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$495K · 1 bed Condo Apartment · Brant, Burlington | MyPropertyScout

$495,000

Unit 1407

11Vacant

Map

$495,000

Unit 1407

Strata · 551 Maple Avenue · Burlington · Ontario L7S 1M7

MLS® W12951804 · Brant · L7S 1M7

11Vacant600-699 ft²Condo Apartment1-car Underground$762/ft²$2,983 tax/yrBuilt 20188 yrs old

Neighbourhood Range

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About this home

Experience elevated living in the heart of downtown Burlington with this sophisticated 1-bedroom, 1-bathroom residence, complete with a private balcony and access to an exceptional collection of resort-style amenities. Designed with both elegance and comfort in mind, this suite showcases floor-to-ceiling windows, hardwood flooring, and a thoughtfully curated open-concept layout bathed in natural light. The chef-inspired kitchen is a statement in style, featuring granite countertops, a marble til…

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Property details

MLS#: W12951804
Status: Buy Now
Beds: 1
Baths: 1 full, 0 half
Size: 600-699
Style: Apartment
Type: Condo Apartment
Year built: —

Roof: Flat
Property features: Hospital, Public Transit, Arts Centre, Waterfront, Park, Rec./Commun.Centre

View: Panoramic, Skyline

Building name: Strata
Condo corp #: 608
Balcony: Open
Locker: Owned
Association amenities: Car Wash, Exercise Room, Game Room, Guest Suites, Party Room/Meeting Room, Rooftop Deck/Garden
Fees include: Common Elements Included, Heat Included, Building Insurance Included, Parking Included, Water Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Ground Source
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick, Stucco (Plaster) · Built-In-BBQ, Patio, Recreational Area, Controlled Entry, Hot Tub
Fronting on: —
Cross street: Lakeshore Rd to Maple Ave
Basement: None
Stories: 14
Utilities: —
Laundry: Laundry Closet, Ensuite
Interior: Auto Garage Door Remote, Sauna, Storage, Storage Area Lockers
Parking features: Underground

Rooms

Level	Room	Dimensions
Main	Foyer	1.42m × 2.74m
Main	Kitchen	1.42m × 2.16m
Main	Living Room	6.4m × 2.72m
Main	Primary Bedroom	4.52m × 2.69m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: Royal Lepage Real Estate Associates

Source: TRREB/PROPTX · MLS® W12951804

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$495K

Unit 1407 · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $495,000✓ $2,983 tax✓ Ground Source✓ 600-699 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,546/mo

incl. closing costs (yr 1)

Annual total

$54,553

year 1

Mortgage only

$1,878/mo

principal + interest

Beyond mortgage

$1,679/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$99,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$249/mo

Utilities

Hydro / electricity$75/mo

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

Ground Source$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%$4,950/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)$49/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,375

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)41% $22,535/yr

Property taxes17% $9,358/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,950/yr

Condo fees13% $7,051/yr

Closing costs9% $5,100/yr

Mortgage is 41% of your true cost of ownership. The other 59% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$22,535	$1,878/mo
Government & taxes
Property tax	$2,983	$249/mo
Land transfer tax(closing)	$6,375	$531/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Ground Source	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,950	$413/mo
Condo fees
Condo / HOA fees	$7,051	$588/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	$54,553	$4,546/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 1407

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs