4038 Lakeshore Road, Burlington

Price: $15,999,000

7 bedrooms, 10 bathrooms

5,000 sq ft

Property Type: Single Family Home

MLS#: W11971617

Experience luxurious waterfront living in prestigious Burlington, in Greater Toronto Area. This renovated 11563 S.F. estate offers world-class amenities, breathtaking lake views & exquisite finishes. With a saltwater pool, private dock & lush gardens, this is one of Canada's finest residences. This exquisite estate on meticulously manicured one-acre property offers 120' of accessible waterfront, a seawall & a 30' dock with boat hoists. Stunning white stone English manor offers modern luxury living at its finest. The property underwent $4M renovation in 2016-17, designed by Studio H, with only the finest finishes selected for this gracious 18-room mansion. Winding circular driveway leads to a stunning faade & a 3-tier stone fountain, backyard offering saltwater pool, waterfall, stone patios, BBQ, private dock, gazebo, playground, hot tub & fragrant perennial gardens right on the blue lake. Enjoy panoramic lake views & breezes from most rooms, with architectural design specifically enhancing the lake panorama. The main floor features elegant principal rooms, a domed two-story marble foyer overlooking the lake, 10' & 11' ceilings & custom Selba kitchen. The second floor boasts six bedrooms w/six spa-like stone bathrooms with steam rooms & heated floors, with the master suite offering panoramic views of the pool, rose garden & Lake Ontario. The luxurious spa room features 6' free-standing Neptune tub & separate shower with steam, double vanity with alabaster countertop, and a separate powder room. The lower level features heated floors, state-of-the-art home theatre, glass wine bar, music room, recreation room w/gas fireplace, gym, nanny's suite, steam room, 1000 bottle climate controlled wine cellar & cedar closet. Crafted with only the finest finishes, including limestone, alabaster, marble, granite, travertine, quartz, chrome, gold leaf, porcelain & Swarovski crystal, this is one of Canada's finest residences & rare opportunity to own a world-class lakefront estate.

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$15,999,000 - 4038 Lakeshore Road, Burlington

Single Family Home for Sale in Burlington

32 days on market
7Beds
10Baths
5,000Sq Ft
Single Family Home
Property Details
MLS Number
W11971617
Property Type
Single Family Home
Status
active
Days on Site
32
Bedrooms
7
Bathrooms
10
Square Feet
5,000 sqft
Neighbourhood
Burlington
Lot Size
1 sqft
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Experience luxurious waterfront living in prestigious Burlington, in Greater Toronto Area. This renovated 11563 S.F. estate offers world-class amenities, breathtaking lake views & exquisite finishes. With a saltwater pool, private dock & lush gardens, this is one of Canada's finest residences. This exquisite estate on meticulously manicured one-acre property offers 120' of accessible waterfront, a seawall & a 30' dock with boat hoists. Stunning white stone English manor offers modern luxury living at its finest. The property underwent $4M renovation in 2016-17, designed by Studio H, with only the finest finishes selected for this gracious 18-room mansion. Winding circular driveway leads to a stunning faade & a 3-tier stone fountain, backyard offering saltwater pool, waterfall, stone patios, BBQ, private dock, gazebo, playground, hot tub & fragrant perennial gardens right on the blue lake. Enjoy panoramic lake views & breezes from most rooms, with architectural design specifically enhancing the lake panorama. The main floor features elegant principal rooms, a domed two-story marble foyer overlooking the lake, 10' & 11' ceilings & custom Selba kitchen. The second floor boasts six bedrooms w/six spa-like stone bathrooms with steam rooms & heated floors, with the master suite offering panoramic views of the pool, rose garden & Lake Ontario. The luxurious spa room features 6' free-standing Neptune tub & separate shower with steam, double vanity with alabaster countertop, and a separate powder room. The lower level features heated floors, state-of-the-art home theatre, glass wine bar, music room, recreation room w/gas fireplace, gym, nanny's suite, steam room, 1000 bottle climate controlled wine cellar & cedar closet. Crafted with only the finest finishes, including limestone, alabaster, marble, granite, travertine, quartz, chrome, gold leaf, porcelain & Swarovski crystal, this is one of Canada's finest residences & rare opportunity to own a world-class lakefront estate.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$70,768.97/mo

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5-yr fixed avg.

Principal: $12,799,200Interest: $8,431,492
Mortgage Amount$12,799,200
Total Interest$8,431,492
Est. Property Tax$11,333/mo
Total Cost$21,230,692

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Burlington

Discover Burlington

Burlington is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Burlington

  • Convenient location in Burlington
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

M.M. Robinson High SchoolPublic High School
Nelson High SchoolPublic High School
Assumption Catholic Secondary SchoolCatholic High School
Corpus Christi Catholic Secondary SchoolCatholic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Burlington offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

4038 Lakeshore Road, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$6,000/mo
Range: $5,100 - $6,900
Cap Rate (ROI)
-0.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$6,000
Maintenance Fees-$0
Property Tax (est.)-$11,333
Insurance (est.)-$3,333
Net Cash Flow-$8,666

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Premium Pricing

At $3200/sqft, this property is priced above the Burlington average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 32 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Larger Home Realities

At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Burlington.

Bathroom Count Matters

With 10 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Burlington Lifestyle

Burlington offers a balance of urban convenience and suburban tranquility. Growing families appreciate the newer schools and community feel. The GO Train provides reasonable Toronto access. Home values have appreciated steadily as families seek alternatives to Toronto's density and pricing.

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