1272 Ontario Street Unit 404, Burlington

Price: $635,000

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W12972222

Welcome to elevated downtown living in the highly desirable Maples Building, perfectly situated in the heart of Burlington's vibrant core. This beautifully maintained 2-bedroom, 2-bathroom condo offers the ideal blend of comfort, convenience, and lifestyle. Set within a meticulously cared-for building, pride of ownership is evident from the moment you arrive. Step inside to discover a thoughtfully designed layout featuring spacious principal rooms and the added convenience of in-suite laundry. The highlight of this unit is the expansive south-facing balcony-an inviting space to unwind and take in the morning sunrise while enjoying fresh lakefront air. Located just steps from Lake Ontario, you'll find yourself immersed in one of Burlington's most sought-after communities. Enjoy easy access to Spencer Smith Park, the scenic Waterfront Trail, as well as an array of boutique shops, dining options, and cultural destinations like the Art Gallery of Burlington and the Burlington Performing Arts Centre. Nearby healthcare access adds further peace of mind with Joseph Brant Hospital just minutes away. Residents of the Maples Building also enjoy access to a top-floor party room and outdoor space, as well as a guest suite-perfect for hosting family and friends in comfort. Complete with underground parking, this is an exceptional opportunity to experience refined condo living in one of Burlington's most coveted downtown locations.

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$635,000 - 1272 Ontario Street Unit 404, Burlington

Condo for Sale in Burlington

2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W12972222
Property Type
Condo
Status
active
Days on Site
22
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Burlington
Locker
Exclusive
Exposure
South
Balcony
Juliette
Listing Brokerage
KELLER WILLIAMS COMPLETE REALTY
Description

Welcome to elevated downtown living in the highly desirable Maples Building, perfectly situated in the heart of Burlington's vibrant core. This beautifully maintained 2-bedroom, 2-bathroom condo offers the ideal blend of comfort, convenience, and lifestyle. Set within a meticulously cared-for building, pride of ownership is evident from the moment you arrive. Step inside to discover a thoughtfully designed layout featuring spacious principal rooms and the added convenience of in-suite laundry. The highlight of this unit is the expansive south-facing balcony-an inviting space to unwind and take in the morning sunrise while enjoying fresh lakefront air. Located just steps from Lake Ontario, you'll find yourself immersed in one of Burlington's most sought-after communities. Enjoy easy access to Spencer Smith Park, the scenic Waterfront Trail, as well as an array of boutique shops, dining options, and cultural destinations like the Art Gallery of Burlington and the Burlington Performing Arts Centre. Nearby healthcare access adds further peace of mind with Joseph Brant Hospital just minutes away. Residents of the Maples Building also enjoy access to a top-floor party room and outdoor space, as well as a guest suite-perfect for hosting family and friends in comfort. Complete with underground parking, this is an exceptional opportunity to experience refined condo living in one of Burlington's most coveted downtown locations.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,257.88/mo

Includes CMHC insurance ($17,717)

$
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5%10%50%

5-yr fixed avg.

Principal: $571,500Interest: $388,147
Mortgage Amount$589,217
Total Interest$388,147
Est. Property Tax$450/mo
Total Cost$977,364

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.

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Neighbourhood Guide: Burlington

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

M.M. Robinson High SchoolPublic High School
Nelson High SchoolPublic High School
Assumption Catholic Secondary SchoolCatholic High School
Corpus Christi Catholic Secondary SchoolCatholic High School

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.

70
Walk Score
Varies
Price Range

1272 Ontario Street Unit 404, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$450
Insurance (est.)-$132
Net Cash Flow+$1,158

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $529/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.

Market Position

At 22 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 $2,646 (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.

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