465 Springbank Crescent, Burlington, ON

LaSalle, Burlington · MLS® W13722970

$1,069,900
For Sale
Listed 49 days agoNo offer date statedSitting longer than typical
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3+1Bedrooms
2Bathrooms
2Garage · 12 parking
1100-1500Sq ft

About this home

In short

  • SERENE, PARK-LIKE SETTING ...
  • Original hardwood adds warmth throughout much of the main level, while the spacious living room is anchored by a cozy electric fireplace with stone surround, mantel...
  • Downstairs, the FINISHED BASEMENT extends your living space with a rec room, games/office area, bedroom, laundry and an updated 3-pc bath.
  • Other updates include newer windows, washer & dryer, furnace/A/C & owned HWT.
  • Close to schools, parks, malls, Costco and everyday amenities, and with convenient access to Aldershot GO and Burlington's major highway network, this location keeps...

SERENE, PARK-LIKE SETTING ... Settle into a home where everyday comfort, generous outdoor space and an established Burlington neighbourhood come together at 465 Springbank Cres. Tucked away on a lush and mature 55' x 137' landscaped property, this 3+1 bedroom, 2-bathroom, FULLY FINISHED BUNGALOW gives you room to gather, unwind and make the most of every season. Original hardwood adds warmth throughout much of the main level, while the spacious living room is anchored by a cozy electric fireplace with stone surround, mantel and built-in shelving. The updated eat-in kitchen features QUARTZ counters, pantry storage, under-cabinet lighting and a built-in bench with storage - a welcoming place for morning coffee, casual meals and conversation. The main-floor includes three bedrooms - generous primary with double closet - and an updated 4-pc bathroom. Downstairs, the FINISHED BASEMENT extends your living space with a rec room, games/office area, bedroom, laundry and an updated 3-pc bath. Step outside and discover a beautiful backyard complete with a POND and gazebo - your own peaceful space to relax or entertain. A detached DOUBLE GARAGE with storage loft and an impressive driveway with parking for up to 10 vehicles add exceptional practicality. Other updates include newer windows, washer & dryer, furnace/A/C & owned HWT. Close to schools, parks, malls, Costco and everyday amenities, and with convenient access to Aldershot GO and Burlington's major highway network, this location keeps work, school and weekend activities within easy reach. Some images virtually staged. CLICK ON MULTIMEDIA for virtual tour, drone photos, floor plans & more.

Key facts

Property type
Detached, Bungalow
MLS®
W13722970
Bedrooms
3+1 (4 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
55 × 137 ft
Cross streets
Plains Rd E/Willowbrook Road
Parking
2 garage · 12 parking (detached)
Driveway
Private
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,873 / 2026
Days on market
49
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

KitchenMain3.76 × 4.62 m

Quartz Counter

Primary BedroomMain3.12 × 3.96 m
BathroomBasement3.61 × 1.83 m

3 Pc Bath

LaundryBasement3.61 × 2.51 m
Utility RoomBasement4.01 × 3.61 m
Bedroom 3Main3.78 × 2.90 m
OtherBasement2.72 × 3.61 m

Large Closet

Living RoomMain3.76 × 4.62 m

Electric Fireplace

BathroomMain2.77 × 2.06 m

4 Pc Bath

Bedroom 4Basement2.74 × 3.89 m
Bedroom 2Main2.90 × 2.90 m
RecreationBasement7.67 × 3.89 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.05Mlikely sale price

Listed at $1,069,900. Going by how homes in LaSalle and the wider GTA have actually closed against their asking prices (about 98%, 21 local closings in 90 days), the likely sale price is near $1.05M, if it sells. A realistic range is $981K to $1.18M.

Independent value check: $1.02M. Without looking at the asking price, our model values the home itself about 4% below the ask (homes like it typically land between $960K and $1.07M).

