$1,049,990 - 2007 James Street Unit 603, Burlington
Condo for Sale in Burlington
32 days on market- MLS Number
- W12677098
- Property Type
- Condo
- Status
- active
- Days on Site
- 32
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Burlington
- Locker
- Ensuite+Exclusive
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Experience elevated condo living at Gallery Condos, located in the heart of Burlington's vibrant downtown core, where luxury, lifestyle, and breathtaking lake views come together seamlessly. Spanning 1,064 sqft, this stunning residence offers panoramic waterfront vistas and a front-row seat to one of the city's most sought-after urban lifestyles-perfect for young professionals who want it all, just steps from their door. Inside, a modern and highly functional layout is flooded with natural light, complemented by upgraded wide-plank hardwood flooring throughout. The striking eat-in kitchen blends style and practicality with quartz countertops and backsplash, stainless steel appliances, deep pot-and-pan drawers, a pantry cabinet with efficient roll-out shelving, valance lighting, and a generous island with breakfast bar-ideal for hosting, working, or unwinding. Floor-to-ceiling windows in the spacious living area frame picturesque lake views and open to a private balcony with gas line for BBQ, creating an effortless indoor-outdoor connection. The primary suite is a true retreat, featuring floor-to-ceiling windows, a walk-in closet, and a spa-inspired ensuite with oversized vanity, deep soaker tub, and glass walk-in shower. A second bedroom with floor-to-ceiling windows offers flexibility for guests or a home office, complemented by a sleek four-piece main bath and convenient in-suite laundry. Parking and a storage locker are included. Residents enjoy an impressive collection of amenities including a contemporary lobby lounge, fully equipped fitness centre, co-working and meeting spaces, party and games rooms, media room, indoor lap pool, rooftop terrace with community BBQs, guest suites, concierge service, and a car wash. Set in an unbeatable lifestyle location, you're steps from exceptional dining, cafés, entertainment, waterfront parks and trails, daily essentials, transit, and quick highway access-urban living at its most refined.
Estimate your monthly payments for this property
Estimated Payment
$4,644.46/mo
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.
2007 James Street Unit 603, Burlington
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Rental income estimator & ROI calculator
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 $1050/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.
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 $4,375 (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.