59 Fairwood Place, Burlington, ON

LaSalle, Burlington · MLS® W13868342

$1,799,000
For Sale
Listed 10 days agoNo offer date stated
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4+1Bedrooms
5Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Stunning renovated 4 bedroom, 5 bath family home situated on a large 75x189 ft mature lot with inground pool in Burlington's sought after Lasalle community.
  • This home boasts a bright open concept layout with large principal rooms featuring wide plank hardwood, smooth ceilings, and pot lights throughout.
  • The open concept gourmet kitchen features white shaker style cabinets, an island with breakfast bar, pot lights, under mount sink, built-in panelled fridge and...
  • Upstairs the generous primary bedroom offers a walk-in closet and 5 pc spa-inspired primary ensuite bath complete a double sink vanity, freestanding tub and shower...
  • Huge mature backyard complete with interlocking patio, outdoor sauna and inground pool.

Stunning renovated 4 bedroom, 5 bath family home situated on a large 75x189 ft mature lot with inground pool in Burlington's sought after Lasalle community! This home boasts a bright open concept layout with large principal rooms featuring wide plank hardwood, smooth ceilings, and pot lights throughout. The open concept gourmet kitchen features white shaker style cabinets, an island with breakfast bar, pot lights, under mount sink, built-in panelled fridge and dishwasher, a stainless steel gas stove, and french patio doors to walk-out to the backyard. The dining room, which overlooks the kitchen, features built-in cabinets and bench seating.Convenient main floor mudroom with access to the garage offers extra storage and convenience. Upstairs the generous primary bedroom offers a walk-in closet and 5 pc spa-inspired primary ensuite bath complete a double sink vanity, freestanding tub and shower with glass enclosure, the 2nd bedroom also offers a walk-in closet and 3pc ensuite bathroom, while the other bedrooms are spacious and sun-filled.Convenient 2nd floor laundry room with closet for extra storage. The basement boasts a large rec room with wet-bar, bedroom, storage and separate entrance (in-law suite potential). Garage has heating & cooling. Huge mature backyard complete with interlocking patio, outdoor sauna and inground pool! This one is an absolute must to view!

Key facts

Property type
Detached, 2-Storey
MLS®
W13868342
Bedrooms
4+1 (5 total)
Bathrooms
5 (1 half)
Size
2500-3000 sq ft
Lot
75 × 189 ft
Cross streets
Plains/Lasalle Park Road
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Separate Entrance, Walk-Up, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Board & Batten
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$11,008 / 2025
Days on market
10
Listing brokerage
Royal LePage Real Estate Services Ltd., Brokerage

Rooms

RecreationBasement7.34 × 5.28 m
Mud RoomMain3.08 × 2.15 m
Dining RoomMain4.84 × 5.85 m
BedroomSecond3.80 × 4.59 m
BedroomSecond3.31 × 5.40 m
LaundrySecond2.40 × 2.74 m
BedroomSecond4.19 × 4.12 m
KitchenMain3.83 × 4.61 m
BedroomBasement4.24 × 4.59 m
Primary BedroomSecond4.54 × 8.28 m
OtherBasement1.34 × 2.28 m
Utility RoomBasement1.87 × 3.20 m
Living RoomMain7.34 × 4.49 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.76Mlikely sale price

Listed at $1,799,000. 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 $1.76M, if it sells. A realistic range is $1.65M to $1.98M.

Independent value check: $2.10M. Without looking at the asking price, our model values the home itself about 17% above the ask (homes like it typically land between $1.97M and $2.20M).

Why $2.10M. The typical detached home sold in LaSalle over the past year went for about $1.20M (86 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $11,008 a year; the typical home sold here pays about $6,300.
  • ▲ Raises itIt is 2,500 to 3,000 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises it4+1 bedrooms and 5 baths, against 3+1 and 3 typically.
  • ▲ Raises it slightly2 garage and 6 total parking spaces, against 1 and 6 typically.
List price
$1.65MBelow recent closings$1.98MAbove recent closings

Total price vs nearby homes. Likely closing about $1.76M, 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
10days on market so far
$5,302/moest. rent · 8 leases
3.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1 months of inventory: 7 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 $654/sqft against an area asking average of $1,024/sqft.

  • Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance. 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 $2.00M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

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

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
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
$2.75Mavg 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 $929/sqft; this home lists at $654/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.80MThis home2.00M1.60M3.40M4.00MThis 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.

Grindstone
$925K
Freeman
$844K
Brant
$1.31M
Mountainside
$877K
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
$8,199/mo
$346KIncome needed
5.2×Price ÷ income
$1,892Weekly cost
$32,455Land 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 $8,199Property tax $917Total carry $9,117

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)
$7,958per month

Mortgage amount $1,439,200 · 4.49% over 25 years

$359,800Down payment (20.0%)
$1,439,200Loan before insurance
$0CMHC premium
$8,875Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,958
Property tax
$917
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,875

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

One-time closing costs

Ontario land transfer tax
$32,455
Estimated closing costs
$32,455

Plus your down payment of $359,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,631/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

$948,075Total interest paid
$2,387,275Total of all payments
Principal $1,439,200 Interest $948,075
YearPrincipalInterestBalance
1$32,117$63,374$1,407,083
2$33,575$61,916$1,373,508
3$35,099$60,392$1,338,409
4$36,693$58,798$1,301,715
5$38,359$57,132$1,263,356
6$40,101$55,390$1,223,256
7$41,922$53,569$1,181,334
8$43,825$51,666$1,137,509
9$45,815$49,676$1,091,694
10$47,895$47,596$1,043,799
11$50,070$45,421$993,730
12$52,343$43,148$941,387
13$54,720$40,771$886,667
14$57,204$38,287$829,463
15$59,801$35,690$769,662
16$62,517$32,974$707,145
17$65,355$30,136$641,790
18$68,322$27,169$573,468
19$71,425$24,066$502,043
20$74,667$20,824$427,376
21$78,058$17,433$349,318
22$81,602$13,889$267,716
23$85,307$10,184$182,409
24$89,180$6,311$93,229
25$93,229$2,262$0

At the end of your 5-year term

Total paid over the term
$477,455
Principal paid down
$175,844
Interest paid
$301,611
Balance remaining
$1,263,356

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 8 whole-home leases in LaSalle$5,302/mo
$63,624Gross annual rent
2.5%Cap rate after taxes and upkeep
$4,878 to $5,904Typical 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 8 whole-home leases in LaSalle signed at a median of $4,552 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,302. 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.

3.5%
Gross yield
− Property tax $11,008− Insurance $1,400− Vacancy & upkeep $6,999Net operating income $44,217

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Royal LePage Real Estate Services Ltd., Brokerage. MLS®/PropTx.

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