1441 Elgin Street Unit 602, Burlington

Price: $2,549,900

3 bedrooms, 3 bathrooms

2,500 sq ft

Property Type: Condo

MLS#: W12803746

Perched above the city at the prestigious Saxony, this extraordinary 2,578 sqft. penthouse redefines what condominium living can feel like.Here, life unfolds with space, light, and effortless elegance. Ten-foot ceilings and expansive principal rooms create an immediate sense of calm and grandeur, while walls of windows draw in the ever-changing sky. As evening falls, step onto the 300 sqft. southwest-facing terrace and watch the sun melt into the horizon, city lights beginning to sparkle below, a glass of wine in hand. The nearly 28-ft great room was designed for both intimate evenings and unforgettable gatherings. A double-sided fireplace flickers between living and dining spaces, adding warmth and ambiance whether you're hosting a dinner party or enjoying a quiet night in. The open-concept kitchen, anchored by premium integrated appliances and generous prep space, becomes the heart of the home, where conversation flows as easily as the layout itself. The versatile 2+1bedroom design adapts beautifully to your lifestyle. The den is spacious enough to function as a true third bedroom, private office, or creative retreat. The primary suite is a serene sanctuary, complete with a w/i closet and spa-inspired ensuite designed for slow mornings and restorative evenings. A thoughtfully appointed second bedroom ensures guests or family feel equally at home. Custom closets and automated blinds throughout reflect a level of finish that is both refined and practical. Beyond the suite, three oversized parking spaces, including an EV charger, and a large private locker provide rare convenience and flexibility. Residents enjoy concierge services, a fitness studio, and a roof top lounge that extends your living space even further.Steps to the lake, the Burlington Performing Arts Centre, boutique shopping, and celebrated dining, this penthouse offers the privacy and scale of a home paired with the vibrancy of downtown living - a place where every day feels elevated. Luxury Certified

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active
New Listing
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$2,549,900 - 1441 Elgin Street Unit 602, Burlington

Condo for Sale in Burlington

New — Listed 6 days ago
3Beds
3Baths
2,500Sq Ft
Condo
Property Details
MLS Number
W12803746
Property Type
Condo
Status
active
Days on Site
6
Bedrooms
3
Bathrooms
3
Square Feet
2,500 sqft
Neighbourhood
Burlington
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Perched above the city at the prestigious Saxony, this extraordinary 2,578 sqft. penthouse redefines what condominium living can feel like.Here, life unfolds with space, light, and effortless elegance. Ten-foot ceilings and expansive principal rooms create an immediate sense of calm and grandeur, while walls of windows draw in the ever-changing sky. As evening falls, step onto the 300 sqft. southwest-facing terrace and watch the sun melt into the horizon, city lights beginning to sparkle below, a glass of wine in hand. The nearly 28-ft great room was designed for both intimate evenings and unforgettable gatherings. A double-sided fireplace flickers between living and dining spaces, adding warmth and ambiance whether you're hosting a dinner party or enjoying a quiet night in. The open-concept kitchen, anchored by premium integrated appliances and generous prep space, becomes the heart of the home, where conversation flows as easily as the layout itself. The versatile 2+1bedroom design adapts beautifully to your lifestyle. The den is spacious enough to function as a true third bedroom, private office, or creative retreat. The primary suite is a serene sanctuary, complete with a w/i closet and spa-inspired ensuite designed for slow mornings and restorative evenings. A thoughtfully appointed second bedroom ensures guests or family feel equally at home. Custom closets and automated blinds throughout reflect a level of finish that is both refined and practical. Beyond the suite, three oversized parking spaces, including an EV charger, and a large private locker provide rare convenience and flexibility. Residents enjoy concierge services, a fitness studio, and a roof top lounge that extends your living space even further.Steps to the lake, the Burlington Performing Arts Centre, boutique shopping, and celebrated dining, this penthouse offers the privacy and scale of a home paired with the vibrancy of downtown living - a place where every day feels elevated. Luxury Certified

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Estimated Payment

$11,279.07/mo

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5-yr fixed avg.

Principal: $2,039,920Interest: $1,343,800
Mortgage Amount$2,039,920
Total Interest$1,343,800
Est. Property Tax$1,806/mo
Total Cost$3,383,720

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

1441 Elgin Street Unit 602, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,960/mo
Range: $3,366 - $4,554
Cap Rate (ROI)
-0.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,960
Maintenance Fees-$1,625
Property Tax (est.)-$1,806
Insurance (est.)-$531
Net Cash Flow-$2

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $1020/sqft, this property is priced in line with current Burlington market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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.

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