445 Elizabeth Street Unit 201, Burlington

Price: $1,894,000

3 bedrooms, 2 bathrooms

1,800 sqft

Property Type: Condo

MLS#: W12923802

Luxury living in the heart of downtown Burlington! 1,887 sq.ft. 2 bedroom + den/office suite with southwest exposure in an exclusive 13-suite condominium. Just steps to the lake, waterfront park, fine dining, shopping, The Burlington Performing Arts Centre and highway access! Stunning custom kitchen with quartz, subway tile backsplash, stainless steel appliances (including wine fridge), centre island and walkout to a private terrace. Primary bedroom with gorgeous 3-piece ensuite, walk-in closet and a walkout to a second private terrace. Additional high-end features and finishes include 9' ceilings, hardwood floors, crown moulding, open concept living/dining with fireplace, a second 3-piece bathroom, a spacious in-suite laundry with built-in cabinetry, custom draperies and more! 1 indoor parking space and 1 storage locker on unit level.

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$1,894,000 - 445 Elizabeth Street Unit 201, Burlington

Condo for Sale in Burlington

Popular Listing
3Beds
2Baths
1,800Sq Ft
Condo
Property Details
MLS Number
W12923802
Property Type
Condo
Status
active
Days on Site
10
Bedrooms
3
Bathrooms
2
Square Feet
1,800 sqft
Neighbourhood
Burlington
Locker
Exclusive
Exposure
South West
Balcony
Open
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Luxury living in the heart of downtown Burlington! 1,887 sq.ft. 2 bedroom + den/office suite with southwest exposure in an exclusive 13-suite condominium. Just steps to the lake, waterfront park, fine dining, shopping, The Burlington Performing Arts Centre and highway access! Stunning custom kitchen with quartz, subway tile backsplash, stainless steel appliances (including wine fridge), centre island and walkout to a private terrace. Primary bedroom with gorgeous 3-piece ensuite, walk-in closet and a walkout to a second private terrace. Additional high-end features and finishes include 9' ceilings, hardwood floors, crown moulding, open concept living/dining with fireplace, a second 3-piece bathroom, a spacious in-suite laundry with built-in cabinetry, custom draperies and more! 1 indoor parking space and 1 storage locker on unit level.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,377.80/mo

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5-yr fixed avg.

Principal: $1,515,200Interest: $998,140
Mortgage Amount$1,515,200
Total Interest$998,140
Est. Property Tax$1,342/mo
Total Cost$2,513,340

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

445 Elizabeth Street Unit 201, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,400/mo
Range: $2,890 - $3,910
Cap Rate (ROI)
0.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,400
Maintenance Fees-$1,170
Property Tax (est.)-$1,342
Insurance (est.)-$395
Net Cash Flow+$493

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $1052/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.

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.

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 $7,892 (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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