$394,999

For sale

#B122 1119 Cooke Boulevard, Burlington (LaSalle), Ontario, L7T0C7

1 ba1 pk250 ft²+$435/mo

Listed by HOMELIFE/MIRACLE REALTY LTD

#407 5250 Lakeshore Road, Burlington (Appleby), Ontario, L7L5L2

For saleJust listed

Today

$779K

#407 5250 Lakeshore Road, Burlington (Appleby), Ontario, L7L5L2

2 bd2 ba1 pk1,500 ft²+$1222/mo

Listed by HARVEY KALLES REAL ESTATE LTD.

#603 1940 Ironstone Drive, Burlington (Uptown), Ontario, L7L0E4

For saleJust listed

Today

$415K

#603 1940 Ironstone Drive, Burlington (Uptown), Ontario, L7L0E4

2 bd2 ba1 pk650 ft²+$663/mo

#603 1940 IRONSTONE Drive, Burlington, Ontario, L7L0E4

2 bd2 ba1 pk679 ft²+$663/mo

Listed by eXp Realty

Investment analysis

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$394,999

Burlington

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Overview

This 2-bedroom, 2-bathroom condo in Burlington is for sale offering roughly 1,020 sq ft of space. Listed at $394,999, it is attractively priced about 39% below the $649,000 median asking price in Burlington. It has been on the market 44 days, fresher than the Burlington average of 59 days.

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

Description

INCREDIBLE VALUE IN SOUTH BURLINGTON! Offered at just $394,999 with an ALL-INCLUSIVE CONDO FEE covering building insurance, cable TV, high-speed internet, heat, hydro, common elements, parking, property management, landscaping and snow removal. This spacious unit offers over 1,000 sq. ft. of living space and an exceptional opportunity to get into one of Burlington's most desirable and convenient locations at an incredibly attractive price point. The generous floor plan includes a large living and dining area, spacious bedroom and an oversized den offering tremendous flexibility as a home office, additional living space or potential second bedroom. Enjoy the convenience of condo living just minutes from Downtown Burlington, the waterfront, Spencer Smith Park, restaurants, coffee shops, shopping, transit and major highways. An outstanding opportunity for first-time buyers, those looking to get into South Burlington, downsizers or investors searching for space, location and value. At $394,999, opportunities offering this much space in this location are increasingly difficult to find. A must-see opportunity in the heart of South Burlington! (id:66096)

Property Details

MLS®: 40865096
Property Type: Single Family
Zoning: RM5
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,020 ft²
Year Built: 1976
Storeys: 1
Style: Other
Basement: None
Heating: Forced air
Cooling: Central air conditioning
Garage: Underground, Visitor Parking
Pool: Yes
Condo Fee: $1,140/mo
Fee Includes: Landscaping, Property Management, Cable TV, Heat, Electricity, Insurance
Ownership: Condo/Strata
Property Tax: $2,565/yr
Listed: 44 days ago

Rooms

Main level

3pc Bathroom: 8'5'' x 5'7''
Storage: 4'10'' x 8'7''
Laundry room: 3'2'' x 6'3''
Foyer: 4'11'' x 15'8''
2pc Ensuite bath: 5'8'' x 5'7''
Primary Bedroom: 21'0'' x 10'8''
Den: 18'0'' x 10'0''
Dining room: 11'0'' x 8'4''
Kitchen: 13'8'' x 7'5''
Living room: 21'4'' x 10'11''

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
Foundation: Poured Concrete
Exterior: Brick, Aluminum siding
Lot Features: Southern exposure, Balcony, No Pet Home

Services

Water: Municipal water
Sewer: Municipal sewage system
Utilities: Natural Gas, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

44d

Burlington listings, avg age

59d

Price / ft²

$387

List price

$395K

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 (L7S)

This home lists at $394,999, about 5.1× the local median household income of $77,000.

Carrying it typically needs a household income of about $77,157 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $77,000
Population: 12,207
Median age: 54
Owner / renter: 51% / 49%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA L7S)

$394,999· $387/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,749.95

Min 5%50%

Mortgage payment$2,080/mo

↳ CMHC premium ($15,010 capitalized)

Property tax (est.)$214/mo

Condo fee$1,140/mo

Total monthly$3,434

Cash Needed to Close

Down payment (5%)$19,750

Land transfer tax$4,400

Est. closing costs$3,685

Total cash needed$27,835

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

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#203 1415 GHENT Avenue, Burlington - Single Family for Sale

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Neighbourhood profile (L7S)

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