5258 Cedar Springs Road, Burlington, ON
Rural Burlington, Burlington · MLS® W13745828
About this home
In short
- Beautifully renovated bungalow offering breathtaking views in every season.
- Thoughtfully designed with 2+1 bedrooms and 2.5 bathrooms, the open-concept main level features an inviting living space seamlessly connected to a well-appointed...
- The fully finished walkout basement extends the living area and adds versatility for guests or family enjoyment.
- Multiple outdoor seating areas surround the large in-ground saltwater pool, creating a true backyard retreat for entertaining and family fun.
Beautifully renovated bungalow offering breathtaking views in every season. Set on a stunning -acre lot with coveted southwest exposure, this exceptional home captures spectacular sunsets from the sun-filled sunroom overlooking a peaceful forested backdrop. Thoughtfully designed with 2+1 bedrooms and 2.5 bathrooms, the open-concept main level features an inviting living space seamlessly connected to a well-appointed kitchen, perfect for everyday living and entertaining. The fully finished walkout basement extends the living area and adds versatility for guests or family enjoyment. Cozy up by the gas fireplace on the main level or enjoy the warmth and character of the custom stone wood-burning fireplace on the lower level. Step outside to a private deck off the primary bedroom-an ideal spot for morning coffee-while the main lower-level deck sets the scene for evening relaxation with a glass of wine. Multiple outdoor seating areas surround the large in-ground saltwater pool, creating a true backyard retreat for entertaining and family fun. With its exceptional location, panoramic views, and impeccable turn-key condition, this home offers a rare opportunity to enjoy comfort, style, and nature in perfect harmony. Let's get you home!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13745828
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 3 (1 half)
- Size
- 1100-1500 sq ft
- Lot
- 100 × 333.89 ft
- Cross streets
- -
- Parking
- 2 garage · 10 parking (attached)
- Driveway
- Circular Drive, Private
- Basement
- Finished, Finished with Walk-Out, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Pool
- Inground, Salt
- Property tax
- $6,545 / 2026
- Days on market
- 18
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
2 Pc Bath
3 Pc Bath
3 Pc Bath
Listed at $1,599,999. 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 $1.52M, if it sells. A realistic range is $1.43M to $1.72M.
Independent value check: $1.40M. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $1.31M and $1.46M).
Why $1.40M. The typical detached home sold in Rural Burlington over the past year went for about $1.91M (42 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $6,545 a year; the typical home sold here pays about $8,200.
- ▼ Lowers it stronglyIt is 1,100 to 1,500 sq ft; the typical home sold here is 2,500 to 3,000.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises itIts lot is 100 by 334 ft; the typical lot sold here is 173 by 365.
Total price vs nearby homes. Likely closing about $1.52M, from 12 recent closings in this pocket.
The market behind the math:
About 2 months of inventory: 8 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 $1,231/sqft against an area asking average of $1,121/sqft.
- Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. In Rural Burlington basements rarely rent out (0 of 13 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of Burlington.
- Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the 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 12 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.31M. 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.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
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.
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 $1.40M, which is where my estimate comes from.
Per square foot, these ask about $984/sqft; this home lists at $1,231/sqft. Size is part of the price story, not just the sticker.
The 5 closest 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 $1,279,999 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,006
- Property tax
- $545
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,552
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,475
- Estimated closing costs
- $28,475
Plus your down payment of $320,000. 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
- $420,383
- Principal paid down
- $158,262
- Interest paid
- $262,121
- Balance remaining
- $1,121,737
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
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 numbersThe last 7 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 $2,948. 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.