370 Martha Street Unit 1805, Burlington

Price: $599,900

2 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: W12500774

Stunning 1 Bed + Den suite at the highly sought-after Nautique in Burlington's vibrant waterfront core! This ultra-modern unit features an oversized balcony spanning the entire width of the suite, offering panoramic south-facing views of Lake Ontario, perfect for enjoying spectacular sunrises and sunsets. The open-concept layout includes pocket doors, a sleek kitchen with built-in appliances, pantry, and ensuite laundry in the primary bedroom. The spacious primary suite features double closets and a spa-like ensuite bath. The den is ideal as a home office or guest space, and there's ample closet space throughout for all your storage needs. Enjoy resort-style amenities in one of Burlington's most iconic waterfront buildings, just steps to the lake, parks, dining, shops, and transit.

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$599,900 - 370 Martha Street Unit 1805, Burlington

Condo for Sale in Burlington

66 days on market
2Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
W12500774
Property Type
Condo
Status
active
Days on Site
66
Bedrooms
2
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Burlington
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Description

Stunning 1 Bed + Den suite at the highly sought-after Nautique in Burlington's vibrant waterfront core! This ultra-modern unit features an oversized balcony spanning the entire width of the suite, offering panoramic south-facing views of Lake Ontario, perfect for enjoying spectacular sunrises and sunsets. The open-concept layout includes pocket doors, a sleek kitchen with built-in appliances, pantry, and ensuite laundry in the primary bedroom. The spacious primary suite features double closets and a spa-like ensuite bath. The den is ideal as a home office or guest space, and there's ample closet space throughout for all your storage needs. Enjoy resort-style amenities in one of Burlington's most iconic waterfront buildings, just steps to the lake, parks, dining, shops, and transit.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,077.80/mo

Includes CMHC insurance ($16,737)

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5%10%50%

5-yr fixed avg.

Principal: $539,910Interest: $366,692
Mortgage Amount$556,647
Total Interest$366,692
Est. Property Tax$425/mo
Total Cost$923,339

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

370 Martha Street Unit 1805, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$325
Property Tax (est.)-$425
Insurance (est.)-$125
Net Cash Flow+$1,325

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 25+ years of GTA real estate experience

Premium Pricing

At $1200/sqft, this property is priced above the Burlington average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 66 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.

Efficient Living

At 500 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.

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 $2,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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