$669,000

$695,000For salePrice drop↓ $26,000 (4%)

#B404 216 West PLAINS Road, Burlington - Single Family for Sale

#B404 216 West PLAINS Road, Burlington, Ontario, L7T4K8

2 beds2 baths1 parking1,221 ft²$663/mo condo feeListed 28 days ago

Overview

This 2-bedroom, 2-bathroom condo in Burlington is for sale offering roughly 1,221 sq ft of space. Its $669,000 asking price sits right in line with the $649,000 median in Burlington. It has been on the market 28 days, fresher than the Burlington average of 59 days.

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Description

Welcome Home to this incredible community at 216 Plains Road West. This spacious, move-in-ready condo offers 2 generously sized bedrooms and 2 updated bathrooms. From the moment you step inside, you’ll appreciate the warm and inviting feel of this thoughtfully maintained condo apartment. Unit B404 has been meticulously cared for and features newer carpeting throughout (2020), an updated kitchen (2018), and a bright, comfortable layout perfect for everyday living. Step outside onto the east-facing balcony, where you can soak up the morning sunshine while enjoying your coffee or taking in the peaceful surroundings. Building B is one of six well-maintained, four-storey buildings within this welcoming complex. Residents also have access to a fantastic clubhouse, complete with a full kitchen and plenty of space to host larger dinners, family gatherings, celebrations, or social events. With underground parking, and located within walking distance to all sorts of amenities, this lovely condo is going to feel like HOME. (id:66096)

Property Details

MLS®: 40869523
Property Type: Single Family
Zoning: RH4-164
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,221 ft²
Year Built: 1998
Storeys: 4
Style: Other
Basement: None
Heating: Forced air
Cooling: Central air conditioning
Garage: Underground, Covered
Fireplace: Yes
Condo Fee: $663/mo
Fee Includes

Rooms

Main level

Dining room: 13'1'' x 7'2''
4pc Ensuite bath: 10'8'' x 5'2''
3pc Bathroom: 8'3'' x 7'7''
Living room: 17'5'' x 14'9''
Utility room: 6'2'' x 6'7''
Primary Bedroom: 15'8'' x 19'4''
Bedroom: 13'4'' x 14'9''
Kitchen: 8'0'' x 11'7''

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: Brick, Stone
Lot Features: Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

Burlington listings, avg age

59d

Price / ft²

$548

List price

$669K

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 has been listed for 28 days, which is 31 days fresher than the city average of 59. Act while there is still low competition.

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Listed by RE/MAX Escarpment Realty Inc. · Evan Boyle

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7T)

This home lists at $669,000, about 7.2× the local median household income of $93,000.

Carrying it typically needs a household income of about $130,679 (20% down, 25-yr amortization, stress-tested) — roughly 41% above the area median.

Median household income: $93,000
Population: 18,555
Median age: 48.8
Owner / renter: 61% / 39%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L7T)

$669,000· $548/ft²

For sale

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Full Cost Breakdown

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Down Payment6.26% · $41,900

Min 6.26%50%

Mortgage payment$3,477/mo

↳ CMHC premium ($25,084 capitalized)

Property tax (est.)$266/mo

Condo fee$663/mo

Total monthly$4,405

Cash Needed to Close

Down payment (6.26%)$41,900

Land transfer tax$9,855

Est. closing costs$4,507

Total cash needed$56,262

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