$399,900

$435,000For salePrice drop↓ $35,100 (8%)

#508 5220 DUNDAS Street, Burlington - Single Family for Sale

#508 5220 DUNDAS Street, Burlington, Ontario, L7L0J4

2 beds2 baths1 parking637 ft²$517/mo condo feeListed 130 days ago

Overview

This 2-bedroom, 2-bathroom condo in Burlington is for sale offering roughly 637 sq ft of space. Listed at $399,900, it is attractively priced about 38% below the $649,000 median asking price in Burlington.

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Description

Welcome to this 2-bedroom, 2 full bathroom condo in a fantastic location close to all amenities, including shopping, dining, transit, and parks. This bright and spacious unit offers a functional layout perfect for professionals, downsizers, or investors.The modern kitchen features quartz countertops and ample cabinetry, flowing into the open-concept living and dining area. Enjoy your morning coffee or unwind in the evening on the private balcony overlooking the peaceful courtyard. Features include in-suite laundry for added convenience and a primary suite with its own 4 piece bathroom. A perfect blend of comfort, style, and location — don’t miss this opportunity! No Representations or Warranties are made of any kind. Rental equipment, parking fees, and other fees are unknown. (id:66096)

Property Details

MLS®: 40842812
Property Type: Single Family
Zoning: GE1
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 637 ft²
Year Built: 2017
Storeys: 1
Style: Other
Basement: None
Heating: Forced air, Natural gas
Cooling: None
Garage: Underground, Visitor Parking
Condo Fee: $517/mo
Fee Includes: Landscaping, Insurance, Parking
Ownership

Rooms

Main level

Laundry room: 3'2'' x 6'5''
4pc Bathroom: 4'9'' x 8'7''
Bedroom: 8'6'' x 10'5''
Primary Bedroom: 8'7'' x 13'1''
Living room: 9'1'' x 13'2''
3pc Bathroom: 5'0'' x 7'10''
Eat in kitchen: 10'0'' x 9'6''

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Exterior: Concrete, Stucco, Metal
Lot Features: Balcony, Paved driveway

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

130d

Burlington listings, avg age

59d

Price / ft²

$628

List price

$400K

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 is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by Royal LePage State Realty Inc. · Diana Gallacher

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7L)

This home lists at $399,900, about 3.3× the local median household income of $122,000.

Carrying it typically needs a household income of about $78,114 (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)

$399,900· $628/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$227/mo

Condo fee$517/mo

Total monthly$2,850

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$4,474

Est. closing costs$3,700

Total cash needed$28,169

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