$585,000

For sale

#310B 5240 DUNDAS Street, Burlington - Single Family for Sale

#310B 5240 DUNDAS Street, Burlington, Ontario, L7L0J6

2 beds2 baths2 parking790 ft²$604/mo condo feeListed 51 days ago

Overview

This 2-bedroom, 2-bathroom condo in Burlington is for sale offering roughly 790 sq ft of space. Listed at $585,000, it is attractively priced about 10% below the $649,000 median asking price in Burlington. It has been on the market 51 days, fresher than the Burlington average of 59 days.

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Description

2 BEDS + 2 BATHS + 2 PARKING! Rare ravine-facing corner unit offering exceptional privacy, creek access and two private balconies overlooking the natural surroundings. Move-in ready and freshly painted throughout, with updated flooring (2026), quartz countertops, modern finishes and in-suite laundry. Bright, stylish and beautifully maintained with the added bonus of TWO underground parking spaces. Enjoy building amenities including an exercise room, party room and sauna. Fantastic location close to trails, Bronte Creek Provincial Park, shopping, schools and the 407. A unique opportunity offering modern condo living, incredible privacy and a setting that's hard to find! (id:66096)

Property Details

MLS®: 40863923
Property Type: Single Family
Zoning: RO4-453
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 790 ft²
Year Built: 2018
Storeys: 1
Style: Other
Basement: None
Heating: Forced air
Cooling: Central air conditioning
Garage: Underground, Visitor Parking
Condo Fee: $604/mo
Fee Includes: Heat, Insurance, Parking
Ownership

Rooms

Main level

4pc Ensuite bath
Primary Bedroom: 9'0'' x 8'11''
4pc Bathroom
Bedroom: 9'9'' x 9'6''
Kitchen: 10'4'' x 25'8''

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
Exterior: Concrete, Brick
Lot Features: Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

51d

Burlington listings, avg age

59d

Price / ft²

$741

List price

$585K

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 has been listed for 51 days, which is 8 days fresher than the city average of 59. Act while there is still low competition.

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Listed by RE/MAX Escarpment Realty Inc. · Andrea Florian

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7L)

This home lists at $585,000, about 4.8× the local median household income of $122,000.

Carrying it typically needs a household income of about $114,271 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $122,000
Population: 47,433
Median age: 42.4
Owner / renter: 84% / 16%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L7L)

$585,000· $741/ft²

For sale

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Full Cost Breakdown

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Down Payment5.73% · $33,500

Min 5.73%50%

Mortgage payment$3,058/mo

↳ CMHC premium ($22,060 capitalized)

Property tax (est.)$322/mo

Condo fee$604/mo

Total monthly$3,983

Cash Needed to Close

Down payment (5.73%)$33,500

Land transfer tax$8,175

Est. closing costs$4,255

Total cash needed$45,930

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