$650,000 - 1998 Ironstone Drive Unit 414, Burlington
Condo for Sale in Burlington
New — Listed 4 days ago- MLS Number
- W13238774
- Property Type
- Condo
- Status
- active
- Days on Site
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Burlington
- Locker
- Exclusive
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- SUTTON GROUP QUANTUM REALTY INC.
Welcome to Millcroft Place, where spacious condo living meets comfort, convenience, and beautiful south-facing views. Offering over 1,300 sq. ft. of well-designed living space, this bright and inviting residence has been loved and cared for by the original owner, with true pride of ownership felt throughout.From the moment you walk in, you'll appreciate the generous layout, oversized windows, and warm, welcoming feel. The open-concept living and dining area offers plenty of room to relax, entertain, or host family dinners, complete with a cozy fireplace and walkout to a large private balcony where you can enjoy peaceful south-facing views and an abundance of natural light.The kitchen is both functional and inviting, featuring ample cabinetry, tiled backsplash, stainless steel appliances, pantry storage, and a breakfast bar that makes everyday living easy. The full-sized dining area adds flexibility and space rarely found in today's condo market.The spacious primary bedroom is a true retreat with a large window, walk-in closet, and private ensuite with walk-in shower. A second bedroom provides excellent space for guests, a home office, or hobbies, while the main 4-piece bathroom and in-suite laundry add everyday convenience.This unit also includes underground parking and a private storage locker. Best of all, the condo fees include building insurance, common elements, central AC, heat, hydro, parking, and water - helping keep monthly costs simple, predictable, and easy to budget.Millcroft Place is a well-maintained and friendly building with great amenities including an exercise room, party room, workshop, indoor and outdoor seating areas, visitor parking, and a live-in superintendent.All of this in the heart of Uptown Burlington, just steps to shopping, dining, transit, parks, trails, and everyday essentials. Spacious, bright, and beautifully maintained - this is condo living done right.
Estimate your monthly payments for this property
Estimated Payment
$3,334.84/mo
Includes CMHC insurance ($18,135)
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.
1998 Ironstone Drive Unit 414, 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 30+ years of GTA real estate experience
Competitive Pricing
At $542/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 $2,708 (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.