$568,000 - 100 Burloak Drive Unit 2205, Burlington
Condo for Sale in Burlington
New — Listed 5 days ago- MLS Number
- W13233470
- Property Type
- Condo
- Status
- active
- Days on Site
- 5
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Burlington
- Locker
- Exclusive
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- Royal LePage Real Estate Services Ltd., Brokerage
Welcome to Hearthstone by the Lake, one of Burlington's most unique retirement communities, where the benefits of condominium ownership are combined with the convenience, security, and support of a vibrant retirement lifestyle. Updated & well maintained 2-bed, 2-bath suite, with parking & locker offers approximately 1,005 square feet of thoughtfully designed living space, complete with a peaceful & private view of mature trees & greenery. The bright, functional floor plan features an updated kitchen with quartz countertops, subway tile backsplash, stainless steel appliances, and a convenient pass-through to the dining and living areas. Spacious living room opens to a private balcony, creating the perfect spot to enjoy afternoon sun & tranquil views. The primary suite offers two double closets & a private ensuite bath, while a second bedroom, full guest bath, and in-suite Bosch laundry provide convenience & comfort. Beyond the suite itself, Hearthstone offers a lifestyle unlike any other. Residents enjoy the freedom and financial benefits of condominium ownership while gaining access to an exceptional range of services and amenities designed to support independent living. Additional monthly Club Membership / Basic Service fee ($1795.05 per month) includes dining credits, housekeeping, concierge services, 24/7 emergency nursing, emergency call system & handyman. Providing valuable peace of mind. Located steps from the shores of Lake Ontario and surrounded by beautifully maintained grounds. Amenities include the onsite restaurant, wellness centre, indoor pool, fitness centre, library & billiards lounge, concierge services & the converted Pig Whistle restaurant (now common space). Hearthstone by the Lake is a welcoming community designed to help residents live independently, stay connected, and age in place with confidence. View website for extensive information on Hearthstone By the Lake: https://hearthstoneburlington.ca/
Estimate your monthly payments for this property
Estimated Payment
$2,914.13/mo
Includes CMHC insurance ($15,847)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Burlington
Burlington is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Burlington
- •Convenient location in Burlington
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Burlington offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
100 Burloak Drive Unit 2205, Burlington
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $568/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Burlington's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Burlington Lifestyle
Burlington offers a balance of urban convenience and suburban tranquility. Growing families appreciate the newer schools and community feel. The GO Train provides reasonable Toronto access. Home values have appreciated steadily as families seek alternatives to Toronto's density and pricing.
Investment Perspective
Looking at this as an investment: Burlington properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,367 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.