Available on mobile

Take Summitly with you.

Browse listings, get instant alerts, and talk to your AI concierge — all from your pocket.

Download on theApp StoreGet it onGoogle Play

Weekly market briefing

The smartest move starts here.

Curated listings, price trends, and neighbourhood insights — delivered Sunday morning.

Summitly

Your trusted partner in real estate. We help you find your perfect home, make informed decisions, and connect with expert professionals across Canada.

Explore

Map SearchBrowse ListingsBrowse RentalsSold HomesOpen Houses

Sell & Rent

Sell Your HomeHome ValuationList Your Rental — FreeRental PricingRenting on Summitly

Resources

CalculatorsGet Pre-QualifiedNews & InsightsGuidesBlogAI ConciergeFranchise

Company

AboutContactFind a RealtorCareers — Join SummitlyFAQs
310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

Privacy PolicyTerms of UseCookiesSitemap

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

    Summitly Logo
    Buy
    Sell
    Rent
    Pre-con
    Meet ZaraMy HomeNews & Insights
    HomeBuySell
    For sale Listed 6 days ago

    4042 Melba Lane

    Shoreacres·Burlington, ON·L7L 2C3·Near Spruce Ave and Walkers Line

    • 3 beds
    Burlington real estate›W13456472
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Extensively renovated (2026) family home on idyllic tree lined street in sought after Shoreacres in South Burlington! Generously sized (1558 sqft above grade + 676sqft lower level) on a large corner lot with mature gardens & trees. Welcoming curb appeal continues as you enter the home. Main floor foyer features triple coat closet with built in organizers & alcove with shoe bench (with under storage). The living room boasts hardwood, 4 large windows, wood burning fireplace with surround, crown moulding and flows into the dining room. The dining room is adorned by a modern chandelier, walks out to the back deck & opens to the kitchen. The kitchen is finished with quartz countertops & backsplash, double undermount SS sink with brass faucet, 2 modern light fixtures, newly installed cabinetry with undermount lighting & brass hardware. SS appliances include LG fridge/freezer with water/ice dispenser, Samsung stove with exhaust hood, Samsung dishwasher, & microwave. Small number of stairs lead to upper level with roomy bedrooms including primary with hardwood, smooth ceiling, double closet with shaker style doors & solid wood bedroom door. Lux main bathroom with 24' tile floor, vertical porcelain subway tiles, "brushed gold colour" fixtures including rain style shower head & oversized vanity with custom quartz counter. 2 additional bedrooms & convenient linen closet on upper level. Ground level is a versatile space for a home office or family room with hardwood floors, walkout to backyard, inside garage entry, and 3 piece bath. Lower level offers a great rec room with premium vinyl floor, pot lighting & smooth ceiling. Also provides a flexible den/office/bedroom, laundry (new LG W&D), and rough-in for future bath. Outside you'll find a backyard and sideyard with limitless potential. The backyard is very private and accessible via 2 walkouts. The sideyard is very underutilized at the moment, but can be transformed with fencing & landscaping to unlock an amazing large space!

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 17, 2026ListedCurrentFor sale$1,329,000 —W13456472This page
    Sep 23, 2025SoldSold$1,035,000−$114,000 (9.9%)W12359146View
    Aug 22, 2025Previously listedSld$1,149,000 —W12359146View
    May 2, 2025Previously listedExp$1,249,000 —W12120761View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      5
      Heating
      Forced Air
      Air conditioning
      Central Air
      Fireplaces
      1
      Water source
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 4042 Melba Lane
    What's nearby

    Points of interest classified by the MLS® feed.

    • Level
    • Park
    • Public Transit
    • School
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $6,529
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $554
    0.50% mill rate · ON
    The market

    How this home sits in the Burlington market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Burlington market right now

    Average sold price, days on market, and closed-transaction count for Burlington — sourced from MLS®.

    • Avg sold price
      $1,086,663
      Last 30 days
    • Median sold price
      $945,000
      Middle of the market
    • Days on market
      30 d
      Avg from list to close
    • Closed last 30d
      777
      MLS® transactions
    Full Burlington market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 4042 Melba Lane — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 4042 Melba Lane and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 4042 Melba Lane listed for?

      4042 Melba Lane is listed at $1,329,000 on the MLS® (listing W13456472). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 4042 Melba Lane have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 2 baths
  2. 1500-2000 sqft
  3. Detached
  4. Built 51-99
  5. Asking
    $1,329,000
    $0 / sqft · MLS® W13456472
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,086,663
    $999,730Confidence range$1,173,596
    Asking vs estimate
    ↑↑well-above
    +$242,337
    (+22.3%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Burlington sell in about 30 days — this one has been listed 6 days.

