3115 New Street Unit 10, Burlington

Price: $775,000

2 bedrooms, 4 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13008112

Step inside this recently renovated townhome tucked away in a quiet, family-friendly enclave in Burlington. From the moment you arrive, the setting feels private and peaceful-perfectly positioned in a low-traffic community that offers comfort, safety and convenience.As you walk through the front door, you're welcomed into a bright and inviting main level where the layout flows effortlessly from space to space. The living room is warm and welcoming, anchored by a cozy fireplace, an ideal spot to unwind or gather with friends and family. Just beyond, the dining area connects seamlessly, creating an easy, functional flow for everyday living and entertaining. The spacious kitchen, fully renovated in 2021, is thoughtfully designed at the heart of the home, offering both practicality and connection to the main living areas with updated finishes.Upstairs, the home continues to impress with two generously sized bedrooms, each offering its own ensuite bathroom-an incredibly desirable feature that provides comfort and privacy. The primary suite feels like a true retreat, complete with a custom built-in wardrobe (2022), while the second bedroom is equally versatile-perfect for guests, family, or a home office. Updated laminate flooring (2021) and modernized vanities (2021) add a fresh, cohesive feel throughout.The fully finished basement (2023) adds even more living space-ideal for a recreation room, media lounge, or home gym. Recent updates including new stairs (2023) and main floor hardwood and tile flooring (2023) further enhance the home's appeal.Step outside to a beautifully refreshed backyard (2022), offering a private outdoor space perfect for relaxing or entertaining.Complete with parking, low-maintenance living, and a well-managed condo setting, this home offers an exceptional opportunity for first-time buyers, down sizers, or investors. Located close to parks, schools, shopping, and major routes, it delivers the perfect balance of lifestyle and location.

3115 New Street Unit 10 - Condo photo 1 of 35 in Burlington, Ontario
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$775,000 - 3115 New Street Unit 10, Burlington

Condo for Sale in Burlington

2Beds
4Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W13008112
Property Type
Condo
Status
active
Days on Site
15
Bedrooms
2
Bathrooms
4
Square Feet
1,200 sqft
Neighbourhood
Burlington
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Step inside this recently renovated townhome tucked away in a quiet, family-friendly enclave in Burlington. From the moment you arrive, the setting feels private and peaceful-perfectly positioned in a low-traffic community that offers comfort, safety and convenience.As you walk through the front door, you're welcomed into a bright and inviting main level where the layout flows effortlessly from space to space. The living room is warm and welcoming, anchored by a cozy fireplace, an ideal spot to unwind or gather with friends and family. Just beyond, the dining area connects seamlessly, creating an easy, functional flow for everyday living and entertaining. The spacious kitchen, fully renovated in 2021, is thoughtfully designed at the heart of the home, offering both practicality and connection to the main living areas with updated finishes.Upstairs, the home continues to impress with two generously sized bedrooms, each offering its own ensuite bathroom-an incredibly desirable feature that provides comfort and privacy. The primary suite feels like a true retreat, complete with a custom built-in wardrobe (2022), while the second bedroom is equally versatile-perfect for guests, family, or a home office. Updated laminate flooring (2021) and modernized vanities (2021) add a fresh, cohesive feel throughout.The fully finished basement (2023) adds even more living space-ideal for a recreation room, media lounge, or home gym. Recent updates including new stairs (2023) and main floor hardwood and tile flooring (2023) further enhance the home's appeal.Step outside to a beautifully refreshed backyard (2022), offering a private outdoor space perfect for relaxing or entertaining.Complete with parking, low-maintenance living, and a well-managed condo setting, this home offers an exceptional opportunity for first-time buyers, down sizers, or investors. Located close to parks, schools, shopping, and major routes, it delivers the perfect balance of lifestyle and location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,976.15/mo

Includes CMHC insurance ($21,623)

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5-yr fixed avg.

Principal: $697,500Interest: $473,723
Mortgage Amount$719,123
Total Interest$473,723
Est. Property Tax$549/mo
Total Cost$1,192,846

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

3115 New Street Unit 10, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$549
Insurance (est.)-$161
Net Cash Flow+$1,030

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 $646/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 15 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.

Bathroom Count Matters

With 4 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 $3,229 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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