413 Indian Road, Burlington, ON

LaSalle, Burlington · MLS® W13761140

$3,999,900
For Sale
Listed 37 days agoNo offer date stated
5+1Bedrooms
4Bathrooms
2Garage · 10 parking
3000-3500Sq ft

About this home

In short

  • A rare opportunity in prestigious Indian Point, one of South Burlington's most exclusive waterfront enclaves, where properties of this scale and setting rarely come...
  • Set on nearly an acre with 250 feet of private shoreline, 413 Indian Road delivers the kind of space, privacy and connection to the water that most buyers assume they...
  • Keep the boat and toys ready at all times with a 30' x 15' dock, 4 lifts and a double Sea-Doo/kayak float dock.
  • Two driveways, one of them gated, provide parking for 10+ vehicles and enough room for an RV or boat trailer.
  • A pool, hot tub, sauna and firepit sit between the house and the shoreline, joined by multiple sitting and entertaining areas along the water and a 3 hole putting...

A rare opportunity in prestigious Indian Point, one of South Burlington's most exclusive waterfront enclaves, where properties of this scale and setting rarely come to market. Set on nearly an acre with 250 feet of private shoreline, 413 Indian Road delivers the kind of space, privacy and connection to the water that most buyers assume they have to leave the city to find. Country living in the city, with Spencer Smith Park, waterfront festivals, restaurants, shops and bars of downtown Burlington all a short walk away. Keep the boat and toys ready at all times with a 30' x 15' dock, 4 lifts and a double Sea-Doo/kayak float dock. Two driveways, one of them gated, provide parking for 10+ vehicles and enough room for an RV or boat trailer. A pool, hot tub, sauna and firepit sit between the house and the shoreline, joined by multiple sitting and entertaining areas along the water and a 3 hole putting green with sand trap for friendly competition between swims. A separate bunkie adds more flexibility as a teen hangout, guest retreat, studio or quiet workspace. Days begin with coffee on the dock and end with the fire lit as the sun sets over the lake. Boating, swimming, skating in winter, hosting friends and family, unwinding in the sauna or hot tub, all of it happens right here. The residence is equally generous, with over 3,500 square feet of finished living space, 5+1 bedrooms, 3.5 baths, a main floor office, 4 fireplaces and a lower level in-law suite, offering room for extended family, guests and every stage of life. Beyond the lifestyle, the land holds lasting value. Roughly 33,500 sq. ft. of oversized waterfront frontage with a severable configuration provides future flexibility rarely found on Burlington's shoreline. An exceptional chance to own one of Indian Point's signature waterfront properties while staying close to the city, amenities and everyday convenience.

Key facts

Property type
Detached, 2-Storey
MLS®
W13761140
Bedrooms
5+1 (6 total)
Bathrooms
4 (1 half)
Size
3000-3500 sq ft
Lot
50 × 213 ft
Cross streets
Northshore Blvd East
Parking
2 garage · 10 parking (attached)
Driveway
Private Double
Basement
Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Shingles
Sewer
Sewer
Pool
Inground
Property tax
$15,000 / 2026
Days on market
37
Listing brokerage
REAL BROKER ONTARIO LTD.
Our TakeTeam Asgarian · Broker
A small discount is typical
$3.91Mlikely sale price

Listed at $3,999,900. 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 $3.91M, if it sells. A realistic range is $3.67M to $4.41M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

List price
$3.67MBelow recent closings$4.41MAbove recent closings

Total price vs nearby homes. Likely closing about $3.91M, 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
37days on market so far
$5,927/moest. rent · 6 leases
1.8%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.6 months of inventory: 32 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 $1,231/sqft against an area asking average of $901/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. In LaSalle basements rarely rent out (4 of 45 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.
  • Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
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 $2.50M. 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in LaSalle, so I widened the search to the surrounding area.

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
$3.72Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $2.49M, which is where my estimate comes from.

Per square foot, these ask about $1,033/sqft; this home lists at $1,231/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
4.00MThis home3.40M1.80M5.95MThis 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.

Brant
$1.31M
Freeman
$844K
Roseland
$1.89M
Mountainside
$877K
Grindstone
$925K

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
$18,230/mo
$734KIncome needed
5.4×Price ÷ income
$4,207Weekly cost
$86,473Land 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.

94%mortgage
Mortgage $18,230Property tax $1,250Total carry $19,480

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$17,693per month

Mortgage amount $3,199,920 · 4.49% over 25 years

$799,980Down payment (20.0%)
$3,199,920Loan before insurance
$0CMHC premium
$18,943Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17,693
Property tax
$1,250
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$18,943

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

One-time closing costs

Ontario land transfer tax
$86,473
Estimated closing costs
$86,473

Plus your down payment of $799,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$21,414/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

$2,107,952Total interest paid
$5,307,872Total of all payments
Principal $3,199,920 Interest $2,107,952
YearPrincipalInterestBalance
1$71,409$140,906$3,128,511
2$74,651$137,664$3,053,861
3$78,040$134,275$2,975,820
4$81,584$130,731$2,894,237
5$85,288$127,027$2,808,949
6$89,160$123,155$2,719,789
7$93,208$119,106$2,626,580
8$97,441$114,874$2,529,140
9$101,865$110,450$2,427,275
10$106,490$105,825$2,320,785
11$111,325$100,990$2,209,460
12$116,379$95,935$2,093,081
13$121,664$90,651$1,971,417
14$127,188$85,127$1,844,230
15$132,962$79,353$1,711,267
16$138,999$73,316$1,572,268
17$145,311$67,004$1,426,958
18$151,908$60,407$1,275,049
19$158,805$53,509$1,116,244
20$166,016$46,299$950,228
21$173,554$38,761$776,675
22$181,434$30,881$595,241
23$189,671$22,643$405,569
24$198,283$14,032$207,286
25$207,286$5,029$0

At the end of your 5-year term

Total paid over the term
$1,061,574
Principal paid down
$390,971
Interest paid
$670,603
Balance remaining
$2,808,949

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 6 whole-home leases in LaSalle$5,927/mo
$71,124Gross annual rent
1.2%Cap rate after taxes and upkeep
$4,912 to $6,753Typical rent range
~23 daysTo find a tenant, on average

About the suite: in LaSalle basements rarely rent out (4 of 45 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

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 6 whole-home leases in LaSalle signed at a median of $5,131 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,927. 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.

1.8%
Gross yield
− Property tax $15,000− Insurance $1,400− Vacancy & upkeep $7,824Net operating income $46,900

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

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