985 Kingsway Drive, Burlington, ON

$1,899,999
MLS#:W9396611
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8 beds
8 baths
11.0 parking
Residential Freehold
Sold property - 8 Bed, 8 Bath Home at 985 Kingsway Drive Burlington ON listed at $1,899,999 (MLS# W9396611) - Main View
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This property was sold on January 30, 2025. Listing is for reference only.
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Added:Oct 15, 2024(702 days ago)
Updated:Jan 30, 2025(595 days ago)
Last Checked:19 minutes ago

Property Highlights

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Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of LaSalle. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $1,899,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 8 Bedrooms and 8 Bathrooms with 8 functional kitchens
  • Premium 76 x 141.62 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 11.0 total parking spaces available with a convenient other configuration
  • Notable attributes: None
  • Efficient water heating via gas

Description

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6.3% cap rate. 8-units (3x 2b & 5x 1b) total including 3 vacant. Meticulously maintained building features revitalized common areas and updated exterior retaining wall. Tenants pay Hydro. Flat roof (2022). Clean Environmental Phase 1 (2024). Laundry on site. 11 parking spots. Located less than 3 km from Aldershot GO Station, Highway 403, and Mapleview Shopping Centre.

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Property Summary

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This multiplex located at 985 Kingsway Drive, Burlington is currently for sale and has been available on SousaSells for 702 days. This property is listed at $1,899,999 with an estimated mortgage of $6,324* per month. It has 8 beds, 8 bathrooms, and is unknown square feet. 985 Kingsway Drive, Burlington is in the LaSalle neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 8 bedrooms and 8 bathrooms, this home offers ample space and comfort for growing families in LaSalle, Burlington.

Highly Recommended for Families
What We Love About This Home
  • •8 spacious bedroom layout offering versatile living space
  • •8 well-appointed bathrooms
  • •Desirable Multiplex architecture in LaSalle, Burlington
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in LaSalle, Burlington.

Target Buyer Match

Key Features

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Bedrooms
8
Bathrooms
8
Kitchens
8
Property Type
Residential Freehold

Additional Details

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StatusSold
Sold DateJanuary 30, 2025
Sold price information is available to members only
AddedOct 15, 2024 (702 days ago)
UpdatedJan 30, 2025 (595 days ago)
Last Checked19 minutes ago
Transaction TypeFor Sale
List Office NameMYSAK REALTY INC.

Property Details

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Property Sub-TypeMultiplex
Architectural Style2-Storey
ConstructionConcrete
BasementFinished
Lot Size76 Ă— 141.62 Feet
CountyHalton
Annual Tax$8,309
Legal DescriptionPT LT 63, PL PF810; PT LTS 23 & 24, PL PF825, AS IN 555713; BURLINGTON. S/T 555713 & 370817. S/T EASE H846855 OVER PTS 1 & 2, 20R13625

Parking & Garage

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Parking Total11.0
Parking Space11
Garage TypeOther

Heating & Cooling

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Heat SourceGas
Heat TypeWater
CoolingNone

Features

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Property Features

None listed

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Property History

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No historical data available for this property.

This could be the first listing for this address.

Burlington Homeowner & Seller AdvisoryVerified Sold Comp

What is your house worth in Burlington?

This property at 985 Kingsway Drive, Burlington, ON has closed. If you own a home on this street or nearby in Burlington, recent market trends and verified sold prices directly determine your home equity.

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Frequently Asked Questions about 985 Kingsway Drive, Burlington, ON

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Q.What is the asking price for 985 Kingsway Drive, Burlington, ON ?

The current listing price for 985 Kingsway Drive, Burlington, ON in LaSalle, Burlington is $1,899,999.

Q.How many bedrooms and bathrooms does this property have?

This property features 8 bedrooms and 8 bathrooms.

Q.What property type and architectural style is 985 Kingsway Drive, Burlington, ON ?

985 Kingsway Drive, Burlington, ON is a Multiplex (2-Storey) featuring a Finished basement.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 11.0 vehicles (Other).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via None.

Location

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985 Kingsway Drive, Burlington, ON
Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

LaSalle, Burlington

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents60 incidents / yr
Average Per Month5.0 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

11 assaults (45.0/100k)

Property Security
Low

10 B&E (40.0/100k)

Auto Theft Risk
Low Risk

23 thefts (45.0/100k)

1-Year Trend
â–Ľ 6.1%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Halton Regional Police Service (HRPS) Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Pricing & Value Insights

Data-driven valuation for 985 Kingsway Drive, Burlington, ON L7T 3J1

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Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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LaSalle, Burlington Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for LaSalle, Burlington.

Verified Local Data
City Population186,948
City Median Age42.6 Yrs
City Ownership78% Owners
Avg Area List Price$1,458,345

People & Families

Age Distribution

Household Composition

One-person households
24%
Families with children
44%
Couples without children
28%
Other households
4%

Top Ethnic Origins

English31%
Canadian24%
Scottish22%
Irish21%

Best Schools in LaSalle, Burlington

Elementary Schools

Glenview
Public143 Townsend Avenue, Aldershot, Burlington, Ontario, L7T 1Z1
6.1
Holy Rosary
Public261 Plains Road East, Aldershot, Burlington, Ontario, L7T 2C7
6.0
Maplehurst
Public481 Plains Road East, Aldershot, Burlington, Ontario, L7T 2E2
7.4
Kings Road
Public660 Greenwood Drive, Aldershot, Burlington, Ontario, L7T 3P3
5.0
Saint-Philippe
Public901 Francis Road, Aldershot, Burlington, Ontario, L7T 3Y3
6.2

Secondary Schools

Aldershot
Public50 Fairwood Place West, Aldershot, Burlington, Ontario, L7T 1E5
7.6
Burlington Central
Public1433 Baldwin Street, Burlington, Ontario, L7S 1K4
7.4

LaSalle, Burlington Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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