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$549K · 2 bed Common Element Condo · Freeman, Burlington | MyPropertyScout

$549,000

Unit 1404

18 DOM

2218d

Map

DOM 18

$549,000

A●●○○○DOM18days

Unit 1404

Paradigm Grand · 2087 Fairview Street · Burlington · Ontario L7R 0E5

MLS® W13437692 · Freeman · L7R 0E5

22Vacant800-899 ft²Common Element Condo1-car Underground18d$646/ft²$3,288 tax/yr

14% below market · regional est. · 18 days on market

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

About this home

Welcome to unit 1404 at 2087 Fairview St, a bright and beautifully maintained 2 bedroom, 2 bathroom condo with Southwest facing views in Burlington's Freeman community. Designed for comfortable everyday living, this thoughtfully laid out suite features an open concept living and dining area filled with natural light, a modern kitchen, and two private balconies that offer the perfect spot to enjoy your morning coffee, unwind at end of day or take in sunset.Ideally located just minutes from GO Sta…

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Property details

MLS#: W13437692
Status: Buy Now
Beds: 2
Baths: 2 full, 0 half
Size: 800-899
Style: Apartment
Type: Common Element Condo
Year built: —

Roof: Flat
Foundation: Concrete

Building name: Paradigm Grand
Condo corp #: 703
Balcony: Open
Locker: Owned
Association amenities: Exercise Room, Guest Suites, Indoor Pool, Media Room, Party Room/Meeting Room, Rooftop Deck/Garden
Fees include: Heat Included, Common Elements Included, Building Insurance Included, Water Included, Parking 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: Concrete Poured · Controlled Entry
Fronting on: —
Cross street: Fairview and Brant
Basement: None
Stories: 14
Utilities: —
Laundry: In-Suite Laundry
Interior: Carpet Free
Parking features: Underground

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room dimensions are not available for this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: ENGEL & VOLKERS TORONTO CITY

Source: TRREB/PROPTX · MLS® W13437692

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$549K

Unit 1404 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $549,000✓ $3,288 tax✓ Gas✓ 800-899 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,119/mo

incl. closing costs (yr 1)

Annual total

$61,429

year 1

Mortgage only

$2,083/mo

principal + interest

Beyond mortgage

$1,957/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$274/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~850 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)$66/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)41% $24,993/yr

Property taxes17% $10,743/yr

Utilities6% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,490/yr

Condo fees16% $9,543/yr

Closing costs8% $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)	$24,993	$2,083/mo
Government & taxes
Property tax	$3,288	$274/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	$9,543	$795/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	$61,429	$5,119/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 1404

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs