399 Elizabeth Street Unit 412, Burlington

Price: $989,900

2 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W12970498

Welcome to Unit 412 at The Baxter, a prestigious building in Downtown Burlington. Just steps to the lake, Spencer Smith Park, shops, cafes & restaurants, enjoy the ultimate walkable lifestyle with everything at your doorstep. This rare 1,455 sq ft corner suite provides a bright, open-concept layout with expansive windows & laminate flooring. The living space flows seamlessly into a separate dining area & dedicated office, ideal for modern living. Enjoy two private balconies with beautiful lake views, perfect for morning coffee or evening unwind. The spacious primary retreat features a walk-in closet & ensuite, while a second bedroom & full bath offer flexibility for family or guests. Includes 2-car parking & a convenient 4th-floor locker. Residents enjoy access to a gym, party room, billiards room & rooftop terrace with BBQs. Experience Burlington lakeside at its finest.

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$989,900 - 399 Elizabeth Street Unit 412, Burlington

Condo for Sale in Burlington

2Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
W12970498
Property Type
Condo
Status
active
Days on Site
22
Bedrooms
2
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Burlington
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Description

Welcome to Unit 412 at The Baxter, a prestigious building in Downtown Burlington. Just steps to the lake, Spencer Smith Park, shops, cafes & restaurants, enjoy the ultimate walkable lifestyle with everything at your doorstep. This rare 1,455 sq ft corner suite provides a bright, open-concept layout with expansive windows & laminate flooring. The living space flows seamlessly into a separate dining area & dedicated office, ideal for modern living. Enjoy two private balconies with beautiful lake views, perfect for morning coffee or evening unwind. The spacious primary retreat features a walk-in closet & ensuite, while a second bedroom & full bath offer flexibility for family or guests. Includes 2-car parking & a convenient 4th-floor locker. Residents enjoy access to a gym, party room, billiards room & rooftop terrace with BBQs. Experience Burlington lakeside at its finest.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,078.70/mo

Includes CMHC insurance ($27,618)

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5-yr fixed avg.

Principal: $890,910Interest: $605,082
Mortgage Amount$918,528
Total Interest$605,082
Est. Property Tax$701/mo
Total Cost$1,523,610

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

399 Elizabeth Street Unit 412, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$910
Property Tax (est.)-$701
Insurance (est.)-$206
Net Cash Flow+$863

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 $707/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.

Market Position

At 22 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 $4,125 (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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