Burlington, ON · · MLS® W13715952Updated
$539,000Est. $2,648/mo mortgage
485 Timber Lane is a 2-bedroom, 1-bathroom condo townhouse in Burlington, listed for $539,000. It has 1000-1199 sq ft of living space.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Welcome to 485 Timber Lane, a bright and thoughtfully designed condo townhouse offering space, flexibility, and easy everyday living.This 2+1 bedroom, 2-bathroom home features an open-concept main living space with pot lights, creating a warm and inviting setting for both relaxing and entertaining. Step outside to your large private patio, offering valuable outdoor space for morning coffee, summer dinners, or simply enjoying some fresh air.The large basement adds even more versatility and can be tailored to whatever your lifestyle needs - a spacious recreation room, home office, guest space, gym, or even an additional bedroom.With parking, generous living space, two full bathrooms, and a layout that can adapt as your needs change, this is a home that gives you more than just the basics. *Some Photos Virtually Staged*
2 bedrooms, 1 bathroom, about 1,000 sq ft, works out to roughly $539 per square foot. Chat with Zara if you'd like a deeper read on whether this condo townhouse fits your budget and timing.
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
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Zara’s estimate
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
Full Burlington market reportSold prices are shown free to signed-in members, as board rules require.
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6 nearby sales vs. this home
Closed sales from MLS®, compared with this home's asking price.
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| Home | Sold price | $ / sqft | % of asking | Sold |
|---|---|---|---|---|
This home485 Timber Lane 2 bd · 1 ba · 1,000 sqft | $539,000asking | $539 | — | — |
| 1121 Cooke Boulevard 2 bd · 3 ba · 1,600 sqft | ||||
| 3050 ROTARY Way 2 bd · 2 ba · 1,200 sqft | ||||
| 5057 Pinedale Avenue 3 bd · 1 ba · 1,200 sqft | ||||
| 519 Claridge Road 3 bd · 1 ba · 1,200 sqft | ||||
| 710 Spring Gardens Road 3 bd · 2 ba · 1,200 sqft | ||||
| 3230 New Street 2 bd · 2 ba · 1,600 sqft |
2 bd · 3 ba · 1,600 sqft
2 bd · 2 ba · 1,200 sqft
3 bd · 1 ba · 1,200 sqft
3 bd · 1 ba · 1,200 sqft
3 bd · 2 ba · 1,200 sqft
2 bd · 2 ba · 1,600 sqft
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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.
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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.
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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Listing brokerage: RE/MAX PREMIER INC., BrokerageMLS® W13715952 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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.
Other 2–3 bed homes for sale in Burlington around $539K.
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Based on 1,046 sales from Jul 23 – Oct 21, 2026 (750 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
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485 Timber Lane is listed at $539,000 (MLS® W13715952). Summitly updates the price as soon as the MLS® record changes.
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
Yes — it was first listed at $498,000 and is now $539,000, an increase of $41,000 (8.2%).
485 Timber Lane has 2 bedrooms and 1 bathroom, with about 1,000–1,199 square feet of living space. It is a condo townhouse in Burlington.
The nearest rapid-transit station is Appleby GO Station (Lakeshore West GO), about 1.2 km (about a 15-minute walk) in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
About $2,648 a month — principal and interest on $539,000 with 20% down ($107,800), 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.
Its asking price of $539,000 is about 43% below the median sold price in Burlington over the last 90 days, $949,000, across 1,046 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.
Summitly has no earlier MLS® sale or lease of 485 Timber Lane on record from the last two years. Older records aren't shown under TRREB rules.
485 Timber Lane is in Burlington, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
56 days — 485 Timber Lane was listed on August 26, 2026.
About $450 to $539 per square foot: the asking price of $539,000 over the 1,000–1,199 sq ft the listing gives as its size range.
Yes — the listing gives 1 parking space.
