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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® W14001196For SaleOther

5 Oak Street-4449 Milburough Line

Rural Burlington, Burlington, Ontario L7P 0C5

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5 Oak Street-4449 Milburough Line, Burlington, photo 1
Asking$529,900
Bedrooms
2
Bathrooms
2
Size
1,100–1,500sq ft
Per sq ft
$408at the range’s middle
Tax a year
$6542026 tax year
Built
6-15
Parking
3none
Days on market
Members

The brief

About 5 Oak Street-4449 Milburough Line

5 Oak Street-4449 Milburough Line is a 2-bedroom, 2-bathroom home in Rural Burlington, Burlington, listed for sale at an asking price of $529,900 (MLS® W14001196).

Nestled within an exclusive gated community in Burlington, Lost Forest Park offers a unique, low-maintenance lifestyle surrounded by nature, comfort and community. This bright, spacious and beautifully appointed, home showcases an inviting open-concept design complemented by elegant finishes and thoughtful details throughout. At the heart of the home is a stunning, designer-inspired kitchen featuring unique Elmira Stove Works Retro Collection appliances. This kitchen has been beautifully crafted for both everyday living and effortless entertaining. A large centre island, abundant white cabinetry, stylish pendant lighting and a tasteful backsplash. This space seamlessly blends style and functionality. The Living space is bright and cozy featuring a modern farmhouse aesthetic, a floor to ceiling fireplace with a natural wood mantle. Two bedrooms offer flexibility and comfort, including a spacious primary retreat complete with a sought-after walk-in closet and three-piece ensuite. The second bedroom offers versatility as a guest room, den or home office complete with a walkout to the outdoor retreat, perfect for enjoying a quiet morning coffee, unwinding or simply taking in the peaceful, natural surroundings. An in-suite laundry room and an additional four piece bathroom add to everyday convenience. Life at Lost Forest Park is about enjoying more of what matters. Residents have access to an array of amenities, including a seasonal swimming pool, horseshoe pits, a community centre with organized activities and maintained grounds. A welcoming community that combines a relaxed, resort-inspired atmosphere with the ease of carefree living. Located in North Burlington, just minutes from shopping, scenic trails, golf and highway access, this exceptional home offers the perfect opportunity to downsize without compromising on style, comfort or lifestyle. Discover the freedom of maintenance-free living and experience all that Lost Forest Park has to offer.

Insights

  • Condition Score

    Good

    6 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Covers costs

    +$328/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 55 homes with 2 bedrooms for lease in Burlington right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$654 / 2026
MLS® number
W14001196
Board
TRREB MLS®
Property Type
Modular Home
Building Age
6-15
Days on market
Size
1100-1500 sqft
Listed on
Parking
None, 3 Parking
Listing brokerage: RE/MAX ESCARPMENT REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Modular Home
Style
Bungalow
Community
Rural Burlington
Municipality
Burlington

Building

Size
1100-1500 sqft
Building Age
6-15
Construction
Vinyl Siding

Inside

Bedrooms
2
Bathrooms
2
Bathroom Details
1 × 4pc Main, 1 × 3pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
None
Additional Parking
3
Total Parking
3

Utilities

Water
Well
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Septic

Additional

Foundation
Poured Concrete
Roof
Asphalt Shingle
Fireplace
Yes
Pool
Inground, Community
Den
No
Family room
No
Extras
Fridge, Stove, BI Microwave, Washer, Dryer, BI Dishwasher, Shed, Generator, Life Breath System, Heat Tracer, Cellular Booster.

