$548,000

$568,000For salePrice drop↓ $20,000 (4%)

#1705 2007 James Street, Burlington (Brant) - Single Family for Sale

#1705 2007 James Street, Burlington (Brant), Ontario, L7R0G7

1 bed1 bath1 parking650 ft²$590/mo condo feeListed 55 days ago

Overview

This 1-bedroom, 1-bathroom condo in Burlington is for sale offering roughly 650 sq ft of space. Listed at $548,000, it is attractively priced about 30% below the $780,522 median asking price in Burlington. It has been on the market 55 days, fresher than the Burlington average of 60 days.

Condos for Sale in Burlington →All real estate in Burlington →

Description

Enjoy this 1 Bedroom + Den, 1 bath suite at The Gallery Condominium "Moma" model. Just a few blocks from the waterfront, restaurants, and the vibrant pulse of the city. Breathtaking views of downtown Burlington and Lake Ontario right from your living space. Floor-to-ceiling windows provide excellent natural light. This 629 sq. ft. suite features beautiful high-quality wide plank flooring throughout. The kitchen is a masterpiece with stainless steel appliances, modern cabinetry, quartz countertops, and a gorgeous tile backsplash. The bedroom offers floor-to-ceiling windows, large closet & stunning lake and city views. The den, versatile and well-lit, is ideal for a home office, providing the perfect environment for productivity. Enjoy the unparalleled amenities including; gym, indoor pool, rooftop patio, yoga studio & party room! (id:66096)

Property Details

MLS®: W13774674
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, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Condo Fee: $590/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,818.34/yr
Listed: 55 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Range, Dryer, Microwave, Window Coverings
Exterior: Brick
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

55d

Burlington (Brant) listings, avg age

60d

Price / ft²

$844

List price

$548K

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 (Brant) has been listed for 55 days, which is 5 days fresher than the city average of 60. Act while there is still low competition.

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Listed by REVEL REALTY INC. · RENE ALBERTO ILLESCAS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7R)

This home lists at $548,000, about 6.4× the local median household income of $86,000.

Carrying it typically needs a household income of about $107,044 (20% down, 25-yr amortization, stress-tested) — roughly 24% above the area median.

Median household income: $86,000
Population: 17,338
Median age: 45.2
Owner / renter: 49% / 51%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA L7R)

$548,000· $844/ft²

For sale

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Full Cost Breakdown

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Down Payment5.44% · $29,800

Min 5.44%50%

Mortgage payment$2,873/mo

↳ CMHC premium ($20,728 capitalized)

Property tax (est.)$318/mo

Condo fee$590/mo

Total monthly$3,781

Cash Needed to Close

Down payment (5.44%)$29,800

Land transfer tax$7,435

Est. closing costs$4,144

Total cash needed$41,379

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