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Aerial view of Lost Forest Park, a gated land-lease community of homes surrounded by forest at 4449 Milburough Line in north Burlington, ON
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Lost Forest Park Homes for Sale in Burlington, ON

A gated 100-acre community in north Burlington. You own the home, lease the land. Modular homes from the $400s.

  • New Lost Forest Park listings, as soon as we hear about them
  • Honest guidance on pricing and what’s moving in the park
  • Straight answers on land lease fees and financing

5.0 ★ on Google (26 reviews)

Prefer to talk? (289) 270-1719 — Andrew answers.

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Roach Family Real Estate TeamRoyal LePage Meadowtowne, Brokerage16+ years’ experience250+ families helped5.0 ★ on Google (26 reviews)
About the Community

A 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.

Amenities in Lost Forest Park

  • Seasonal Pool
  • Community Centre
  • Movie Nights
  • True Community
  • Gated Entry
  • Paved Streets
Market Snapshot

Lost Forest Park Market at a Glance

Homes in Lost Forest Park are typically priced well below comparable freehold homes in Burlington, with most modular homes from the $400s. Well-kept homes tend to attract steady interest from downsizers, and good listings don’t sit long.

Want to talk through current pricing for a specific style or age of home? Call or text and we’ll give you a straight, general picture of where the market is.

Land Lease Explained

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
Buying in a land-lease community is as much a lifestyle decision as a financial one. It suits some buyers well — and isn’t right for others. The key is going in with clear eyes.

Financing a Lost Forest Park Home

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.

Your Guide to Lost Forest Park

Why Work With the Roach Family Real Estate Team

Andrew and Lisa Roach, Roach Family Real Estate Team

Andrew & Lisa Roach

REALTOR® — Roach Family Real Estate Team, Royal LePage Meadowtowne, Brokerage

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.

What Clients Say — 5.0 ★ on Google (26 reviews)

“They are a highly competent team that handled our sale and purchase with great insight and strategy. They were patient, sensitive, and thoughtful throughout the entire process…”
— Daniel Weigert · Google review
“They made the whole process smooth and stress-free, and we felt like we were in good hands every step of the way…”
— Rachel D’Antuono · Google review
“Lisa and Andrew were the most understanding and patient realtors we could have asked for…”
— Eric St-Onge · Google review
For Owners

What’s Your Lost Forest Park Home Worth?

Land-lease homes don’t value like freehold, so online estimates are often off. Tell us where your home is and we’ll send a real, local opinion of value based on current conditions in the park — within 24 hours.

  • No obligation, no pressure
  • Based on local Lost Forest Park market knowledge, not a generic algorithm
  • Your estimate arrives within 24 hours
  • Andrew & Lisa reply personally

Request your home value

Your home value estimate arrives within 24 hours.

For Sellers

Own a Home in Lost Forest Park? We Have Buyers Looking

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.

We’ll only reach out to discuss your home. No obligation.

FAQ

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 the 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 the 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 an 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.

Ready to Take the Next Step?

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.