$365,000

For saleJust listed

#115 2040 Cleaver Avenue, Burlington (Headon) - Single Family for Sale

#115 2040 Cleaver Avenue, Burlington (Headon), Ontario, L7M4C4

1 bed1 bath2 parking650 ft²$560/mo condo feeListed 6 days ago

Overview

This 1-bedroom, 1-bathroom condo in Burlington is for sale offering roughly 650 sq ft of space. Listed at $365,000, it is attractively priced about 39% below the $599,800 median asking price in Burlington. It has been on the market 6 days, fresher than the Burlington average of 51 days.

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Description

Welcome To Unit 115 In The Wonderful Community Minded And Well Managed Complex Of 2040 Cleaver Avenue. A Prime Location In Burlington Near A Large Array Of Schools, Beautiful Parks, A Variety Of Amenities, Close To Highways And Less Than A 20 Minute Drive To The Burlington Go Station. This Unit Is Perfect For First Time Buyers And Seniors With A Very Convenient And Efficient Use Of Space. The Unit Itself Has Had Recent Upgrades With New Vinyl Flooring And Freshly Painted Walls Throughout To Give It A Clean Modern Feel While Also Having A Touch Of Nature As The Unit Backs Onto Lush Greenery Space To Compliment The Already Peaceful Serene Area. Other Featured Upgrades Include A New Stove 2026, 3-Year-Old Stackable Washer And Dryer, Bosch Dishwasher, Ceramic Backsplash, Owned Water Heater, And A Recent Balcony Upgrade. Unit Includes A RARE TWO Parking Spaces With One Being Right Out Your Front Door And The Other One Being Underground Parking. Close To The Stairwell Entrance, Which Is Great For Those Cold Snowy Winter Days, Also Includes A Locker For All Your Storage Needs. (id:66096)

Property Details

MLS®: W14131412
Property Type: Single Family
Zoning: Residential
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 650 ft²
Basement: None
Heating: Heat Pump, Other
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $560/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,390/yr
Listed: 6 days ago

Rooms

Ground level

Living room: 5.64 x 3.66 meters
Bedroom: 3.45 x 3.43 meters
Kitchen: 2.03 x 2.52 meters
Bathroom: 1.55 x 2.49 meters
Dining room: 2.44 x 2.26 meters

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, Water Heater
Flooring: Vinyl
Exterior: Brick, Aluminum siding
Lot Features: Wooded area, Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Burlington (Headon) listings, avg age

51d

Price / ft²

$562

List price

$365K

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 1-bed single family in Burlington (Headon) has been listed for 6 days, which is 45 days fresher than the city average of 51. Act while there is still low competition.

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Listed by ROYAL LEPAGE REALTY CENTRE · RON FRANCIA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7M)

This home lists at $365,000, about 2.8× the local median household income of $131,000.

Carrying it typically needs a household income of about $71,297 (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)

$365,000· $562/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,250

Min 5%50%

Mortgage payment$1,922/mo

↳ CMHC premium ($13,870 capitalized)

Property tax (est.)$199/mo

Condo fee$560/mo

Total monthly$2,682

Cash Needed to Close

Down payment (5%)$18,250

Land transfer tax$3,950

Est. closing costs$3,595

Total cash needed$25,795

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