Preserve the past or create the future! A rare opportunity to own a piece of Burlington's history on a magnificent 95 x 148 ft lot in prestigious South Burlington. This property has no heritage designation. Dating back to 1878, this charming red-brick farmhouse has ties to prominent Burlington families and offers a glimpse into the city's rich heritage. Steeped in character, this 3-bedroom, 3-bathroom home retains many of its original architectural details, including soaring 12 ft ceilings on the main floor, large windows that fill the principal rooms with natural light, original trim and baseboards where preserved, and a traditional centre-hall layout. Generously sized rooms and a large screened-in rear porch overlooking the extensively landscaped backyard add to the home's charm and appeal. Its historical roots and distinctive character make this property one of exceptional potential. With no heritage designation, buyers have the freedom to restore its original charm, renovate to suit today's lifestyle, or rebuild and create something entirely new (subject to municipal approvals). Set among mature trees and surrounded by established homes in one of Burlington's most desirable neighbourhoods, this substantial property presents a remarkable opportunity. Offered for sale for the first time in 60 years, 3318 Lakeshore Road is ready for its next chapter. One property. Endless possibilities. Come explore the potential!
3 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $875 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 3318 Lakeshore Rd
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
8 spaces
Basement
Full, Unfinished
Features & systems
Parking & garage
Parking spaces
8
Interior
Basement
Full · Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
3318 Lakeshore Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14153730$1,750,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 3318 Lakeshore Rd 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
$8,597
/mo
based on the purchase price of $1,750,000
$350,000 cash
$1,400,000 financed
$1,179,167 total interest
Principal54%$1,400,000
Interest46%$1,179,167
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 3–4 bed homes for sale in Burlington around $1.8M.
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 3318 Lakeshore Rd
How much is 3318 Lakeshore Rd listed for?
3318 Lakeshore Rd is listed at $1,750,000 (MLS® W14153730). Summitly updates the price as soon as the MLS® record changes.
Is $1,750,000 a good price for 3318 Lakeshore Rd?
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 3318 Lakeshore Rd changed?
No — 3318 Lakeshore Rd is still listed at its original asking price of $1,750,000.
How many bedrooms and bathrooms does 3318 Lakeshore Rd have?
3318 Lakeshore Rd has 3 bedrooms and 3 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Burlington.
How much would the monthly mortgage be on 3318 Lakeshore Rd?
About $8,597 a month — principal and interest on $1,750,000 with 20% down ($350,000), 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 3318 Lakeshore Rd compare with other homes in Burlington?
Its asking price of $1,750,000 is about 86% above 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 3318 Lakeshore Rd been sold before?
Summitly has no earlier MLS® sale or lease of 3318 Lakeshore Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 3318 Lakeshore Rd?
3318 Lakeshore Rd is in Burlington, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 3318 Lakeshore Rd been on the market?
1 day — 3318 Lakeshore Rd was listed on November 5, 2026.
What is the price per square foot of 3318 Lakeshore Rd?
About $700 to $875 per square foot: the asking price of $1,750,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 3318 Lakeshore Rd have parking or a garage?
Yes — the listing gives 8 parking spaces.
Does 3318 Lakeshore Rd have a basement, and is it finished?
The listing describes the basement as: Full, Unfinished.
