589 Francis Road, Burlington

Price: $669,900

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W12932488

Stunning 3-Bedroom End-Unit Townhome Just Steps from the Lake! Enjoy the privacy and feel of a semi-detached home, only 250 meters from the lake and Burlington Beach, and minutes to Downtown Burlington. This bright corner unit offers east facing front and west-facing backyard, providing sun-filled mornings. The open-concept main floor features a modern kitchen with updated cabinets (2023), quartz countertops, backsplash, stainless steel appliances, and a stylish coffee station, flowing seamlessly into the living and dining areas. The primary bedroom includes a walk-in closet and custom storage space, along with a Murphy bed for added flexibility. New flooring (2023),fresh paint, and custom IKEA closet organizers throughout add a clean, move-in-ready feel. Updated bathrooms feature glass showers. The finished lower level offers versatile space for a home office, gym, or recreation room, with direct interior access to the garage and potential for a future basement washroom addition. Major upgrades include furnace (2023), A/C (2023), driveway and stone landing (2025), plus afreshly painted fence. Parking for up to 3 vehicles-a rare find in the area. Located in a quiet, highly desirable neighborhood within walking distance to Burlington Golf &Country Club, and just minutes from LaSalle Park Marina (5 min drive), Royal Botanical Gardens(10 min drive), and walking distance to Burlington Beach. Also close to Costco, Mapleview Mall, IKEA, hospitals, trails, restaurants, GO Transit, and major highways. Move-in ready. Prime location. Lifestyle living at its best. Won't last long

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active
New Listing
1/44

$669,900 - 589 Francis Road, Burlington

Condo for Sale in Burlington

New — Listed 7 days ago
3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W12932488
Property Type
Condo
Status
active
Days on Site
7
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Burlington
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

Stunning 3-Bedroom End-Unit Townhome Just Steps from the Lake! Enjoy the privacy and feel of a semi-detached home, only 250 meters from the lake and Burlington Beach, and minutes to Downtown Burlington. This bright corner unit offers east facing front and west-facing backyard, providing sun-filled mornings. The open-concept main floor features a modern kitchen with updated cabinets (2023), quartz countertops, backsplash, stainless steel appliances, and a stylish coffee station, flowing seamlessly into the living and dining areas. The primary bedroom includes a walk-in closet and custom storage space, along with a Murphy bed for added flexibility. New flooring (2023),fresh paint, and custom IKEA closet organizers throughout add a clean, move-in-ready feel. Updated bathrooms feature glass showers. The finished lower level offers versatile space for a home office, gym, or recreation room, with direct interior access to the garage and potential for a future basement washroom addition. Major upgrades include furnace (2023), A/C (2023), driveway and stone landing (2025), plus afreshly painted fence. Parking for up to 3 vehicles-a rare find in the area. Located in a quiet, highly desirable neighborhood within walking distance to Burlington Golf &Country Club, and just minutes from LaSalle Park Marina (5 min drive), Royal Botanical Gardens(10 min drive), and walking distance to Burlington Beach. Also close to Costco, Mapleview Mall, IKEA, hospitals, trails, restaurants, GO Transit, and major highways. Move-in ready. Prime location. Lifestyle living at its best. Won't last long

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,436.93/mo

Includes CMHC insurance ($18,690)

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5-yr fixed avg.

Principal: $602,910Interest: $409,480
Mortgage Amount$621,600
Total Interest$409,480
Est. Property Tax$475/mo
Total Cost$1,031,080

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

589 Francis Road, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$475
Insurance (est.)-$140
Net Cash Flow+$1,525

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

Competitive Pricing

At $558/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.

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 $2,791 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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