320 Plains Road Unit 406, Burlington

Price: $499,000

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13112886

Corner Unit Low-rise 6 Storeys Condo Building with unobstructed, panoramic and Noise Free view, Luxurious Affinity Condo. 5+ yrs new Executive Condo apartment, Spacious Bedroom enough to accommodate home office, 695 Sqft., Modern Finishes. 9 Ft High Smooth Ceilings, High-End Water proof Vinyl Plank Flooring, Contemporary 12 X 24" Imported Porcelain Tile, Contemporary Kitchen W/Quartz Counter, Extended Height & Backsplash, Good Sized Balcony W/Spacious Corner Views . Entertain In Grand Party Room W/Games & Billiards Table, Visit Rooftop Patio W/Fire-Pit & Bbq, Gym & Separate Yoga Room. Alder-Shot Neighborhood , Transit, 5 minutes to Alder-Shot GO, Hwy 403, 407, QEW, IKEA, Shopping Plazas, Restaurants,1 Parking Spot #155 On Underground Level A & 1 Locker # 27 On the 4th Floor. Master BR and Living - unobstructed view.

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$499,000 - 320 Plains Road Unit 406, Burlington

Condo for Sale in Burlington

1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W13112886
Property Type
Condo
Status
active
Days on Site
30
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Burlington
Locker
Ensuite+Owned
Exposure
South East
Balcony
Open
Listing Brokerage
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Description

Corner Unit Low-rise 6 Storeys Condo Building with unobstructed, panoramic and Noise Free view, Luxurious Affinity Condo. 5+ yrs new Executive Condo apartment, Spacious Bedroom enough to accommodate home office, 695 Sqft., Modern Finishes. 9 Ft High Smooth Ceilings, High-End Water proof Vinyl Plank Flooring, Contemporary 12 X 24" Imported Porcelain Tile, Contemporary Kitchen W/Quartz Counter, Extended Height & Backsplash, Good Sized Balcony W/Spacious Corner Views . Entertain In Grand Party Room W/Games & Billiards Table, Visit Rooftop Patio W/Fire-Pit & Bbq, Gym & Separate Yoga Room. Alder-Shot Neighborhood , Transit, 5 minutes to Alder-Shot GO, Hwy 403, 407, QEW, IKEA, Shopping Plazas, Restaurants,1 Parking Spot #155 On Underground Level A & 1 Locker # 27 On the 4th Floor. Master BR and Living - unobstructed view.

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Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

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5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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

320 Plains Road Unit 406, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$953

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

Fair Market Value

At $832/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 30 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.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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.

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    320 Plains Road Unit 406, Burli… — $499,000 | Battaglia Team