370 Martha Street Unit 2204, Burlington

Price: $1,498,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13046448

Experience true waterfront living in a rare residence that feels like a home, offering full-sized spaces, refined design, and unobstructed lake views from your 42-ft wide continuous balcony at Nautique Residences. This exceptional 2-bedroom + den, 2-bathroom suite-one of only two of its kind-offers approximately 1,133 sq ft of well-designed interior space, seamlessly extended by a 262 sq ft terrace spanning the full 42-ft width of the unit. With walkouts from the living room, primary bedroom, and second bedroom, it creates a seamless indoor-outdoor lifestyle rarely found in condo living. Enhanced by a $6,700 upgrade, the balcony features composite decking and integrated after-dark lighting, ideal for both entertaining and everyday enjoyment. Floor-to-ceiling windows flood the home with natural light while framing panoramic lake views from the main living area and both bedrooms. The spacious layout accommodates full-sized furnishings and includes a versatile den, perfect for a home office or additional living space. The primary suite offers a large walk-in closet, a secondary closet, and a spa-inspired 5-piece ensuite. Designed for those seeking more than just a condo, this residence delivers the comfort of a traditional home with the ease of luxury, low-maintenance living. Approximately $20,000 in curated furnishings can be included, offering a turnkey opportunity. Enjoy resort-style amenities including a pool, fitness centre, yoga studio, fire pit lounge, and elegant entertaining spaces. Located in the sought-after Brant neighbourhood, just steps to the waterfront, parks, dining, festivals, and Burlington Beach. Includes 1 underground parking space, locker, and 24-hour concierge. A true waterfront home designed for the way you want to live.

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$1,498,000 - 370 Martha Street Unit 2204, Burlington

Condo for Sale in Burlington

47 days on market
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13046448
Property Type
Condo
Status
active
Days on Site
47
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Burlington
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
CITY REALTY POINT
Description

Experience true waterfront living in a rare residence that feels like a home, offering full-sized spaces, refined design, and unobstructed lake views from your 42-ft wide continuous balcony at Nautique Residences. This exceptional 2-bedroom + den, 2-bathroom suite-one of only two of its kind-offers approximately 1,133 sq ft of well-designed interior space, seamlessly extended by a 262 sq ft terrace spanning the full 42-ft width of the unit. With walkouts from the living room, primary bedroom, and second bedroom, it creates a seamless indoor-outdoor lifestyle rarely found in condo living. Enhanced by a $6,700 upgrade, the balcony features composite decking and integrated after-dark lighting, ideal for both entertaining and everyday enjoyment. Floor-to-ceiling windows flood the home with natural light while framing panoramic lake views from the main living area and both bedrooms. The spacious layout accommodates full-sized furnishings and includes a versatile den, perfect for a home office or additional living space. The primary suite offers a large walk-in closet, a secondary closet, and a spa-inspired 5-piece ensuite. Designed for those seeking more than just a condo, this residence delivers the comfort of a traditional home with the ease of luxury, low-maintenance living. Approximately $20,000 in curated furnishings can be included, offering a turnkey opportunity. Enjoy resort-style amenities including a pool, fitness centre, yoga studio, fire pit lounge, and elegant entertaining spaces. Located in the sought-after Brant neighbourhood, just steps to the waterfront, parks, dining, festivals, and Burlington Beach. Includes 1 underground parking space, locker, and 24-hour concierge. A true waterfront home designed for the way you want to live.

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Estimated Payment

$6,626.16/mo

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5-yr fixed avg.

Principal: $1,198,400Interest: $789,448
Mortgage Amount$1,198,400
Total Interest$789,448
Est. Property Tax$1,061/mo
Total Cost$1,987,848

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 2204, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
0.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$1,061
Insurance (est.)-$312
Net Cash Flow+$737

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

Premium Pricing

At $1498/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 47 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 $6,242 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    370 Martha Street Unit 2204… — $1,498,000 | Battaglia Team