5123 Thornburn Drive, Burlington, ON

Uptown, Burlington · MLS® W13860088

$859,000
For Sale
Listed 11 days agoNo offer date stated
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3+1Bedrooms
4Bathrooms
1Garage · 3 parking
1100-1500Sq ft

About this home

In short

  • Welcome to this beautifully maintained and thoughtfully finished freehold townhouse in EastBurlington.
  • The main level features gleaming engineered hardwood flooring and a bright, inviting livingspace.
  • Upstairs, a convenient computer nook/office space, and a beautifully renovated primary ensuite.
  • The professionally finished basement adds valuable living space with an additional bedroom and washroom, making it ideal for guests, a growing family, or a home office.
  • Outside, enjoy a cedar deck and landscaped garden, perfect for relaxing or entertaining.

Welcome to this beautifully maintained and thoughtfully finished freehold townhouse in EastBurlington.The main level features gleaming engineered hardwood flooring and a bright, inviting livingspace. The updated kitchen showcases stainless steel appliances, porcelain tile flooring, and a stylish tumbled marble backsplash.Upstairs, a convenient computer nook/office space, and a beautifully renovated primary ensuite. The professionally finished basement adds valuable living space with an additional bedroom and washroom, making it ideal for guests, a growing family, or a home office. Outside, enjoy a cedar deck and landscaped garden, perfect for relaxing or entertaining. The private driveway provides parking for up to 3 cars with no sidewalk, offering excellent convenience. A wonderful opportunity to own a move-in-ready freehold, freshly painted townhome in a desirable East Burlington location.

Key facts

Property type
Townhouse, 2-Storey
MLS®
W13860088
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
1100-1500 sq ft
Lot
18.13 × 100.07 ft
Cross streets
Upper Middle/ Appleby
Parking
1 garage · 3 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$4,430 / 2025
Days on market
11
Listing brokerage
INTERNATIONAL REALTY FIRM, INC.

Rooms

RecreationLower4.10 × 5.15 m

Broadloom

BedroomLower3.70 × 3.05 m

broadloom · walk-in closet(s)

Primary BedroomSecond3.60 × 4.70 m

4 pc ensuite · walk-in closet(s) · broadloom

Dining RoomGround3.06 × 2.10 m

w/o to deck · hardwood floor · combined w/living

Bedroom 3Second3.55 × 2.50 m

Broadloom

Bedroom 2Second4.45 × 3.00 m

Broadloom

Living RoomGround3.85 × 5.20 m

combined w/dining · hardwood floor

KitchenGround2.73 × 2.95 m

stainless steel appl · ceramic floor · ceramic backsplash

Our TakeTeam Asgarian · Broker
A small discount is typical
$842Klikely sale price

Listed at $859,000. Going by how homes in Uptown and the wider GTA have actually closed against their asking prices (about 98%, 9 local closings in 90 days), the likely sale price is near $842K, if it sells. A realistic range is $789K to $949K.

Independent value check: $862K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $808K and $903K).

Why $862K. The typical townhouse sold in Uptown over the past year went for about $855K (24 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$789KBelow recent closings$949KAbove recent closings

Total price vs nearby homes. Likely closing about $842K, from 9 recent closings in this pocket.

The market behind the math:

9sold nearby · 90 days
$842Kmedian sold price
99%of asking, on average
−7%prices vs a year ago
~14 dayshomes like this take to sell
11days on market so far
$3,200/moest. rent · 17 leases
4.5%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $661/sqft against an area asking average of $601/sqft.

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 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $856K. Condition and finishes remain an in-person call.

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
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Uptown, so I widened the search to the surrounding area.

Based on 13 homes sold on this street over the past two years, from 54 closings in Uptown.

What sellers nearby are askingCurrently listed nearby · asking prices
$942kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $862K, which is where my estimate comes from.

Per square foot, these ask about $596/sqft; this home lists at $661/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
859kThis home920k875k1.03MThis home vs active comparables

Sold price trend

Median sold price for townhouses in Burlington: $829K in September 2026, down 2% from a year ago, on 174 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Burlington as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$920K19
November 2025$828K8
December 2025$859K12
January 2026$830K7
February 2026$895K12
March 2026$890K14
April 2026$848K26
May 2026$870K15
June 2026$869K16
July 2026$850K11
August 2026$870K15
September 2026$829K19

Neighbourhood & location

Uptown, 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.

Orchard
$900K
Rose
$933K
Appleby
$876K
Alton
$880K
Roseland
$1.02M

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
$3,915/mo
$164KIncome needed
5.2×Price ÷ income
$903Weekly cost
$13,655Land 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.

91%mortgage
Mortgage $3,915Property tax $369Total carry $4,284

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,800per month

Mortgage amount $687,200 · 4.49% over 25 years

$171,800Down payment (20.0%)
$687,200Loan before insurance
$0CMHC premium
$4,169Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,800
Property tax
$369
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,169

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

One-time closing costs

Ontario land transfer tax
$13,655
Estimated closing costs
$13,655

Plus your down payment of $171,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,599/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

$452,694Total interest paid
$1,139,894Total of all payments
Principal $687,200 Interest $452,694
YearPrincipalInterestBalance
1$15,335$30,260$671,865
2$16,032$29,564$655,833
3$16,760$28,836$639,073
4$17,521$28,075$621,553
5$18,316$27,280$603,237
6$19,148$26,448$584,089
7$20,017$25,579$564,072
8$20,926$24,670$543,146
9$21,876$23,720$521,270
10$22,869$22,727$498,401
11$23,908$21,688$474,493
12$24,993$20,603$449,500
13$26,128$19,468$423,372
14$27,314$18,282$396,058
15$28,554$17,041$367,504
16$29,851$15,745$337,653
17$31,206$14,390$306,447
18$32,623$12,973$273,824
19$34,104$11,491$239,719
20$35,653$9,943$204,067
21$37,272$8,324$166,795
22$38,964$6,632$127,831
23$40,733$4,863$87,098
24$42,582$3,013$44,516
25$44,516$1,080$0

At the end of your 5-year term

Total paid over the term
$227,979
Principal paid down
$83,963
Interest paid
$144,016
Balance remaining
$603,237

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 17 whole-home leases in Uptown$3,200/mo
$38,400Gross annual rent
3.3%Cap rate after taxes and upkeep
$2,953 to $3,360Typical 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 17 whole-home leases in Uptown signed at a median of $3,230 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,200. 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.

4.5%
Gross yield
− Property tax $4,430− Insurance $1,400− Vacancy & upkeep $4,224Net operating income $28,346

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

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