1401-2087 Fairview Street, Burlington, ON

Freeman, Burlington · MLS® W13435810

$449,900
For Sale
Listed 35 days ago
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2Bedrooms
2Bathrooms
1Garage
600-699Sq Ft

About this home

Welcome to this beautifully appointed 1 bedroom plus den condo located on sought-after Fairview Street in Burlington. This stylish and functional unit offers a bright open-concept layout, modern finishes, and a versatile den perfect for a home office, guest space, or additional living space. The unit also includes parking and a locker for added convenience. Enjoy an impressive list of building amenities, including a gym, pool, party room, outdoor terrace, and much more. Ideally situated close to shopping, restaurants, transit, highways, parks, and all the conveniences Burlington has to offer, this condo is the perfect opportunity for anyone looking for comfort, lifestyle, and convenience in a prime location.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13435810
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
600-699
Cross streets
Fairview St And Brant St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$645/mo
Exposure
East
Property tax
$2,853 / 2026
Days on market
35
Listing brokerage
RE/MAX PRESIDENT REALTY

Rooms

KitchenMain3.93 × 3.38 m

centre island · b/i stove

BedroomMain3.41 × 2.92 m
Living RoomMain2.95 × 3.38 m

balcony · closet

DenMain2.95 × 2.13 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$530Kest. value

Listed at $449,900, this home is about 15% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Below comparable homes on total price, yet the price per square foot ($693/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

There were not many closely comparable homes right in Freeman, so I widened the search to the surrounding area.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $474K, a bit lower.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $630K
  • Bedrooms +$30K
  • Bathrooms +$15K
  • Adjusts to $675K

That comparable adjusts to $675K; the $530K estimate above is the median of all 8 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, this is a very walkable address with everyday errands close by. Burlington Go Station is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$450KGreat deal$565KOverpriced

Total price vs nearby homes. Fair value about $530K, median of 8 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$444kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

403-1940 Ironstone Drive$440k1006-1940 Ironstone Drive$439k#115-1284 Guelph Line$450k1707-2081 Fairview Street$448kA614-3210 Dakota Common$441k

The 5 closest of 8 active listings nearby.

See all comparable homes
450kThis home440k439k450k448k441kThis home vs active comparables
Live market pulseActive comparables in Freeman · median list $520K
$693this home / sqft
6active listings nearby
35days on market

This home lists 3% above the area average of $670/sqft.

21 days longer than the Burlington average (14 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Freeman, Burlington, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

75/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Burlington Go Station, about 120 m away

20+ transit stops5 grocery20+ dining8 parks13 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Mountainside
$450K
Brant
$759K
Brant Hills
$588K
LaSalle
$500K
Palmer
$450K

Typical asking price of active listings of the same type, per area (outliers removed). Burlington.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,050/mo
$102KIncome needed
4.4×Price ÷ income
$473Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

70%mortgage
Mortgage $2,050Property tax $238Condo fee $645Total carry $2,933

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,921per month

Mortgage amount $359,920 · 4.14% over 25 years

$89,980Down payment (20.0%)
$359,920Loan before insurance
$0CMHC premium
$2,803Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,921
Property tax
$238
Condo / maintenance fees
$645
Heating
$0
Estimated monthly cost
$2,803

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$5,473
Estimated closing costs
$5,473

Plus your down payment of $89,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,333/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$216,280Total interest paid
$576,200Total of all payments
Principal $359,920 Interest $216,280
YearPrincipalInterestBalance
1$8,432$14,616$351,488
2$8,784$14,264$342,704
3$9,152$13,896$333,552
4$9,535$13,513$324,018
5$9,933$13,115$314,084
6$10,349$12,699$303,735
7$10,782$12,266$292,953
8$11,233$11,815$281,721
9$11,703$11,345$270,018
10$12,192$10,856$257,826
11$12,702$10,346$245,124
12$13,233$9,815$231,890
13$13,787$9,261$218,103
14$14,364$8,684$203,740
15$14,964$8,084$188,775
16$15,590$7,458$173,185
17$16,243$6,805$156,942
18$16,922$6,126$140,020
19$17,630$5,418$122,390
20$18,367$4,681$104,023
21$19,135$3,913$84,888
22$19,936$3,112$64,952
23$20,770$2,278$44,182
24$21,639$1,409$22,544
25$22,544$504$0

At the end of your 5-year term

Total paid over the term
$115,240
Principal paid down
$45,836
Interest paid
$69,404
Balance remaining
$314,084

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,050/mo
$24,600Gross annual rent
2.4%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.5%
Gross yield
− Property tax $2,853− Condo fees $7,743− Insurance $600− Vacancy & upkeep $2,706Net operating income $10,698

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PRESIDENT REALTY. MLS®/PropTx.

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