551 Maple Avenue Unit 816, Burlington

Price: $749,900

2 bedrooms, 1 bathrooms

900 sq ft

Property Type: Condo

MLS#: W12743244

Prime location! This bright and spacious 2 bedroom corner unit has views of the lake and is just steps from downtown Burlington. Floor-to-ceiling windows flood the space with natural light, creating an airy and welcoming atmosphere throughout. The open-concept living and dining area is perfect for everyday living and entertaining, while the thoughtfully designed layout offers two generous bedrooms and a 4-piece bathroom. Step outside to a sun-filled balcony which is the perfect spot to enjoy your morning coffee and take in the lake views. This unit also comes with underground parking for added convenience. Residents have access to an impressive collection of luxury amenities, including a serene rooftop zen garden overlooking the lake, indoor pool, sauna, fitness center, BBQ area, party room, billiards room, library, yoga studio, EV charging stations, and ample visitor parking. Located just steps from downtown Burlington, you'll have restaurants, boutiques, and the waterfront right at your doorstep. An ideal opportunity for those craving a vibrant, walkable lifestyle.

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$749,900 - 551 Maple Avenue Unit 816, Burlington

Condo for Sale in Burlington

2Beds
1Baths
900Sq Ft
Condo
Property Details
MLS Number
W12743244
Property Type
Condo
Status
active
Days on Market
5
Bedrooms
2
Bathrooms
1
Square Feet
900 sqft
City
Burlington
Description

Prime location! This bright and spacious 2 bedroom corner unit has views of the lake and is just steps from downtown Burlington. Floor-to-ceiling windows flood the space with natural light, creating an airy and welcoming atmosphere throughout. The open-concept living and dining area is perfect for everyday living and entertaining, while the thoughtfully designed layout offers two generous bedrooms and a 4-piece bathroom. Step outside to a sun-filled balcony which is the perfect spot to enjoy your morning coffee and take in the lake views. This unit also comes with underground parking for added convenience. Residents have access to an impressive collection of luxury amenities, including a serene rooftop zen garden overlooking the lake, indoor pool, sauna, fitness center, BBQ area, party room, billiards room, library, yoga studio, EV charging stations, and ample visitor parking. Located just steps from downtown Burlington, you'll have restaurants, boutiques, and the waterfront right at your doorstep. An ideal opportunity for those craving a vibrant, walkable lifestyle.

Neighbourhood Guide: Burlington

Discover Burlington

Burlington 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 Burlington

  • 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

Burlington 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

551 Maple Avenue Unit 816, 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)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$1,008

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

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $833/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.

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.

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.

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 $3,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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