1940 Ironstone Drive Unit 808, Burlington

Price: $445,000

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: W13102474

Bright and beautifully maintained 1 bed + den, 1.5 bath condo in a highly convenient Burlington location. This 661 sq ft suite features floor-to-ceiling windows, laminate flooring throughout, and unobstructed Niagara Escarpment views. Open-concept kitchen with maple cabinetry, subway tile backsplash, track lighting, and centre island with breakfast bar. Spacious living area with walk-out to private balcony with glass railings and wood-look tile decking. Primary bedroom offers balcony access, feature accent wall, double closets, and semi-ensuite access to 4-piece bath with espresso vanity. Versatile den ideal for office or flex space. Includes 2-piece powder room, in-suite laundry, and 1 underground parking space. Exceptional building amenities include ample visitor parking, gym, yoga studio, billiards lounge, games room, party room, and landscaped outdoor terrace with BBQs and pergolas. Steps to Metro, cafes, restaurants, transit, and quick access to QEW, 407, and Appleby GO.

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$445,000 - 1940 Ironstone Drive Unit 808, Burlington

Condo for Sale in Burlington

2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
W13102474
Property Type
Condo
Status
active
Days on Site
17
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Burlington
Locker
None
Exposure
North West
Balcony
Open
Listing Brokerage
RE/MAX ABOUTOWNE REALTY CORP.
Description

Bright and beautifully maintained 1 bed + den, 1.5 bath condo in a highly convenient Burlington location. This 661 sq ft suite features floor-to-ceiling windows, laminate flooring throughout, and unobstructed Niagara Escarpment views. Open-concept kitchen with maple cabinetry, subway tile backsplash, track lighting, and centre island with breakfast bar. Spacious living area with walk-out to private balcony with glass railings and wood-look tile decking. Primary bedroom offers balcony access, feature accent wall, double closets, and semi-ensuite access to 4-piece bath with espresso vanity. Versatile den ideal for office or flex space. Includes 2-piece powder room, in-suite laundry, and 1 underground parking space. Exceptional building amenities include ample visitor parking, gym, yoga studio, billiards lounge, games room, party room, and landscaped outdoor terrace with BBQs and pergolas. Steps to Metro, cafes, restaurants, transit, and quick access to QEW, 407, and Appleby GO.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,283.08/mo

Includes CMHC insurance ($12,416)

$
$
5%10%50%

5-yr fixed avg.

Principal: $400,500Interest: $272,009
Mortgage Amount$412,916
Total Interest$272,009
Est. Property Tax$315/mo
Total Cost$684,924

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

1940 Ironstone Drive Unit 808, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$315
Insurance (est.)-$93
Net Cash Flow+$1,402

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 $742/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 17 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.

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