Why $1.02M. The typical detached home sold in LaSalle over the past year went for about $1.20M (86 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $4,873 a year; the typical home sold here pays about $6,300.
  • ▲ Raises it2 garage and 12 total parking spaces, against 1 and 6 typically.
  • ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▼ Lowers it3+1 bedrooms and 2 baths, against 3+1 and 3 typically.

Longer on the market than typical. 49 days on the market against about 27 for homes like it here, and asking 4% above where comparable closings put it.

List price
$981KBelow recent closings$1.18MAbove recent closings

Total price vs nearby homes. Likely closing about $1.05M, from 21 recent closings in this pocket.

The market behind the math:

21sold nearby · 90 days
$1.30Mmedian sold price
98%of asking, on average
+8%prices vs a year ago
~12 dayshomes like this take to sell
49days on market so far
$3,473/moest. rent · 13 leases
3.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.7 months of inventory: 5 detached homes for sale in the area against 21 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 $823/sqft against an area asking average of $691/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.

It never sees the asking price. The 21 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.01M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

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

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 21 comparable homes that sold in LaSalle over the past two years, from 188 closings there.

What sellers nearby are askingCurrently listed nearby in LaSalle · asking prices
$947kavg 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 $729/sqft; this home lists at $823/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.07MThis home985k800k825k1.18MThis home vs active comparables

Sold price trend

Median sold price for detached homes in LaSalle: $995K in September 2026, up 6% from a year ago, on 87 closings in 10 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.09M12
November 2025$1.21M5
December 2025$925K5
February 2026$1.38M6
March 2026$1.45M8
April 2026$1.21M8
May 2026$2.42M7
June 2026$1.25M16
July 2026$1.06M10
September 2026$995K10

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.

Freeman
$844K
Brant
$1.31M
Grindstone
$925K
Mountainside
$877K
Brant Hills
$1.10M

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
$4,876/mo
$202KIncome needed
5.3×Price ÷ income
$1,125Weekly cost
$17,873Land 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.

92%mortgage
Mortgage $4,876Property tax $406Total carry $5,282

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,733per month

Mortgage amount $855,920 · 4.49% over 25 years

$213,980Down payment (20.0%)
$855,920Loan before insurance
$0CMHC premium
$5,139Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,733
Property tax
$406
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,139

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

One-time closing costs

Ontario land transfer tax
$17,873
Estimated closing costs
$17,873

Plus your down payment of $213,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,728/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

$563,839Total interest paid
$1,419,759Total of all payments
Principal $855,920 Interest $563,839
YearPrincipalInterestBalance
1$19,100$37,690$836,820
2$19,968$36,823$816,852
3$20,874$35,916$795,977
4$21,822$34,968$774,155
5$22,813$33,977$751,342
6$23,849$32,942$727,494
7$24,932$31,859$702,562
8$26,064$30,727$676,499
9$27,247$29,543$649,252
10$28,484$28,306$620,768
11$29,777$27,013$590,990
12$31,129$25,661$559,861
13$32,543$24,248$527,318
14$34,020$22,770$493,298
15$35,565$21,225$457,733
16$37,180$19,611$420,553
17$38,868$17,922$381,685
18$40,633$16,158$341,052
19$42,478$14,313$298,575
20$44,406$12,384$254,169
21$46,422$10,368$207,746
22$48,530$8,260$159,216
23$50,734$6,057$108,482
24$53,037$3,753$55,445
25$55,445$1,345$0

At the end of your 5-year term

Total paid over the term
$283,952
Principal paid down
$104,578
Interest paid
$179,374
Balance remaining
$751,342

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 13 whole-home leases in LaSalle$3,473/mo
$41,676Gross annual rent
2.9%Cap rate after taxes and upkeep
$3,154 to $3,869Typical rent range
~23 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 13 whole-home leases in LaSalle signed at a median of $3,118 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,473. 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.

3.9%
Gross yield
− Property tax $4,873− Insurance $1,400− Vacancy & upkeep $4,584Net operating income $30,818

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

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