$510,000 - 551 Maple Avenue Unit 1407, Burlington
Condo for Sale in Burlington
32 days on market- MLS Number
- W12454016
- Property Type
- Condo
- Status
- active
- Days on Site
- 32
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Burlington
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- Royal Lepage Real Estate Associates
Experience the best of downtown Burlington living in this stylish one bedroom, one bathroom condo with a balcony. This suite combines comfort, convenience, and luxury with access to incredible amenities. From the moment you step inside, you'll be impressed by the modern finishes, floor to ceiling windows and thoughtful design throughout. The chef-inspired kitchen is a highlight, featuring granite countertops, marble tile backsplash, sleek cabinetry, stainless steel appliances, and a breakfast bar with seating for three perfect for casual dining or entertaining. Beautiful light hardwood flooring flows seamlessly through the open-concept living/dining area and into the spacious bedroom. The bedroom offers floor-to-ceiling windows and a walk-in closet. The elegant 4-piece bathroom is both relaxing and refined. The balcony extending from the living area provides an ideal vantage point to enjoy sweeping views of the escarpment and a touch of the lake beyond. In-suite laundry adds everyday convenience, while the building itself provides a long list of upscale luxurious amenities. Begin your morning with a swim in the indoor pool, unwind in the yoga studio or sauna, or find peace in the zen garden. Host gatherings at the outdoor BBQ area, challenge friends in the billiards room, or keep active in the fully equipped fitness centre. With 24/7 concierge service, your needs are always met. All of this is located just steps from Burlington's vibrant downtown core, where you'll find boutique shopping, diverse dining, and a lively waterfront community. Don't miss your chance to call this stunning condo home and embrace the ultimate urban lifestyle.
Estimate your monthly payments for this property
Estimated Payment
$2,616.56/mo
Includes CMHC insurance ($14,229)
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.
551 Maple Avenue Unit 1407, 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 $850/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 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.
Efficient Living
At 600 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 $2,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.