1063 Joan Drive, Burlington, ON

LaSalle, Burlington · MLS® W13856710

$799,900
For Sale
Listed 13 days agoNo offer date stated
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2+3Bedrooms
2Bathrooms
1Garage · 7 parking
1100-1500Sq ft

About this home

In short

  • Rarely do properties like this hit the market in Burlington's highly desirable, mature LaSalle neighborhood.
  • This beautiful bungalow sits on an impressive, 63 ft wide and 125 ft deep lot surrounded by mature trees, directly across from a quiet local park.
  • Main Level: ~1,200 sq ft of bright above grade living space with rich hardwood floors, a fireplace, an expansive dining area, a pristine white kitchen with stainless...
  • Basement Level: A fully finished, carpet-free lower level offering massive income potential or perfect multi-generational living with 2 bedrooms, 1 full bathroom...
  • The Backyard: A beautifully landscaped, private oasis complete with a striking center tree block and a storage shed.

Rarely do properties like this hit the market in Burlington's highly desirable, mature LaSalle neighborhood. This beautiful bungalow sits on an impressive, 63 ft wide and 125 ft deep lot surrounded by mature trees, directly across from a quiet local park. Main Level: ~1,200 sq ft of bright above grade living space with rich hardwood floors, a fireplace, an expansive dining area, a pristine white kitchen with stainless steel appliances, 2 bedrooms, 1 bathroom and a fully heated rare sunroom extension. Basement Level: A fully finished, carpet-free lower level offering massive income potential or perfect multi-generational living with 2 bedrooms, 1 full bathroom, living area, and endless custom storage. The Backyard: A beautifully landscaped, private oasis complete with a striking center tree block and a storage shed. Bungalows of this size and capability are a rare find in LaSalle.

Key facts

Property type
Detached, Bungalow
MLS®
W13856710
Bedrooms
2+3 (5 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
63 × 125 ft
Cross streets
Plains Rd E & Joan Dr
Parking
1 garage · 7 parking (built-in)
Driveway
Available
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,554 / 2026
Days on market
13
Listing brokerage
EXP REALTY

Rooms

Living RoomMain5.44 × 3.56 m

fireplace · large window · hardwood floor

Primary BedroomMain3.51 × 3.66 m

b/i dishwasher · hardwood floor

Utility RoomBasement2.00 × 2.00 m
BathroomBasement3.00 × 2.00 m

3 Pc Bath

RecreationBasement4.00 × 3.50 m

Laminate

BedroomBasement3.81 × 3.25 m

window · closet

KitchenMain3.58 × 3.28 m

stainless steel appl · granite counters · window

BathroomMain3.00 × 2.00 m

4 Pc Bath

SunroomMain5.18 × 3.66 m

heated floor · overlooks backyard

Bedroom 2Basement3.81 × 3.25 m

window · closet

Cold Room/CantinaBasement4.00 × 1.00 m
Dining RoomMain2.00 × 3.00 m

Hardwood Floor

BedroomMain3.51 × 3.15 m

Hardwood Floor

Living RoomBasement3.50 × 3.50 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$782Klikely sale price

Listed at $799,900. 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 $782K, if it sells. A realistic range is $733K to $882K.

Independent value check: $1.03M. Without looking at the asking price, our model values the home itself about 29% above the ask (homes like it typically land between $967K and $1.08M).

Why $1.03M. 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 $5,554 a year; the typical home sold here pays about $6,300.
  • ▼ Lowers it2+3 bedrooms and 2 baths, against 3+1 and 3 typically.
  • ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises it slightly1 garage and 7 total parking spaces, against 1 and 6 typically.
List price
$733KBelow recent closings$882KAbove recent closings

Total price vs nearby homes. Likely closing about $782K, 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
13days on market so far
$3,473/moest. rent · 13 leases
5.2%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 $615/sqft against an area asking average of $733/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 $1.08M. 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.

  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully

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
$1.01Mavg 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 $781/sqft; this home lists at $615/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
800kThis home985k825k1.07M1.18MThis 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
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
$3,646/mo
$158KIncome needed
5.1×Price ÷ income
$841Weekly cost
$12,473Land 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.

89%mortgage
Mortgage $3,646Property tax $463Total carry $4,108

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)
$3,538per month

Mortgage amount $639,920 · 4.49% over 25 years

$159,980Down payment (20.0%)
$639,920Loan before insurance
$0CMHC premium
$4,001Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,538
Property tax
$463
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,001

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

One-time closing costs

Ontario land transfer tax
$12,473
Estimated closing costs
$12,473

Plus your down payment of $159,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,282/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

$421,548Total interest paid
$1,061,468Total of all payments
Principal $639,920 Interest $421,548
YearPrincipalInterestBalance
1$14,280$28,178$625,640
2$14,929$27,530$610,711
3$15,606$26,852$595,105
4$16,315$26,144$578,789
5$17,056$25,403$561,734
6$17,830$24,628$543,903
7$18,640$23,819$525,263
8$19,486$22,973$505,777
9$20,371$22,088$485,406
10$21,296$21,163$464,111
11$22,263$20,196$441,848
12$23,274$19,185$418,574
13$24,330$18,128$394,244
14$25,435$17,024$368,809
15$26,590$15,869$342,219
16$27,797$14,662$314,422
17$29,059$13,400$285,363
18$30,379$12,080$254,984
19$31,758$10,701$223,226
20$33,200$9,259$190,027
21$34,707$7,751$155,319
22$36,283$6,176$119,036
23$37,930$4,528$81,106
24$39,653$2,806$41,453
25$41,453$1,006$0

At the end of your 5-year term

Total paid over the term
$212,294
Principal paid down
$78,186
Interest paid
$134,107
Balance remaining
$561,734

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
3.8%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.

5.2%
Gross yield
− Property tax $5,554− Insurance $1,400− Vacancy & upkeep $4,584Net operating income $30,138

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

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