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New15 hours ago

202 - 1940 Ironstone Drive

Uptown, Burlington

$525,000

Condo Apartment |
1 + 1 | 2 | 2 | 1
About this home

Exceptional opportunity to own this unique two-storey, 1 bedroom + den, 1.5 bathroom loft in the heart of Uptown Core! Soaring double-storey, floor-to-ceiling windows flood the space with spectacular natural light, creating a bright and inviting atmosphere. The upgraded kitchen features granite countertops, stainless steel appliances and an extended pantry for added storage. The main level offers an open-concept kitchen and living area, a large multi-functional den with murphy bed perfect for transitioning from home office to guest space, and is complete with a convenient powder room. Upstairs, the spacious loft primary bedroom features oversized closets, convenient laundry on the bedroom level, and versatile space for a desk, vanity or sitting area, complemented by a 4-piece bathroom. Step outside to a large private terrace with Astroturf, offering the perfect space to relax or entertain. Includes two prime side-by-side parking spaces and a storage locker conveniently located just down the stairs from the unit. Enjoy a wealth of amenities, just down the hall on the second floor, including a landscaped outdoor terrace w/ BBQ, fitness centre and party room. Ideally situated steps from local restaurants, shopping and coffee shops, with nearby parks, schools and easy access to Appleby GO Station. A truly distinctive loft offering an exceptional blend of character, natural light and convenience!

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleLoft
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$893
LockerOwned
BalconyTerrace
ExposureEast
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$3,553
mls© NumberW14122060
Listed ByCENTURY 21 MILLER DAVIES REAL ESTATE LTD.
Common Elements Included
Building Insurance Included
Water Included
Parking Included
Heat Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,687
Property tax
$296
Heat allowance
$150
Condo fees, half counted
$446
Housing costs
$3,580 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $105,000
25-yr amortization

Income needed

$110,000

gross annual household income

Payment at 4%
$2,209 / mo
Cash down
$105,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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