1025 KING Road, Burlington, ON
LaSalle, Burlington · MLS® W13121846
About this home
Rare opportunity to secure a detached home on an impressive 60 x 140 ft lot in the heart of Burlington! 1025 King Rd is a versatile all-brick 1.5-storey property that perfectly balances classic character with immense future potential. This home is ideal for the visionary buyer, offering a "blank canvas" opportunity to modernize and build sweat equity while enjoying a very livable floor plan. The main level features a bright living and dining area, a functional kitchen with a walk-out to a large rear deck, a cozy den, a main-floor bedroom, and a full bath. Upstairs, you will find two additional well-sized bedrooms and another full bathroom. The true standout feature is the separate basement walk-up, which includes a second kitchen, bedroom, and bath. This setup provides a fantastic entry-level opportunity to offset your mortgage by renting out the lower level, or it serves as the perfect home-based business hub. With a dedicated rear entrance, an entrepreneur can run a professional operation entirely from the lower level without disturbing the main living space. Outside, the property boasts a detached garage and an expansive triple-wide driveway with parking for 7+ vehicles-a rare find for the area. The deep backyard is a private retreat, complete with multiple mature fruit trees for a charming "farm-to-table" experience right at home. While the house retains its original charm and classic wood finishes, it is topped with a brand-new roof (2026) for immediate peace of mind. Whether you are looking for an in-law suite, an income helper, or a high-visibility location for an in-home occupation with future commercial rezoning potential, this property delivers incredible long-term value. Conveniently located near parks, schools, shopping, and transit. Don't miss your chance to own a piece of Burlington with this much flexibility and land!
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- W13121846
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 4 (2 half)
- Size
- 1100-1500
- Lot
- 60 × 140 ft
- Cross streets
- PLAINS RD
- Parking
- 1 garage · 8 parking (detached)
- Driveway
- Private Triple
- Basement
- Separate Entrance, Full
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,071 / 2025
- Days on market
- 65
- Listing brokerage
- EXP REALTY
Rooms
Listed at $849,900, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 21 similar homes nearby, adjusted for size, beds, and baths.Median of 21 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $827K, a bit lower. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $1.10M
- Bedrooms −$30K
- Bathrooms +$30K
- Adjusts to $1.10M
That comparable adjusts to $1.10M; the $1.06M estimate above is the median of all 21 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. Plains at King is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.06M, median of 21 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.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Development potential: upside only if zoning permits, verify with the city before relying on it.
- Value driver
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 25% below the area average of $869/sqft.
55 days longer than the Burlington average (10 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
LaSalle, Burlington, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Plains at King, about 83 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $679,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,628
- Property tax
- $339
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,968
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,473
- Estimated closing costs
- $13,473
Plus your down payment of $169,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $217,698
- Principal paid down
- $86,588
- Interest paid
- $131,110
- Balance remaining
- $593,332
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.
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of EXP REALTY. MLS®/PropTx.