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For saleMLS® W13673162

1016-1018 WATERDOWN Road, Burlington, ON L7T 1N3

Bayview · L7T 1N3

$2,950,000

$218 / sq ft

2 months on market

Interior
13,551.75 sf
Lot
90.15 × 303.76 ft

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About this property

MXG-zoned development site measuring approximately 90' x 150', conveniently located on a bus route with easy access to major highways and within walking distance to Aldershot GO. Amenities are at your fingertips, whether heading up to Waterdown for shopping and services, exploring the Bruce Trail, or enjoying a relaxing outing at the Royal Botanical Gardens (RBG), LaSalle Park, or Hidden Valley Park. Currently the site of the Aldershot Farmers' Market, this property presents an excellent redevelopment opportunity with potential for an 11-storey building as-of-right, with the opportunity to seek additional height. A 29-storey development has received approval directly across the street, further highlighting the area's redevelopment potential. The properties previously contained single-family homes, and municipal services are already available to the site.

Property details

Property

Property type
vacant land
Interior size
13,551.75 sq ft
Lot size
90.15 × 303.76 ft
Zoning
H-MXG-534
Possession
Flexible

Exterior & services

Sewer
Sanitary+Storm

Costs

List price
$2,950,000
Property taxes
$6,284 / year (2026)
Price per sq ft
$218

Listing

MLS® number
W13673162
Status
For sale
Listed
August 13, 2026
Days on market
83
Last updated
August 31, 2026
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 45% of comparable vacant land listings in Burlington are asking less.

$270KMedian $3.30M$8.05M
This home
$218 / sq ft
Comparable median
$122 / sq ft

Based on 20 comparable active vacant land listings in Burlington. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $590,000
$590,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$13,048.85
Property tax (est.)
$523.67
Estimated monthly
$13,573

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$60,225
Total due on closing
$60,225

An estimate on the asking price of $2,950,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$2,950,000

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Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

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