$689,000 - 500 Brock Avenue Unit 1008, Burlington
Condo for Sale in Burlington
New — Listed 2 days ago- MLS Number
- W12939932
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Burlington
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- SKYBOUND REALTY
Welcome to Illumina Condos! This spacious 1-bedroom, 1-bathroom suite on the 10th floor offers approximately 770 sq. ft. of thoughtfully designed living space, complemented by breathtaking views of Lake Ontario. Featuring a bright open-concept layout with floor-to-ceiling energy efficient double-glazed windows, this unit is filled with natural light and seamlessly extends to two private balconies-perfect for enjoying morning coffee or evening sunsets. 9Ft finished ceiling. Walls and trim painted off white. The modern kitchen is beautifully finished with contemporary designed cabinetry, quartz countertops, stylish backsplash, stainless steel kitchen sink, drop pendant lighting, a center island, and brand-new appliances-ideal for both everyday living and entertaining. The primary bedroom includes built-in closets, while a double closet in the foyer provides additional storage. Bathroom offers contemporary designed cabinetry and coordinating hardware, modern faucet and pressure balanced shower control. Luxury plank flooring throughout.Secure and well-lit monitored underground parking area. Located in a highly desirable area, just minutes from downtown Burlington, steps to the waterfront, shopping, and with easy access to major highways, this home offers exceptional convenience for both commuters and lifestyle seekers.Residents enjoy premium building amenities, including furnished guest suits, a fully equipped fitness studio with weight training and cardio, security services, BBQ area, spacious party room with wrap around bar, big screen TV and various sitting arrangements, and an impressive sky deck/terrace with panoramic lake views-perfect for relaxing or hosting guests.An exceptional opportunity to own a stylish lakeside condo in a prime location. Don't miss it!
Estimate your monthly payments for this property
Estimated Payment
$3,534.93/mo
Includes CMHC insurance ($19,223)
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.
500 Brock Avenue Unit 1008, Burlington
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Rental income estimator & ROI calculator
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
Fair Market Value
At $984/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.
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.
Efficient Living
At 700 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 $2,871 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.