1998 Ironstone Drive Unit 601, Burlington

Price: $639,900

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13699616

Absolutely stunning south-facing 1,227 sq. ft. suite in the sought-after Millcroft Place condominium, feature 2 bedrooms and 2 full bathrooms with spectacular skyline and lake views. This beautifully appointed open-concept home is tastefully decorated in neutral tones and showcases a spacious maple kitchen with granite countertops, breakfast bar, pantry, and stainless steel appliances. Additional upgrades include granit countertops in both bathrooms, crown moulding, hardwood flooring throughout, upgraded ceramic tile, and impressive 9-foot ceilings. The spacious primary bedroom offers a luxurious ensuite, creating the perfect private retreat. A bright, elegant living space with exceptional finishes throughout makes this a truly move-in-ready home. Excellent amenities, including an exercise room, workshop, and party room complete with a kitchen, pool table, and TV. On-site superintendent provides added peace of mind and convenience. Pet-friendly building allowing one dog and one cat. Located in North East Burlington, you're just minutes form shopping, restaurants, parks, transit, golf, and many other amenities.

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New Listing
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$639,900 - 1998 Ironstone Drive Unit 601, Burlington

Condo for Sale in Burlington

New — Listed 2 days ago

Neighbourhood: Uptown

2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W13699616
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Burlington
Locker
Exclusive
Exposure
South
Balcony
Open
Listing Brokerage
ROYAL LEPAGE REALTY PLUS OAKVILLE
Description

Absolutely stunning south-facing 1,227 sq. ft. suite in the sought-after Millcroft Place condominium, feature 2 bedrooms and 2 full bathrooms with spectacular skyline and lake views. This beautifully appointed open-concept home is tastefully decorated in neutral tones and showcases a spacious maple kitchen with granite countertops, breakfast bar, pantry, and stainless steel appliances. Additional upgrades include granit countertops in both bathrooms, crown moulding, hardwood flooring throughout, upgraded ceramic tile, and impressive 9-foot ceilings. The spacious primary bedroom offers a luxurious ensuite, creating the perfect private retreat. A bright, elegant living space with exceptional finishes throughout makes this a truly move-in-ready home. Excellent amenities, including an exercise room, workshop, and party room complete with a kitchen, pool table, and TV. On-site superintendent provides added peace of mind and convenience. Pet-friendly building allowing one dog and one cat. Located in North East Burlington, you're just minutes form shopping, restaurants, parks, transit, golf, and many other amenities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,283.02/mo

Includes CMHC insurance ($17,853)

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5%10%50%

5-yr fixed avg.

Principal: $575,910Interest: $391,142
Mortgage Amount$593,763
Total Interest$391,142
Est. Property Tax$453/mo
Total Cost$984,906

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: Uptown

Discover Uptown

Uptown 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 Uptown

  • 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

Uptown 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

1998 Ironstone Drive Unit 601, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$453
Insurance (est.)-$133
Net Cash Flow+$1,154

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 $533/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 Uptown

I know Uptown 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 $2,666 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1998 Ironstone Drive Unit 601, Burlington | $639,900 | Battaglia Team