2050 Upper Middle Road Unit 69, Burlington

Price: $549,900

3 bedrooms, 2 bathrooms

1,200 sq ft

Property Type: Condo

MLS#: W12675592

Perfect for first time buyers looking to get into the market or investors. Move right in and enjoy this charming open concept 3 bedroom townhome with a finished walk-out basement. Enter in from the quiet courtyard to the freshly painted main floor with a fantastic layout and large windows allowing for lots of natural light. Enjoy cooking in the upgraded kitchen with lots of cupboard and counter space. The upper level features a huge primary bedroom with ensuite privileges, the 2nd and 3rd bedrooms offer lots of space for the family or a work from home office. The fully finished basement is wide open for all your recreational needs and walks out to your fully fenced backyard that also backs onto a green space courtyard that's perfect for the kids to play. This unit also comes with 2 tandem underground parking spots. Conveniently located steps from shopping, schools, transit, parks and rec plus easy access to highways and more!

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$549,900 - 2050 Upper Middle Road Unit 69, Burlington

Condo for Sale in Burlington

32 days on market
3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W12675592
Property Type
Condo
Status
active
Days on Site
32
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Burlington
Locker
None
Exposure
South West
Balcony
None
Listing Brokerage
Century 21 Miller Real Estate Ltd.
Description

Perfect for first time buyers looking to get into the market or investors. Move right in and enjoy this charming open concept 3 bedroom townhome with a finished walk-out basement. Enter in from the quiet courtyard to the freshly painted main floor with a fantastic layout and large windows allowing for lots of natural light. Enjoy cooking in the upgraded kitchen with lots of cupboard and counter space. The upper level features a huge primary bedroom with ensuite privileges, the 2nd and 3rd bedrooms offer lots of space for the family or a work from home office. The fully finished basement is wide open for all your recreational needs and walks out to your fully fenced backyard that also backs onto a green space courtyard that's perfect for the kids to play. This unit also comes with 2 tandem underground parking spots. Conveniently located steps from shopping, schools, transit, parks and rec plus easy access to highways and more!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,821.27/mo

Includes CMHC insurance ($15,342)

$
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5%10%50%

5-yr fixed avg.

Principal: $494,910Interest: $336,129
Mortgage Amount$510,252
Total Interest$336,129
Est. Property Tax$390/mo
Total Cost$846,382

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

2050 Upper Middle Road Unit 69, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$390
Insurance (est.)-$115
Net Cash Flow+$1,635

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $458/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 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $2,291 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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