501-1980 Imperial Way, Burlington, ON

Uptown, Burlington · MLS® W13774426

$729,000
For Sale
Listed 34 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Welcome to one of North Burlington's most distinctive condo offerings, where builder-grade ends and true craftsmanship begins.
  • This fully renovated suite stands apart with high-end, thoughtfully curated finishes you simply won't find elsewhere in the building.
  • From the rich flooring to the plaster crown moulding and designer kitchen featuring granite counters w/breakfast bar, undermount LED lighting, and premium appliances...
  • The open-concept layout is anchored by a stunning oversized breakfast bar & custom brick veneer wall, perfect for entertaining or everyday living, seamlessly flowing...
  • This is the largest floor plan available, featuring 2 spacious bedrooms (Primary features walk-in closet & Ensuite bathroom) plus a versatile den currently set up as...

Welcome to one of North Burlington's most distinctive condo offerings, where builder-grade ends and true craftsmanship begins. This fully renovated suite stands apart with high-end, thoughtfully curated finishes you simply won't find elsewhere in the building. From the rich flooring to the plaster crown moulding and designer kitchen featuring granite counters w/breakfast bar, undermount LED lighting, and premium appliances, every detail has been elevated with purpose and style. Lutron light switches throughout match with elegant lighting choices.Over $32,000 spent in upgrades! The open-concept layout is anchored by a stunning oversized breakfast bar & custom brick veneer wall, perfect for entertaining or everyday living, seamlessly flowing into a bright and inviting living & dining space. Step out to your large private balcony and take in the rare, unobstructed northwest-facing views over lush greenspace, offering a peaceful and private backdrop that few units in the building can match.This is the largest floor plan available, featuring 2 spacious bedrooms (Primary features walk-in closet & Ensuite bathroom) plus a versatile den currently set up as a gym, but easily suited for a home office, guest space, or additional living area. Ideal for both young professionals and downsizers alike, this layout adapts to your lifestyle. The building features rooftop solar collectors which sell energy back to Hydro keeping condo fees low and Geo-thermal heating / AC ensures the lowest energy costs. EV charging available.Complete with 1 parking spot and a locker, this is turnkey condo living without compromise. Modern, unique, and surrounded by nature, yet close to everything Burlington has to offer.Opportunities like this are rare. Don't miss it!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13774426
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1200-1399 sq ft
Cross streets
Upper Middle Rd & Appleby Line
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$889/mo
Exposure
North West
Property tax
$4,356 / 2026
Days on market
34
Listing brokerage
HOUSESIGMA INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$707Klikely sale price

Listed at $729,000. 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 $707K, if it sells. A realistic range is $666K to $765K.

Independent value check: $738K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $687K and $776K).

Why $738K. 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 $4,356 a year; the typical home sold here pays about $3,200.
  • ▲ Raises it stronglyIt is 1,200 to 1,399 sq ft; the typical home sold here is 900 to 999.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$666KBelow recent closings$765KAbove recent closings

Total price vs nearby homes. Likely closing about $707K, from 8 recent closings in this pocket.

The market behind the math:

8sold nearby · 90 days
$543Kmedian sold price
96%of asking, on average
+5%prices vs a year ago
~27 dayshomes like this take to sell
34days on market so far
$3,255/moest. rent · 28 leases
5.4%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.9 months of inventory: 5 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.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $561/sqft against an area asking average of $664/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 $668K. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

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

Based on 5 homes sold in this building over the past two years, from 92 closings in Uptown.

What sellers nearby are askingCurrently listed nearby in Uptown · asking prices
$598kavg asking

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 $738K, which is where my estimate comes from.

Per square foot, these ask about $561/sqft; this home lists at $561/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
729kThis home599k640k575k625k549kThis home vs active comparables

Sold 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.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$543K42
November 2025$579K33
December 2025$460K25
January 2026$527K15
February 2026$513K23
March 2026$530K43
April 2026$490K44
May 2026$522K50
June 2026$599K46
July 2026$535K49
August 2026$490K33
September 2026$491K27

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.

Nearby neighbourhoods

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

Alton
$437K
Tansley
$405K
Orchard
$485K
Headon
$400K
Appleby
$640K

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
$3,323/mo
$159KIncome needed
4.6×Price ÷ income
$767Weekly cost
$11,055Land transfer tax, one-time (Ontario)
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.

73%mortgage
Mortgage $3,323Property tax $363Condo fee $889Total carry $4,575

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,225per month

Mortgage amount $583,200 · 4.49% over 25 years

$145,800Down payment (20.0%)
$583,200Loan before insurance
$0CMHC premium
$4,477Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,225
Property tax
$363
Condo / maintenance fees
$889
Heating
$0
Estimated monthly cost
$4,477

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

One-time closing costs

Ontario land transfer tax
$11,055
Estimated closing costs
$11,055

Plus your down payment of $145,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,903/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

$384,184Total interest paid
$967,384Total of all payments
Principal $583,200 Interest $384,184
YearPrincipalInterestBalance
1$13,015$25,681$570,185
2$13,605$25,090$556,580
3$14,223$24,472$542,357
4$14,869$23,826$527,488
5$15,544$23,151$511,944
6$16,250$22,445$495,694
7$16,988$21,708$478,706
8$17,759$20,936$460,947
9$18,565$20,130$442,382
10$19,408$19,287$422,974
11$20,289$18,406$402,684
12$21,211$17,485$381,474
13$22,174$16,522$359,300
14$23,181$15,515$336,119
15$24,233$14,462$311,886
16$25,333$13,362$286,553
17$26,484$12,212$260,070
18$27,686$11,009$232,384
19$28,943$9,752$203,441
20$30,257$8,438$173,183
21$31,631$7,064$141,552
22$33,067$5,628$108,485
23$34,568$4,127$73,917
24$36,138$2,557$37,779
25$37,779$917$0

At the end of your 5-year term

Total paid over the term
$193,477
Principal paid down
$71,256
Interest paid
$122,220
Balance remaining
$511,944

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
From 28 whole-home leases in Uptown$3,255/mo
$39,060Gross annual rent
2.6%Cap rate after taxes and upkeep
$3,092 to $3,418Typical rent range
~29 daysTo find a tenant, on average

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

Talk about the numbers

The last 28 whole-home leases in Uptown signed at a median of $2,895 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,255. 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.

5.4%
Gross yield
− Property tax $4,356− Condo fees $10,673− Insurance $600− Vacancy & upkeep $4,297Net operating income $19,135

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOUSESIGMA INC.. MLS®/PropTx.

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