garage · 3 parking (built-in)
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,822 / 2026
Days on market
26
Listing brokerage
RIGHT AT HOME REALTY
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.16Mlikely sale price

Listed at $1,189,000. 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 $1.16M, if it sells. A realistic range is $1.09M to $1.31M.

Independent value check: $1.05M. Without looking at the asking price, our model values the home itself about 12% below the ask (homes like it typically land between $985K and $1.10M).

Why $1.05M. 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 $5,822 a year; the typical home sold here pays about $4,900.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$1.09MBelow recent closings$1.31MAbove recent closings

Total price vs nearby homes. Likely closing about $1.16M, 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
26days on market so far
$3,746/moest. rent · 9 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 $915/sqft against an area asking average of $733/sqft.

  • Park / green-space backing. The listing says this home backs onto or abuts a park or green space. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my in-person call.
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 $1.01M. Condition and finishes remain an in-person call.

What the listing highlights3 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
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

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
$926kavg 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 $1.05M, which is where my estimate comes from.

Per square foot, these ask about $713/sqft; this home lists at $915/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.19MThis home950k949k880kThis 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
$5,419/mo
$225KIncome needed
5.3×Price ÷ income
$1,251Weekly cost
$20,255Land 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.

92%mortgage
Mortgage $5,419Property tax $485Total carry $5,904

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)
$5,207per month

Mortgage amount $951,200 · 4.39% over 25 years

$237,800Down payment (20.0%)
$951,200Loan before insurance
$0CMHC premium
$5,692Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,207
Property tax
$485
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,692

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

One-time closing costs

Ontario land transfer tax
$20,255
Estimated closing costs
$20,255

Plus your down payment of $237,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$6,308/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

$610,787Total interest paid
$1,561,987Total of all payments
Principal $951,200 Interest $610,787
YearPrincipalInterestBalance
1$21,524$40,955$929,676
2$22,480$40,000$907,196
3$23,477$39,002$883,718
4$24,519$37,960$859,199
5$25,608$36,872$833,591
6$26,744$35,735$806,847
7$27,931$34,548$778,916
8$29,171$33,309$749,745
9$30,465$32,014$719,280
10$31,818$30,662$687,462
11$33,230$29,250$654,232
12$34,704$27,775$619,528
13$36,245$26,235$583,283
14$37,853$24,626$545,430
15$39,533$22,946$505,897
16$41,288$21,192$464,609
17$43,120$19,359$421,489
18$45,034$17,445$376,455
19$47,033$15,447$329,422
20$49,120$13,359$280,302
21$51,300$11,179$229,002
22$53,577$8,903$175,425
23$55,955$6,525$119,470
24$58,438$4,041$61,032
25$61,032$1,448$0

At the end of your 5-year term

Total paid over the term
$312,397
Principal paid down
$117,609
Interest paid
$194,789
Balance remaining
$833,591

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.

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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 9 whole-home leases in Palmer$3,746/mo
$44,952Gross annual rent
2.8%Cap rate after taxes and upkeep
$3,446 to $4,045Typical 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 9 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 $3,746. 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 $5,822− Insurance $1,400− Vacancy & upkeep $4,945Net operating income $32,785

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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