$425,900 - 5240 Dundas Street Unit 604, Burlington
Condo for Sale in Burlington
82 days on marketNeighbourhood: Orchard
- MLS Number
- W13007610
- Property Type
- Condo
- Status
- active
- Days on Site
- 82
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Burlington
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Top flooor 1 Bedroom + 1 Den unit in North Burlington's sought after Orchard community. Open concept kitchen with full size Stainless Steel appliances connected to bright living room with clear views to the escarpment. Walking distance to schools, shopping, restaurants and more with easy access to major highways. Condo features large gym and party room, hot and cool plunge pools, sauna and steam room. 1 underground parking space and 1 locker.
Estimate your monthly payments for this property
Estimated Payment
$2,185.09/mo
Includes CMHC insurance ($11,883)
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 604, 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 $852/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.
Negotiation Opportunity
At 82 days on site, this property has exceeded the typical selling timeline for Burlington. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 500 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.