212-320 Plains Road, Burlington, ON

LaSalle, Burlington · MLS® W13545320

$630,000
For Sale
Listed 75 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
1Garage · 2 parking
800-899Sq ft

About this home

In short

  • Beautiful condo unit for sale in great family friendly area.
  • This 2 Bedroom, carpet free unit features an open concept main floor area with a cozy living room and walk-out to open balcony.
  • Primary bedroom has a walk-in closet & 3pc ensuite with walk-in shower.
  • In-suite laundry & 4pc main bathroom.
  • Close to schools, parks, transit, highway & all major amenities.

Beautiful condo unit for sale in great family friendly area. This 2 Bedroom, carpet free unit features an open concept main floor area with a cozy living room and walk-out to open balcony. Nice eat-in kitchen with quartz countertops, extended cabinets, stainless steel appliances & breakfast bar. Primary bedroom has a walk-in closet & 3pc ensuite with walk-in shower. In-suite laundry & 4pc main bathroom. This solid unit comes FULLY FURNISHED, along with two owned parking spots and a locker. Close to schools, parks, transit, highway & all major amenities. Property amenities include; gym, party & media rooms, bike storage, EV charging station, concierge & roof-top terrace with BBQs. A definite must see!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13545320
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Plains & King
Parking
1 garage · 2 parking (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Maintenance
$791/mo
Exposure
North
Property tax
$3,449 / 2025
Days on market
75
Listing brokerage
NEW ERA REAL ESTATE

Rooms

Family RoomMain3.72 × 3.66 m
Bedroom 2Main3.14 × 3.08 m
KitchenMain3.66 × 3.25 m
Primary BedroomMain3.78 × 3.41 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$610Klikely sale price

Listed at $630,000. 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 $610K, if it sells. A realistic range is $575K to $660K.

Independent value check: $550K. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $512K and $578K).

Why $550K. The typical condo sold in LaSalle over the past year went for about $428K (34 sales). What sets this one apart:

  • ▲ Raises it strongly2 bedrooms and 2 baths, against 1+1 and 1 typically.
  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $3,449 a year; the typical home sold here pays about $2,900.
  • ▲ Raises itIt is 800 to 899 sq ft; the typical home sold here is 700 to 799.

Longer on the market than typical. 75 days on the market against about 37 for homes like it here, and asking 15% above where comparable closings put it.

List price
$575KBelow recent closings$660KAbove recent closings

Total price vs nearby homes. Likely closing about $610K, 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
75days on market so far
$2,774/moest. rent · 9 leases
5.3%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.4 months of inventory: 9 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 $742/sqft against an area asking average of $640/sqft.

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 $529K. 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.

  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

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

What sellers nearby are askingCurrently listed nearby in LaSalle · asking prices
$536kavg asking

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

Per square foot, these ask about $668/sqft; this home lists at $742/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
630kThis home500k599k510kThis home vs active comparables

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
$2,871/mo
$137KIncome needed
4.6×Price ÷ income
$663Weekly cost
$9,075Land 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.

73%mortgage
Mortgage $2,871Property tax $287Condo fee $791Total carry $3,950

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)
$2,759per month

Mortgage amount $504,000 · 4.39% over 25 years

$126,000Down payment (20.0%)
$504,000Loan before insurance
$0CMHC premium
$3,837Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,759
Property tax
$287
Condo / maintenance fees
$791
Heating
$0
Estimated monthly cost
$3,837

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

One-time closing costs

Ontario land transfer tax
$9,075
Estimated closing costs
$9,075

Plus your down payment of $126,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,342/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

$323,630Total interest paid
$827,630Total of all payments
Principal $504,000 Interest $323,630
YearPrincipalInterestBalance
1$11,405$21,700$492,595
2$11,911$21,194$480,684
3$12,440$20,665$468,244
4$12,992$20,113$455,253
5$13,568$19,537$441,684
6$14,171$18,935$427,514
7$14,800$18,306$412,714
8$15,456$17,649$397,258
9$16,142$16,963$381,115
10$16,859$16,246$364,257
11$17,607$15,498$346,650
12$18,388$14,717$328,261
13$19,205$13,901$309,057
14$20,057$13,048$289,000
15$20,947$12,158$268,053
16$21,877$11,229$246,176
17$22,848$10,258$223,329
18$23,862$9,244$199,467
19$24,921$8,185$174,547
20$26,027$7,079$148,520
21$27,182$5,923$121,338
22$28,388$4,717$92,950
23$29,648$3,457$63,302
24$30,964$2,141$32,338
25$32,338$767$0

At the end of your 5-year term

Total paid over the term
$165,526
Principal paid down
$62,316
Interest paid
$103,210
Balance remaining
$441,684

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 9 whole-home leases in LaSalle$2,774/mo
$33,288Gross annual rent
2.6%Cap rate after taxes and upkeep
$2,552 to $2,995Typical 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 9 whole-home leases in LaSalle signed at a median of $2,383 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,774. 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.

5.3%
Gross yield
− Property tax $3,449− Condo fees $9,493− Insurance $600− Vacancy & upkeep $3,662Net operating income $16,084

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

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