809-1940 Ironstone Drive, Burlington, ON
Uptown, Burlington · MLS® W13759882
About this home
In short
- Welcome to Unit 809 at the prestigious Ironstone Condominiums, located at 1940 Ironstone Drive in desirable Uptown Burlington.
- This bright and spacious corner suite features 918 square feet of living space, including 2 bedrooms plus a versatile den and 2full bathrooms, thoughtfully upgraded...
- The primary bedroomfeatures double closets with stylish barn-style doors and a 4-piece ensuite bathroom.
Welcome to Unit 809 at the prestigious Ironstone Condominiums, located at 1940 Ironstone Drive in desirable Uptown Burlington.This bright and spacious corner suite features 918 square feet of living space, including 2 bedrooms plus a versatile den and 2full bathrooms, thoughtfully upgraded with stylish finishes throughout. The modern kitchen showcases white cabinetry, whitequartz countertops, a double under-mount sink, and a mosaic tile backsplash. The adjacent den has been cleverly converted intoan extended pantry and beverage station complete with beverage fridge and wine cooler-perfect for entertaining and everydayconvenience. Neutral grey vinyl flooring and upgraded lighting fixtures flow seamlessly throughout the suite. Floor-to-ceilingwindows fill the living spaces with natural light and lead to a large private balcony accessible from both the living room andsecond bedroom. A separate dining area provides a comfortable space for hosting and family meals. The primary bedroomfeatures double closets with stylish barn-style doors and a 4-piece ensuite bathroom. Additional conveniences include a stackedwasher and dryer, upgraded fixtures and finishes, one underground parking space, and a storage locker. Residents enjoy animpressive selection of building amenities including a fully equipped fitness centre, yoga room, games room, media room, library,party room, rooftop terrace with community BBQs, concierge service, contemporary lobby with fireplace and seating area, mailroom, and covered visitor parking. Ideally situated close to a wide variety of restaurants, cafés, shopping, and everyday services,with easy access to major highways, parks, walking trails, schools, a community recreation centre, and public transit. A fantasticopportunity to enjoy modern condo living in one of Burlington's most convenient neighbourhoods.
Key facts
- Property type
- Condo Apartment, 1 Storey/Apt
- MLS®
- W13759882
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 900-999 sq ft
- Cross streets
- Appleby / Upper middle
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Front, Stone
- Roof
- Flat
- Maintenance
- $873/mo
- Exposure
- North East
- Property tax
- $3,760 / 2026
- Days on market
- 36
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
3 Pc Bath
4 Pc Ensuite
Listed at $625,000. Going by how homes in Uptown and the wider GTA have actually closed against their asking prices (about 97%, 8 local closings in 90 days), the likely sale price is near $607K, if it sells. A realistic range is $571K to $656K.
Independent value check: $648K. Without looking at the asking price, our model values the home itself about 4% above the ask (homes like it typically land between $602K and $681K).
Why $648K. The typical condo sold in Uptown over the past year went for about $540K (47 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $3,760 a year; the typical home sold here pays about $3,200.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $607K, from 8 recent closings in this pocket.
The market behind the math:
About 2.6 months of inventory: 7 condo apartment homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $658/sqft against an area asking average of $652/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.
It never sees the asking price. The 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $565K. Condition and finishes remain an in-person call.
Based on 8 comparable homes that sold in Uptown over the past two years, from 92 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $648K, which is where my estimate comes from.
Per square foot, these ask about $626/sqft; this home lists at $658/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for condos in Burlington: $491K in September 2026, down 4% from a year ago, on 430 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Burlington as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $543K | 42 |
| November 2025 | $579K | 33 |
| December 2025 | $460K | 25 |
| January 2026 | $527K | 15 |
| February 2026 | $513K | 23 |
| March 2026 | $530K | 43 |
| April 2026 | $490K | 44 |
| May 2026 | $522K | 50 |
| June 2026 | $599K | 46 |
| July 2026 | $535K | 49 |
| August 2026 | $490K | 33 |
| September 2026 | $491K | 27 |
Neighbourhood & location
Uptown, Burlington, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $500,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,765
- Property tax
- $313
- Condo / maintenance fees
- $873
- Heating
- $0
- Estimated monthly cost
- $3,951
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,975
- Estimated closing costs
- $8,975
Plus your down payment of $125,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $165,875
- Principal paid down
- $61,091
- Interest paid
- $104,784
- Balance remaining
- $438,909
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 81 whole-home leases in Uptown signed at a median of $2,391 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,760. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.