3346 Terra Cotta Lane, Burlington, ON
Alton, Burlington · MLS® W13729234
About this home
5 Elite Picks! Here Are 5 Reasons To Own This Executive & Stunning, North Facing, Premium 43' Front, Fernbrook "Stonecastle" Model With Many Impressive Upgrades, Nestled In The Affluent, Family Friendly & Quiet Neighborhood Of Alton Village! 1) This Turn-Key 4+1 Bedroom, 4 Bathroom, Carpet Free Home With 9 Foot Smooth Ceiling On Main, Offers Over 4,000 Sq. Ft Of Living Area (3,002 Sq. Ft Above Grade) Including A Fully Finished Basement. 2) Expansive Contemporary Kitchen With Oversized Quartz Island, Matching Kitchen Countertop & A Stylish Backsplash Accented With High-End Stainless Steel Built-In Appliances Including Cafe Induction Range With Double Oven & Air Fry. 3) Main Floor Features Double Door Entry With A Large Foyer, Open Concept Layout & 20 Cathedral Ceiling. The Modern Open Concept Living & Dining Room Boast Rich Stained Hardwood Flooring & A Cozy Gas Fireplace In Large Family Room Plus A Private Library/Den/ Office Space. W/O To A Beautiful Fully Fenced Backyard Complete With A Wooden Deck. 4) Second Floor Features Elegant Primary Bedroom With Two Walk-In Closets. The Luxurious Master En-Suite Features Dual Sinks, Glass Shower Surround, Quartz Countertop & A Deep Corner Soaking Tub. The Remaining 3 Bedrooms Are Generous Sized & Beautifully Decorated. 5) The Professionally Finished Basement W/Large Windows & High End Finishes Includes A Large Rec Room & In-Law Suite With Own Bedroom & Private Bathroom. Extras: Functional Floor Plan, Stairs With Iron Pickets, California Shutters, Pot Lights & Quartz Countertops Throughout (2024), Laundry @2nd Floor, Furnace (2022), AC (2024). Walking Distance To Alton Village Public School, St. Anne Catholic ES, Dr. Frank J. Hayden SS, Burlington Public Library, Haber Rec Centre, Soccer & Football Fields, Parks. Few Minutes Drive To Almost Every Big Box Store, Restaurant & Community Centre! Close To Go Train, Hwy 401/QEW & 407. A Must See! True Gem To Call Home! https://www.wideandbright.ca/3346-terra-cotta-lane-burlington
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13729234
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 3000-3500
- Lot
- 42.98 × 85.3 ft
- Cross streets
- Terra Cotta Lane/Doug Wright
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,055 / 2025
- Listing brokerage
- EXP REALTY
Rooms
hardwood floor · california shutters · closet
hardwood floor · california shutters · closet
centre island · pantry · w/o to deck
hardwood floor · california shutters · closet
hardwood floor · california shutters · pot lights
hardwood floor · california shutters · pot lights
laminate · california shutters
laminate · california shutters
hardwood floor · 5 pc ensuite · walk-in closet(s)
hardwood floor · california shutters · fireplace
Listed at $1,680,000, and my independent estimate is right in line with comparable homes.
Total price vs nearby homes. Fair value about $1.68M, median of 10 comparables.
The market behind the math:
Price per square foot: this home lists at $517/sqft against an area asking average of $536/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
I take the 10 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.
It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.77M, a close match.
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
- 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
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Based on 10 comparable homes nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $561/sqft; this home lists at $517/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
Alton, 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 4.09% via Ratehub.ca (as of September 1, 2026); conventional rates run a little higher.
Mortgage amount $1,344,000 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,246
- Property tax
- $755
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,000
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,075
- Estimated closing costs
- $30,075
Plus your down payment of $336,000. 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
- $434,739
- Principal paid down
- $169,153
- Interest paid
- $265,586
- Balance remaining
- $1,174,847
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 numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of EXP REALTY. MLS®/PropTx.