$1,099,000 - 442 Maple Avenue Unit 1402, Burlington
Condo for Sale in Burlington
New — Listed 6 days ago- MLS Number
- W12936268
- Property Type
- Condo
- Status
- active
- Days on Site
- 6
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Burlington
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- Engel & Volkers Oakville
Welcome to elegant "Spencer's Landing" in the heart of downtown Burlington across from the lake, & scenic Spencer Smith Park. Experience luxury living & convenience in this beautiful 2 bedroom, 2 bathroom 1,540 sq. ft. Penthouse level corner unit with expansive 180 degree southwest views of the Escarpment, Hamilton Harbour, & Lake Ontario. This well-designed floor plan greets you with a spacious entry foyer & built-in cabinetry, separate bedroom wings for privacy, formal living & dining rooms, as well as a very generous bright & airy eat-in kitchen open to the cozy family room/den. The large primary bedroom has an ample walk-in closet, & 4 piece ensuite, with glass shower & new "Safe-Step Walk-in" jetted bathtub (2024). The 2nd bedroom currently has built-in cabinetry with a fold down Murphy-bed opposite the hallway to a 3 piece bathroom with glass shower. Off the living room, is access to a lovely open covered balcony. Very important to note, this Penthouse unit comes with 2 oversize parking spots, as well as your own massive storage room, all just a few steps from the underground entrance. "Spencer's Landing" is an exceptional residence offering resort-style amenities, including concierge, 24 hour security, indoor pool & spa, sauna, fitness center, library, party & games room with billiards table, secure underground parking, as well as ample visitor parking, outdoor gazebo & BBQ area. Enjoy truly "all-inclusive" living as condo fees cover all utilities & amenities. Perfectly situated in the heart of downtown, you're just a short walk to shops & cafes, dining, entertainment, & the picturesque waterfront trail.
Estimate your monthly payments for this property
Estimated Payment
$4,861.25/mo
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.
442 Maple Avenue Unit 1402, 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 $785/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Burlington's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 $4,579 (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.