2040 Cleaver Avenue Unit 202, Burlington

Price: $399,900

2 bedrooms, 1 bathrooms

900 sqft

Property Type: Condo

MLS#: W13645102

Welcome to Forest Chase, a sought-after condo community in Burlington's established Headon Forest neighbourhood. This bright and spacious 2-bedroom, 1-bathroom condo features a functional open-concept layout, a generously sized bathroom, owned parking, and a private locker for additional storage. Surrounded by mature trees and green space, this move-in-ready home is an excellent option for first-time buyers, downsizers, investors, or anyone seeking comfortable, low-maintenance living. Enjoy nearby parks, walking trails, and outdoor spaces, including Ireland Park and trail connections throughout the Headon Forest community. Conveniently located just minutes from shopping, restaurants, public transit, and major highways, including the QEW, 403, and 407. C.H. Norton Public School and St. Timothy Catholic Elementary School are also nearby, making this a great choice for families. Offering the perfect balance of peaceful surroundings and everyday convenience, this well-maintained community provides an opportunity to live in one of Burlington's most desirable neighbourhoods. Extensive updates completed in 2024 include freshly painted walls, ceilings, and doors, new laminate flooring throughout the living room, dining room, both bedrooms and closets, new tile flooring in the bathroom, new windows in both bedrooms, and a full suite of new appliances including a fridge, stove, dishwasher, microwave, and stackable washer and dryer. The electrical panel was also upgraded to a 125-amp service in 2026, adding even more value and peace of mind. Don't miss this fantastic opportunity!

2040 Cleaver Avenue Unit 202 - Condo photo 1 of 17 in Burlington, Ontario
2040 Cleaver Avenue Unit 202 - Condo photo 2 of 17 in Burlington, Ontario
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$399,900 - 2040 Cleaver Avenue Unit 202, Burlington

Condo for Sale in Burlington

Neighbourhood: Headon

2Beds
1Baths
900Sq Ft
Condo
Property Details
MLS Number
W13645102
Property Type
Condo
Status
active
Days on Site
17
Bedrooms
2
Bathrooms
1
Square Feet
900 sqft
Neighbourhood
Burlington
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
REAL BROKER ONTARIO LTD.
Description

Welcome to Forest Chase, a sought-after condo community in Burlington's established Headon Forest neighbourhood. This bright and spacious 2-bedroom, 1-bathroom condo features a functional open-concept layout, a generously sized bathroom, owned parking, and a private locker for additional storage. Surrounded by mature trees and green space, this move-in-ready home is an excellent option for first-time buyers, downsizers, investors, or anyone seeking comfortable, low-maintenance living. Enjoy nearby parks, walking trails, and outdoor spaces, including Ireland Park and trail connections throughout the Headon Forest community. Conveniently located just minutes from shopping, restaurants, public transit, and major highways, including the QEW, 403, and 407. C.H. Norton Public School and St. Timothy Catholic Elementary School are also nearby, making this a great choice for families. Offering the perfect balance of peaceful surroundings and everyday convenience, this well-maintained community provides an opportunity to live in one of Burlington's most desirable neighbourhoods. Extensive updates completed in 2024 include freshly painted walls, ceilings, and doors, new laminate flooring throughout the living room, dining room, both bedrooms and closets, new tile flooring in the bathroom, new windows in both bedrooms, and a full suite of new appliances including a fridge, stove, dishwasher, microwave, and stackable washer and dryer. The electrical panel was also upgraded to a 125-amp service in 2026, adding even more value and peace of mind. Don't miss this fantastic opportunity!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,051.69/mo

Includes CMHC insurance ($11,157)

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5-yr fixed avg.

Principal: $359,910Interest: $244,441
Mortgage Amount$371,067
Total Interest$244,441
Est. Property Tax$283/mo
Total Cost$615,508

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: Headon

Discover Headon

Headon 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 Headon

  • 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

Headon 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

2040 Cleaver Avenue Unit 202, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
4.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,329

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 $444/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.

Market Position

At 17 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 Headon

I know Headon 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.

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    2040 Cleaver Avenue Unit 202, Burlington | $399,900 | Battaglia Team