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              For Sale 11 Days On Site

              #514 1940 Ironstone Drive

              near Appleby & Upper Middle
              Price Changed -$10,000 (2020-09-17) $509,900 1+0bdr • 1ba • 1kit • 700-799sf
              Average Income
              $81,766
              Population Age
              43 y/old
              School Score
              7.77/10
              Price Index Change 1y
              +17.32%
              Price Index Change 3y
              +15.00%
              Rent Index Change 1y
              +5.96%
              Rent Index Change 3y
              +15.13%

              Condo Apt • 2-Storey #514 • 5 Level

              #514 1940 Ironstone Drive, Industrial Burlington, Burlington
              • Rooms and Bathrooms 1+0 bedr, 1 bath
              • Kitchens 1
              • area 700-799
              • garage 1.0 Undergrnd
              • exposure Ne
              • age 6-10
              • locker Owned
              • possession

                Flex

              $509,900

              $2,517.46
              Tax yr: 2020

              $670.00/m

              CALCULATED NUMBERS:

              $1913.00

              calculator

              $1858

              2

              62 Somewhat Walkable

              34 Some Transit

              81 Very Bikeable

              7.77/10

              Location Details
              • Halton

              • Burlington

              • Industrial Burlington

              • Appleby & Upper Middle

              • L7L0E4

              • Res

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              ROCK STAR REAL ESTATE INC., BROKERAGE

              Property Overview
              One Of The Most Unique 1 Bdrm Loft Style Units W Private Rooftop Terrace Offering 180 Degree Views Of Escarpment! Upgraded Kitch W Ss Appliances, Granite Counters & Eat In Dining Area. Living Rm W Soaring 17.5Ft Ceilings & Stone Feature Wall W Modern Linear Fireplace. The Second Level Is A Full Master Retreat W Updated Ensuite, Laundry & W/O To Private Terrace. Gym, Party/Media Rm, Rooftop W Bbqs, Car Wash...Incredible Building In A Fantastic Location!!!
              Extras: Included: Fridge, Stove, Dishwasher, B/I Microwave, All Window Coverings, All Elfs, Washer/Dryer Excluded: Tv Wall Bracket In Living Room & Master Bedroom
              Video tour available. Click to watch.
              Property Features
              • Car Wash
              • Concierge
              • Exercise Room
              • Games Room
              • Party/Meeting Room
              • Rooftop Deck/Garden
              • Common Elements Included
              • Ensuite Laundry
              • Fireplace/Stove
              • Heat Included
              • Parking Included
              • Water Included
              • CAC Included
              • Condo Taxes Included
              • Hydro Included
              • Building Insurance Included
              • Seller Property Info Statement
              • Family Room
              • Cable TV Included
              Rooms details
              Basement
              • None
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              • Listing added to site: 2020-09-16 09:08:01
              • Last updated: 2020-09-19 00:33:44
              • Photos updated: 2020-09-16
              • Contract date: 2020-09-16
              • Input date: 2020-09-16
              • Expiry date: 2020-12-16
              • Closed date: 0000-00-00
              • Condition expiry date: 2020-09-25
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              Listing Overview

              General:

              514 1940 Ironstone Drive is a condo apt 2-storey, located in Industrial Burlington of city of Burlington, Halton region, near Appleby & Upper Middle, and has been available for sale on CondosDirect since 2020-09-16. This unit is located at level 5 of the building and has North-East exposure of Ironstone Dr. Condo registry office is HSCC, corporation number 625.

              Lot Size and Living Area:

              514 1940 Ironstone Drive has 4+0 rooms in total, including 1+0 bedroms, 1 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 700-799 square feet. 1940 Ironstone Drive building was built appriximately 6-10 years ago.
              1.0 parking space(s) are owned and located mutual at level B137 . The locker is owned. An ensuite laundry is available at the unit. The Zoning is described as res, but we suggest you to confirm it with your realtor.

              Heating and Cooling:

              The condo heat source is Grnd Srce, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:


              AIDA has also found the following features: Price Change, and possible sellers motivation indicators such as Reduced Asking Price, Flexible Possession.

              Price & Cost Overview

              General:

              514 1940 Ironstone Drive condo apt is listed for $509,900. Property tax for year 2020 was $2,517. And the monthly maintenance fee was $670.

              Comparative Market Analysis:

              There are similar 1+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $403,458.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $1,913, and total expenses, including the mortgage, property tax and maintenance, fee around $2,179, assuming $509,900 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 514 1940 Ironstone Drive, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Industrial Burlington, where 1940 Ironstone Drive is located, has $570,183 Home Price Index, and $2,116 Home Rent Index. Average household income at dissemination area of 1940 Ironstone Drive is $81,766, and average polulation age is 43 years old.
              Average Home Price Index among 18 evaluated neighborhoods in city of Burlington is $846,334, and average Home Rent Index $2,594.

              Similar Properties & Community Details:

              There are similar to 514 1940 Ironstone Drive 1 bedr condo apt condos listed For Sale and For Rent in city of Burlington.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 1940 Ironstone Drive.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Industrial Burlington neighborhood in city of Burlington.

              Schools:

              There are at least 3 school(s) located near 1940 Ironstone Drive, or schools, which boundaries this address belongs to with an average School Score 7.77 out of 10. Here are more details about these schools:
              1. M.M. Robinson High School, Public, Secondary, ranked as Good.
              2. John William Boich Public School, Public, Elementary, ranked as Good.
              3. Dr. Frank J. Hayden Secondary School, Public, Secondary, ranked as Excellent.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 62, 34, and 81 accordingly, location of 1940 Ironstone Drive overall can be described as Somewhat Walkable, Some Transit, and Very Bikeable.

              514 1940 Ironstone Drive Listings History Powered by AIDA
              Uptown, Burlington Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Burlington Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (38 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 6 to 7 properties like that to be sold in Industrial Burlington during the next 30 days.
              Seasonal sales fluctuation is showing 25% inventory increase comparing to the average annual number, which is equvalent to 5.08 properties sold per month, and 12% increase comparing to the last six months.
              How soon it can be sold?
              This property has been on the market for 11 days, which is 3 days less than the recent sales average, and can be sold at any time if the price is right, or negotiable by the seller.
              Seasonal sales fluctuation is showing -17% D.O.M. decrease comparing to the average annual number, which is equvalent to 16 D.O.M., and 14% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price it can be sold?
              Similar properties currently sell very close to its asking price in Industrial Burlington.
              The selling to asking price ratio is declining in Industrial Burlington.
              This property has been on the market for less than average number of days it takes a home to sell in Industrial Burlington (13.9) .
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W4914236 Comparative Market Analysis
              514 1940 Ironstone Drive Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Uptown, Burlington, to the City of Burlington for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +17.32% comparig to the City of Burlington average of +0.325%

              Price Index 3y

              Price Index change was +15.00% comparig to the City of Burlington average of -2.125%

              Rent Index 1y

              Rent Index change was +5.96% comparig to the City of Burlington average of +6.42%

              Rent Index 3y

              Rent Index change was +15.00% comparig to the City of Burlington average of -2.125%

              Walkscore

              Walkscore 62 out of 100 means Somewhat Walkable

              Transitscore

              Transitscore 34 out of 100 means Some Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 7.77 out of maximum 10 points

              Mortgage & Payments

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              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
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              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics