181 Plains Road Unit #40, Burlington

Price: $824,900

2 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W12996970

Stylish and chic end unit townhouse. The Bedford model by Dawn Victoria homes with 1432 SF, ideal for singles, young families, empty nesters, commuters and investors alike in the heart of Aldershot Village. First level foyer has inside entry to the garage. Second level features a spacious Kitchen, Living - Dining Room combination, 2 piece bathroom and walk out to a covered balcony. Third level has Master Bedroom with walk in closet, second Bedroom, main bathroom and laundry. $27,000 in upgrades which includes granite in kitchen and bathrooms, pot lights, upgraded cabinets and much more. Good flow makes this home better! Super efficient modern layout with graciously sized bedrooms. Play host to your peeps or have it all to yourself. Parking for 2 cars, one in the garage and one in the driveway. Mere minutes to 403, GO, shopping. dining, parks and Royal Botanical Gardens walking trails. The low Condo fee includes maintenance of roadway, visitor parking and Building Insurance. This turnkey property offers the perfect combination of style, comfort and location.

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active
New Listing
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$824,900 - 181 Plains Road Unit #40, Burlington

Condo for Sale in Burlington

New — Listed 2 days ago
2Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
W12996970
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Burlington
Locker
None
Exposure
North
Balcony
Enclosed
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Stylish and chic end unit townhouse. The Bedford model by Dawn Victoria homes with 1432 SF, ideal for singles, young families, empty nesters, commuters and investors alike in the heart of Aldershot Village. First level foyer has inside entry to the garage. Second level features a spacious Kitchen, Living - Dining Room combination, 2 piece bathroom and walk out to a covered balcony. Third level has Master Bedroom with walk in closet, second Bedroom, main bathroom and laundry. $27,000 in upgrades which includes granite in kitchen and bathrooms, pot lights, upgraded cabinets and much more. Good flow makes this home better! Super efficient modern layout with graciously sized bedrooms. Play host to your peeps or have it all to yourself. Parking for 2 cars, one in the garage and one in the driveway. Mere minutes to 403, GO, shopping. dining, parks and Royal Botanical Gardens walking trails. The low Condo fee includes maintenance of roadway, visitor parking and Building Insurance. This turnkey property offers the perfect combination of style, comfort and location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,232.16/mo

Includes CMHC insurance ($23,015)

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5%10%50%

5-yr fixed avg.

Principal: $742,410Interest: $504,225
Mortgage Amount$765,425
Total Interest$504,225
Est. Property Tax$584/mo
Total Cost$1,269,649

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

181 Plains Road Unit #40, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$910
Property Tax (est.)-$584
Insurance (est.)-$172
Net Cash Flow+$1,014

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 30+ years of GTA real estate experience

Competitive Pricing

At $589/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 $3,437 (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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