415 Locust Street Unit 310, Burlington

Price: $1,150,000

3 bedrooms, 3 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W13097582

Welcome to the luxurious Harbourview Residences in prime downtown Burlington with spectacular views of Lake Ontario! This stunning 2+1 bedroom, 2+1 bath condo offers 1541SF of beautifully updated living space, perfectly complemented by an incredible 1200+SF wrap-around private terrace overlooking Lake Ontario and Spencer Smith Park. Bright and spacious, the south-facing corner unit is surrounded by floor-to-ceiling, wall-to-wall windows, flooding the home with natural light and offering breathtaking, unobstructed lake views. Both generously sized bedrooms feature en suite bathrooms and walkouts to the expansive terrace. The perfect spot for morning coffee or evening relaxation. The primary suite also boasts a large walk-in closet and hardwood floors throughout. An additional den provides flexible space for a home office, guest room, or reading nook. The living and dining room flow seamlessly, while the stylish eat in kitchen with updated floors and stone countertops, top this unit off with another walkout to the incredible lake view. Experience the ultimate in waterfront luxury, surrounded by Burlington's vibrant downtown shops, restaurants, and walking trails. Don't miss!

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$1,150,000 - 415 Locust Street Unit 310, Burlington

Condo for Sale in Burlington

37 days on market
3Beds
3Baths
1,400Sq Ft
Condo
Property Details
MLS Number
W13097582
Property Type
Condo
Status
active
Days on Site
37
Bedrooms
3
Bathrooms
3
Square Feet
1,400 sqft
Neighbourhood
Burlington
Locker
Owned
Exposure
South
Balcony
Terrace
Listing Brokerage
Royal LePage Real Estate Services Ltd., Brokerage
Description

Welcome to the luxurious Harbourview Residences in prime downtown Burlington with spectacular views of Lake Ontario! This stunning 2+1 bedroom, 2+1 bath condo offers 1541SF of beautifully updated living space, perfectly complemented by an incredible 1200+SF wrap-around private terrace overlooking Lake Ontario and Spencer Smith Park. Bright and spacious, the south-facing corner unit is surrounded by floor-to-ceiling, wall-to-wall windows, flooding the home with natural light and offering breathtaking, unobstructed lake views. Both generously sized bedrooms feature en suite bathrooms and walkouts to the expansive terrace. The perfect spot for morning coffee or evening relaxation. The primary suite also boasts a large walk-in closet and hardwood floors throughout. An additional den provides flexible space for a home office, guest room, or reading nook. The living and dining room flow seamlessly, while the stylish eat in kitchen with updated floors and stone countertops, top this unit off with another walkout to the incredible lake view. Experience the ultimate in waterfront luxury, surrounded by Burlington's vibrant downtown shops, restaurants, and walking trails. Don't miss!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,086.84/mo

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5-yr fixed avg.

Principal: $920,000Interest: $606,051
Mortgage Amount$920,000
Total Interest$606,051
Est. Property Tax$815/mo
Total Cost$1,526,051

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

415 Locust Street Unit 310, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$815
Insurance (est.)-$240
Net Cash Flow+$1,115

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

Fair Market Value

At $821/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.

Market Position

At 37 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.

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.

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.

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    415 Locust Street Unit 310, B… — $1,150,000 | Battaglia Team