100 Burloak Drive Unit 1317, Burlington

Price: $619,900

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13602638

Welcome to Hearthstone by the Lake, a premier waterfront retirement community where independent living is complemented by exceptional amenities, personalized services, and a true sense of community. This beautifully maintained 2-bedroom plus den, 2-bathroom suite is perfectly positioned to capture the morning sun and an abundance of natural light.Designed with comfort and functionality in mind, the spacious floor plan offers generous living and dining areas ideal for both relaxing and entertaining. The kitchen features timeless white cabinetry and ample workspace. The versatile den provides the flexibility to create a home office,quiet reading retreat-TV room or as it is currently used, a separate Dining Room. A well-proportioned second bedroom is perfect for overnight guests, and the spacious primary suite offers an Ensuite as well as 2 separate closets. Residents enjoy an unparalleled lifestyle with access to an impressive collection of resort-inspired amenities, including an elegant dining room, indoor pool, fitness centre, wellness centre, library, resident lounge, concierge services, and beautifully landscaped grounds just moments from the lakefront.The mandatory Club Fee enhances everyday living by providing a comprehensive collection of services, including dining credits, housekeeping, 24-hour on-site nursing, emergency response, and handyman assistance. Additional wellness and personal care services are available on an à la carte basis, offering flexibility and support as your needs evolve.

100 Burloak Drive Unit 1317 - Condo photo 1 of 1 in Burlington, Ontario
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$619,900 - 100 Burloak Drive Unit 1317, Burlington

Condo for Sale in Burlington

New — Listed 2 days ago

Neighbourhood: Appleby

2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13602638
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Burlington
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
Royal LePage Real Estate Services Ltd., Brokerage
Description

Welcome to Hearthstone by the Lake, a premier waterfront retirement community where independent living is complemented by exceptional amenities, personalized services, and a true sense of community. This beautifully maintained 2-bedroom plus den, 2-bathroom suite is perfectly positioned to capture the morning sun and an abundance of natural light.Designed with comfort and functionality in mind, the spacious floor plan offers generous living and dining areas ideal for both relaxing and entertaining. The kitchen features timeless white cabinetry and ample workspace. The versatile den provides the flexibility to create a home office,quiet reading retreat-TV room or as it is currently used, a separate Dining Room. A well-proportioned second bedroom is perfect for overnight guests, and the spacious primary suite offers an Ensuite as well as 2 separate closets. Residents enjoy an unparalleled lifestyle with access to an impressive collection of resort-inspired amenities, including an elegant dining room, indoor pool, fitness centre, wellness centre, library, resident lounge, concierge services, and beautifully landscaped grounds just moments from the lakefront.The mandatory Club Fee enhances everyday living by providing a comprehensive collection of services, including dining credits, housekeeping, 24-hour on-site nursing, emergency response, and handyman assistance. Additional wellness and personal care services are available on an à la carte basis, offering flexibility and support as your needs evolve.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,180.41/mo

Includes CMHC insurance ($17,295)

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5-yr fixed avg.

Principal: $557,910Interest: $378,917
Mortgage Amount$575,205
Total Interest$378,917
Est. Property Tax$439/mo
Total Cost$954,122

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: Appleby

Discover Appleby

Appleby 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 Appleby

  • 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

Appleby 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

100 Burloak Drive Unit 1317, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$439
Insurance (est.)-$129
Net Cash Flow+$1,142

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $620/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.

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.

About Appleby

I know Appleby well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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 $2,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    100 Burloak Drive Unit 1317, Burlington | $619,900 | Battaglia Team