727 King Road, Burlington, ON

LaSalle, Burlington · MLS® W13800000

$2,699,000
For Sale
Listed 29 days agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage · 8 parking
3000-3500Sq ft

About this home

In short

  • This unique property by Refine Custom Homes has charm, it has character, and it is woven into the fabric of the community.
  • A second-storey addition makes room for the primary suite, with nine-foot ceilings and a spa-inspired ensuite wrapped in warm wood and European tile.
  • Right down to the garage, with vaulted pine ceilings and dual doors, including a glass one that opens to the backyard.

This unique property by Refine Custom Homes has charm, it has character, and it is woven into the fabric of the community. For generations, this home has stood in Burlington, with the kind of presence you can't build new: weathered brick, real proportion, and the quiet confidence of a place that has watched a neighbourhood grow up around it. The easy thing would have been to tear it down. But Refine did the opposite. They chose to honour it. What followed was a careful, deliberate transformation. The home's original character was preserved at the street, while behind it the house was reimagined for the way families live today. A second-storey addition makes room for the primary suite, with nine-foot ceilings and a spa-inspired ensuite wrapped in warm wood and European tile. A third-floor retreat sits quietly above, a flexible lower level waits below, but the centre of it all is an inviting open- concept kitchen built for hosting friends and family. The craft is everywhere, and most of it you feel before you notice it: custom millwork throughout, a Venetian plaster range hood, wood inlay ceilings, an arched bar tucked into the living space, European tile, smart lighting, and tilt-and-turn windows that flood the rooms with light. Right down to the garage, with vaulted pine ceilings and dual doors, including a glass one that opens to the backyard. And beneath the beauty, it was made to last, giving you the character of an old home with the comfort of a new one. Same place. New chapter. Ready for the family that will write what comes next. Luxury Certified.

Key facts

Property type
Detached, 2 1/2 Storey
MLS®
W13800000
Bedrooms
4
Bathrooms
4 (1 half)
Size
3000-3500 sq ft
Lot
97.6 × 115.9 ft
Cross streets
PLAINS ROAD E & KING ROAD
Parking
2 garage · 8 parking (attached)
Driveway
Private Double
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Metal/Steel Siding, Brick
Foundation
Concrete Block, Poured Concrete
Roof
Asphalt Rolled, Asphalt Shingle
Sewer
Sewer
Property tax
$6,102 / 2026
Days on market
29
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

PantryMain2.06 × 3.58 m
Exercise RoomLower3.84 × 5.64 m
OtherLower3.38 × 3.30 m
LoftThird4.55 × 3.61 m
OfficeMain3.89 × 2.64 m
BathroomSecond0.00 × 0.00 m

4 Pc Bath

BedroomSecond3.89 × 3.28 m
Living RoomMain3.84 × 7.06 m
Primary BedroomSecond3.81 × 5.21 m
LaundryMain2.21 × 1.75 m
BedroomSecond3.84 × 3.15 m
FoyerMain6.25 × 6.68 m
BathroomMain1.57 × 1.75 m

2 Pc Bath

KitchenMain4.11 × 5.89 m
Dining RoomMain4.11 × 5.97 m
RecreationLower5.03 × 6.53 m
BathroomSecond0.00 × 0.00 m

4 Pc Bath

Utility RoomThird1.50 × 1.35 m
BedroomSecond5.03 × 3.15 m
BathroomBasement0.00 × 0.00 m

3 Pc Bath

LoftThird3.84 × 3.35 m
Utility RoomLower1.47 × 2.64 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$2.64Mlikely sale price

Listed at $2,699,000. 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 $2.64M, if it sells. A realistic range is $2.47M to $2.98M.

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
$2.47MBelow recent closings$2.98MAbove recent closings

Total price vs nearby homes. Likely closing about $2.64M, 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
29days on market so far
$5,702/moest. rent · 6 leases
2.5%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.7 months of inventory: 26 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 $830/sqft against an area asking average of $883/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 $1.41M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
  • 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 ($830/sqft) is below the area, so you are paying for extra space rather than a premium.

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
$3.22Mavg 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 $2.10M, which is where my estimate comes from.

Per square foot, these ask about $980/sqft; this home lists at $830/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
2.70MThis home2.95M3.40M2.00M1.80M5.95MThis 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
Mountainside
$877K
Grindstone
$925K
Roseland
$1.89M

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
$12,301/mo
$484KIncome needed
5.6×Price ÷ income
$2,839Weekly cost
$53,950Land 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.

96%mortgage
Mortgage $12,301Property tax $508Total carry $12,810

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)
$11,939per month

Mortgage amount $2,159,200 · 4.49% over 25 years

$539,800Down payment (20.0%)
$2,159,200Loan before insurance
$0CMHC premium
$12,447Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,939
Property tax
$509
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,447

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

One-time closing costs

Ontario land transfer tax
$53,950
Estimated closing costs
$53,950

Plus your down payment of $539,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$14,450/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

$1,422,376Total interest paid
$3,581,576Total of all payments
Principal $2,159,200 Interest $1,422,376
YearPrincipalInterestBalance
1$48,184$95,079$2,111,016
2$50,372$92,891$2,060,644
3$52,659$90,604$2,007,985
4$55,050$88,213$1,952,935
5$57,549$85,714$1,895,386
6$60,162$83,101$1,835,223
7$62,894$80,369$1,772,329
8$65,750$77,513$1,706,580
9$68,735$74,528$1,637,845
10$71,856$71,407$1,565,989
11$75,118$68,145$1,490,871
12$78,529$64,734$1,412,342
13$82,095$61,169$1,330,247
14$85,822$57,441$1,244,425
15$89,719$53,544$1,154,707
16$93,792$49,471$1,060,914
17$98,051$45,212$962,864
18$102,503$40,760$860,361
19$107,157$36,106$753,204
20$112,022$31,241$641,182
21$117,108$26,155$524,074
22$122,425$20,838$401,649
23$127,984$15,279$273,665
24$133,795$9,468$139,870
25$139,870$3,393$0

At the end of your 5-year term

Total paid over the term
$716,315
Principal paid down
$263,814
Interest paid
$452,501
Balance remaining
$1,895,386

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$5,702/mo
$68,424Gross annual rent
2.0%Cap rate after taxes and upkeep
$4,762 to $6,528Typical 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 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 $5,702. 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.

2.5%
Gross yield
− Property tax $6,102− Insurance $1,400− Vacancy & upkeep $7,527Net operating income $53,396

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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