Maintenance Fees
The Ironstone Condos vs The Corporate Drive Area
216 - 1940 Ironstone Dr
$549,0001 bd2 ba1 pk600 sqft
For SaleThe Ironstone Condos
25 Days on Strata
$549,000
1 Bed
2 Bath
1 Parking
600 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$572/mth
Taxes:
$2,516 (2024)
Cost Per Sqft:
$915/sqft
Outdoor Space:
Terrace
Locker:
Owned
Exposure:
East West
Possession Date:
Flexible
Amenities
Rooftop Deck
Security System
Concierge
Party Room
Bike Storage
Car Wash
BBQs Allowed
Gym
Visitor Parking
Indoor Parking
Games Room
Media Room
About this Listing
Stunning 1 bedroom plus a den, 1.5 bath unit located in north Burlington! Boasting almost 600 square feet PLUS an oversized terrace! This unit offers a great open concept floor plan with beautiful finishes and plenty of natural light! There are 9-foot ceilings and beautiful flooring throughout. The kitchen features rich wood cabinetry, stone counters, a large peninsula with space for 3 stools and stainless-steel appliances! The kitchen opens to the oversized family room with plenty of natural light and terrace access. The is also a den that offers additional storage, a 2-piece powder room, in-suite laundry and plenty of storage space. The primary bedroom has a 4-piece ensuite and large closet. This unit also includes 1 storage locker and underground parking space! The building offers beautiful amenities including an exercise room, games room, party room, rooftop terrace & visitor parking. Conveniently located close to all amenities!
ExtrasStainless Steel: Stove, Fridge, Dishwasher, Microwave. Washer, Dryer. Ikea built in wall unit, Window coverings, Electric light fixtures.
re/max escarpment realty inc.MLS® #W12030646
Fees & Utilities
Maintenance Fees
Included in Fees
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Heat
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
14.93 x 9.51ft
Kitchen
8.17 x 6.82ft
Primary
15.42 x 8.24ft
Den
8.07 x 7.58ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
Explore Corporate Drive
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6/10
Walkability
Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
Unknown
Transit
8/10
Bikeability
Your bike's the trusty steed in this urban jungle — giddy up!
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
7,378
Average Individual Income
$89,171
Average Household Size
0 persons
Average Age
40
Average Household Income
$130,655
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
56%
Semi Detached
20%
High Rise Apartment
10%
Low Rise Apartment
8%
Duplex
3%
Marital Status
Commute
Languages (Primary Language)
English
94%
Other
5%
Punjabi
1%
Education
University and Above
32%
High School
26%
College
21%
None
12%
Apprenticeship
5%
University Below Batchelor
1%
Major Field of Study
Architecture & Engineering
20%
Business Management
19%
Health & Related Fields
14%
Social Sciences
13%
Humanities
7%
Education
7%
Math & Computer Sciences
4%
Personal, Protective & Transportation Services
3%
Physical Sciences
3%
Visual & Performing Arts
2%
Agriculture & Natural Resources
2%
Building Trends At The Ironstone Condos
Days on Strata
Units at The Ironstone Condos spend an average of
41
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Corporate Drive
Turnover of Units
On average, each unit is owned for
5.1
YEARS before being sold againProperty Value
-8%
Decrease in property value within the past twelve months
Price Ranking
3rd
Highest price per SQFT out of 9 condos in the Corporate Drive area
Sold Units
12
Units were Sold over the past twelve months
Rented Units
14
Units were Rented over the past twelve months
Best Value Rank
The Ironstone Condos offers the best value out of 9 condos in the Corporate Drive neighbourhood
?
Appreciation Rank
The Ironstone Condos has the highest ROI out of 9 condos in the Corporate Drive neighbourhood
?
Rental Yield
The Ironstone Condos yields the highest rent prices out of 9 condos in the Corporate Drive neighbourhood
?
High Demand
The Ironstone Condos is the most popular building out of 9 condos in the Corporate Drive neighbourhood
?
Market Insights
Transaction Insights at The Ironstone Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|---|
| Price Range | No Data | $535,000 | $489,450 - $530,000 | $609,000 - $640,000 | $530,000 - $642,500 |
| Avg. Cost Per Sqft | No Data | $757 | $877 | $701 | $665 |
| Price Range | No Data | $2,084 - $2,475 | $2,300 - $2,600 | $3,200 | $2,775 - $3,200 |
| Avg. Wait for Unit Availability | 760 Days | 92 Days | 31 Days | 99 Days | 111 Days |
| Avg. Wait for Unit Availability | No Data | 149 Days | 73 Days | 256 Days | 265 Days |
| Ratio of Units in Building | 2% | 23% | 47% | 15% | 15% |
Market Inventory
Total number of units listed and sold in Corporate Drive
