3312 Lakeland Cres is a 3-bedroom, 2-bathroom detached home in Burlington, listed for $5,500,000. It has 2500-3000 sq ft of living space.
1Oversized main level primary suite with vaulted ceiling, walk-in closet, spa-inspired 5-piece ensuite and walk-out!
2Open concept great room with vaulted ceiling, gas fireplace and walk-out to terrace and waterside deck with sweeping views of Lake Ontario and beyond!
3Custom kitchen with granite, gas cooktop and walk-out from dining.
Lakefront! Amazing 2,861 sq.ft. bungaloft in prime south of Lakeshore Road location on an 80' x 200' lot + water lot/riparian rights! Completely rebuilt and added on to in 2002. Oversized main level primary suite with vaulted ceiling, walk-in closet, spa-inspired 5-piece ensuite and walk-out! Open concept great room with vaulted ceiling, gas fireplace and walk-out to terrace and waterside deck with sweeping views of Lake Ontario and beyond! Custom kitchen with granite, gas cooktop and walk-out from dining. Main level office and main level laundry/mudroom with abundant storage. Two additional oversized bedrooms and a full bathroom on the upper level. Professionally finished lower level, hardwood floors, pot lighting, irrigation, double garage with inside entry and a double drive with parking for 6 cars! 3 bedrooms and 2.5 bathrooms. Luxury Certified.
3 bedrooms, 2 bathrooms, about 2,500 sq ft, works out to roughly $2,200 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 3312 Lakeland Cres
Every detail from the listing, in one place.
Type
Detached
Style
Bungaloft
Living space
2500-3000 sq ftas stated on the listing
Parking
8 spacesYes garage
Basement
Full, Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
8
Interior
Basement
Full · Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungaloft
Property class
Detached
3312 Lakeland Cres Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13463230$5,500,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 3312 Lakeland Cres Compares to the Burlington Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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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
$27,020
/mo
based on the purchase price of $5,500,000
$1,100,000 cash
$4,400,000 financed
$3,705,955 total interest
Principal54%$4,400,000
Interest46%$3,705,955
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.
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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 2–6 bed homes for sale in Burlington around $5.5M.
Average days on market33Homes sold in about 33 days on average.
Sale-to-list ratio97.5%On average, homes sold below asking.
Active listings832Homes for sale here right now.
Median vs prior 90 days+0.4%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 1,007 sales from Jul 25 – Oct 23, 2026 (757 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
3312 Lakeland Cres is listed at $5,500,000 (MLS® W13463230). Summitly updates the price as soon as the MLS® record changes.
Is $5,500,000 a good price for 3312 Lakeland Cres?
Summitly rates it Well Above Market: the asking price is 15% or more above 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 3312 Lakeland Cres changed?
No — 3312 Lakeland Cres is still listed at its original asking price of $5,500,000.
How many bedrooms and bathrooms does 3312 Lakeland Cres have?
3312 Lakeland Cres has 3 bedrooms and 2 bathrooms, with about 2,500–3,000 square feet of living space. It is a detached home in Burlington.
Is 3312 Lakeland Cres close to transit?
The nearest rapid-transit station is Burlington GO Station (Lakeshore West GO), about 3.5 km in a straight line. Appleby GO Station is about 4.4 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 3312 Lakeland Cres?
About $27,020 a month — principal and interest on $5,500,000 with 20% down ($1,100,000), 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 3312 Lakeland Cres compare with other homes in Burlington?
Its asking price of $5,500,000 is about 480% above the median sold price in Burlington over the last 90 days, $949,000, across 1,007 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 3312 Lakeland Cres been sold before?
Summitly has no earlier MLS® sale or lease of 3312 Lakeland Cres on record from the last two years. Older records aren't shown under TRREB rules.
Where is 3312 Lakeland Cres?
3312 Lakeland Cres is in Burlington, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 3312 Lakeland Cres been on the market?
127 days — 3312 Lakeland Cres was listed on June 18, 2026.
What is the price per square foot of 3312 Lakeland Cres?
About $1,833 to $2,200 per square foot: the asking price of $5,500,000 over the 2,500–3,000 sq ft the listing gives as its size range.
Does 3312 Lakeland Cres have parking or a garage?
Yes — the listing gives 8 parking spaces. Garage: Yes.
