$649,500

For sale

4171 PALERMO Common, Burlington - Single Family for Sale

4171 PALERMO Common, Burlington, Ontario, L7L0G7

2 beds2 baths1 parking1,461 ft²$282/mo condo feeListed 85 days ago

Overview

This 2-bedroom, 2-bathroom condo in Burlington is for sale offering roughly 1,461 sq ft of space. Its $649,500 asking price sits right in line with the $649,000 median in Burlington.

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Description

Welcome to this bright and stylish 2-bedroom, 2-bathroom townhouse in the heart of South Burlington. The open-concept main level offers an easy, inviting flow with plenty of natural light, a spacious living area, and a modern eat-in kitchen featuring quartz countertops and stainless steel appliances. Upstairs, two generous bedrooms are complemented by convenient upper-level laundry and an oversized bathroom with ensuite privilege to the primary bedroom. Ample parking and low maintenance fees add to the appeal, making this a fantastic option for easy, low-maintenance living. Ideally situated close to Appleby GO, the QEW, public transit, shopping, parks, and everyday amenities - everything you need is just minutes away. A move-in-ready opportunity in an incredibly convenient South Burlington location! (id:66096)

Property Details

MLS®: 40854666
Property Type: Single Family
Zoning: MXG
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,461 ft²
Year Built: 2014
Storeys: 1
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground
Condo Fee: $282/mo
Fee Includes: Landscaping, Property Management, Parking
Ownership

Rooms

Third level

4pc Bathroom: 12'5'' x 9'9''
Bedroom: 9'11'' x 14'9''
Primary Bedroom: 12'3'' x 14'8''

Main level

Dining room: 7'7'' x 13'0''
2pc Bathroom: 5'3'' x 5'3''
Utility room: 7'2'' x 3'10''
Kitchen: 9'3'' x 13'8''
Living room: 17'5'' x 17'0''

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Southern exposure, Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

85d

Burlington listings, avg age

59d

Price / ft²

$445

List price

$650K

Homes here sell faster than most markets

Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 2-bed single family in Burlington is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX Escarpment Realty Inc. · Rachel Morgan

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7L)

This home lists at $649,500, about 5.3× the local median household income of $122,000.

Carrying it typically needs a household income of about $126,870 (20% down, 25-yr amortization, stress-tested) — roughly 4% above the area median.

Median household income: $122,000
Population: 47,433
Median age: 42.4
Owner / renter: 84% / 16%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L7L)

$649,500· $445/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,950

Min 6.15%50%

Mortgage payment$3,379/mo

↳ CMHC premium ($24,382 capitalized)

Property tax (est.)$243/mo

Condo fee$282/mo

Total monthly$3,904

Cash Needed to Close

Down payment (6.15%)$39,950

Land transfer tax$9,465

Est. closing costs$4,449

Total cash needed$53,864

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