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              For Sale 7 Days On Site

              601 Timber Lane

              near New St & Appleby
              $499,999 3+0bdr • 2ba • 1kit • 1400-1599sf
              Average Income
              $57,024
              Population Age
              63 y/old
              School Score
              8.28/10
              Price Index Change 1y
              +18.37%
              Price Index Change 3y
              +16.44%
              Rent Index Change 1y
              +6.63%
              Rent Index Change 3y
              +30.20%

              Condo Townhouse • 2-Storey

              601 Timber Lane, Appleby, Burlington
              • Rooms and Bathrooms 3+0 bedr, 2 bath
              • Kitchens 1
              • area 1400-1599
              • garage 0.0 None
              • exposure E
              • age 51-99
              • locker None
              • possession

                60-90

              $499,999

              $2,007.88
              Tax yr: 2020

              $526.71/m

              CALCULATED NUMBERS:

              $1876.00

              calculator

              $2325

              4

              48 Car-Dependent

              52 Good Transit

              59 Bikeable

              8.28/10

              Location Details
              • Halton

              • Burlington

              • Appleby

              • New St & Appleby

              • L7L4B1

              • Res

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

              ROYAL LEPAGE REAL ESTATE SERVICES LTD., BROKERAGE

              Property Overview
              Welcome Home To Glenvic Mews In Pinedale In South Burlington. Spacious 3 Bed, 1 1/2 Bath Condo Townhome-Remodelled In 2017. Step Inside The Tiled Foyer W/Convenient 2 Pc Powder. Newer Ceramic Tiles Flow Into The Large White Eat-In Kitchen, Featuring Granite Counters, Ss Apps, Pot Lighting, Breakfast Nook & Lots Of Extra Storage. Open Concept Dining Room & Living Room Both W/Oak Hardwoods. Walk Out The Living To A Private Fully Fenced Patio W/Gas Line.
              Extras: All Elf's, Fridge, Dishwasher, Kenwood Washer & Dryer.
              Rooms details
              Living
              • Main Level
              • Hardwood Floor
              • Size 4.58x3.51
              Dining
              • Main Level
              • Hardwood Floor
              • Size 4.05x3.92
              Kitchen
              • Main Level
              • Tile Floor
              • Size 4.76x2.67
              Bathroom
              • Main Level
              • 2 Pc Bath
              Master
              • 2nd Level
              • Hardwood Floor
              • Size 5.61x2.70
              2nd Br
              • 2nd Level
              • Hardwood Floor
              • Size 3.46x2.89
              3rd Br
              • 2nd Level
              • Hardwood Floor
              • Size 4.62x3.08
              Bathroom
              • 2nd Level
              • 5 Pc Bath
              • Size 3.26x1.52
              Basement
              • Finished
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              • Listing added to site: 2020-10-17 19:34:25
              • Last updated: 2020-10-18 00:24:42
              • Photos updated: 2020-10-17
              • Contract date: 2020-10-16
              • Input date: 2020-10-17
              • Expiry date: 2021-01-16
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • 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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              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              601 Timber Lane is a condo townhouse 2-storey, located in Appleby of city of Burlington, Halton region, near New St & Appleby, and has been available for sale on CondosDirect since 2020-10-17. This unit is located at level 1 of the building and has East exposure of Timber Lane. Condo registry office is HALT, corporation number 3.

              Lot Size and Living Area:

              601 Timber Lane has 6+0 rooms in total, including 3+0 bedroms, 2 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living areae of this condo unit is within the range of 1400-1599 square feet above the ground plus finished basement. 601 Timber Lane building was built appriximately 51-99 years ago. An ensuite laundry is available at the unit. The basement is finished. The Zoning is described as res, but we suggest you to confirm it with your realtor.

              Heating and Cooling:

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

              Listing Features:


              AIDA has also identified the following listing features: Finished Basement, Open Concept.

              Price & Cost Overview

              General:

              601 Timber Lane condo townhouse is listed for $499,999. Property tax for year 2020 was $2,008. And the monthly maintenance fee was $527.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $1,876, and total expenses, including the mortgage, property tax and maintenance, fee around $2,087, assuming $499,999 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 601 Timber Lane, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Appleby, where 601 Timber Lane is located, has $832,983 Home Price Index, and $2,798 Home Rent Index. Average household income at dissemination area of 601 Timber Lane is $57,024, and average polulation age is 63 years old.
              Average Home Price Index among 18 evaluated neighborhoods in city of Burlington is $857,534, and average Home Rent Index $2,608.

              Similar Properties & Community Details:

              There are similar to 601 Timber Lane 3 bedr condo townhouse condos listed For Sale and For Rent in city of Burlington.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 601 Timber Lane.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Appleby neighborhood in city of Burlington.

              Schools:

              There are at least 4 school(s) located near 601 Timber Lane, or schools, which boundaries this address belongs to with an average School Score 8.28 out of 10. Here are more details about these schools:
              1. Robert Bateman High School, Public, Secondary, ranked as Excellent.
              2. Pineland Public School, Public, Elementary, ranked as Excellent.
              3. Nelson High School, Public, Secondary, ranked as Excellent.
              4. Frontenac Public School, Public, Elementary, ranked as Good.
              ** 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 48, 52, and 59 accordingly, location of 601 Timber Lane overall can be described as Car-Dependent, Good Transit, and Bikeable.

              601 Timber Lane Listings History Powered by AIDA
              Appleby, 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 (33 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 3 to 4 properties like that to be sold in Appleby during the next 30 days.
              Seasonal sales fluctuation is showing -4% inventory decline comparing to the average annual number, which is equvalent to 3.83 properties sold per month, and 37% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 7 days, which is 6 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 -21% D.O.M. decrease comparing to the average annual number, which is equvalent to 16 D.O.M., and -12% decrease comparing to the last six months indicating growing demand for this type of properties within this price range.
              At what price can it be sold?
              Similar properties currently sell at 1.15% above its asking price in Appleby.
              The selling to asking price ratio is growing in Appleby.
              This property has been on the market for less than average number of days it takes a home to sell in Appleby (12.8) .
              601 Timber Lane Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Appleby, 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 +18.37% comparig to the City of Burlington average of +7.84%

              Price Index 3y

              Price Index change was +16.44% comparig to the City of Burlington average of +3.035%

              Rent Index 1y

              Rent Index change was +6.63% comparig to the City of Burlington average of +7.69%

              Rent Index 3y

              Rent Index change was +16.44% comparig to the City of Burlington average of +3.035%

              Walkscore

              Walkscore 48 out of 100 means Car-Dependent

              Transitscore

              Transitscore 52 out of 100 means Good Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 8.28 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

              Assuming Fixed Rate, Monthly Payments

              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

              Save mortgage settings to your profile for automated mortgage calculation on all listings. Account login required.

              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

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