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$549K · 1+1 bed Condo Apartment · Brant, Burlington | MyPropertyScout

$549,000

Unit 604

1+11TenantOccupied

Map

$549,000

Unit 604

500 Brock Avenue · Burlington · Ontario L7S 0A5

MLS® W12825198 · Brant · L7S 0A5

1+11TenantOccupied600-699 ft²Condo Apartment1-car Underground$845/ft²$2,740 tax/yrBuilt 20233 yrs old

Neighbourhood Range

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Experience refined lakefront living at the prestigious Illumina Condominiums, a luxury residence by the Molinaro Group completed in 2023. This bright and spacious 1-Bedroom + Den corner suite offers a modern open-concept layout with soaring 9-foot ceilings, floor-to-ceiling windows, and a private balcony showcasing beautiful lake and city views The designer kitchen features stainless steel appliances and contemporary finishes, while the versatile den is ideal for a home office or guest space.Per…

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Property details

MLS#: W12825198
Status: Buy Now
Beds: 1+1
Baths: 1 full, 0 half
Size: 600-699
Style: Apartment
Type: Condo Apartment
Year built: —

Property features: Arts Centre, Clear View, Lake/Pond, Library, Park, Hospital

Condo corp #: 773
Balcony: Enclosed
Locker: Owned
Association amenities: Bike Storage, Concierge, Exercise Room, Party Room/Meeting Room, Rooftop Deck/Garden, Recreation Room
Fees include: Heat Included, Building Insurance Included, CAC Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Lakeshore Road and Brock Avenue
Basement: None
Stories: 6
Utilities: —
Laundry: Ensuite
Interior: Other
Parking features: —

Rooms

Level	Room	Dimensions
Main	Bedroom	3.66m × 2.83m
Main	Den	2.41m × 1.8m
Main	Kitchen	2.71m × 2.44m
Main	Living Room	5.46m × 3.35m
Main	Bathroom	—

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: ROYAL LEPAGE CERTIFIED REALTY

Source: TRREB/PROPTX · MLS® W12825198

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$549K

Unit 604 · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $549,000✓ $2,740 tax✓ Gas✓ 600-699 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,933/mo

incl. closing costs (yr 1)

Annual total

$59,193

year 1

Mortgage only

$2,083/mo

principal + interest

Beyond mortgage

$1,770/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$109,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$228/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~650 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,490/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$55/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$7,455

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)42% $24,993/yr

Property taxes17% $10,195/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,490/yr

Condo fees13% $7,855/yr

Closing costs9% $5,100/yr

Mortgage is 42% of your true cost of ownership. The other 58% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$24,993	$2,083/mo
Government & taxes
Property tax	$2,740	$228/mo
Land transfer tax(closing)	$7,455	$621/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,490	$458/mo
Condo fees
Condo / HOA fees	$7,855	$655/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$59,193	$4,933/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 604

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs