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Listed 12 days ago

1510 - 100 Burloak Drive

Appleby, Burlington

$589,900

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

Welcome to Hearthstone by the Lake, a premier waterfront retirement community where independent living is complemented by exceptional amenities, personalized services, and a true sense of community. This beautifully maintained 2-bedroom,2-bathroom west facing suite with new flooring throughout, is perfectly positioned to capture the afternoon sun and an abundance of natural light aided by 9' ceilings. Designed with comfort and functionality in mind, this floor plan offers generous living and dining areas ideal for both relaxing and entertaining. The kitchen features plenty of cabinetry and ample workspace. The spacious primary suite offers an updated Ensuite as well as 2 separate closets and the well-proportioned second bedroom is perfect for overnight guests or as a TV room/den. Residents enjoy an unparalleled lifestyle with access to an impressive collection of resort-inspired conveniences, including an elegant dining room, indoor pool, fitness centre, wellness centre, library, resident lounge, concierge services, and beautifully landscaped grounds just moments from the lakefront.The mandatory Club Fee ($1795.05 monthly) enhances everyday living by providing a comprehensive collection of services, including dining credits, housekeeping, 24-hour on-site nursing, emergency response, and handyman assistance. Additional wellness and personal care services are available on an à la carte basis, offering flexibility and support as your needs evolve.

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$1,002
LockerOwned
BalconyEnclosed
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,239
mls© NumberW13751656
Listed ByRoyal LePage Real Estate Services Ltd., Brokerage
Heat Included
Water Included
CAC Included
Building Insurance Included
Parking Included
Common Elements 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%
$3,019
Property tax
$270
Heat allowance
$150
Condo fees, half counted
$501
Housing costs
$3,940 / mo

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

Down payment20% · $117,980
25-yr amortization

Income needed

$121,000

gross annual household income

Payment at 4%
$2,482 / mo
Cash down
$117,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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