418-457 Plains Road, Burlington, ON

LaSalle, Burlington · MLS® W13678064

$509,900
For Sale
Listed 39 days agoNo offer date stated
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2Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Top 5 Reasons You Will Love This Condo: 1) Stunning Penthouse Corner Unit with Two bedrooms; showcasing a sleek, modern design with soaring 10' ceilings and expansive...
  • 2) Perched on the top level boasting breathtaking panoramic views and enhanced privacy.
  • 3) Indulge in impressive amenities, including a gym, a spacious party room complete with an outdoor patio, and abundant visitor parking, all with low monthly fees...
  • 4) Ideally located for ultimate convenience just steps from essential shops, the Aldershot GO Station, and public transit, providing effortless access to Highways...
  • 5) Complete with one underground parking space and a private storage locker.

Top 5 Reasons You Will Love This Condo: 1) Stunning Penthouse Corner Unit with Two bedrooms; showcasing a sleek, modern design with soaring 10' ceilings and expansive windows that flood the space with natural light, creating an inviting and airy ambiance within its spacious 770 square foot living space. 2) Perched on the top level boasting breathtaking panoramic views and enhanced privacy. 3) Indulge in impressive amenities, including a gym, a spacious party room complete with an outdoor patio, and abundant visitor parking, all with low monthly fees that keep luxury living affordable. 4) Ideally located for ultimate convenience just steps from essential shops, the Aldershot GO Station, and public transit, providing effortless access to Highways 403, 407, the QEW, and the vibrant urban lifestyle of downtown Burlington and the Waterfront Trail. 5) Complete with one underground parking space and a private storage locker.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13678064
Bedrooms
2
Bathrooms
1
Size
700-799 sq ft
Cross streets
Fairview To Plains Rd E
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Metal/Steel Siding
Maintenance
$605/mo
Exposure
North East
Property tax
$2,986 / 2025
Days on market
39
Listing brokerage
SUTTON GROUP QUANTUM REALTY INC.

Rooms

Living RoomMain4.00 × 3.30 m

open concept · combined w/kitchen · large window

FoyerMain3.26 × 1.67 m

b/i closet · large closet · laminate

LaundryMain0.00 × 0.00 m

separate room · ceramic floor

KitchenMain4.36 × 3.20 m

eat-in kitchen · w/o to balcony · stainless steel appl

Bedroom 2Main2.70 × 2.20 m

sliding doors · large window · laminate

Primary BedroomMain3.00 × 3.00 m

ne view · large window · laminate

Our TakeTeam Asgarian · Broker
A small discount is typical
$494Klikely sale price

Listed at $509,900. 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 $494K, if it sells. A realistic range is $465K to $534K.

Independent value check: $464K. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $432K and $487K).

Why $464K. 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 1 baths, against 1+1 and 1 typically.
  • ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $2,986 a year; the typical home sold here pays about $2,900.
List price
$465KBelow recent closings$534KAbove recent closings

Total price vs nearby homes. Likely closing about $494K, 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
39days on market so far
$2,400/moest. rent · 143 leases
5.6%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 $680/sqft against an area asking average of $645/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 $450K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

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

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($680/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 8 comparable homes that sold in LaSalle over the past two years, from 57 closings there.

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
$2,324/mo
$112KIncome needed
4.6×Price ÷ income
$536Weekly cost
$6,673Land 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 $2,324Property tax $249Condo fee $605Total carry $3,177

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)
$2,233per month

Mortgage amount $407,920 · 4.39% over 25 years

$101,980Down payment (20.0%)
$407,920Loan before insurance
$0CMHC premium
$3,087Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,233
Property tax
$249
Condo / maintenance fees
$605
Heating
$0
Estimated monthly cost
$3,087

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

One-time closing costs

Ontario land transfer tax
$6,673
Estimated closing costs
$6,673

Plus your down payment of $101,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,705/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

$261,935Total interest paid
$669,855Total of all payments
Principal $407,920 Interest $261,935
YearPrincipalInterestBalance
1$9,231$17,563$398,689
2$9,640$17,154$389,049
3$10,068$16,726$378,981
4$10,515$16,279$368,465
5$10,982$15,812$357,484
6$11,469$15,325$346,015
7$11,978$14,816$334,036
8$12,510$14,284$321,527
9$13,065$13,729$308,461
10$13,645$13,149$294,817
11$14,250$12,544$280,566
12$14,883$11,911$265,683
13$15,543$11,251$250,140
14$16,233$10,561$233,906
15$16,954$9,840$216,953
16$17,706$9,088$199,247
17$18,492$8,302$180,754
18$19,313$7,481$161,442
19$20,170$6,624$141,272
20$21,065$5,729$120,207
21$22,000$4,794$98,207
22$22,976$3,818$75,230
23$23,996$2,798$51,234
24$25,061$1,733$26,173
25$26,173$621$0

At the end of your 5-year term

Total paid over the term
$133,971
Principal paid down
$50,436
Interest paid
$83,535
Balance remaining
$357,484

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$2,400/mo
$28,800Gross annual rent
2.9%Cap rate after taxes and upkeep
$2,280 to $2,520Typical 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 $2,400. 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.

5.6%
Gross yield
− Property tax $2,986− Condo fees $7,256− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,790

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP QUANTUM REALTY INC.. MLS®/PropTx.

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