303-340 Plains Road, Burlington, ON

LaSalle, Burlington · MLS® W13537660

$489,000
For Sale
Listed 76 days agoNo offer date statedSitting longer than typical
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1+1Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Welcome to this fabulous 1bedroom plus den unit in the sought after Affinity Condominiums, located in Burlington's desirable LaSalle neighbourhood.
  • This bright, open concept unit showcases numerous upgrades and offers a stylish, carpet free living space throughout.
  • Additional features include 9 foot ceilings, an in-suite laundry room, and a modern bathroom with a glass enclosed shower door.
  • Enjoy the building amenities, including a rooftop terrace with BBQs, a fitness center, yoga room, party room with pool table, and ample outdoor visitor parking.
  • Ideally located close to major highways, Aldershot GO Station, shopping, parks, and scenic walking trails.

Welcome to this fabulous 1bedroom plus den unit in the sought after Affinity Condominiums, located in Burlington's desirable LaSalle neighbourhood. This bright, open concept unit showcases numerous upgrades and offers a stylish, carpet free living space throughout. The modern kitchen features beautiful wood cabinetry, quartz countertops, a tile backsplash, and ample counter space for meal preparation and casual dining. The stainless steel appliances includes a refrigerator with water dispenser, built-in dishwasher, and microwave/hood fan combination. The spacious living room walks out to a balcony, providing the perfect space to relax or entertain. The primary bedroom is filled with natural light and includes a walk-in closet. The versatile den is ideal for a home office, guest room, or second bedroom. Additional features include 9 foot ceilings, an in-suite laundry room, and a modern bathroom with a glass enclosed shower door. Enjoy the building amenities, including a rooftop terrace with BBQs, a fitness center, yoga room, party room with pool table, and ample outdoor visitor parking. Ideally located close to major highways, Aldershot GO Station, shopping, parks, and scenic walking trails. This unit also includes one underground parking space and a convenient storage locker located on the same floor.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13537660
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
700-799 sq ft
Cross streets
Plains Rd E and Waterdown Rd
Parking
1 garage (underground)
Basement
Apartment
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$668/mo
Exposure
North West
Property tax
$2,944 / 2025
Days on market
76
Listing brokerage
ROYAL LEPAGE ELITE REALTY

Rooms

Primary BedroomMain3.09 × 3.58 m

laminate · window · walk-in closet(s)

Great RoomMain3.68 × 3.40 m

laminate · w/o to balcony · sliding doors

KitchenMain2.59 × 2.41 m

quartz counter · laminate · backsplash

DenMain2.18 × 2.26 m

laminate · separate room

Our TakeTeam Asgarian · Broker
A small discount is typical
$474Klikely sale price

Listed at $489,000. Going by how homes in LaSalle and the wider GTA have actually closed against their asking prices (about 97%, 8 local closings in 90 days), the likely sale price is near $474K, if it sells. A realistic range is $446K to $513K.

Independent value check: $426K. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $396K and $448K).

Why $426K. The typical condo sold in LaSalle over the past year went for about $428K (34 sales). What sets this one apart:

  • ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $2,944 a year; the typical home sold here pays about $2,900.

Longer on the market than typical. 76 days on the market against about 37 for homes like it here, and asking 15% above where comparable closings put it.

List price
$446KBelow recent closings$513KAbove recent closings

Total price vs nearby homes. Likely closing about $474K, from 8 recent closings in this pocket.

The market behind the math:

8sold nearby · 90 days
$400Kmedian sold price
96%of asking, on average
−19%prices vs a year ago
~30 dayshomes like this take to sell
76days on market so far
$2,325/moest. rent · 143 leases
5.7%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3 months of inventory: 8 condo apartment homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $652/sqft against an area asking average of $648/sqft.

  • basement apartment features. A finished 1 bed basement apartment. A self-contained space for extended family, guests or potential income. In LaSalle basements rarely rent out (0 of 155 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of Burlington.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $443K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($652/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 4 homes sold in this building over the past two years, plus 1 nearby in LaSalle, from 57 closings in LaSalle.

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.

Nearby neighbourhoods

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

Bayview
$691K
Brant
$815K
Brant Hills
$659K
Roseland
$480K
Headon
$400K

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
$2,229/mo
$109KIncome needed
4.5×Price ÷ income
$514Weekly cost
$6,255Land transfer tax, one-time (Ontario)
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.

71%mortgage
Mortgage $2,229Property tax $245Condo fee $668Total carry $3,142

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,141per month

Mortgage amount $391,200 · 4.39% over 25 years

$97,800Down payment (20.0%)
$391,200Loan before insurance
$0CMHC premium
$3,055Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,141
Property tax
$245
Condo / maintenance fees
$668
Heating
$0
Estimated monthly cost
$3,055

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

One-time closing costs

Ontario land transfer tax
$6,255
Estimated closing costs
$6,255

Plus your down payment of $97,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,594/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

$251,198Total interest paid
$642,398Total of all payments
Principal $391,200 Interest $251,198
YearPrincipalInterestBalance
1$8,852$16,844$382,348
2$9,245$16,451$373,102
3$9,656$16,040$363,447
4$10,084$15,612$353,363
5$10,532$15,164$342,831
6$10,999$14,697$331,832
7$11,487$14,209$320,345
8$11,997$13,699$308,348
9$12,530$13,166$295,818
10$13,086$12,610$282,733
11$13,666$12,030$269,066
12$14,273$11,423$254,793
13$14,906$10,790$239,887
14$15,568$10,128$224,319
15$16,259$9,437$208,060
16$16,980$8,715$191,080
17$17,734$7,962$173,346
18$18,521$7,175$154,824
19$19,343$6,353$135,481
20$20,202$5,494$115,280
21$21,098$4,598$94,182
22$22,035$3,661$72,147
23$23,013$2,683$49,134
24$24,034$1,662$25,101
25$25,101$595$0

At the end of your 5-year term

Total paid over the term
$128,480
Principal paid down
$48,369
Interest paid
$80,111
Balance remaining
$342,831

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
From 143 whole-home leases in LaSalle$2,325/mo
$27,900Gross annual rent
2.7%Cap rate after taxes and upkeep
$2,209 to $2,442Typical rent range
~28 daysTo find a tenant, on average

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

Talk about the numbers

The last 143 whole-home leases in LaSalle signed at a median of $2,233 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,325. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.7%
Gross yield
− Property tax $2,944− Condo fees $8,017− Insurance $600− Vacancy & upkeep $3,069Net operating income $13,270

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

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