218-2110 Cleaver Avenue, Burlington, ON

Headon, Burlington · MLS® W13797144

$624,900
For Sale
Listed 5 days agoNo offer date stated
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
2Parking
1200-1399Sq ft

About this home

In short

  • Stunning, modern, fully renovated 2 bedroom, 2 bathroom townhome, backing onto a lush treed ravine in highly sought after Headon Forest.
  • This turn-key property offers 1280 sqft of functional open concept space.
  • The main level offers features buyers will love, including solid maple hardwood floors, smooth ceilings, pot lights, and a high-end custom kitchen with quartz...
  • This level is further highlighted by a beautiful built-in server/bar (matching the kitchen cabinets) in the dining room, a cozy gas fireplace and soaring vaulted...
  • Another showpiece is the hardwood staircase leading to the second level.

Stunning, modern, fully renovated 2 bedroom, 2 bathroom townhome, backing onto a lush treed ravine in highly sought after Headon Forest! This turn-key property offers 1280 sqft of functional open concept space. Large windows & skylights bathe the home in natural light, while surrounding trees & gardens provide serene views of nature. The main level offers features buyers will love, including solid maple hardwood floors, smooth ceilings, pot lights, and a high-end custom kitchen with quartz counters, a herringbone-style backsplash, wooden accent shelves & stainless steel appliances. This level is further highlighted by a beautiful built-in server/bar (matching the kitchen cabinets) in the dining room, a cozy gas fireplace and soaring vaulted ceiling in the living room. Double sliding doors provide light and a walkout to the scenic balcony where you can enjoy a morning coffee or a quiet afternoon with a good book. Practical features on this level include a 2 piece bathroom & coat closet. Another showpiece is the hardwood staircase leading to the second level. Here you will find a large open air primary bedroom, with a double closet and laundry with a barn door enclosure right outside the room. The second bedroom is a charming space that currently serves as a delightful nursery but could easily accommodate a full bed or act as an office space for working from home. Both bedrooms share an exquisite, luxury bathroom featuring a sleek transition-free entry into the large glass shower stall, a custom vanity with a natural wood countertop and perfectly selected fixtures. This home comes with 2 tandem parking spaces and a large storage locker (perfect for bikes, seasonal decor and winter tires). The complex is meticulously maintained, offering plenty of visitor parking. With easy access to schools, shopping, restaurants, coffee shops, walking trails and highways, you will find this property offers the best combination of luxury, peace and convenience!

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
W13797144
Bedrooms
2
Bathrooms
2 (1 half)
Size
1200-1399 sq ft
Cross streets
Upper Middle/Walkers
Parking
2 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front
Maintenance
$440/mo
Exposure
East West
Property tax
$2,963 / 2026
Days on market
5
Listing brokerage
RE/MAX Escarpment Realty Inc., Brokerage

Rooms

Bedroom 2Second3.80 × 3.54 m
Living RoomMain4.82 × 3.70 m
Primary BedroomSecond4.81 × 3.39 m
KitchenMain5.52 × 2.51 m
Dining RoomMain3.64 × 3.36 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$608Klikely sale price

Listed at $624,900. Going by how homes in Headon and the wider GTA have actually closed against their asking prices (about 97%, 9 local closings in 90 days), the likely sale price is near $608K, if it sells. A realistic range is $572K to $657K.

Independent value check: $567K. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $527K and $596K).

Why $567K. The typical townhouse sold in Headon over the past year went for about $742K (46 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $2,963 a year; the typical home sold here pays about $3,600.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers it2 bedrooms and 2 baths, against 3 and 3 typically.
List price
$572KBelow recent closings$657KAbove recent closings

Total price vs nearby homes. Likely closing about $608K, from 9 recent closings in this pocket.

The market behind the math:

9sold nearby · 90 days
$562Kmedian sold price
96%of asking, on average
−25%prices vs a year ago
~33 dayshomes like this take to sell
5days on market so far
$3,157/moest. rent · 5 leases
6.1%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3 months of inventory: 9 condo townhouse homes for sale in the area against 9 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 $481/sqft against an area asking average of $520/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
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 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $583K. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

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

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • 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
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($481/sqft) is below the area, so you are paying for extra space rather than a premium.

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

Based on 3 homes sold in this building over the past two years, plus 2 nearby in Headon, from 89 closings in Headon.

What sellers nearby are askingCurrently listed nearby in Headon · asking prices
$649kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $567K, which is where my estimate comes from.

Per square foot, these ask about $485/sqft; this home lists at $481/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
625kThis home650k549k709k675k660kThis home vs active comparables

Neighbourhood & location

Headon, 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.

Palmer
$583K
Tansley
$715K
Rose
$1.11M
Orchard
$999K
Mountainside
$630K

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
$2,848/mo
$128KIncome needed
4.9×Price ÷ income
$657Weekly cost
$8,973Land 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.

81%mortgage
Mortgage $2,848Property tax $247Condo fee $440Total carry $3,535

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,736per month

Mortgage amount $499,920 · 4.39% over 25 years

$124,980Down payment (20.0%)
$499,920Loan before insurance
$0CMHC premium
$3,423Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,736
Property tax
$247
Condo / maintenance fees
$440
Heating
$0
Estimated monthly cost
$3,423

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

One-time closing costs

Ontario land transfer tax
$8,973
Estimated closing costs
$8,973

Plus your down payment of $124,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,315/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

$321,010Total interest paid
$820,930Total of all payments
Principal $499,920 Interest $321,010
YearPrincipalInterestBalance
1$11,313$21,525$488,607
2$11,815$21,023$476,793
3$12,339$20,498$464,454
4$12,887$19,951$451,567
5$13,459$19,379$438,109
6$14,056$18,781$424,053
7$14,680$18,157$409,373
8$15,331$17,506$394,042
9$16,012$16,826$378,030
10$16,722$16,115$361,308
11$17,464$15,373$343,843
12$18,240$14,598$325,604
13$19,049$13,788$306,555
14$19,894$12,943$286,660
15$20,777$12,060$265,883
16$21,700$11,138$244,183
17$22,663$10,175$221,521
18$23,668$9,169$197,852
19$24,719$8,118$173,134
20$25,816$7,021$147,318
21$26,962$5,875$120,356
22$28,158$4,679$92,198
23$29,408$3,429$62,790
24$30,713$2,124$32,076
25$32,076$761$0

At the end of your 5-year term

Total paid over the term
$164,186
Principal paid down
$61,811
Interest paid
$102,375
Balance remaining
$438,109

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 5 whole-home leases in Headon$3,157/mo
$37,884Gross annual rent
4.0%Cap rate after taxes and upkeep
$2,779 to $3,536Typical rent range
~9 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 5 whole-home leases in Headon signed at a median of $2,802 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,157. 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.

6.1%
Gross yield
− Property tax $2,963− Condo fees $5,276− Insurance $600− Vacancy & upkeep $4,167Net operating income $24,878

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX Escarpment Realty Inc., Brokerage. MLS®/PropTx.

CallRequest a showing