938 King Road, Burlington, ON

LaSalle, Burlington · MLS® W12691044

$959,000
For Sale
Listed 185 days ago
3Bedrooms
2Bathrooms
1Garage · 7 parking
700-1100Sq Ft

About this home

Nestled on a beautiful 60X175ft lot, this property offers endless possibilities-build your dream home, renovate, expand with an addition or simply move right in. This delightful bungalow combines space, privacy, and versatility in a coveted Aldershot location. A detached garage and extended driveway with parking for 6+ vehicles make it an excellent fit for families, hobbyists, or anyone in need of extra storage or workspace. Step outside and enjoy a lush, private yard adorned with mature trees, a potting shed, and an interlock patio-a perfect backdrop for entertaining, gardening, or simply relaxing in nature. Inside, the home offers an inviting open-concept kitchen and living area, highlighted by a center island, stainless steel appliances, and hardwood floors that flow throughout most of the main level. A warm, welcoming space ideal for both everyday living and hosting guests. The separate dining room features elegant built-in cabinetry and offers flexibility as a potential third bedroom, home office, or nursery. Two additional bedrooms include free-standing wardrobes and closets, while a 4-piece main bathroom completes this level. The partially finished lower level expands your living space with a spacious rec. room, 2-piece bath, laundry area, storage, and a workshop-perfect for hobbies or future customization. Whether you're a first-time buyer, down-sizer, or investor, offers exceptional potential to renovate or build new. Minutes from parks, schools, shopping, and transit in one of Aldershots most sought-after neighborhoods.

Key facts

Property type
Detached, Bungalow
MLS®
W12691044
Bedrooms
3 (2 + 1)
Bathrooms
2 (1 half)
Size
700-1100
Lot
60 × 175 ft
Cross streets
Plains Rd E/King Rd
Parking
1 garage · 7 parking (detached)
Driveway
Private Double
Basement
Full, Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,703 / 2025
Days on market
185
Listing brokerage
Royal LePage Real Estate Services Ltd., Brokerage

Rooms

RecreationLower7.26 × 3.56 m
Dining RoomMain3.56 × 3.48 m
BedroomMain4.45 × 2.84 m
BedroomMain3.68 × 3.10 m
KitchenMain3.48 × 3.40 m
LaundryLower5.87 × 1.78 m
WorkshopLower5.31 × 2.90 m
Living RoomMain4.62 × 3.48 m
Powder RoomLower1.80 × 1.22 m

2 Pc Bath

BathroomMain2.84 × 1.52 m

3 Pc Bath

Moe’s TakeTeam Asgarian · Broker
In line
$876Kest. value

Listed at $959,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in LaSalle, so I widened the search to the surrounding area.

Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.26M, higher than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $1.30M
  • Bedrooms −$30K
  • Adjusts to $1.27M

That comparable adjusts to $1.27M; the $876K estimate above is the median of all 10 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, this is a very walkable address with everyday errands close by. Surrey at King is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$844KGreat deal$1.10MOverpriced

Total price vs nearby homes. Fair value about $876K, median of 10 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.07Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

275 Kent Crescent$1.20M1404 Bunnell Drive$699k715 Drury Lane$1.30M

The 3 closest active listings nearby.

See all comparable homes
959kThis home1.20M699k1.30MThis home vs active comparables
Live market pulseActive comparables in LaSalle · median list $1.50M
$1,066this home / sqft
15active listings nearby
185days on market

This home lists 28% above the area average of $836/sqft.

175 days longer than the Burlington average (10 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

LaSalle, Burlington, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

76/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Surrey at King, about 168 m away

20+ transit stops3 grocery20+ dining9 parks5 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bayview
$1.50M
Brant
$1.43M
Tyandaga
$2.07M
Mountainside
$879K
Roseland
$1.53M

Typical asking price of active listings of the same type, per area (outliers removed). Burlington.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$4,371/mo
$185KIncome needed
5.2×Price ÷ income
$1,009Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

90%mortgage
Mortgage $4,371Property tax $475Total carry $4,846

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,094per month

Mortgage amount $767,200 · 4.14% over 25 years

$191,800Down payment (20.0%)
$767,200Loan before insurance
$0CMHC premium
$4,569Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,094
Property tax
$475
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,569

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$15,655
Estimated closing costs
$15,655

Plus your down payment of $191,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,973/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$461,019Total interest paid
$1,228,219Total of all payments
Principal $767,200 Interest $461,019
YearPrincipalInterestBalance
1$17,973$31,156$749,227
2$18,725$30,404$730,503
3$19,508$29,621$710,995
4$20,324$28,805$690,671
5$21,174$27,955$669,497
6$22,060$27,069$647,437
7$22,982$26,146$624,455
8$23,944$25,185$600,511
9$24,945$24,184$575,566
10$25,989$23,140$549,577
11$27,076$22,053$522,502
12$28,208$20,921$494,294
13$29,388$19,741$464,906
14$30,617$18,511$434,288
15$31,898$17,231$402,390
16$33,232$15,896$369,158
17$34,622$14,506$334,535
18$36,071$13,058$298,465
19$37,579$11,549$260,886
20$39,151$9,978$221,734
21$40,789$8,340$180,945
22$42,495$6,634$138,450
23$44,272$4,856$94,178
24$46,124$3,004$48,054
25$48,054$1,075$0

At the end of your 5-year term

Total paid over the term
$245,644
Principal paid down
$97,703
Interest paid
$147,941
Balance remaining
$669,497

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$1,450/mo
$17,400Gross annual rent
0.9%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

1.8%
Gross yield
− Property tax $5,703− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $8,383

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Royal LePage Real Estate Services Ltd., Brokerage. MLS®/PropTx.

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