609-1940 Ironstone Drive, Burlington, ON

Uptown, Burlington · MLS® W13527094

$659,000
For Sale
Listed 11 days ago
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3Bedrooms
2Bathrooms
2Garage
900-999Sq Ft

About this home

Welcome to Suite 609 - where carefree condominium living meets rare, upscale design in Burlington's highly desirable Uptown. This sun-drenched 2-bedroom plus den, 2-bath residence spans 906 sq. ft. of beautifully curated interior space, seamlessly expanding onto an extra ordinary, rare 20' x 8' oversized private terrace overlooking a serene rooftop garden. Basking in natural light, the bright, open-concept layout boasts soaring 9-foot ceilings, large windows, and a suite of sophisticated upgrades, including newer flooring, stylish light fixtures, custom drapery in the dining room and a sleek, modernized kitchen with updated cabinetry and countertops. Built for effortless convenience, this suite uniquely includes two separately deeded underground parking spaces and a storage locker. Situated just minutes from the Appleby GO Station, major highways, and Burlington's vibrant waterfront, you are steps from premier shopping, dining, and parks. A rare offering of comfort, style, and unparalleled convenience.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13527094
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
900-999
Cross streets
Appleby Line/Upper Middle Rd
Parking
2 garage (underground)
Basement
None, Partial Basement, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$948/mo
Exposure
North East
Property tax
$3,924 / 2026
Days on market
11
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Bedroom 2Flat3.30 × 2.67 m

vinyl floor · mirrored closet · window

FoyerFlat2.44 × 1.71 m

vinyl floor · closet

DenFlat1.70 × 2.24 m

vinyl floor · open concept

Living RoomFlat3.27 × 3.19 m

vinyl floor · large window · w/o to terrace

Primary BedroomFlat3.37 × 3.14 m

vinyl floor · mirrored closet · 4 pc ensuite

KitchenFlat2.68 × 3.10 m

stone counters · breakfast bar · backsplash

Dining RoomFlat2.44 × 2.72 m

vinyl floor · separate room · window floor to ceiling

Moe’s TakeTeam Asgarian · Broker
In line
$672Kest. value

Listed at $659,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $671K, a close match.

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 $530K
  • Size difference +$68K
  • Bedrooms +$30K
  • Bathrooms +$15K
  • Adjusts to $642K

That comparable adjusts to $642K; the $672K estimate above is the median of all 9 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. Appleby at Upper Middle is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$642KGreat deal$683KOverpriced

Total price vs nearby homes. Fair value about $672K, median of 9 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Uptown · asking prices
$610kavg asking

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

804-1998 Ironstone Drive$650k409-5001 Corporate Drive$650k305-2045 Appleby Line$530k

The 3 closest active listings nearby.

See all comparable homes
659kThis home650k650k530kThis home vs active comparables
Live market pulseActive comparables in Uptown · median list $650K
$694this home / sqft
6active listings nearby
11days on market

This home lists 8% above the area average of $645/sqft.

3 days faster 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

Uptown, 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

83/ 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: Appleby at Upper Middle, about 52 m away

20+ transit stops3 grocery20+ dining15 parks18 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.

Tansley
$397K
Palmer
$450K
Orchard
$423K
Alton
$446K
Appleby
$770K

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
$3,004/mo
$146KIncome needed
4.5×Price ÷ income
$693Weekly 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 $3,004Property tax $327Condo fee $948Total carry $4,279

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)
$2,813per month

Mortgage amount $527,200 · 4.14% over 25 years

$131,800Down payment (20.0%)
$527,200Loan before insurance
$0CMHC premium
$4,088Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,813
Property tax
$327
Condo / maintenance fees
$948
Heating
$0
Estimated monthly cost
$4,088

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

One-time closing costs

Ontario land transfer tax
$9,655
Estimated closing costs
$9,655

Plus your down payment of $131,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,417/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

$316,800Total interest paid
$844,000Total of all payments
Principal $527,200 Interest $316,800
YearPrincipalInterestBalance
1$12,350$21,410$514,850
2$12,867$20,893$501,982
3$13,405$20,355$488,577
4$13,966$19,794$474,611
5$14,550$19,210$460,061
6$15,159$18,601$444,902
7$15,793$17,967$429,109
8$16,453$17,307$412,656
9$17,142$16,618$395,514
10$17,859$15,901$377,655
11$18,606$15,154$359,050
12$19,384$14,376$339,666
13$20,195$13,565$319,471
14$21,039$12,721$298,432
15$21,920$11,841$276,512
16$22,836$10,924$253,676
17$23,792$9,968$229,884
18$24,787$8,973$205,097
19$25,824$7,936$179,274
20$26,904$6,856$152,370
21$28,029$5,731$124,341
22$29,201$4,559$95,140
23$30,423$3,337$64,717
24$31,695$2,065$33,021
25$33,021$739$0

At the end of your 5-year term

Total paid over the term
$168,800
Principal paid down
$67,139
Interest paid
$101,661
Balance remaining
$460,061

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$3,050/mo
$36,600Gross annual rent
2.5%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.

5.6%
Gross yield
− Property tax $3,924− Condo fees $11,379− Insurance $600− Vacancy & upkeep $4,026Net operating income $16,671

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

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