4306 Lakeshore Road, Burlington

Price: $1,999,000

5 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W12502976

Exceptional opportunity on the prestigious south side of Lakeshore Road, right next to the iconic Palette Mansion. This beautifully renovated 3+2 bedroom, 3-bathroom bungalow offers over 3,400 sq. ft. of finished living space and a flexible layout ideal for downsizers, multigenerational living, or income potential.The main level boasts 3 spacious bedrooms, including a private primary suite with a generous walk-in closet and a spa-like 5-piece ensuite. The gourmet kitchen, elegant dining area, and sun-filled living room with fireplace create an inviting space perfect for both everyday living and entertaining.The fully finished lower level features a separate entrance, large family room with fireplace, wet bar, 2 additional bedrooms, and a full bath a perfect setup for extended family, guests, or rental use.Enjoy multiple outdoor living areas, including a welcoming front patio and a private side terrace, ideal for alfresco dining or quiet moments. The smart L-shaped layout enhances privacy and natural light, and the inside-entry garage adds convenience.Located in one of Burlingtons most desirable school districts and just steps to the lake, parks, trails, and all amenities this is Lakeshore living at its best!

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$1,999,000 - 4306 Lakeshore Road, Burlington

Detached for Sale in Burlington

117 days on market
5Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W12502976
Property Type
Detached
Status
active
Days on Site
117
Bedrooms
5
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Burlington
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Exceptional opportunity on the prestigious south side of Lakeshore Road, right next to the iconic Palette Mansion. This beautifully renovated 3+2 bedroom, 3-bathroom bungalow offers over 3,400 sq. ft. of finished living space and a flexible layout ideal for downsizers, multigenerational living, or income potential.The main level boasts 3 spacious bedrooms, including a private primary suite with a generous walk-in closet and a spa-like 5-piece ensuite. The gourmet kitchen, elegant dining area, and sun-filled living room with fireplace create an inviting space perfect for both everyday living and entertaining.The fully finished lower level features a separate entrance, large family room with fireplace, wet bar, 2 additional bedrooms, and a full bath a perfect setup for extended family, guests, or rental use.Enjoy multiple outdoor living areas, including a welcoming front patio and a private side terrace, ideal for alfresco dining or quiet moments. The smart L-shaped layout enhances privacy and natural light, and the inside-entry garage adds convenience.Located in one of Burlingtons most desirable school districts and just steps to the lake, parks, trails, and all amenities this is Lakeshore living at its best!

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Estimated Payment

$8,842.25/mo

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5-yr fixed avg.

Principal: $1,599,200Interest: $1,053,475
Mortgage Amount$1,599,200
Total Interest$1,053,475
Est. Property Tax$1,416/mo
Total Cost$2,652,675

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

4306 Lakeshore Road, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$1,416
Insurance (est.)-$416
Net Cash Flow+$1,868

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $1000/sqft, this property is priced in line with current Burlington market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 117 days on site, this property has exceeded the typical selling timeline for Burlington. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Burlington are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 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 3 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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