$320,000

For sale

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#110 4003 Kilmer Drive, Burlington (Tansley) - Single Family for Sale

#110 4003 Kilmer Drive, Burlington (Tansley), Ontario, L7M4M1

1 bed1 bath1 parking ft²

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#406 4006 Kilmer Drive, Burlington (Tansley), Ontario, L7M4W4

For sale

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Investment analysis

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$320,000

Burlington

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Description

Priced to sell!! Move-in ready 1-bedroom condo in Tansley Gardens! This open-concept ground-floor unit features laminate flooring throughout, a spacious living and dining area with walkout to a private terrace, and a functional kitchen with ample counter space and a breakfast bar. The large primary bedroom includes a double closet with a custom organizer. Additional highlights include an extra storage closet in the bathroom, ensuite laundry, and convenient ground-level access to underground parking and locker. Walking distance to restaurants, shopping, and just minutes to the highway. (id:66096)

Property Details

MLS®: W13830374
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $685/mo
Fee Includes: Common Area Maintenance, Water, Parking
Ownership: Condo/Strata
Property Tax: $1,982/yr
Listed: 40 days ago

Market Timing

Days on market

40d

Burlington (Tansley) listings, avg age

39d

Price / ft²

$493

List price

$320K

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.

Area context

Neighbourhood profile (L7M)

This home lists at $320,000, about 2.4× the local median household income of $131,000.

Carrying it typically needs a household income of about $62,507 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $131,000
Population: 48,498
Median age: 41.6
Owner / renter: 90% / 10%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L7M)

$320,000· $493/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $16,000

Min 5%50%

Mortgage payment$1,685/mo

↳ CMHC premium ($12,160 capitalized)

Property tax (est.)$165/mo

Condo fee$685/mo

Total monthly$2,536

Cash Needed to Close

Down payment (5%)$16,000

Land transfer tax$3,275

Est. closing costs$3,460

Total cash needed$22,735

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#110 4003 Kilmer Drive, Burlington (Tansley) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

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Market Timing

Location

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Neighbourhood profile (L7M)

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