$999,800

For sale

#407 1441 Elgin Street, Burlington (Brant) - Single Family for Sale

#407 1441 Elgin Street, Burlington (Brant), Ontario, L7S1E6

2 beds2 baths2 parking1,100 ft²$1,049/mo condo feeListed 21 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 21 days, fresher than the Burlington average of 60 days.

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Description

Enjoy carefree luxury living at The Saxony, a sought-after six-storey condominium in the heart of downtown Burlington. This beautifully maintained 1058 square feet suite offers one bedroom plus den, two bathrooms, 9-foot ceilings and an open-concept layout ideal for everyday living and entertaining. Quality finishes include plank hardwood flooring, quartz countertops, and Miele appliances. The primary suite features a walk-in closet and spa-inspired ensuite, while a balcony showcases views of the Niagara Escarpment. Step outside to enjoy boutique shopping, restaurants, transit, Spencer Smith Park, lakefront trails, the Performing Arts Centre, Art Gallery and Joseph Brant Hospital, all just moments away. Two parking spaces, including an accessible space with an electric vehicle charger, and a locker for additional storage adds exceptional convenience to this exclusive downtown lifestyle. Make your move now. (id:66096)

Property Details

MLS®: W14032484
Property Type: Single Family
Zoning: DC-481
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 2
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,049/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,924/yr
Listed: 21 days ago

Rooms

Main level

Kitchen: 3.81 x 2.59 meters
Living room: 5.78 x 4.27 meters
Den: 2.74 x 2.01 meters
Bathroom
Primary Bedroom: 4.34 x 4.28 meters
Bathroom

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, Garage door opener, Garage door opener remote(s)
Foundation: Poured Concrete
Exterior: Stone
Lot Features: Wheelchair access, Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Burlington (Brant) listings, avg age

60d

Price / ft²

$909

List price

$1000K

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 21 days, which is 39 days fresher than the city average of 60. Act while there is still low competition.

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Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES · BARBARA BEERS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7S)

This home lists at $999,800, about 13.0× the local median household income of $77,000.

Carrying it typically needs a household income of about $195,296 (20% down, 25-yr amortization, stress-tested) — roughly 154% above 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)

$999,800· $909/ft²

For sale

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Full Cost Breakdown

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Down Payment7.50% · $74,980

Min 7.50%50%

Mortgage payment$5,127/mo

↳ CMHC premium ($36,993 capitalized)

Property tax (est.)$410/mo

Condo fee$1,049/mo

Total monthly$6,586

Cash Needed to Close

Down payment (7.50%)$74,980

Land transfer tax$16,471

Est. closing costs$5,499

Total cash needed$96,950

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