1028 Cedar Avenue, Burlington, ON

LaSalle, Burlington · MLS® W13520204

$1,289,000
For Sale
Listed 14 days ago
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4Bedrooms
3Bathrooms
2Garage · 5 parking
1100-1500Sq Ft

About this home

Welcome home to this beautifully maintained 2+2 bedroom, tucked into the highly desirable Altershot neighborhood of Burlington. This home is filled with warmth, character, and pride of ownership. The bright living and dining area features hardwood floors and a large bay window, creating a welcoming space for everyday living and entertaining. The updated eat-in kitchen offers classic wood cabinetry and plenty of room to gather for meals. Office/sunroom updated with skylight and hardwood floors. Pr bedroom has 5 piece in suite that will make you feel like a luxury spa. The lower level adds valuable living space with a cozy family room and fireplace, plus a flexible bedroom AND home office - perfect for today's lifestyle. Outside, enjoy a fully fenced backyard with mature gardens, ideal for relaxing or hosting friends. An updated front walkway and expanded parking to fit 4 cars. This home boasts an ideal location in a lovely mature neighborhood, which is just a short drive to the Hospital, Spencer Smith Park, w convenient highway access. Downtown Burlington, with its stunning Lake Ontario waterfront, upscale boutiques, diverse restaurants, and a vibrant arts scene including the Performing Arts Centre and Art Gallery, is also easily accessible. Plus, golf is also conveniently close by.

Key facts

Property type
Detached, Bungalow
MLS®
W13520204
Bedrooms
4 (2 + 2)
Bathrooms
3
Size
1100-1500
Lot
76.15 × 100.23 ft
Cross streets
Francis rd and Cedar ave
Parking
2 garage · 5 parking (attached)
Driveway
Available, Front Yard Parking, Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,199 / 2025
Days on market
14
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.

On location, this is a very walkable address with everyday errands close by. Francis at Cedar is about a 1-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.

  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.22Mavg asking

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

1414 Dewbourne Crescent$1.30M4162 Sutherland Crescent$1.30M336 Tuck Drive$1.52M2345 Gibbon Street$750k

The 4 closest active listings nearby.

See all comparable homes
1.29MThis home1.30M1.30M1.52M750kThis home vs active comparables
Live market pulseActive comparables in LaSalle · median list $959K
$992this home / sqft
5active listings nearby
14days on market

This home lists 7% above the area average of $929/sqft.

4 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

70/ 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: Francis at Cedar, about 106 m away

20+ transit stops3 grocery20+ dining9 parks9 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.

Brant
$1.43M
Bayview
$1.50M
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
$5,875/mo
$243KIncome needed
5.3×Price ÷ income
$1,356Weekly 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 $5,875Property tax $517Total carry $6,391

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)
$5,503per month

Mortgage amount $1,031,200 · 4.14% over 25 years

$257,800Down payment (20.0%)
$1,031,200Loan before insurance
$0CMHC premium
$6,019Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,503
Property tax
$517
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,019

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

One-time closing costs

Ontario land transfer tax
$22,255
Estimated closing costs
$22,255

Plus your down payment of $257,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,684/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

$619,660Total interest paid
$1,650,860Total of all payments
Principal $1,031,200 Interest $619,660
YearPrincipalInterestBalance
1$24,157$41,877$1,007,043
2$25,168$40,866$981,875
3$26,221$39,814$955,654
4$27,317$38,717$928,337
5$28,460$37,574$899,876
6$29,651$36,384$870,226
7$30,891$35,144$839,335
8$32,183$33,852$807,152
9$33,529$32,505$773,623
10$34,932$31,103$738,692
11$36,393$29,642$702,299
12$37,915$28,120$664,384
13$39,501$26,534$624,883
14$41,153$24,881$583,730
15$42,874$23,160$540,856
16$44,668$21,367$496,188
17$46,536$19,498$449,652
18$48,483$17,552$401,169
19$50,511$15,524$350,658
20$52,623$13,411$298,035
21$54,825$11,210$243,210
22$57,118$8,917$186,092
23$59,507$6,527$126,585
24$61,996$4,038$64,589
25$64,589$1,445$0

At the end of your 5-year term

Total paid over the term
$330,172
Principal paid down
$131,324
Interest paid
$198,848
Balance remaining
$899,876

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$2,300/mo
$27,600Gross annual rent
1.3%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.

2.1%
Gross yield
− Property tax $6,199− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $16,965

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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