106-4040 Upper Middle Road, Burlington, ON

Tansley, Burlington · MLS® W13729562

$419,900
For Sale
Just listed today
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Recently updated and superbly suited for seniors and entry buyers looking in Burlington! No elevator required-this ground-level, 1-bedroom plus Den (Battersea model) is the epitome of easy condo living and has a rare walkout to an extra-large private outdoor terrace, perfect for pet lovers and sun worshippers alike. Quiet, end-of-cul-de-sac building, located off of Tobyn Drive in desirable Tansley Woods, with walking trails, community centre and parks, only minutes from main travel routes. This unit has been upgraded recently with new luxury vinyl flooring throughout, hardware &designer paint. Bright and airy 10ft ceilings (only on 1st and 4th floors), 2 ceiling fans, extra large windows with coverings, Primary bedroom with ensuite privilege plus flexible separate den space for Office, TV area or extra guests(can accommodate wall bed). All stainless steel appliances, in-suite laundry, 1 underground parking spot and 1 locker included. Condo fee includes heat and water, building maintenance, snow removal, visitor parking, party room and more. Flexible possession available!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13729562
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Tobyn Drive/Kilmer
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Brick Front, Stucco (Plaster)
Foundation
Concrete
Roof
Flat
Maintenance
$634/mo
Exposure
South
Property tax
$2,254 / 2026
Listing brokerage
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Rooms

DenMain3.07 × 1.83 m

laminate · separate room

Primary BedroomMain3.65 × 2.47 m

4 pc ensuite · semi ensuite · overlook patio

Living RoomMain4.30 × 3.08 m

w/o to terrace · laminate · open concept

LaundryMain1.23 × 2.13 m

Tile Floor

KitchenMain2.16 × 2.25 m

stainless steel appl · breakfast bar · laminate

Our TakeTeam Asgarian · Broker
Room to negotiate
$372Kest. value

Listed at $419,900. My estimate lands at $372K. The ask is about 13% ahead of that, which usually means the seller is pricing in the finishes, the lot, or simply room to negotiate. Worth a close look at what justifies it before you offer.

List price
$357KBelow asking range$420KAbove asking range

Total price vs nearby homes. Fair value about $372K, median of 5 comparables.

The market behind the math:

This home
Below area avgAbove area avg

Price per square foot: this home lists at $646/sqft against an area asking average of $558/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 5 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $397K, a close match.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Primary suite: a key comfort and resale feature. Lifestyle
  • Elevator: rare and valuable for accessibility and resale. Lifestyle

Based on 5 comparable homes nearby.

What sellers nearby are askingCurrently listed nearby in Tansley · asking prices
$383kavg asking

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

319-4040 Upper Middle Road $614/sqft$399k406-4015 KILMER Drive $532/sqft$399k106-4003 Kilmer Drive $467/sqft$350k

Per square foot, these ask about $538/sqft; this home lists at $646/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
420kThis home399k399k350kThis home vs active comparables

Neighbourhood & location

Tansley, 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.

Nearby neighbourhoods

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

Uptown
$542K
Orchard
$518K
Alton
$475K
Brant Hills
$749K
Freeman
$440K

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
$1,914/mo
$94KIncome needed
4.4×Price ÷ income
$442Weekly 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 $1,914Property tax $188Condo fee $634Total carry $2,736

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 1, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,811per month

Mortgage amount $335,920 · 4.24% over 25 years

$83,980Down payment (20.0%)
$335,920Loan before insurance
$0CMHC premium
$2,633Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,811
Property tax
$188
Condo / maintenance fees
$634
Heating
$0
Estimated monthly cost
$2,633

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

One-time closing costs

Ontario land transfer tax
$4,873
Estimated closing costs
$4,873

Plus your down payment of $83,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$2,197/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

$207,375Total interest paid
$543,295Total of all payments
Principal $335,920 Interest $207,375
YearPrincipalInterestBalance
1$7,761$13,970$328,159
2$8,094$13,638$320,065
3$8,441$13,291$311,624
4$8,802$12,929$302,821
5$9,180$12,552$293,642
6$9,573$12,159$284,069
7$9,983$11,749$274,086
8$10,411$11,321$263,675
9$10,857$10,875$252,818
10$11,322$10,410$241,496
11$11,807$9,924$229,688
12$12,313$9,418$217,375
13$12,841$8,891$204,534
14$13,391$8,341$191,143
15$13,965$7,767$177,178
16$14,563$7,168$162,614
17$15,187$6,544$147,427
18$15,838$5,894$131,589
19$16,517$5,215$115,072
20$17,225$4,507$97,847
21$17,963$3,769$79,884
22$18,732$2,999$61,152
23$19,535$2,197$41,617
24$20,372$1,360$21,245
25$21,245$487$0

At the end of your 5-year term

Total paid over the term
$108,659
Principal paid down
$42,278
Interest paid
$66,381
Balance remaining
$293,642

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
2.7%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.

5.9%
Gross yield
− Property tax $2,254− Condo fees $7,611− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,429

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES. MLS®/PropTx.

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