$394,999

For sale

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1 bd1 ba1 pk550 ft²+$559/mo

Listed by HOMELIFE LANDMARK REALTY INC.

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Listed by KELLER WILLIAMS EDGE REALTY

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2 bd2 ba2 pk1,100 ft²+$852/mo

Listed by RE/MAX ESCARPMENT REALTY INC.

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For sale

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$790K

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2 bd2 ba1 pk1,300 ft²+$1332/mo

Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Investment analysis

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$394,999

Burlington

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#203 1415 Ghent Avenue, Burlington (Brant) - Single Family for Sale

#203 1415 Ghent Avenue, Burlington (Brant), Ontario, L7S1X4

2 beds2 baths1 parking1,100 ft²$1,140/mo condo feeListed 45 days ago

Overview

This 2-bedroom, 2-bathroom condo in Burlington is for sale offering roughly 1,100 sq ft of space. It has been on the market 45 days, fresher than the Burlington average of 60 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, property management, parking, 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, The 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®: W13814314
Property Type: Single Family
Zoning: RM5
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,140/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,565/yr
Listed: 45 days ago

Rooms

Main level

Living room: 3.33 x 6.51 meters
Dining room: 2.54 x 3.36 meters
Kitchen: 2.26 x 4.16 meters
Primary Bedroom: 3.26 x 6.41 meters
Foyer: 4.77 x 1.49 meters
Other: 2.61 x 1.48 meters
Laundry room: 1.9 x 0.98 meters
Bathroom: 1.7 x 2.56 meters
Bathroom: 1.7 x 1.74 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
Foundation: Poured Concrete
Exterior: Brick, Aluminum siding
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

45d

Burlington (Brant) listings, avg age

60d

Price / ft²

$359

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.

Haho

This 2-bed single family in Burlington (Brant) has been listed for 45 days, which is 15 days fresher than the city average of 60. Act while there is still low competition.

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Listed by RE/MAX ESCARPMENT REALTY INC. · JOEY ZURINI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

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· $359/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