209-1940 Ironstone Drive, Burlington, ON
Uptown, Burlington · MLS® W13791642
About this home
In short
- ELEVATED UPTOWN LIVING WITH SPACE, STYLE & TWO PRIVATE BALCONIES.
- Offering 2 bedrooms plus a versatile den and 2 three-piece bathrooms, this bright and spacious residence delivers an impressive combination of comfort, functionality...
- The thoughtfully designed interior features an airy open-concept layout enhanced by 9-foot ceilings, recently refreshed professional paint, rich hardwood flooring...
- The ensuite bathroom was renovated in 2024, adding a fresh, updated finish to the primary suite.
- Two well-appointed 3-piece bathrooms and convenient ensuite laundry further enhance the practical layout.
ELEVATED UPTOWN LIVING WITH SPACE, STYLE & TWO PRIVATE BALCONIES! Discover this exceptional corner suite at the sought-after Keystone Condos, ideally positioned in the heart of Uptown Burlington. Offering 2 bedrooms plus a versatile den and 2 three-piece bathrooms, this bright and spacious residence delivers an impressive combination of comfort, functionality, and outdoor living. The thoughtfully designed interior features an airy open-concept layout enhanced by 9-foot ceilings, recently refreshed professional paint, rich hardwood flooring, and expansive floor-to-ceiling windows that fill the home with natural light. At the centre of the living space, the contemporary kitchen is designed for both everyday living and entertaining, featuring a generous island with granite countertops, stainless steel appliances, stylish backsplash, under-cabinet lighting, and abundant cabinetry. New dishwasher and oven adding to the home's modern functionality. Both bedrooms are generously sized and offer direct access to their own private balconies. The second bedroom features a newly installed Murphy bed, providing a smart and flexible solution for guests, family, or a home office. The ensuite bathroom was renovated in 2024, adding a fresh, updated finish to the primary suite. Two well-appointed 3-piece bathrooms and convenient ensuite laundry further enhance the practical layout. Step outside your door and enjoy the convenience of Uptown Burlington, where residential living meets an outstanding selection of restaurants, cafés, retail, banking, schools, and everyday amenities. Outdoor enthusiasts will appreciate the extensive network of nearby hiking trails, while commuters benefit from convenient access to the QEW, Highway 407, and GO Train Station. A rare corner-unit opportunity offering generous interior space, two private balconies, thoughtful upgrades, and an unbeatable location - this is Uptown Burlington living at its finest
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13791642
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 2
- Size
- 900-999 sq ft
- Cross streets
- Appleby Line/Upper Middle Rd
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $873/mo
- Exposure
- South West
- Property tax
- $3,909 / 2026
- Days on market
- 29
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
hardwood floor · ceramic backsplash · stainless steel appl
hardwood floor · open concept · w/o to balcony
hardwood floor · window · w/o to balcony
3 pc bath · combined w/laundry · porcelain floor
hardwood floor · open concept
hardwood floor · 4 pc ensuite · w/o to balcony
hardwood floor · window · open concept
Listed at $599,000. 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 $581K, if it sells. A realistic range is $548K to $629K.
Independent value check: $609K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $567K and $640K).
Why $609K. 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 $3,909 a year; the typical home sold here pays about $3,200.
Total price vs nearby homes. Likely closing about $581K, from 8 recent closings in this pocket.
The market behind the math:
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.
Price per square foot: this home lists at $631/sqft against an area asking average of $650/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 $541K. Condition and finishes remain an in-person call.
What the listing highlights3 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
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. 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 11 homes sold in this building over the past two years, from 92 closings in Uptown.
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 $609K, which is where my estimate comes from.
Per square foot, these ask about $599/sqft; this home lists at $631/sqft. Size is part of the price story, not just the sticker.
The 4 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 $479,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,650
- Property tax
- $326
- Condo / maintenance fees
- $873
- Heating
- $0
- Estimated monthly cost
- $3,848
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,455
- Estimated closing costs
- $8,455
Plus your down payment of $119,800. 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
- $158,975
- Principal paid down
- $58,549
- Interest paid
- $100,425
- Balance remaining
- $420,651
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 11 whole-home leases in Uptown signed at a median of $2,422 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,919. 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 REALTRON REALTY INC.. MLS®/PropTx.