$435,000

For sale

#D422 5220 DUNDAS Street, Burlington (Orchard) - Single Family for Sale

#D422 5220 DUNDAS Street, Burlington (Orchard), Ontario, L7L0J4

2 beds2 baths1 parking650 ft²$518/mo condo feeListed 42 days ago

Overview

This 2-bedroom, 2-bathroom condo in Burlington is for sale offering roughly 650 sq ft of space. Listed at $435,000, it is attractively priced about 27% below the $599,000 median asking price in Burlington. It has been on the market 42 days, fresher than the Burlington average of 50 days.

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Description

Welcome to easy condo living in Burlington's Orchard community. This smartly designed 2-bedroom, 2-bath layout offers modern finishes, 9ft ceilings, in-suite laundry, and a balcony with sunset views of the escarpment. Ideal for first-time buyers, young professionals, or investors looking for a low-maintenance lifestyle close to parks, shopping, and transit. Enjoy exceptional building amenities including a gym, sauna, plunge pools, party room, games room with billiards table, and outdoor courtyard. This unit also comes with underground parking for added convenience. Located near top-rated schools and just minutes from Bronte creek and all amenities, this is the perfect place to call home in one of Burlington's most desirable neighbourhoods. (id:66096)

Property Details

MLS®: W13819886
Property Type: Single Family
Zoning: R
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $518/mo
Fee Includes: Common Area Maintenance, Heat, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,759/yr
Listed: 42 days ago

Rooms

Main level

Kitchen: 3 x 3.05 meters
Living room: 4.19 x 2.85 meters
Primary Bedroom: 3.56 x 2.95 meters
Bathroom: 1.57 x 2.34 meters
Bedroom: 2.57 x 2.24 meters
Bathroom: 1.5 x 2.49 meters
Laundry room: 1.98 x 0.86 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, Window Coverings
Exterior: Concrete, Stucco
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

42d

Burlington (Orchard) listings, avg age

50d

Price / ft²

$670

List price

$435K

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 (Orchard) has been listed for 42 days, which is 8 days fresher than the city average of 50. Act while there is still low competition.

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Listed by SUTTON GROUP - SUMMIT REALTY INC. · DOUGLAS A PEMBERTON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7L)

This home lists at $435,000, about 3.6× the local median household income of $122,000.

Carrying it typically needs a household income of about $84,971 (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)

$435,000· $670/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,750

Min 5%50%

Mortgage payment$2,291/mo

↳ CMHC premium ($16,530 capitalized)

Property tax (est.)$230/mo

Condo fee$518/mo

Total monthly$3,039

Cash Needed to Close

Down payment (5%)$21,750

Land transfer tax$5,175

Est. closing costs$3,805

Total cash needed$30,730

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