$499,000 - 1940 Ironstone Drive Unit 1006, Burlington
Condo for Sale in Burlington
32 days on market- MLS Number
- W12599450
- Property Type
- Condo
- Status
- active
- Days on Site
- 32
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Burlington
- Locker
- Owned
- Exposure
- South West
- Balcony
- Terrace
- Listing Brokerage
- RCB Realty Inc., Brokerage
Welcome to unit 1006 on 1940 Ironstone drive! Beautiful condominium located in one of the most desirable areas of Burlington! This condo features a 1 bedroom + den with abundant of storage. Kitchen has granite countertops, modern cabinets with a gorgeous 3/4.4 ft island all with warm tones that gives a homey and cozy feeling. Open concept kitchen, dining and living space with large windows that bring in ample of light! You also get 2 bathrooms (1 full + 1 half) and an in-suite laundry for lavish convenience. A balcony with breathtaking views of the city and clear views for all holiday fireworks! Also included 1 Locker and 1 parking space in the underground garage. Parking space is the closest to elevator and is extra spacious, great for accessibility.Inclusions with your fees, you can enjoy a nice workout with full use of the gym, yoga room or cardio room. On the lovely rooftop patio you can fire up the BBQ to have a cookout or cozy up to the fireplace during the cooler nights. You have the option to rent out the huge party room for up to 60 guests, great for birthdays, events or even family get togethers. Security officers, a concierge and many security features throughout the building that will make you feel safe and stress free in your home. Minutes to the QEW, 407 and go station. Walking distance to shopping, restaurants, amenities, etc. Move in ready! Don't miss this chance!
Estimate your monthly payments for this property
Estimated Payment
$2,560.13/mo
Includes CMHC insurance ($13,922)
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.
1940 Ironstone Drive Unit 1006, 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 25+ years of GTA real estate experience
Fair Market Value
At $832/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.
Market Position
At 32 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.
Efficient Living
At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.
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.