Rooms

RoomSizeFeaturesLevel
Kitchen3.78 × 6.41 mB/I Appliances, Sliding DoorsMain
Living3.83 × 4.78 mFireplace, B/I ShelvesMain
Primary3.8 × 3.98 mW/I Closet, 3 Pc EnsuiteMain
Bathroom1.82 × 2.73 m3 Pc EnsuiteMain
Other1.62 × 3.02 mW/I Closet, Sliding DoorsMain
2nd Br3.1 × 2.91 mSliding Doors, Overlook Patio, ClosetMain
Bathroom1.51 × 2.76 m4 Pc BathMain
Laundry1.87 × 2.71 m—Main

Listing history

Buy/sell history for 5 Oak Street-4449 Milburough Line, Burlington, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$529,900N/ASceW14001196

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $105,980

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$105,980
Total mortgage amount
$423,920
Total interest payment
$301,480
Total purchase cost
$831,380
Mortgage payment
$2,418/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

9%

Monthly carrying cost

$2,472
$328per month
  • Carrying cost $2,472
  • Surplus $328

Rental income opens at $2,800, the median asking rent of 55 comparable homes for lease in Burlington. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$7,073
Total land transfer tax
$7,073
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$3,073
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $529,900
$2,598
Ontario total
$7,073

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

12 records · 8 on fileRead 2026-10-28
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 m8 water-supply wells recorded within 250 mGroundwater recorded about 3.5 m below ground nearbyBedrock about 2.1 m down nearbyInside the Greenbelt (Niagara Escarpment Plan) and the Niagara Escarpment plan area (Escarpment Protection Area)Nearest airport: 7.7 km1 licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Burlington Hydro Inc.Fibre to the home, Cable, DSL internet listed for this area
On record Checked, none on record

Water and conservation4

  • No mapped wetland within 120 m120 m
  • 8 water-supply wells recorded within 250 m4 of them were drilled for domestic use; 2 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 13.7 m.250 m
  • Groundwater recorded about 3.5 m below ground nearbyThe middle water level in the well records within 500 m (15 records). It changes with the season and from spot to spot.500 m
  • Bedrock about 2.1 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m

Province of Ontario open data

Planning and building activity2

  • Inside the Greenbelt (Niagara Escarpment Plan) and the Niagara Escarpment plan area (Escarpment Protection Area)These provincial plans set policies on new buildings, new lots and some changes to the land; the municipality can say which apply to this property.At the address
  • Nearest airport: 7.7 km7.7 km

Province of Ontario open data

Environmental records4

  • 1 licensed pit or quarry within 2 kmThe nearest is 1.7 km away, as mapped.2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet2

  • Electricity is distributed here by Burlington Hydro Inc.At the address
  • Fibre to the home, Cable, DSL internet listed for this areaFibre to the home: Bell, Cogeco Connexion, Rogers. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, GrassRoots Technology, Rogers, SkyChoice Communications, Standard Broadband. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.At the address

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Conservation Haltonor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

The market

Homes for sale in Rural Burlington right now

For sale now
10
Median asking price
$526K

Middle half: $516K to $530K

New in 7 days
1

3 in 28 days

Price cuts
20%

2 listings

This home is asking 1% above the median, higher than three quarters of them.

See all homes in Rural Burlington

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Flamborough Centre SchoolHamilton-Wentworth DSBPublic · grades JK–83.4 km65%Grade 6 average
Guardian Angels Catholic Elementary SchoolHamilton-Wentworth CDSBCatholic · grades JK–83.9 km82%Grade 6 average
Mary Hopkins Public SchoolHamilton-Wentworth DSBPublic · grades JK–4 · French Immersion4.3 km61%Grade 3 average
ÉÉC Saint-PhilippeConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–88.4 km75%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Waterdown District High SchoolHamilton-Wentworth DSBPublic · grades 9–124.8 km56%Grade 9 math
Notre Dame Catholic Secondary SchoolHalton CDSBCatholic · grades 9–12 · French Immersion5.4 km67%Grade 9 math
M M Robinson High SchoolHalton DSBPublic · grades 9–12 · French Immersion6.1 km58%Grade 9 math
Dr. Frank J. Hayden Secondary SchoolHalton DSBPublic · grades 9–126.9 km64%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

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Sold prices in Rural Burlington are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record