$589,900 - 1940 Ironstone Drive Unit 227, Burlington
Condo for Sale in Burlington
New — Listed 3 days ago- MLS Number
- W12948864
- Property Type
- Condo
- Status
- active
- Days on Site
- 3
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Burlington
- Locker
- None
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- Rock Star Real Estate Inc., Brokerage
Welcome To The Ironstone In Burlington's Uptown Core - A Well-Managed, Geothermal Building Known For Its Strong Amenities And Efficient Living. Residents Enjoy 24/7 Concierge, Fitness Centre, Yoga Studio, Rooftop Terrace With BBQs, Party Room & Ample Visitor Parking. Condo Fees Cover The Majority Of Utilities - With Only Hydro And Internet Extra - Offering Simplified, Predictable Monthly Costs. A Defining Feature Of This Unit Is The Two Side-By-Side Underground Parking Spaces - A Rare Offering Within The Building And A Meaningful Advantage For Buyers Seeking Both Convenience And Long-Term Value. Positioned Steps To Restaurants, Groceries, Parks, Transit And Major Commuter Routes, This Location Continues To Be One Of Burlington's Most Practical And Connected Neighbourhoods. The Unit Itself Is A 2-Storey Loft With 1 Bed + Den And 1.5 Baths, Designed With Soaring 18-Ft Floor-To-Ceiling Windows That Bring Consistent Natural Light Into The Living Space. The Open-Concept Layout Is Anchored By An Upgraded Kitchen Featuring Full-Height Cabinetry, Granite Counters, Stainless Steel Appliances And A Clean, Modern Finish. A Private Terrace Extends The Living Space Outdoors, While The Upper-Level Primary Suite Overlooks The Main Floor And Includes His & Hers Closets & Full Ensuite. The Main-Level Den Provides Flexible Use For Work Or Additional Living Space. A Distinct Offering Within The Building - Combining Loft Design, Practical Features And A Highly Functional Layout In A Location That Continues To Perform.
Estimate your monthly payments for this property
Estimated Payment
$3,026.49/mo
Includes CMHC insurance ($16,458)
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 227, 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
Competitive Pricing
At $737/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.
Efficient Living
At 800 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.
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 $2,458 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.