$349,000

$370,000For salePrice drop↓ $21,000 (6%)

#408 4005 Kilmer Drive, Burlington (Tansley) - Single Family for Sale

#408 4005 Kilmer Drive, Burlington (Tansley), Ontario, L7M4M2

2 beds1 bath1 parking750 ft²$744/mo condo feeListed 27 days ago

Overview

This 2-bedroom, 1-bathroom condo in Burlington is for sale offering roughly 750 sq ft of space. Listed at $349,000, it is attractively priced about 27% below the $479,000 median asking price in Burlington. It has been on the market 27 days, fresher than the Burlington average of 39 days.

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Description

Welcome to this well-maintained 1-bedroom + den condo in the sought-after Tansley Gardens community of Burlington. Featuring soaring vaulted ceilings, this bright and inviting home offers an airy, spacious feel with an open-concept layout designed for comfortable everyday living. The kitchen features ample cabinetry and a convenient breakfast bar, overlooking the dining and living area. The spacious living room is enhanced by the vaulted ceiling and provides a wonderful space to relax or entertain. The versatile den is ideal as a home office, exercise room or additional living space. The generous bedroom offers excellent comfort and space, while the convenient in-suite laundry adds to the ease of living. You'll also appreciate the additional storage provided by two lockers-one conveniently located on the balcony and another in the common area. Enjoy all that Tansley Gardens has to offer, with shopping, restaurants, parks, trails and everyday amenities just moments away. Easy access to the QEW, 407 and GO Transit makes commuting a breeze. A wonderful opportunity for first-time buyers, downsizers or investor. Say YES the address! (id:66096)

Property Details

MLS®: W13876390
Property Type: Single Family
Zoning: RH4
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Condo Fee: $744/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,099/yr
Listed: 27 days ago

Rooms

Main level

Living room: 4.88 x 3.91 meters
Kitchen: 2.69 x 2.54 meters
Den: 2.59 x 2.41 meters
Bedroom: 3.35 x 3.05 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, Window Coverings
Exterior: Brick
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Burlington (Tansley) listings, avg age

39d

Price / ft²

$466

List price

$349K

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 (Tansley) has been listed for 27 days, which is 12 days fresher than the city average of 39. Act while there is still low competition.

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · NANCY FESTARINI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7M)

This home lists at $349,000, about 2.7× the local median household income of $131,000.

Carrying it typically needs a household income of about $68,172 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $131,000
Population: 48,498
Median age: 41.6
Owner / renter: 90% / 10%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L7M)

$349,000· $466/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,450

Min 5%50%

Mortgage payment$1,838/mo

↳ CMHC premium ($13,262 capitalized)

Property tax (est.)$175/mo

Condo fee$744/mo

Total monthly$2,757

Cash Needed to Close

Down payment (5%)$17,450

Land transfer tax$3,710

Est. closing costs$3,547

Total cash needed$24,707

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