$569,900

For sale

#615 551 Maple Avenue, Burlington (Brant) - Single Family for Sale

#615 551 Maple Avenue, Burlington (Brant), Ontario, L7S1M7

1 bed1 bath1 parking750 ft²$733/mo condo feeListed 34 days ago

Overview

This 1-bedroom, 1-bathroom condo in Burlington is for sale offering roughly 750 sq ft of space. Listed at $569,900, it is attractively priced about 27% below the $779,000 median asking price in Burlington. It has been on the market 34 days, fresher than the Burlington average of 60 days.

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Description

Lovely 1 bedroom unit in the highly sought after Strata Condominium offering 770 square feet of living space. Open layout with floor to ceiling windows. Beautiful laminate flooring throughout.The kitchen boasts stainless steel appliances, granite counters, tiled backsplash, pot lights, and breakfast bar.Spacious bedroom with large walk-in closet.There is a 4 piece bath and in suite laundry.1 locker (L2 #82) and 1 underground parking space (B62).Strata offers many great amenities including 24 hour security/concierge, indoor pool/spa, games room, gym, rooftop patio & BBQs, steam room, party room & guest suite available. Easy highway access, close to public transit, walking distance toLake Ontario, Downtown Burlington, Mapleview Mall, restaurants and grocery stores (id:66096)

Property Details

MLS®: W13852760
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Geo Thermal
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $733/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,513/yr
Listed: 34 days ago

Rooms

Main level

Dining room: 3.2 x 2.07 meters
Kitchen: 3.03 x 2.45 meters
Living room: 4.52 x 3.2 meters
Primary Bedroom: 4.46 x 2.97 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, Blinds, Garage door opener remote(s)
Exterior: Brick, Stone
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Burlington (Brant) listings, avg age

60d

Price / ft²

$760

List price

$570K

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 1-bed single family in Burlington (Brant) has been listed for 34 days, which is 26 days fresher than the city average of 60. Act while there is still low competition.

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · JACK OUELLETTE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7S)

This home lists at $569,900, about 7.4× the local median household income of $77,000.

Carrying it typically needs a household income of about $111,321 (20% down, 25-yr amortization, stress-tested) — roughly 45% 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)

$569,900· $760/ft²

For sale

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Full Cost Breakdown

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Down Payment5.61% · $31,990

Min 5.61%50%

Mortgage payment$2,982/mo

↳ CMHC premium ($21,516 capitalized)

Property tax (est.)$293/mo

Condo fee$733/mo

Total monthly$4,008

Cash Needed to Close

Down payment (5.61%)$31,990

Land transfer tax$7,873

Est. closing costs$4,210

Total cash needed$44,073

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