$585,000 - 5240 Dundas Street Unit 310B, Burlington
Condo for Sale in Burlington
Neighbourhood: Orchard
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- MLS Number
- W13791222
- Property Type
- Condo
- Status
- active
- Days on Site
- 21
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Burlington
- Taxes (2026)
- $3,858
- Maintenance Fees
- $604/mo
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
2 BEDS + 2 BATHS + 2 PARKING! Rare ravine-facing corner unit offering exceptional privacy, creek access and two private balconies overlooking the natural surroundings. Move-in ready and freshly painted throughout, with updated flooring (2026), quartz countertops, modern finishes and in-suite laundry. Bright, stylish and beautifully maintained with the added bonus of TWO underground parking spaces. Enjoy building amenities including an exercise room, party room and sauna. Fantastic location close to trails, Bronte Creek Provincial Park, shopping, schools and the 407. A unique opportunity offering modern condo living, incredible privacy and a setting that's hard to find!
Estimate your monthly payments for this property
Estimated Payment
$3,001.35/mo
Includes CMHC insurance ($16,322)
5-yr fixed avg.
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.
Historic Orchard Country
The Orchard neighbourhood in Burlington reflects the area's agricultural heritage with spacious lots, rolling terrain, and a semi-rural character. Located in the northern part of the city near the escarpment, the community offers larger properties that appeal to buyers seeking room and privacy. The neighbourhood retains a peaceful, country-like atmosphere while remaining within Burlington's urban boundary.
Why Live in Orchard
- •Spacious lots with a semi-rural character
- •Agricultural heritage and orchard landscapes
- •Proximity to Niagara Escarpment trails
- •Quiet, low-density residential environment
- •Larger homes with room for outdoor living
Nearby Schools
Transit & Commuting
- •Burlington Transit bus service
- •Highway 403 access
- •30-minute drive to Burlington GO Station
- •50-minute drive to Toronto Pearson Airport
Parks & Amenities
- •Orchard Community Park
- •Hiking trails and escarpment access
- •Local farmlands and orchards
- •Community sports facilities
- •Rural country roads for cycling
Lifestyle & Community
Orchard offers a countryside lifestyle within city limits, ideal for those who enjoy gardening, hiking, and the relaxed pace of semi-rural living. Residents value the privacy, space, and natural beauty that define this area.
5240 Dundas Street Unit 310B, Burlington
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $836/sqft, this property is priced in line with current Burlington market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 21 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. The $604/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 700 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 Orchard
I know Orchard 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.