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Listed 1 month ago

1213 - 100 Burloak Drive

Bronte Creek, Burlington

$755,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

Welcome to Hearthstone by the Lake, a sought-after retirement community in one of Burlington's most desirable locations, just across from the waterfront. This bright and spacious corner unit is approximately 1,200 sq. ft. suite offers 2 bedrooms, 2 bathrooms and convenient in-suite laundry. An abundance of windows fills the home with natural light, while the private balcony faces the waterfront with mature trees, offering added privacy and a peaceful setting. Designed for comfortable, low-maintenance living, the suite also includes one underground parking space as well as a private locker. Residents enjoy an impressive assortment of amenities including concierge services, a fitness center, saltwater pool, library, games rooms, private dining spaces and a full-service dining room. Optional meal plans and additional care and support packages are also available, allowing residents to tailor services to their individual needs while maintaining the privacy and independence of condominium living. Surrounded by beautiful gardens, with waterfront parks and walking trails just across the street, Hearthstone by the Lake offers an exceptional combination of community, convenience and independent living.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$3,034
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$436,000
mls© NumberW13689356
Listed ByRIGHT AT HOME REALTY
Heat Included
Hydro Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,864
Property tax
$36,333
Heat allowance
$150
Condo fees, half counted
$1,517
Housing costs
$41,865 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $151,000
25-yr amortization

Income needed

$1,288,000

gross annual household income

Payment at 4%
$3,177 / mo
Cash down
$151,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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