$599,900

$624,900For salePrice drop↓ $25,000 (4%)

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#702 500 BROCK Avenue, Burlington - Single Family for Sale

#702 500 BROCK Avenue, Burlington, Ontario, L7S0A5

2 beds2 baths parking

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Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

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Listed by RE/MAX ESCARPMENT REALTY INC.

#12 2069 Meadowbrook Road, Burlington (Mountainside), Ontario, L7P2A3

For saleJust listed

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$600K

#12 2069 Meadowbrook Road, Burlington (Mountainside), Ontario, L7P2A3

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#1402 2093 FAIRVIEW Street, Burlington, Ontario, L7R0E6

For saleJust listed

Today

$620K

#1402 2093 FAIRVIEW Street, Burlington, Ontario, L7R0E6

2 bd2 ba1 pk809 ft²+$799/mo

Listed by Royal LePage Burloak Real Estate Services

Investment analysis

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$599,900

Burlington

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$740/mo condo fee

Overview

This 2-bedroom, 2-bathroom condo in Burlington is for sale offering roughly 774 sq ft of space. Listed at $599,900, it is attractively priced about 8% below the $649,000 median asking price in Burlington.

Condos for Sale in Burlington →All real estate in Burlington →

Description

Luxury living in this 2 bedroom condo with upgraded finishes throughout. Floor to ceiling windows provides unobstructed views of the city and Escarpment. Quartz counters with water fall finish on the island. Stainless appliances. 3 pce main bath and 4 pce ensuite. Corner unit. 1 minute walk to the lake, 5 minutes to downtown. Several amenities in the building including party room, Gym, roof top garden. (id:66096)

Property Details

MLS®: 40854971
Property Type: Single Family
Zoning: DRH-425, DRH-476
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 774 ft²
Storeys: 1
Style: Other
Basement: None
Heating: Forced air
Cooling: Central air conditioning
Garage: Underground, None
Condo Fee: $740/mo
Ownership: Condo/Strata
Property Tax: $3,031.37/yr
Listed: 87 days ago

Rooms

Main level

3pc Bathroom: 4'11'' x 8'5''
4pc Bathroom: 4'11'' x 8'4''
Bedroom: 8'11'' x 11'5''
Primary Bedroom: 8'7'' x 13'3''
Kitchen: 12'0'' x 13'1''
Living room: 10'4'' x 14'5''

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 Built-in
Exterior: Metal
Lot Features: Corner Site, Balcony, Automatic Garage Door Opener

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

87d

Burlington listings, avg age

58d

Price / ft²

$775

List price

$600K

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 RE/MAX Real Estate Centre Inc. · Rick Pascall

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7S)

This home lists at $599,900, about 7.8× the local median household income of $77,000.

Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 52% 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)

$599,900· $775/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,990

Min 5.83%50%

Mortgage payment$3,132/mo

↳ CMHC premium ($22,596 capitalized)

Property tax (est.)$253/mo

Condo fee$740/mo

Total monthly$4,124

Cash Needed to Close

Down payment (5.83%)$34,990

Land transfer tax$8,473

Est. closing costs$4,300

Total cash needed$47,763

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice