Move-in ready and minutes from downtown Burlington, this three bedroom, two and a half bath semi-detached home offers 1,587 square feet of refreshed living space with the work already done. The whole home has just been painted top to bottom, with new plumbing fixtures (2026) and electrical fixtures throughout, so you can unpack and settle in. The main level has a comfortable, functional layout for everyday living and entertaining, with a convenient powder room for guests. Upstairs, new carpet (2026) runs through the entire second level. Three well-sized bedrooms include a primary retreat with its own ensuite. A bonus loft with new vinyl plank flooring (2026) adds flexible space for a home office, reading nook, playroom or media area, whatever your lifestyle calls for. The unfinished basement gives you room to grow. Finish it as a rec room, gym or extra living space, or keep it for generous storage. A single-car garage with a brand new door (2026) adds parking and practical storage. The location is the real standout. You're just moments from downtown Burlington's shops, restaurants, cafés and the waterfront at Spencer Smith Park, with schools, parks, grocery stores and everyday amenities close by. Commuters will appreciate easy access to major routes and transit. Fresh, updated and ideally located, 2040 Grovetree Lane is a great fit for first-time buyers, growing families and downsizers alike. RSA
3 bedrooms, 1 bathroom, about 1,500 sq ft, works out to roughly $567 per square foot. Chat with Zara if you'd like a deeper read on whether this townhouse fits your budget and timing.
Inside 2040 Grovetree Lane
Every detail from the listing, in one place.
Type
Townhouse
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Full, Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Full · Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Att/Row/Townhouse
2040 Grovetree Lane Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14154984$849,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 2040 Grovetree Lane Compares to the Burlington Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,175
/mo
based on the purchase price of $849,900
$169,980 cash
$679,920 financed
$572,671 total interest
Principal54%$679,920
Interest46%$572,671
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Burlington
Other 2–4 bed homes for sale in Burlington around $850K.
Average days on market33Homes sold in about 33 days on average.
Sale-to-list ratio97.4%On average, homes sold below asking.
Active listings824Homes for sale here right now.
Median vs prior 90 days−1.0%Compared with May 10 – Aug 8, 2026: prices down.
Based on 972 sales from Aug 8 – Nov 6, 2026 (792 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 2040 Grovetree Lane
How much is 2040 Grovetree Lane listed for?
2040 Grovetree Lane is listed at $849,900 (MLS® W14154984). Summitly updates the price as soon as the MLS® record changes.
Is $849,900 a good price for 2040 Grovetree Lane?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Burlington. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 2040 Grovetree Lane changed?
No — 2040 Grovetree Lane is still listed at its original asking price of $849,900.
How many bedrooms and bathrooms does 2040 Grovetree Lane have?
2040 Grovetree Lane has 3 bedrooms and 1 bathroom, with about 1,500–2,000 square feet of living space. It is a townhouse in Burlington.
How much would the monthly mortgage be on 2040 Grovetree Lane?
About $4,175 a month — principal and interest on $849,900 with 20% down ($169,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 2040 Grovetree Lane compare with other homes in Burlington?
Its asking price of $849,900 is about 10% below the median sold price in Burlington over the last 90 days, $940,000, across 972 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 2040 Grovetree Lane been sold before?
Summitly has no earlier MLS® sale or lease of 2040 Grovetree Lane on record from the last two years. Older records aren't shown under TRREB rules.
Where is 2040 Grovetree Lane?
2040 Grovetree Lane is in Burlington, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 2040 Grovetree Lane been on the market?
1 day — 2040 Grovetree Lane was listed on November 5, 2026.
What is the price per square foot of 2040 Grovetree Lane?
About $425 to $567 per square foot: the asking price of $849,900 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 2040 Grovetree Lane have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
Does 2040 Grovetree Lane have a basement, and is it finished?
The listing describes the basement as: Full, Unfinished.
