614-320 Plains Road, Burlington, ON

LaSalle, Burlington · MLS® W13810866

$499,777
For Sale
Listed 1 day agoNo offer date stated
1Bedrooms
1Bathrooms
1Parking
600-699Sq ft

About this home

In short

  • Penthouse Living In West Burlington.
  • Featuring 10-foot ceilings and no neighbours above, this penthouse unit offers a bright, open and spacious feel that is hard to find.
  • The party room and games room are approximately 15 feet away, making entertaining incredibly convenient without sacrificing privacy within your own suite.
  • Your storage locker is also conveniently located on the 6th floor, just steps from the unit, while your exclusive underground parking space adds everyday convenience.
  • Ideally located in West Burlington, close to Costco, IKEA, major highways including the QEW and 403, shopping, dining and everyday amenities.

Penthouse Living In West Burlington! Welcome to this beautifully maintained top-floor suite offering the perfect blend of comfort, convenience and elevated condo living. Featuring 10-foot ceilings and no neighbours above, this penthouse unit offers a bright, open and spacious feel that is hard to find. The suite has been freshly painted and meticulously maintained, with a stylish kitchen featuring granite countertops and a layout designed for everyday living. One of the standout features is the incredible proximity to the building's rooftop patio, just steps from your door. With plenty of space to relax, entertain or enjoy the outdoors, it truly feels like having your own backyard in the sky. The party room and games room are approximately 15 feet away, making entertaining incredibly convenient without sacrificing privacy within your own suite. Your storage locker is also conveniently located on the 6th floor, just steps from the unit, while your exclusive underground parking space adds everyday convenience. Residents also enjoy access to an impressive selection of amenities, including a meeting room, yoga room and fully equipped exercise facility. Ideally located in West Burlington, close to Costco, IKEA, major highways including the QEW and 403, shopping, dining and everyday amenities. Whether you're a first-time buyer, downsizer or looking for a well-maintained investment, this penthouse offers a fantastic opportunity to enjoy elevated condo living in a highly convenient location. Move-in ready and waiting for its new owner!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13810866
Bedrooms
1
Bathrooms
1
Size
600-699 sq ft
Cross streets
PLAINS RD E ADJACENT TO DOWNSVIEW DR
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Stucco (Plaster)
Roof
Flat
Maintenance
$634/mo
Exposure
North East
Property tax
$2,995 / 2026
Days on market
1
Listing brokerage
REVEL REALTY INC.

Rooms

KitchenMain3.76 × 4.34 m

Combined w/Dining

DenMain1.88 × 2.64 m
BedroomMain4.24 × 3.17 m
Living RoomMain3.86 × 3.73 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$484Klikely sale price

Listed at $499,777. 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 $484K, if it sells. A realistic range is $456K to $524K.

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
$456KBelow recent closings$524KAbove recent closings

Total price vs nearby homes. Likely closing about $484K, 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
1days on market so far
$2,129/moest. rent · 5 leases
5.1%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.6 months of inventory: 7 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 $769/sqft against an area asking average of $649/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 $385K. 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

Based on 4 homes sold in this building over the past two years, plus 1 nearby in LaSalle, from 57 closings in LaSalle.

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
$2,278/mo
$110KIncome needed
4.5×Price ÷ income
$526Weekly cost
$6,471Land 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.

72%mortgage
Mortgage $2,278Property tax $250Condo fee $634Total carry $3,161

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)
$2,189per month

Mortgage amount $399,822 · 4.39% over 25 years

$99,955Down payment (20.0%)
$399,822Loan before insurance
$0CMHC premium
$3,072Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,189
Property tax
$250
Condo / maintenance fees
$634
Heating
$0
Estimated monthly cost
$3,072

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

One-time closing costs

Ontario land transfer tax
$6,471
Estimated closing costs
$6,471

Plus your down payment of $99,955. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,651/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

$256,735Total interest paid
$656,556Total of all payments
Principal $399,822 Interest $256,735
YearPrincipalInterestBalance
1$9,047$17,215$390,774
2$9,449$16,813$381,325
3$9,868$16,394$371,457
4$10,306$15,956$361,150
5$10,764$15,498$350,387
6$11,241$15,021$339,145
7$11,740$14,522$327,405
8$12,261$14,001$315,143
9$12,806$13,457$302,338
10$13,374$12,888$288,964
11$13,968$12,295$274,996
12$14,587$11,675$260,409
13$15,235$11,027$245,174
14$15,911$10,351$229,263
15$16,617$9,645$212,646
16$17,355$8,908$195,291
17$18,125$8,137$177,166
18$18,929$7,333$158,237
19$19,769$6,493$138,467
20$20,647$5,615$117,820
21$21,563$4,699$96,257
22$22,520$3,742$73,737
23$23,520$2,743$50,217
24$24,564$1,699$25,654
25$25,654$609$0

At the end of your 5-year term

Total paid over the term
$131,311
Principal paid down
$49,435
Interest paid
$81,876
Balance remaining
$350,387

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 5 whole-home leases in LaSalle$2,129/mo
$25,548Gross annual rent
2.3%Cap rate after taxes and upkeep
$1,873 to $2,384Typical 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 5 whole-home leases in LaSalle signed at a median of $2,300 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,129. 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.

5.1%
Gross yield
− Property tax $2,995− Condo fees $7,605− Insurance $600− Vacancy & upkeep $2,810Net operating income $11,538

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

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