$679,900 - 4143 Palermo Common Unit 28, Burlington
Condo for Sale in Burlington
32 days on market- MLS Number
- W12519012
- Property Type
- Condo
- Status
- active
- Days on Site
- 32
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Burlington
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE REALTY PLUS
Welcome to this beautifully maintained, move-in-ready modern townhouse nestled in Burlington's highly coveted Shoreacres community. Offering a perfect balance of contemporary style, comfort, and everyday functionality, this home is ideal for discerning buyers seeking quality living in an exceptional neighbourhood. The main level features a bright, open-concept layout with a sleek modern kitchen showcasing stainless steel appliances, granite countertops, a large breakfast island, and ample cabinetry and storage - perfect for both casual family meals and stylish entertaining. The living space flows effortlessly to your private balcony, providing an inviting spot to enjoy your morning coffee or unwind in the evening. Upstairs, you'll find two generously sized bedrooms designed for comfort and relaxation. The home is complemented by three impeccably finished bathrooms adorned in elegant, modern designer tones. Every detail has been thoughtfully maintained to create a warm and welcoming atmosphere throughout. Situated within a well-managed condo community known for its friendly neighbours and strong sense of pride, this townhouse offers peace of mind and a true sense of belonging. Conveniently located just minutes from major highways, public transit, top-rated schools, parks, shopping, and dining, this home is perfectly positioned for commuters and families alike.A rare opportunity to own in one of Burlington's most desirable communities - don't miss your chance to call this exceptional property home.
Estimate your monthly payments for this property
Estimated Payment
$3,488.24/mo
Includes CMHC insurance ($18,969)
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.
4143 Palermo Common Unit 28, 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 25+ years of GTA real estate experience
Competitive Pricing
At $567/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 32 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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $2,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.