$595,000

For sale

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#111 4015 Kilmer Drive, Burlington (Tansley) - Single Family for Sale

#111 4015 Kilmer Drive, Burlington (Tansley), Ontario, L7M4M4

2 beds2 baths1 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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$595,000

Burlington

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Description

Ground floor corner unit: Bright and spacious, this immaculate 2 bed, 2 bath corner unit offers approximately 1,100 sq. ft. of move-in ready living space. The open-concept layout features a cozy fireplace, in-suite laundry, and a large primary bedroom suite with 4 piece ensuite. Rare for condo living, this well-managed complex permits both barbecues and pets. Situated in a prime location, you are steps from Tansley Woods Park and community centre, with effortless access to QEW, 407 and Appleby GO for a seamless commute. Quick closing available. (id:66096)

Property Details

MLS®: W13764354
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Condo Fee: $686/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,863/yr
Listed: 55 days ago

Rooms

Main level

Living room: 3.92 x 3.59 meters
Dining room: 4.63 x 2.23 meters
Kitchen: 5.58 x 3.08 meters
Primary Bedroom: 3.44 x 5.13 meters
Bedroom 2: 4.02 x 2.88 meters
Laundry room
Bathroom: 2.35 x 2.38 meters
Bathroom: 2.35 x 1.79 meters

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

Market Timing

Days on market

55d

Burlington (Tansley) listings, avg age

39d

Price / ft²

$541

List price

$595K

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 $595,000, about 4.5× the local median household income of $131,000.

Carrying it typically needs a household income of about $116,224 (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)

$595,000· $541/ft²

For sale

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Full Cost Breakdown

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Down Payment5.80% · $34,500

Min 5.80%50%

Mortgage payment$3,108/mo

↳ CMHC premium ($22,420 capitalized)

Property tax (est.)$239/mo

Condo fee$686/mo

Total monthly$4,033

Cash Needed to Close

Down payment (5.80%)$34,500

Land transfer tax$8,375

Est. closing costs$4,285

Total cash needed$47,160

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

#111 4015 Kilmer Drive, Burlington (Tansley) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (L7M)

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Full Cost Breakdown