5240 Dundas Street Unit B505, Burlington

Price: $449,900

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: W13468822

Welcome to this stylish 1 Bedroom + Den condo in the sought-after LINK2 community in Burlington. Offering a functional and versatile floor plan, this modern suite features an open-concept layout with laminate flooring throughout, quartz countertops, a kitchen island, stainless steel fridge, stove, dishwasher and microwave, plus the convenience of in-suite laundry with washer and dryer. The spacious den provides the perfect space for a home office, guest area, or additional living space. Step out onto your private balcony and enjoy urban living at its finest. This unit also includes the added convenience of one owned parking space and a locker for extra storage. Residents enjoy access to exceptional amenities, including a fitness centre, hot and cold spas, sauna, rooftop terrace, private dining room, and beautifully landscaped courtyard. Located in an unbeatable Burlington location, close to shopping, dining, transit, parks, and major highways. A fantastic opportunity for first-time buyers, professionals, or investors.

5240 Dundas Street Unit B505 - Condo photo 1 of 1 in Burlington, Ontario
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$449,900 - 5240 Dundas Street Unit B505, Burlington

Condo for Sale in Burlington

Neighbourhood: Orchard

1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
W13468822
Property Type
Condo
Status
active
Days on Site
18
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Burlington
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Description

Welcome to this stylish 1 Bedroom + Den condo in the sought-after LINK2 community in Burlington. Offering a functional and versatile floor plan, this modern suite features an open-concept layout with laminate flooring throughout, quartz countertops, a kitchen island, stainless steel fridge, stove, dishwasher and microwave, plus the convenience of in-suite laundry with washer and dryer. The spacious den provides the perfect space for a home office, guest area, or additional living space. Step out onto your private balcony and enjoy urban living at its finest. This unit also includes the added convenience of one owned parking space and a locker for extra storage. Residents enjoy access to exceptional amenities, including a fitness centre, hot and cold spas, sauna, rooftop terrace, private dining room, and beautifully landscaped courtyard. Located in an unbeatable Burlington location, close to shopping, dining, transit, parks, and major highways. A fantastic opportunity for first-time buyers, professionals, or investors.

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Estimate your monthly payments for this property

Estimated Payment

$2,308.22/mo

Includes CMHC insurance ($12,552)

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5-yr fixed avg.

Principal: $404,910Interest: $275,004
Mortgage Amount$417,462
Total Interest$275,004
Est. Property Tax$319/mo
Total Cost$692,466

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: Orchard

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

Robert Bateman High SchoolPublic High School
Corpus Christi CSSCatholic High School
Orchard Park Public SchoolPublic Elementary
St. Timothy Catholic SchoolCatholic Elementary

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.

32
Walk Score
$1M - $2M
Price Range

5240 Dundas Street Unit B505, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$319
Insurance (est.)-$94
Net Cash Flow+$1,062

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

Fair Market Value

At $900/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 18 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 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.

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    5240 Dundas Street Unit B505, Burlington | $449,900 | Battaglia Team