    Avg sold price
    $1,086,663
    Median sold
    $945,000
    Avg days on market
    30
    Recently sold
    777
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    AI highlights by Zara
    • Generously sized (1558 sqft above grade + 676sqft lower level) on a large corner lot with mature gardens & trees.
    • The living room boasts hardwood, 4 large windows, wood burning fireplace with surround, crown moulding and flows into the dining room.
    • The dining room is adorned by a modern chandelier, walks out to the back deck & opens to the kitchen.
    • Ground level is a versatile space for a home office or family room with hardwood floors, walkout to backyard, inside garage entry, and 3 piece bath.
    Ask Zara a follow-up
    Municipal
    Sewer
    Sewer
  7. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    1
    Parking spaces
    5
    Driveway
    Private Double
  8. Interior

    5
    Basement
    Full, Finished
    Family room
    Y
    Kitchens
    1
    Total rooms
    9
    Laundry level
    Lower Level
  9. Exterior & construction

    4
    Exterior
    Brick Veneer, Aluminum Siding
    Roof
    Asphalt Shingle
    Foundation
    Concrete Block
    Pool
    None
  10. Lot & land

    2
    Year built
    51-99
    Zoning
    R2.1
  11. Listing & possession

    3
    Occupancy
    Immediate/Flexible
    Property style
    Sidesplit 4
    Property class
    Detached
  12. Room-by-room · 14 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    3 rooms
    • Kitchen
      hardwood floor · quartz counter · double sink
      14.2 × 10.2 ft
    • Living Room
      hardwood floor · brick fireplace · large window
      19.2 × 12.6 ft
    • Dining Room
      hardwood floor · walk-out · open concept
      10.9 × 10.8 ft

    Ground level

    2 rooms
    • Bathroom
      3 Pc Bath
      7.1 × 4.8 ft
    • Family Room
      hardwood floor · walk-out · 3 pc bath
      23.4 × 11.1 ft

    Upper level

    4 rooms
    • Bathroom
      4 pc bath · quartz counter · large window
      7.6 × 7.4 ft
    • Bedroom 2
      hardwood floor · double closet · large window
      13.9 × 10.0 ft
    • Bedroom 3
      hardwood floor · double closet · large window
      10.5 × 9.1 ft
    • Primary Bedroom
      hardwood floor · double closet · large window
      13.9 × 10.8 ft

    Basement level

    5 rooms
    • Cold Room/Cantina
      6.5 × 3.9 ft
    • Den
      vinyl floor · pot lights · window
      12.2 × 8.8 ft
    • Laundry
      vinyl floor · laundry sink
      12.4 × 9.3 ft
    • Utility Room
      15.0 × 5.4 ft
    • Recreation
      vinyl floor · pot lights
      19.4 × 12.9 ft
  13. Wooded/Treed
  14. Combined estimate
    $7,083
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $6,529
    /mo
    based on the purchase price of $1,329,000
    $265,800 cash
    $1,063,200 financed
    $895,493 total interest
    Monthly payment$6,529/ month
    Principal54%$1,063,200
    Interest46%$895,493

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Burlington

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 3125 Michael Crescent
      Sold
      Sign in for price
      3125 Michael Crescent
      Detached
    • 668 Bridle Wood
      Sold
      Sign in for price
      668 Bridle Wood
      Detached
    • 1319 Janina Boulevard
      Sold
      Sign in for price
      1319 Janina Boulevard
      Detached
    • 4269 Vivaldi Road
      Sold
      Sign in for price
      4269 Vivaldi Road
      Detached
    • 2279 Pathfinder Drive
      Sold
      Sign in for price
      2279 Pathfinder Drive
      Detached
    • 1063 Maplehurst Avenue
      Sold
      Sign in for price
      1063 Maplehurst Avenue
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    4042 Melba LaneThis home3 / 215,002,000$1,329,000ask———
    3125 Michael Crescent3 / 21,100—
    668 Bridle Wood3 / 21,100—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Burlington

    Active listings within ±20% of this asking price.

    • 5940 Blue Spruce Avenue
      $1,499,000
      5940 Blue Spruce Avenue
      Detached 4 4
    • 2393 Arnold Crescent
      $1,399,999
      2393 Arnold Crescent
      Detached 4 4
    • 3938 Koenig Road
      $1,398,000
      3938 Koenig Road
      Detached 4 5
    • 1087 Augustus Drive
      $1,100,000
      1087 Augustus Drive
      Detached 3 4
    • 2450 Overton Drive
      $1,199,000
      2450 Overton Drive
      Detached 3 3
    • 5399 Sheldon Park Drive
      $1,350,000
      5399 Sheldon Park Drive
      Detached 3 4
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  15. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  16. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  17. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  18. Public listing courtesy of Royal LePage Real Estate Services Ltd., Brokerage · displayed on Summitly per MLS® data-share rules

    4042 Melba Lane is a 3-bedroom, 2-bath, 1500-2000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  19. When was 4042 Melba Lane built?

    4042 Melba Lane was built in 51-99. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  20. What is the property tax for 4042 Melba Lane?

    The 'Property tax' tab in the History section shows the most recent annual tax for 4042 Melba Lane plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  21. How much would the monthly mortgage be on 4042 Melba Lane?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,329,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  22. Has 4042 Melba Lane been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 4042 Melba Lane with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  23. What neighbourhood is 4042 Melba Lane in?

    4042 Melba Lane is in Shoreacres, Burlington. The 'Neighbourhood' section below links to the live Burlington real estate hub with average sold price, days on market, and current inventory.

  24. Is Burlington a good place to live?

    Burlington is one of ON's actively-tracked Summitly markets. The full Burlington real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  25. 1319 Janina Boulevard
    2 / 2
    1,100
    —
    4269 Vivaldi Road4 / 42,000—
    2279 Pathfinder Drive3 / 31,500—
    1063 Maplehurst Avenue3 / 21,100—