Lost Forest Park Homes for Sale
A gated 100-acre community in north Burlington. You own the home, lease the land. Modular homes from the $400s.
Prefer to call? (289) 270-1719 — Andrew answers.
Andrew & Lisa Roach
REALTOR® — Roach Family Real Estate Team
We’ve listed and sold homes in Lost Forest Park. We know the community, we know the buyers who are looking, and we know how this type of purchase is different from a standard freehold transaction.
If you have questions about how land-lease ownership works, what financing options are available, or what your home might be worth — we’re happy to talk it through with no pressure.
(289) 270-1719 — Call or Text AndrewA Boomer’s Best-Kept Secret in Burlington
Lost Forest Park is a gated manufactured and modular home community at 4449 Milburough Line, Burlington, ON, in north Burlington near Waterdown. While not officially designated 55+, the overwhelming majority of residents are Baby Boomers — and that’s exactly what makes it special.
This isn’t just a place to live. It’s a genuine community. Residents here have walking groups, fireside gatherings, dog groups, and the kind of neighbourly connection that’s hard to find anywhere else. People know each other. They look out for each other. And they chose to be here.
Spread across roughly 100 acres with paved streets and a quiet, established setting — it’s the kind of place that’s almost impossible to replicate at this price point in the Greater Toronto and Hamilton Area.
- Seasonal Pool
- Community Centre
- Movie Nights
- True Community
- Gated Entry
- Paved Streets
Monthly Land Lease Fee: ~$600–$800
Monthly land lease fee varies by home. Older units tend toward the lower end; newer homes toward the higher end.
- Water
- Sewer
- Trash pickup
- Park maintenance
Services: Well water and septic.
Roads: Paved throughout the park.
Property tax: Owners pay a small annual property tax separately — not included in the land lease fee.
Get Notified Before It Hits the Market
Homes in Lost Forest Park sell quickly — often before they’re widely advertised. Leave your info and we’ll reach out the moment something comes available.
Rather talk to someone? Call or text Andrew at (289) 270-1719.
What Is a Land Lease? Here’s What You Need to Know
In Lost Forest Park, you own the home, but the park owns the land underneath it. Instead of owning the lot, you pay a monthly land lease fee.
For some buyers, that opens the door to a much lower purchase price than a comparable freehold property in Burlington. For others, the tradeoffs matter more. The important thing is understanding exactly how it works before you buy.
✓ Pros
- Lower purchase price vs freehold
- Amenities included
- Established neighbourhood
- Less exterior maintenance
✗ Cons
- Ongoing monthly land lease fee
- Conventional financing typically doesn’t apply
- Park rules apply
- Land doesn’t build equity the same way
Financing is also different here. Conventional mortgages typically do not apply. Most buyers use a chattel mortgage, a personal loan, or cash. It’s worth talking to a lender early so you know exactly what you’re working with.
Own a Home in Lost Forest Park?
We have buyers actively looking for homes in this community. If you’re thinking about selling — even just curious — share your home details and we’ll match you with buyers who are ready to move.
Frequently Asked Questions About Lost Forest Park
Is Lost Forest Park a 55+ community?
Lost Forest Park is not officially designated as a 55+ community, but the overwhelming majority of residents are Baby Boomers. The park and its culture are oriented toward that lifestyle — and that’s a big part of the appeal for most buyers.
Do you own the land in Lost Forest Park?
No — in Lost Forest Park, you typically own the home but lease the land from the park. That is why the monthly land lease fee is an important part of the ownership cost.
How much is land lease fee in Lost Forest Park?
Lot rent is typically around $600 to $800 per month, depending on the home. Older units tend to be toward the lower end, while newer homes are often toward the higher end.
What does land lease fee include?
The land lease fee generally covers water, sewer, trash pickup, and park maintenance. Owners pay a small annual property tax separately — it is not included in the land lease fee. When you factor all of that in alongside the dramatically lower purchase price compared to GTHA freehold or condo, the overall cost of ownership is still very favourable for most Boomer buyers.
Can you get a mortgage in Lost Forest Park?
Conventional mortgages typically do not apply in communities like this. Many buyers use a chattel mortgage, personal loan, or cash instead. Financing can be different from a traditional home purchase, so it is worth checking your options early.
Is Lost Forest Park a good fit for Boomers looking to downsize?
It’s one of the best-suited communities in the area for exactly that. Sell your freehold home, buy here for significantly less, and keep the difference for retirement. You still get your own detached home and lot — no condo fees, no shared walls, no elevators — plus a built-in community of people at the same stage of life.
Are there amenities in the park?
Yes. Lost Forest Park includes amenities such as a seasonal inground pool, a year-round community centre or pavilion, movie nights and entertainment, walking trails, gated entry, and paved streets throughout the community.
How is this different from buying a freehold home?
The biggest difference is that with a freehold home, you own both the house and the land. In Lost Forest Park, you own the home but lease the land, which usually means a lower purchase price but an ongoing monthly land lease fee. For some buyers that tradeoff makes sense. For others, freehold ownership is the better fit.
Is Lost Forest Park a good investment?
It depends on what you mean by investment. Lost Forest Park offers a lower entry price than many freehold homes in Burlington, which can make it attractive for buyers wanting affordability and a specific lifestyle. But because there is ongoing land lease fee and you do not own the land, it usually makes more sense for lifestyle buyers than for someone looking at it purely as a traditional real estate investment.
Let’s Talk About Lost Forest Park
Whether you’re thinking about buying, curious what your home could be worth, or just want to understand how it all works — we’re happy to talk it through. No obligation, no pressure.