3497 Upper Middle Drive Unit 108, Burlington

Price: $539,000

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13014466

Spacious corner apartment in the highly sought-after Chelsea building offering over 1200 sq ft of comfortable, well-planned living space. This 2 bedroom, 2 bathroom unit features a functional layout with excellent separation between rooms, ideal for both everyday living and entertaining. The kitchen offers ample cabinetry and workspace and flows seamlessly into the bright open-concept living and dining area with hardwood flooring and large windows that fill the space with natural light. The primary bedroom includes a private ensuite with separate tub and shower, while the second bedroom is generously sized with convenient access to its own bathroom. The enclosed den with French doors provides a versatile space for a home office, guest room or additional living area, with sliding doors leading to the balcony where you can enjoy beautiful sunset views. Ensuite laundry and a locker located on the same floor add everyday convenience. Ideally located within walking distance to parks, community center with library, shopping, restaurants and transit, with easy access to the QEW, 403 and 407.

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$539,000 - 3497 Upper Middle Drive Unit 108, Burlington

Condo for Sale in Burlington

Popular Listing
2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W13014466
Property Type
Condo
Status
active
Days on Site
14
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Burlington
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
RE/MAX ESCARPMENT GOLFI REALTY INC.
Description

Spacious corner apartment in the highly sought-after Chelsea building offering over 1200 sq ft of comfortable, well-planned living space. This 2 bedroom, 2 bathroom unit features a functional layout with excellent separation between rooms, ideal for both everyday living and entertaining. The kitchen offers ample cabinetry and workspace and flows seamlessly into the bright open-concept living and dining area with hardwood flooring and large windows that fill the space with natural light. The primary bedroom includes a private ensuite with separate tub and shower, while the second bedroom is generously sized with convenient access to its own bathroom. The enclosed den with French doors provides a versatile space for a home office, guest room or additional living area, with sliding doors leading to the balcony where you can enjoy beautiful sunset views. Ensuite laundry and a locker located on the same floor add everyday convenience. Ideally located within walking distance to parks, community center with library, shopping, restaurants and transit, with easy access to the QEW, 403 and 407.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,765.35/mo

Includes CMHC insurance ($15,038)

$
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5-yr fixed avg.

Principal: $485,100Interest: $329,467
Mortgage Amount$500,138
Total Interest$329,467
Est. Property Tax$382/mo
Total Cost$829,605

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

3497 Upper Middle Drive Unit 108, 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)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$382
Insurance (est.)-$112
Net Cash Flow+$1,246

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 $449/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.

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 $2,246 (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.

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