$1,555,555 - 370 Martha Street Unit 2204, Burlington
Condo for Sale in Burlington
136 days on market- MLS Number
- W12662384
- Property Type
- Condo
- Status
- active
- Days on Site
- 136
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Burlington
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RE/MAX ABOUTOWNE REALTY CORP.
Welcome to modern lakefront living at the Nautique Residences. From the moment you open the door, the unparalleled views afforded by the floor-to-ceiling windows will take your breath away in this stunning suite that features 2 bedrooms plus a den and 2 full bathrooms. This premier unit (one of only 2 units) boasts approximately 1,133 sq ft of luxurious and sophisticated interior living space as well as 262 sq ft of exceptional outdoor space with a 42 ft wide continuous terrace that spans the width of the unit and delivers jaw dropping unobstructed lake views accessible from both bedrooms as well as the main living space. The primary bedroom boasts a large walk-in-closet and a spa inspired sumptuous 5-piece ensuite. This well appointed rare suite is drenched in natural light and is sure to impress. The 4th floor amenities include an outdoor dining area, fire pit lounge, indoor/outdoor yoga studio, fully equipped fitness centre, outdoor swimming pool, indoor/outdoor bar to gather with friends and family and truly enjoy all that downtown Burlington's vibrant waterfront has to offer. 1 underground parking space and a locker are included, plus a 24-hour concierge, so you'll always feel secure. Nestled in the heart of downtown Burlington, this suite is walking distance to the Burlington Pier, Spencer Smith Park, and an eclectic selection of cafes, spas, restaurants, and shops. This dynamic and lively community is alive with festivals and events offering a truly unique and immersive experience. Whether you enjoy waking up to stunning views, ending your day with magnificent sunsets or both, this is it. Discover why 370 Martha St is one of downtown Burlington's most coveted locations.
Estimate your monthly payments for this property
Estimated Payment
$6,880.74/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.
370 Martha Street Unit 2204, 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
Premium Pricing
At $1296/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 136 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $6,481 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.