309 Townsend Avenue, Burlington, ON

LaSalle, Burlington · MLS® W14085786

$1,249,000
For Sale
Listed 1 day agoNo offer date stated
Request a showing
◎ Directions
3+1Bedrooms
2Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • Located in a beautiful, tranquil Aldershot neighbourhood, this property offers a fantastic opportunity for renovators, contractors or buyers looking to create their...
  • Situated on a substantial 61' x 124' lot, the home features a beautiful exterior with over $100,000 spent on front and rear concrete work.
  • The home offers 3 well-appointed bedrooms with hardwood floors throughout the main living areas.
  • The primary bedroom features a full ensuite and walk-in closet, while an additional main-floor bedroom adds flexibility.
  • The backyard features a heated in-ground pool and ample space for outdoor enjoyment.

Located in a beautiful, tranquil Aldershot neighbourhood, this property offers a fantastic opportunity for renovators, contractors or buyers looking to create their dream home. Situated on a substantial 61' x 124' lot, the home features a beautiful exterior with over $100,000 spent on front and rear concrete work. The home offers 3 well-appointed bedrooms with hardwood floors throughout the main living areas. The primary bedroom features a full ensuite and walk-in closet, while an additional main-floor bedroom adds flexibility. Oversized windows provide plenty of natural light throughout. The backyard features a heated in-ground pool and ample space for outdoor enjoyment. The kitchen opens to a welcoming dining area overlooking the expansive yard. The basement includes a spacious family room with LED pot lights, a laundry room and garage access. Conveniently located near excellent schools, parks, Burlington Golf & Country Club, highway access and all amenities. An excellent opportunity to renovate and add value in a sought-after area.

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
W14085786
Bedrooms
3+1 (4 total)
Bathrooms
2 (1 half)
Size
2000-2500 sq ft
Lot
61 × 124 ft
Cross streets
Townsend Ave & Eagle Dr
Parking
2 garage · 6 parking (attached)
Driveway
Available
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Metal/Steel Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$6,024 / 2025
Days on market
1
Listing brokerage
RE/MAX REALTY SPECIALISTS INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.22Mlikely sale price

Listed at $1,249,000. 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 $1.22M, if it sells. A realistic range is $1.14M to $1.38M.

Independent value check: $1.18M. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $1.11M and $1.24M).

Why $1.18M. The typical detached home sold in LaSalle over the past year went for about $1.20M (86 sales). What sets this one apart:

  • ▲ Raises itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▼ Lowers it3+1 bedrooms and 2 baths, against 3+1 and 3 typically.
  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $6,024 a year; the typical home sold here pays about $6,300.
List price
$1.14MBelow recent closings$1.38MAbove recent closings

Total price vs nearby homes. Likely closing about $1.22M, 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
1days on market so far
$4,237/moest. rent · 6 leases
4.1%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.3 months of inventory: 30 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 $555/sqft against an area asking average of $892/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 $1.27M. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($555/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
$1.44Mavg 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 $1.18M, which is where my estimate comes from.

Per square foot, these ask about $774/sqft; this home lists at $555/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.25MThis home1.25M1.37M948k2.00M1.65MThis 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
$5,693/mo
$236KIncome needed
5.3×Price ÷ income
$1,314Weekly cost
$21,455Land 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.

92%mortgage
Mortgage $5,693Property tax $502Total carry $6,195

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,525per month

Mortgage amount $999,200 · 4.49% over 25 years

$249,800Down payment (20.0%)
$999,200Loan before insurance
$0CMHC premium
$6,027Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,525
Property tax
$502
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,027

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

One-time closing costs

Ontario land transfer tax
$21,455
Estimated closing costs
$21,455

Plus your down payment of $249,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,687/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

$658,224Total interest paid
$1,657,424Total of all payments
Principal $999,200 Interest $658,224
YearPrincipalInterestBalance
1$22,298$43,999$976,902
2$23,310$42,987$953,592
3$24,369$41,928$929,223
4$25,475$40,822$903,748
5$26,632$39,665$877,116
6$27,841$38,456$849,275
7$29,105$37,192$820,170
8$30,427$35,870$789,744
9$31,808$34,489$757,936
10$33,252$33,045$724,683
11$34,762$31,535$689,921
12$36,340$29,957$653,581
13$37,990$28,307$615,590
14$39,715$26,582$575,875
15$41,519$24,778$534,357
16$43,404$22,893$490,953
17$45,374$20,923$445,579
18$47,435$18,862$398,144
19$49,588$16,709$348,556
20$51,840$14,457$296,716
21$54,193$12,104$242,523
22$56,654$9,643$185,869
23$59,226$7,071$126,642
24$61,916$4,381$64,727
25$64,727$1,570$0

At the end of your 5-year term

Total paid over the term
$331,485
Principal paid down
$122,084
Interest paid
$209,401
Balance remaining
$877,116

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$4,237/mo
$50,844Gross annual rent
3.0%Cap rate after taxes and upkeep
$3,592 to $5,324Typical 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 $3,906 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,237. 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.

4.1%
Gross yield
− Property tax $6,024− Insurance $1,400− Vacancy & upkeep $5,593Net operating income $37,827

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

CallRequest a showing