1063 Joan Drive, Burlington, ON
LaSalle, Burlington · MLS® W13546224
About this home
Rarely do properties like this hit the market in Burlington's highly desirable, mature LaSalle neighborhood. This beautiful bungalow sits on an impressive, 63 ft wide and 125 ft deep lot surrounded by mature trees, directly across from a quiet local park. Main Level: ~1,200 sq ft of bright above grade living space with rich hardwood floors, a fireplace, an expansive dining area, a pristine white kitchen with stainless steel appliances & undermount lighting, full size dining room with skylight, 2 bedrooms, 1 bathroom and a fully heated rare sunroom extension. Basement Level: A fully finished, carpet-free lower level offering massive income potential or perfect multi-generational living with 2 bedrooms, 1 full bathroom, living area, and endless custom storage. The Backyard: A beautifully landscaped, private oasis complete with a striking center tree block and a storage shed. Bungalows of this size and capability are a rare find in LaSalle.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13546224
- Bedrooms
- 5 (2 + 3)
- Bathrooms
- 2
- Size
- 1100-1500
- Lot
- 63 × 125 ft
- Cross streets
- Plains Rd E & Joan Dr
- Parking
- 1 garage · 7 parking (built-in)
- Driveway
- Available
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,554 / 2026
- Days on market
- 8
- Listing brokerage
- EXP REALTY
Rooms
stainless steel appl · granite counters · window
Hardwood Floor
b/i dishwasher · hardwood floor
window · closet
fireplace · large window · hardwood floor
Laminate
heated floor · overlooks backyard
3 Pc Bath
window · closet
4 Pc Bath
Hardwood Floor
Listed at $1,100,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in LaSalle, so I widened the search to the surrounding area.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.12M, a bit lower.
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 $970K
- Adjusts to $970K
That comparable adjusts to $970K; the $1.30M estimate above is the median of all 7 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 Cedarwood is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.30M, median of 7 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.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Lifestyle
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 7 active listings nearby.
See all comparable homesThis home lists 3% above the area average of $821/sqft.
2 days faster 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 Cedarwood, about 239 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 $880,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,696
- Property tax
- $463
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,159
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,475
- Estimated closing costs
- $18,475
Plus your down payment of $220,000. 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
- $281,760
- Principal paid down
- $112,068
- Interest paid
- $169,692
- Balance remaining
- $767,932
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
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.