948 Long Drive, Burlington, ON

LaSalle, Burlington · MLS® W13796888

$948,000
For Sale
Listed 28 days agoNo offer date stated
3Bedrooms
2Bathrooms
4Parking
1500-2000Sq ft

About this home

In short

  • Welcome to this charming 3-bedroom, 2-bathroom bungalow, set on an impressive 60 x 143 ft lot in one of Burlington's most sought-after neighbourhoods.
  • With GO Transit and Highway 403 close at hand, commuting to downtown Burlington, Hamilton, Niagara, or Toronto is easy and convenient.

Welcome to this charming 3-bedroom, 2-bathroom bungalow, set on an impressive 60 x 143 ft lot in one of Burlington's most sought-after neighbourhoods. Offering a functional layout and incredible potential, this is an exciting opportunity to create a home that is truly your own. Perfectly positioned in South Aldershot, you're just minutes from the Burlington Golf & Country Club, Burlington's vibrant waterfront, scenic trails, marinas, and everyday amenities. With GO Transit and Highway 403 close at hand, commuting to downtown Burlington, Hamilton, Niagara, or Toronto is easy and convenient. Just a short stroll away, LaSalle Park stretches along the shores of Burlington Bay, offering beautiful waterfront walking trails, a marina, splash pad, playgrounds, baseball diamonds, and plenty of green space to enjoy throughout the seasons. Aldershot is loved for its established, tree-lined streets and welcoming community atmosphere-a neighbourhood where people come to put down roots. Enjoy easy access to parks, excellent schools, shopping, transit, and the waterfront, all while being surrounded by mature greenery. With a sizeable lot, an exceptional location, and a home filled with possibility, opportunities like this are increasingly hard to find. Whether you're looking to renovate, expand, and make it your own, this is your chance to create something truly special in one of Burlington's most desirable communities.

Key facts

Property type
Detached, Bungalow
MLS®
W13796888
Bedrooms
3
Bathrooms
2 (1 half)
Size
1500-2000 sq ft
Lot
60 × 143 ft
Cross streets
Plains Rd E & King Rd
Parking
4 parking
Driveway
Private
Basement
Full, Partial Basement
Heating
Forced Air
A/C
Central Air
Exterior
Vinyl Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Decommissioned
Property tax
$5,684 / 2025
Days on market
28
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL EST

Rooms

KitchenMain3.57 × 3.78 m

Overlooks Garden

Primary BedroomMain3.60 × 4.51 m

closet · window

RecreationBasement9.05 × 3.72 m
Dining RoomMain3.66 × 3.35 m

Open Concept

BedroomMain3.48 × 2.96 m

closet · window

Living RoomMain3.93 × 5.52 m

overlooks frontyard · open concept · window

BedroomMain3.48 × 3.05 m

closet · window

Family RoomMain4.79 × 4.30 m

w/o to yard · overlooks garden

Our TakeTeam Asgarian · Broker
A small discount is typical
$927Klikely sale price

Listed at $948,000. 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 $927K, if it sells. A realistic range is $869K to $1.05M.

Independent value check: $978K. Without looking at the asking price, our model values the home itself about 3% above the ask (homes like it typically land between $916K and $1.02M).

Why $978K. 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 $5,684 a year; the typical home sold here pays about $6,300.
  • ▼ Lowers it3 bedrooms and 2 baths, against 3+1 and 3 typically.
List price
$869KBelow recent closings$1.05MAbove recent closings

Total price vs nearby homes. Likely closing about $927K, 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
+7%prices vs a year ago
~12 dayshomes like this take to sell
28days on market so far
$3,790/moest. rent · 14 leases
4.8%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 $542/sqft against an area asking average of $748/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 $1.16M. Condition and finishes remain an in-person call.

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
$972kavg 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 $978K, which is where my estimate comes from.

Per square foot, these ask about $748/sqft; this home lists at $542/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
948kThis home825k985k1.07M800k1.18MThis 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
$811K
Brant
$1.38M
Mountainside
$894K
Grindstone
$925K
Roseland
$1.31M

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
$4,321/mo
$184KIncome needed
5.2×Price ÷ income
$997Weekly cost
$15,435Land 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.

90%mortgage
Mortgage $4,321Property tax $474Total carry $4,794

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,193per month

Mortgage amount $758,400 · 4.49% over 25 years

$189,600Down payment (20.0%)
$758,400Loan before insurance
$0CMHC premium
$4,667Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,193
Property tax
$474
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,667

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

One-time closing costs

Ontario land transfer tax
$15,435
Estimated closing costs
$15,435

Plus your down payment of $189,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,075/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

$499,597Total interest paid
$1,257,997Total of all payments
Principal $758,400 Interest $499,597
YearPrincipalInterestBalance
1$16,924$33,396$741,476
2$17,693$32,627$723,783
3$18,496$31,824$705,287
4$19,336$30,984$685,951
5$20,214$30,106$665,738
6$21,132$29,188$644,606
7$22,091$28,229$622,515
8$23,094$27,226$599,421
9$24,143$26,177$575,279
10$25,239$25,081$550,040
11$26,385$23,935$523,655
12$27,583$22,737$496,073
13$28,835$21,485$467,238
14$30,144$20,176$437,093
15$31,513$18,807$405,581
16$32,944$17,376$372,637
17$34,439$15,880$338,197
18$36,003$14,317$302,194
19$37,638$12,682$264,556
20$39,347$10,973$225,210
21$41,133$9,187$184,076
22$43,001$7,319$141,076
23$44,953$5,367$96,122
24$46,994$3,326$49,128
25$49,128$1,192$0

At the end of your 5-year term

Total paid over the term
$251,599
Principal paid down
$92,662
Interest paid
$158,937
Balance remaining
$665,738

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 14 whole-home leases in LaSalle$3,790/mo
$45,480Gross annual rent
3.5%Cap rate after taxes and upkeep
$3,043 to $4,336Typical 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 14 whole-home leases in LaSalle signed at a median of $3,408 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,790. 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.

4.8%
Gross yield
− Property tax $5,684− Insurance $1,400− Vacancy & upkeep $5,003Net operating income $33,393

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL EST. MLS®/PropTx.

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