1324 Aldridge Crescent, Burlington, ON

Palmer, Burlington · MLS® W13718038

$849,900
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 1324 Aldridge Crescent, a charming 3-bedroom side-split nestled on a spacious 60 ft x 100 ft corner lot in a well-established Burlington neighbourhood.
  • Step outside and enjoy the generous corner lot and private backyard, complete with a large deck, mature greenery and established garden areas.
  • The location is equally appealing, with a nearby elementary school approximately 700 metres away and Burlington Mall approximately 2.7 km away, plus convenient access...
  • A wonderful opportunity to own a charming 3-bedroom home on a desirable corner lot in a convenient Burlington location.
  • Bright, inviting and offering a fantastic outdoor setting-come see the possibilities at 1324 Aldridge Crescent.

Welcome to 1324 Aldridge Crescent, a charming 3-bedroom side-split nestled on a spacious 60 ft x 100 ft corner lot in a well-established Burlington neighbourhood. This inviting home offers a comfortable layout with bright, welcoming spaces and excellent outdoor potential. The sun-filled breakfast area is a true highlight, featuring two skylights that fill the space with natural light-an ideal spot for morning coffee, casual meals and family gatherings. The finished lower level provides additional versatile living space, perfect for a recreation room, home office, playroom or entertaining. Step outside and enjoy the generous corner lot and private backyard, complete with a large deck, mature greenery and established garden areas. The spacious outdoor setting offers plenty of room to relax, entertain, garden or enjoy summer evenings with family and friends. The location is equally appealing, with a nearby elementary school approximately 700 metres away and Burlington Mall approximately 2.7 km away, plus convenient access to parks, shopping, restaurants, recreation and everyday amenities. A wonderful opportunity to own a charming 3-bedroom home on a desirable corner lot in a convenient Burlington location. Bright, inviting and offering a fantastic outdoor setting-come see the possibilities at 1324 Aldridge Crescent!

Key facts

Property type
Detached, Sidesplit 3
MLS®
W13718038
Bedrooms
3
Bathrooms
2
Size
1100-1500 sq ft
Lot
100.18 × 60.13 ft
Cross streets
Mainway / NorthSide Rd
Parking
1 garage · 3 parking (attached)
Driveway
Available
Basement
Crawl Space, Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,061 / 2026
Days on market
26
Listing brokerage
BONNATERA REALTY

Rooms

Bedroom 2Second3.85 × 2.95 m
Family RoomMain4.90 × 3.46 m
KitchenMain3.87 × 2.91 m
Primary BedroomSecond3.77 × 2.95 m
RecreationSub-Basement5.70 × 4.10 m
Dining RoomMain3.07 × 2.84 m
Bedroom 3Second3.40 × 2.70 m
LaundrySub-Basement2.86 × 3.29 m
SittingMain6.40 × 3.32 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$829Klikely sale price

Listed at $849,900. 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 $829K, if it sells. A realistic range is $777K to $934K.

Independent value check: $802K. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $751K and $840K).

Why $802K. The typical detached home sold in Palmer over the past year went for about $968K (52 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $4,061 a year; the typical home sold here pays about $4,900.
List price
$777KBelow recent closings$934KAbove recent closings

Total price vs nearby homes. Likely closing about $829K, 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
5.3%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 $654/sqft against an area asking average of $760/sqft.

  • Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
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 $792K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($654/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 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
$992kavg 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 $802K, which is where my estimate comes from.

Per square foot, these ask about $763/sqft; this home lists at $654/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
850kThis home880k949k950k1.19M990kThis 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.

Mountainside
$930K
Headon
$1.15M
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
$3,874/mo
$162KIncome needed
5.3×Price ÷ income
$894Weekly cost
$13,473Land 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.

92%mortgage
Mortgage $3,874Property tax $338Total carry $4,212

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)
$3,722per month

Mortgage amount $679,920 · 4.39% over 25 years

$169,980Down payment (20.0%)
$679,920Loan before insurance
$0CMHC premium
$4,060Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,722
Property tax
$338
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,060

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

One-time closing costs

Ontario land transfer tax
$13,473
Estimated closing costs
$13,473

Plus your down payment of $169,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$4,509/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

$436,592Total interest paid
$1,116,512Total of all payments
Principal $679,920 Interest $436,592
YearPrincipalInterestBalance
1$15,386$29,275$664,534
2$16,069$28,592$648,466
3$16,782$27,879$631,684
4$17,527$27,134$614,157
5$18,304$26,356$595,853
6$19,117$25,544$576,736
7$19,965$24,695$556,771
8$20,851$23,809$535,920
9$21,777$22,884$514,143
10$22,743$21,917$491,400
11$23,753$20,908$467,647
12$24,807$19,854$442,840
13$25,908$18,753$416,932
14$27,058$17,603$389,875
15$28,258$16,402$361,616
16$29,513$15,148$332,104
17$30,822$13,838$301,281
18$32,190$12,470$269,091
19$33,619$11,041$235,472
20$35,111$9,549$200,360
21$36,669$7,991$163,691
22$38,297$6,364$125,394
23$39,997$4,664$85,397
24$41,772$2,889$43,626
25$43,626$1,035$0

At the end of your 5-year term

Total paid over the term
$223,302
Principal paid down
$84,067
Interest paid
$139,235
Balance remaining
$595,853

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 9 whole-home leases in Palmer$3,746/mo
$44,952Gross annual rent
4.1%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.

5.3%
Gross yield
− Property tax $4,061− Insurance $1,400− Vacancy & upkeep $4,945Net operating income $34,547

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

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