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Listed 9 days ago

3423 Lakeshore Road

Roseland, Burlington

$1,198,000

Detached|Bungalow
1 | 3 | 4
About this home

A RARE LAKESHORE ROAD OPPORTUNITY IN ROSELAND! Introducing 3423 Lakeshore Road, an exceptional 65' x 120' property offering the opportunity to create a remarkable custom residence in one of south Burlington's most desirable lakefront communities. With Lake Ontario just steps away, this is a setting that combines an enviable lifestyle with outstanding long-term potential. A complete architectural vision by DA Design Inc. of Mississauga is available for an approximately 4,000 square foot contemporary luxury residence. The proposed design embraces modern architecture, generous living spaces and a strong connection between the interior and outdoor spaces, providing an exciting blueprint for a truly distinctive home. The planning process is already underway, with grading and forestry approvals secured and zoning currently under review. Beyond the property itself, the location is a standout. Stroll to the waterfront, explore scenic trails and nearby parks, or enjoy the exceptional restaurants, cafes, boutiques and amenities of downtown Burlington, all within minutes. This is a neighbourhood where established character, natural beauty, and an exceptional quality of life come together. Whether you are looking to build a personal residence, pursue a custom development project or secure a premium property in a highly sought-after location, 3423 Lakeshore Road presents an opportunity worth serious consideration. And for those with a larger vision, the neighbouring property at 3425 Lakeshore Road may also be available. Acquiring both would create an extraordinary 130' x 120' property, opening the door to an even greater redevelopment opportunity on prestigious Lakeshore Road. Opportunities of this scale, setting and potential are rare. This is your chance to create something truly remarkable in Roseland. (Certain exterior images have been digitally enhanced to depict summer conditions.)

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nest zoom realty
(416) 276-9973
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$7,336
Lot Size65 ft x 120 ft
mls© NumberW13730718
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.

Listing History

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  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,132
Property tax
$611
Heat allowance
$150
Housing costs
$6,893 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $239,600
25-yr amortization

Income needed

$212,000

gross annual household income

Payment at 4%
$5,041 / mo
Cash down
$239,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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