$1,049,900 - 360 Pearl Street Unit 804, Burlington
Condo for Sale in Burlington
106 days on market- MLS Number
- W12849368
- Property Type
- Condo
- Status
- active
- Days on Site
- 106
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Burlington
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Welcome to the highly sought-after 360 Pearl-a premier building in the heart of downtown Burlington with gorgeous lake and escarpment views in every direction. This beautifully updated 2-bed, 2-bath suite offers an open-concept layout, floor-to-ceiling windows, and 9 ft ceilings, creating a bright and sophisticated living space. The kitchen impresses with custom cabinetry, pot drawers and slide-out shelving, stainless steel appliances which include a gas stove, a generous island for entertaining, and granite countertops. The Great Room is wrapped in windows, showcasing lake views and providing a seamless walkout to your expansive wrap-around balcony. The primary suite offers its own balcony access, a spacious walk-in closet with built-in organizers, and a spa-inspired ensuite with a large glass shower and extended vanity. The second bedroom features stunning lake views and a custom Murphy bed-perfect for easily transitioning between a home office and guest space. A stylish 4-piece bathroom with granite finishes and convenient in-suite laundry complete the interior. This unit truly shines for those who love to entertain. The building offers exceptional amenities including a rooftop terrace with BBQs, state-of-the-art gym with a steam room, party room, games room, movie theatre, and 24-hour concierge/security. Walk to Burlington's best restaurants, boutique shops, Spencer Smith Park, and waterfront events. Includes 1 parking space (Level B #4) and 1 locker (Level B #57)
Estimate your monthly payments for this property
Estimated Payment
$4,644.06/mo
5-yr fixed avg.
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.
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
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.
360 Pearl Street Unit 804, Burlington
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1050/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.
Negotiation Opportunity
At 106 days on site, this property has exceeded the typical selling timeline for Burlington. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 $4,375 (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.