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Listed 8 days ago

115 - 2040 Cleaver Avenue

Headon, Burlington

$399,900

Condo Townhouse |
1 | 1 | 2 | 1
About this home

Welcome To Unit 115 In The Wonderful Community Minded And Well Managed Complex Of 2040 Cleaver Avenue. A Prime Location In Burlington Near A Large Array Of Schools, Beautiful Parks, A Variety Of Amenities, Close To Highways And Less Than A 20 Minute Drive To The Burlington Go Station. This Unit Is Perfect For First Time Buyers And Seniors With A Very Convenient And Efficient Use Of Space. The Unit Itself Has Had Recent Upgrades With New Laminate Flooring And Freshly Painted Walls Throughout To Give It A Clean Modern Feel While Also Having A Touch Of Nature As The Unit Backs Onto Lush Greenery Space To Compliment The Already Peaceful Serene Area. Other Featured Upgrades Include A New Stove 2026, 3-Year-Old Stackable Washer And Dryer, Bosch Dishwasher, Ceramic Backsplash, Owned Water Heater, And A Recent Balcony Upgrade. Unit Includes A RARE TWO Parking Spaces With One Being Right Out Your Front Door And The Other One Being Underground Parking. Close To The Stairwell Entrance, Which Is Great For Those Cold Snowy Winter Days, Also Includes A Locker For All Your Storage Needs.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Townhouse
StyleStacked Townhouse
Approx. Age31-50
Size600-699 sq. ft.
Maintenance Fees$560
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces2
Parking FeaturesReserved/Assigned, Underground, Surface
Property Tax$2,390
mls© NumberW13776132
Listed ByROYAL LEPAGE REALTY CENTRE
Common Elements Included
Building Insurance Included
Parking Included
Water 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%
$2,047
Property tax
$199
Heat allowance
$150
Condo fees, half counted
$280
Housing costs
$2,676 / mo

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

Down payment20% · $79,980
25-yr amortization

Income needed

$82,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$79,980

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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