298 Strathcona Drive, Burlington

Price: $4,199,000

5 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W13502246

Located in Burlington's sought-after Shoreacres community, this custom modern residence offers an exceptional blend of design, function and lifestyle. Set on a deep 70 x 195 ft lot, just minutes from the lake, parks, top-rated schools and everyday amenities, this home delivers luxury living in one of South Burlington's most desirable neighbourhoods. Inside, the attention to detail is evident from the moment you enter the two-storey foyer, with white oak flooring, custom millwork, integrated lighting and a striking open-riser staircase. The main level is designed for entertaining, featuring a glass-enclosed wine room, expansive living and dining areas, and a showpiece kitchen with custom oak cabinetry, oversized quartz island, JennAir range, panelled appliances, hidden walk-in pantry and concealed prep kitchen. Upstairs, the primary suite feels like a private retreat with vaulted ceilings, treetop views, a custom dressing room, spa-inspired ensuite and private office. Three additional bedrooms include built-ins, stylish bath access and elevated finishes throughout. The fully finished walk-up lower level adds incredible versatility with heated floors, a large recreation space, full bar, glass-enclosed gym, guest/in-law suite and direct access to the covered lounge, hot tub and backyard. Outside, enjoy a resort-style setting with a heated saltwater pool, waterfall feature, outdoor kitchen, fire table, cedar fencing, mature landscaping and architectural lighting. A rare offering in Shoreacres with standout design, premium finishes and an unforgettable backyard experience. Luxury Certified.

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$4,199,000 - 298 Strathcona Drive, Burlington

Detached for Sale in Burlington

Popular Listing

Neighbourhood: Shoreacres

5Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
W13502246
Property Type
Detached
Status
active
Days on Site
8
Bedrooms
5
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Burlington
Listing Brokerage
RE/MAX Escarpment Realty Inc., Brokerage
Description

Located in Burlington's sought-after Shoreacres community, this custom modern residence offers an exceptional blend of design, function and lifestyle. Set on a deep 70 x 195 ft lot, just minutes from the lake, parks, top-rated schools and everyday amenities, this home delivers luxury living in one of South Burlington's most desirable neighbourhoods. Inside, the attention to detail is evident from the moment you enter the two-storey foyer, with white oak flooring, custom millwork, integrated lighting and a striking open-riser staircase. The main level is designed for entertaining, featuring a glass-enclosed wine room, expansive living and dining areas, and a showpiece kitchen with custom oak cabinetry, oversized quartz island, JennAir range, panelled appliances, hidden walk-in pantry and concealed prep kitchen. Upstairs, the primary suite feels like a private retreat with vaulted ceilings, treetop views, a custom dressing room, spa-inspired ensuite and private office. Three additional bedrooms include built-ins, stylish bath access and elevated finishes throughout. The fully finished walk-up lower level adds incredible versatility with heated floors, a large recreation space, full bar, glass-enclosed gym, guest/in-law suite and direct access to the covered lounge, hot tub and backyard. Outside, enjoy a resort-style setting with a heated saltwater pool, waterfall feature, outdoor kitchen, fire table, cedar fencing, mature landscaping and architectural lighting. A rare offering in Shoreacres with standout design, premium finishes and an unforgettable backyard experience. Luxury Certified.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$18,573.59/mo

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5-yr fixed avg.

Principal: $3,359,200Interest: $2,212,878
Mortgage Amount$3,359,200
Total Interest$2,212,878
Est. Property Tax$2,974/mo
Total Cost$5,572,078

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: Shoreacres

Discover Shoreacres

Shoreacres 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 Shoreacres

  • 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

Shoreacres 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

298 Strathcona Drive, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
0.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$2,974
Insurance (est.)-$875
Net Cash Flow+$601

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

Premium Pricing

At $1200/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.

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.

Larger Home Realities

At 3,500 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 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 5 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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    298 Strathcona Drive, Burlington | $4,199,000 | Battaglia Team