2120 Itabashi Way Unit 157, Burlington

Price: $885,000

3 bedrooms, 3 bathrooms

1,600 sqft

Property Type: Condo

MLS#: W12970762

Welcome to this beautifully upgraded bungaloft in Burlington's highly sought-after Tansley community, nestled within a quiet and well-maintained adult lifestyle enclave. Offering 3 bedrooms and 2.5 bathrooms, this thoughtfully designed home is perfect for downsizers seeking comfort, convenience, and low-maintenance living without compromising on space. The main level features a bright and inviting living area with rich maple hardwood flooring, complemented by elegant California ceilings that add a modern, refined touch. The upgraded kitchen features stainless steel appliances and maple cabinetry, offering both style and functionality. The kitchen peninsula overlooks the open-concept living and dining space, ideal for everyday living and entertaining. A spacious main floor primary suite offers ease of living, while the loft level provides additional flexibility with an extra bedroom and a bathroom, perfect for guests, a home office, or hobby space. Additional builder upgrades include an upgraded railing and banister, adding warmth and character throughout. Residents of this vibrant community enjoy access to the private clubhouse, featuring regular bingo nights, bridge, pool table, and a variety of card games, creating a welcoming social atmosphere. The clubhouse can also be reserved for private events. Located a quick walk from the Tansley Woods Recreation Centre, parks, trails, shopping, restaurants, and all major amenities. Enjoy the convenience of nearby grocery stores, medical services, and easy highway access, all within a peaceful, community oriented setting tailored to those seeking a relaxed and connected lifestyle. Don't miss this rare opportunity to enjoy refined, low maintenance living in one of Burlington's most desirable adult communities. Bell Fibe High Speed Internet & TV Service included in condo fee.

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$885,000 - 2120 Itabashi Way Unit 157, Burlington

Condo for Sale in Burlington

Popular Listing
3Beds
3Baths
1,600Sq Ft
Condo
Property Details
MLS Number
W12970762
Property Type
Condo
Status
active
Days on Site
8
Bedrooms
3
Bathrooms
3
Square Feet
1,600 sqft
Neighbourhood
Burlington
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Description

Welcome to this beautifully upgraded bungaloft in Burlington's highly sought-after Tansley community, nestled within a quiet and well-maintained adult lifestyle enclave. Offering 3 bedrooms and 2.5 bathrooms, this thoughtfully designed home is perfect for downsizers seeking comfort, convenience, and low-maintenance living without compromising on space. The main level features a bright and inviting living area with rich maple hardwood flooring, complemented by elegant California ceilings that add a modern, refined touch. The upgraded kitchen features stainless steel appliances and maple cabinetry, offering both style and functionality. The kitchen peninsula overlooks the open-concept living and dining space, ideal for everyday living and entertaining. A spacious main floor primary suite offers ease of living, while the loft level provides additional flexibility with an extra bedroom and a bathroom, perfect for guests, a home office, or hobby space. Additional builder upgrades include an upgraded railing and banister, adding warmth and character throughout. Residents of this vibrant community enjoy access to the private clubhouse, featuring regular bingo nights, bridge, pool table, and a variety of card games, creating a welcoming social atmosphere. The clubhouse can also be reserved for private events. Located a quick walk from the Tansley Woods Recreation Centre, parks, trails, shopping, restaurants, and all major amenities. Enjoy the convenience of nearby grocery stores, medical services, and easy highway access, all within a peaceful, community oriented setting tailored to those seeking a relaxed and connected lifestyle. Don't miss this rare opportunity to enjoy refined, low maintenance living in one of Burlington's most desirable adult communities. Bell Fibe High Speed Internet & TV Service included in condo fee.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,540.51/mo

Includes CMHC insurance ($24,692)

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5-yr fixed avg.

Principal: $796,500Interest: $540,961
Mortgage Amount$821,192
Total Interest$540,961
Est. Property Tax$627/mo
Total Cost$1,362,153

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

2120 Itabashi Way Unit 157, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$1,040
Property Tax (est.)-$627
Insurance (est.)-$184
Net Cash Flow+$1,389

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 30+ years of GTA real estate experience

Competitive Pricing

At $553/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.

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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $3,688 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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