$679,000 - 399 Elizabeth Street Unit 506, Burlington
Condo for Sale in Burlington
Popular Listing- MLS Number
- W13014456
- Property Type
- Condo
- Status
- active
- Days on Site
- 14
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- Burlington
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- KELLER WILLIAMS EDGE REALTY
Location, location. Welcome to The Baxter, one of downtown Burlington's most desirable condo residences, where everything you need is right at your doorstep; restaurants, boutique shopping, grocery stores, the lakefront, Spencer Smith Park, and scenic walking and biking trails. This spacious and beautifully updated one-bed, one-bath suite on the fifth floor offers approximately 871 sq. ft. of thoughtfully designed living space. The unit has been tastefully renovated with a custom kitchen featuring soft-close cabinetry, Caesarstone countertops, pot drawers, and custom millwork, complemented by new flooring and updated lighting throughout. A large north-facing balcony extends your living space outdoors and overlooks The Village Square.Additional highlights include ensuite laundry, an oversized storage locker conveniently located just across the hall, and secure underground parking. Residents enjoy recently renovated common areas, concierge service, and exceptional value with all-inclusive maintenance fees covering heat, hydro, water, parking, locker, and - as of June 1 - high-speed internet and cable with streaming services. An ideal opportunity to enjoy a low-maintenance lifestyle in Burlington's vibrant and ever-growing downtown core.
Estimate your monthly payments for this property
Estimated Payment
$3,483.62/mo
Includes CMHC insurance ($18,944)
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.
399 Elizabeth Street Unit 506, 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 $849/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.
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 800 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 $2,829 (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.