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Listed 28 days ago

30 - 374 plains Road E

LaSalle, Burlington

$988,888

Condo Townhouse |
3 | 4 | 2 | 0
About this home

An exceptional mixed-use investment and owner-user opportunity. This well-maintained property features a high-end commercial spa occupying the main and lower levels, thoughtfully designed with premium finishes and a professional layout suited for a luxury wellness business. Above, the second and third floors offer a beautifully renovated 3-bedroom apartment with modern updates, spacious principal rooms, and excellent natural light, providing an ideal live/work arrangement or additional rental income.Located in a high-visibility area with strong pedestrian and vehicle traffic, this property offers outstanding exposure for business operations while benefiting from a quality residential component. The flexible layout appeals to investors seeking multiple income streams or entrepreneurs looking to operate their business while living on-site. A rare opportunity to own a turnkey commercial/residential property with significant income potential in a desirable location.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Townhouse
Style3-Storey
Approx. Age16-30
Size2000-2249 sq. ft.
Maintenance Fees$334
LockerNone
BalconyTerrace
ExposureNorth West
Parking TypeCarport
Parking Spaces2
Parking FeaturesPrivate
Property Tax$6,796
mls© NumberW13534128
Listed ByCIREALTY
Parking Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,062
Property tax
$566
Heat allowance
$150
Condo fees, half counted
$167
Housing costs
$5,945 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $197,778
25-yr amortization

Income needed

$183,000

gross annual household income

Payment at 4%
$4,161 / mo
Cash down
$197,778

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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