47 Park Avenue, Burlington, ON

LaSalle, Burlington · MLS® W13454894

$3,199,000
For Sale
Listed 30 days ago
5Bedrooms
5Bathrooms
2Garage · 8 parking
3500-5000Sq Ft

About this home

Experience the perfect blend of luxury, comfort and lifestyle in Burlington's prestigious LaSalle neighbourhood, just moments from the waterfront, marina, parks, trails and downtown amenities. This exceptional custom built residence offers over 5,000 sq. ft. of beautifully finished living space, thoughtfully designed for sophisticated entertaining and everyday family living. Set on a deep professionally landscaped lot, the backyard is a private resort style retreat featuring a saltwater pool, fully equipped outdoor kitchen and an expansive covered porch anchored by a stunning floor to ceiling stone gas fireplace, creating the ultimate outdoor living experience. Inside, soaring ceilings and premium finishes create an atmosphere of timeless elegance. The chef inspired kitchen is the heart of the home, showcasing quartz countertops, built in hidden dishwashers, premium appliances, a walk in pantry and a butler's servery designed to accommodate gatherings of every size. A private office provides the ideal work from home space, while the thoughtfully designed mudroom offers abundant storage and functionality. The upper level features four spacious bedrooms, each with ensuite privileges, including three spa inspired bathrooms with heated floors. A convenient second floor laundry room enhances the home's exceptional practicality. In total, the home offers 4+1 bedrooms and 4+1 bathrooms, providing ample space for growing families and guests. The finished lower level extends the living space with oversized concrete tile flooring, radiant in floor heating, a stylish wet bar, additional bedroom and versatile recreation areas ideal for entertaining or relaxing. Every detail has been carefully considered, from the brushed hardwood flooring and luxurious spa inspired bathrooms to the ventilated garage garbage room and countless custom features throughout. This is more than a home, it's a lifestyle opportunity in one of Burlington's most sought after lakeside communities.

Key facts

Property type
Detached, 2-Storey
MLS®
W13454894
Bedrooms
5 (4 + 1)
Bathrooms
5 (1 half)
Size
3500-5000
Lot
50 × 199 ft
Cross streets
North Shore Blvd and Lasalle Park Drive
Parking
2 garage · 8 parking (attached)
Driveway
Private
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Hardboard
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground, Salt
Property tax
$15,672 / 2026
Days on market
30
Listing brokerage
Royal LePage Real Estate Services Ltd., Brokerage

Rooms

Dining RoomGround5.61 × 3.25 m

coffered ceiling(s) · hardwood floor · built-in speakers

PantryGround2.22 × 1.69 m

B/I Shelves

Family RoomBasement16.18 × 11.17 m

gas fireplace · wet bar · heated floor

Bedroom 5Basement3.71 × 3.32 m

Closet

Mud RoomGround2.97 × 2.45 m

b/i shelves · tile floor

Cold Room/CantinaBasement5.18 × 1.99 m
Bedroom 2Second4.73 × 4.15 m

3 pc ensuite · walk-in closet(s)

LaundrySecond2.16 × 1.91 m

Quartz Counter

FoyerGround10.72 × 5.05 m

cathedral ceiling(s) · tile floor · open stairs

BathroomSecond3.47 × 3.44 m

5 pc bath · semi ensuite · heated floor

KitchenGround6.86 × 3.96 m

custom backsplash · quartz counter · pantry

BathroomSecond3.71 × 2.96 m

5 pc ensuite · soaking tub · heated floor

OtherBasement3.42 × 3.04 m
OfficeGround3.32 × 2.83 m

Picture Window

Living RoomGround7.46 × 5.49 m

gas fireplace · walk-out · hardwood floor

BathroomGround2.29 × 1.08 m

2 Pc Bath

Primary BedroomSecond6.08 × 4.57 m

his and hers closets · 5 pc ensuite

BathroomBasement3.08 × 2.97 m

3 pc bath · quartz counter

Utility RoomBasement4.12 × 3.89 m
BathroomSecond3.49 × 1.48 m

3 pc ensuite · walk-in closet(s) · heated floor

Bedroom 3Second4.86 × 3.48 m

walk-in closet(s) · semi ensuite

Bedroom 4Second4.73 × 3.48 m

walk-in closet(s) · semi ensuite

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

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

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.

  • Heated floors: comfort and a premium-finish signal.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Lifestyle
  • Weigh carefully
  • Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$3.22Mavg asking

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

298 Strathcona Drive$4.20M130 Edgecliffe Place$5.00M4278 Clubview Drive$2.20M4511 Guelph Line$3.00M320 Walkers Line$1.70M

The 5 closest of 8 active listings nearby.

See all comparable homes
3.20MThis home4.20M5.00M2.20M3.00M1.70MThis home vs active comparables
Live market pulseActive comparables in LaSalle · median list $2.60M
$753this home / sqft
5active listings nearby
30days on market

This home lists 20% below the area average of $939/sqft.

20 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

71/ 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: Townsend at LaSalle Park, about 184 m away

20+ transit stops1 grocery9 dining11 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
Brant Hills
$1.08M

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
$14,580/mo
$599KIncome needed
5.3×Price ÷ income
$3,365Weekly 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.

92%mortgage
Mortgage $14,580Property tax $1,306Total carry $15,886

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$13,657per month

Mortgage amount $2,559,200 · 4.14% over 25 years

$639,800Down payment (20.0%)
$2,559,200Loan before insurance
$0CMHC premium
$14,963Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$13,657
Property tax
$1,306
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14,963

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

One-time closing costs

Ontario land transfer tax
$66,450
Estimated closing costs
$66,450

Plus your down payment of $639,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$16,588/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

$1,537,852Total interest paid
$4,097,052Total of all payments
Principal $2,559,200 Interest $1,537,852
YearPrincipalInterestBalance
1$59,953$103,929$2,499,247
2$62,461$101,421$2,436,786
3$65,074$98,808$2,371,712
4$67,796$96,087$2,303,917
5$70,631$93,251$2,233,285
6$73,586$90,296$2,159,700
7$76,664$87,218$2,083,036
8$79,870$84,012$2,003,165
9$83,211$80,671$1,919,954
10$86,692$77,190$1,833,262
11$90,318$73,564$1,742,944
12$94,096$69,786$1,648,848
13$98,032$65,850$1,550,816
14$102,132$61,750$1,448,684
15$106,404$57,478$1,342,279
16$110,855$53,027$1,231,424
17$115,492$48,390$1,115,932
18$120,323$43,559$995,609
19$125,356$38,526$870,253
20$130,599$33,283$739,654
21$136,062$27,820$603,592
22$141,753$22,129$461,838
23$147,683$16,199$314,156
24$153,860$10,022$160,296
25$160,296$3,586$0

At the end of your 5-year term

Total paid over the term
$819,410
Principal paid down
$325,915
Interest paid
$493,496
Balance remaining
$2,233,285

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$7,350/mo
$88,200Gross annual rent
1.9%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.

2.8%
Gross yield
− Property tax $15,672− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $61,426

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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