$769,900

For sale

#1707 370 Martha Street, Burlington (Brant) - Single Family for Sale

#1707 370 Martha Street, Burlington (Brant), Ontario, L7R0G9

2 beds2 baths1 parking850 ft²$802/mo condo feeListed 45 days ago

Overview

This 2-bedroom, 2-bathroom condo in Burlington is for sale offering roughly 850 sq ft of space. Its $769,900 asking price sits right in line with the $779,000 median in Burlington. It has been on the market 45 days, fresher than the Burlington average of 61 days.

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Description

Upscale Nautique Residences DOWNTOWN BURLINGTON. Enjoy the sweeping unobstructed views of Lake Ontario from the floor-to-ceiling windows in the open-concept kitchen/LR/DR area with walk-out to balcony. This sun filled 2 BR, 2 bathroom condo features a chef's kitchen with an upgraded island. Building amenities include 24 hour concierge, swimming pool, 20th-floor Sky Lounge, fire pits, yoga studio, gym, plus more. Condo fees includes high speed internet. Includes 1 underground preferred parking spot, one locker. Steps away from Burlington's vibrant downtown, nearby fine dining establishments, trendy boutiques, Arts Centre, Spencer Smith waterfront Park and Pier. (id:66096)

Property Details

MLS®: W13808646
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $802/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,000.21/yr
Listed: 45 days ago

Rooms

Main level

Living room: 4.29 x 3.3 meters
Kitchen: 4.29 x 3.25 meters
Primary Bedroom: 3.23 x 2.82 meters
Bedroom 2: 3.15 x 2.72 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, Garage door opener remote(s)
Foundation: Poured Concrete
Exterior: Steel, Aluminum siding
Lot Features: Elevator, Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

45d

Burlington (Brant) listings, avg age

61d

Price / ft²

$906

List price

$770K

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 (Brant) has been listed for 45 days, which is 16 days fresher than the city average of 61. Act while there is still low competition.

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Listed by RE/MAX ESCARPMENT REALTY INC. · MARG MORREN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7R)

This home lists at $769,900, about 9.0× the local median household income of $86,000.

Carrying it typically needs a household income of about $150,388 (20% down, 25-yr amortization, stress-tested) — roughly 75% 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)

$769,900· $906/ft²

For sale

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Full Cost Breakdown

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Down Payment6.75% · $51,990

Min 6.75%50%

Mortgage payment$3,980/mo

↳ CMHC premium ($28,716 capitalized)

Property tax (est.)$333/mo

Condo fee$802/mo

Total monthly$5,115

Cash Needed to Close

Down payment (6.75%)$51,990

Land transfer tax$11,873

Est. closing costs$4,810

Total cash needed$68,673

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