5070 Fairview Street, Unit 412, Burlington, ON

$550,000
MLS#:W9390039
1 beds
2 baths
900-999 sqft
1.0 parking
Residential Condo & Other
5070 Fairview Street 412, Burlington, ON L7L 0B8
⚠️

Property no longer active

This property was sold on October 21, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Appleby. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $550,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 2 Bathrooms
  • Generous living space spanning 900-999 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to Terraces in the Village, Spacious East facing 1 bed 2 bath Unit Located steps away from the Go Station, offering a spacious open-concept living area filled with natural light, leading to a private balcony perfect for relaxing. The primary bedroom features a walk in closet and an ensuite bathroom, and a second bathroom convenient for guests.

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Property Summary

This condo apartment located at 5070 Fairview Street, Burlington is currently for sale and has been available on SousaSells for 666 days. This property is listed at $550,000 with an estimated mortgage of $1,831* per month. It has 1 bed, 2 bathrooms, and is 900-999 square feet. 5070 Fairview Street, Burlington is in the Appleby neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Appleby, Burlington.

Great for Small Household / Couples
What We Love About This Home
  • 1 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 900-999 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Burlington.

Target Buyer Match

Key Features

Bedrooms
1
Bathrooms
2
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateOctober 21, 2024
Sold price information is available to members only
Listed Date10/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Other
BasementNone
CountyHalton
Annual Tax$2,763.65

Parking & Garage

Parking Total1.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Primary Bedroom - Main Floor

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 5070 Fairview Street, Unit 412, Burlington, ON

Q.What is the asking price for 5070 Fairview Street, Unit 412, Burlington, ON ?

The current listing price for 5070 Fairview Street, Unit 412, Burlington, ON in Appleby, Burlington is $550,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 1 bedroom and 2 bathrooms across approximately 900-999 sqft.

Q.What property type and architectural style is 5070 Fairview Street, Unit 412, Burlington, ON ?

5070 Fairview Street, Unit 412, Burlington, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Primary Bedroom - Main Floor.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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5070 Fairview Street, Unit 412, Burlington, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 5070 Fairview Street 412, Burlington, ON L7L 0B8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Burlington.

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Interest Rate4.00%
Down Payment$165,000 (30.0%)
* Minimum Canadian down payment required for this price is $30,000.
Amortization Period30 Years
Estimated Monthly Payment$1,831Based on a loan of $385,000 over 30 years.
Purchase Price$550,000
Loan Amount$385,000
Provincial Land Transfer Tax:$7,475
Total Estimated Closing Taxes:$7,475

About Purchasing a Home in Burlington, ON

For a property listed at $550,000 in Burlington, the legal minimum down payment is $30,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,475 for this transaction. As this listing is in Burlington (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,475.

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Appleby, Burlington Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Appleby, Burlington.

Verified Local Data
City Population186,948
City Median Age42.6 Yrs
City Ownership78% Owners
Avg Area List Price$975,733

People & Families

Age Distribution

Household Composition

One-person households
24%
Families with children
44%
Couples without children
28%
Other households
4%

Top Ethnic Origins

English31%
Canadian24%
Scottish22%
Irish21%

Best Schools in Appleby, Burlington

Elementary Schools

Ascension
Public5205 New Street, Burlington, Ontario, L7L 1V3
7.4
Frontenac
Public5140 Pinedale Avenue, Burlington, Ontario, L7L 3V4
8.1
Mohawk Gardens
Public5280 Spruce Avenue, Burlington, Ontario, L7L 1N3
4.7
St Patrick
Public200 Kenwood Avenue, Burlington, Ontario, L7L 4L8
5.9
Pineland
PublicPineland Avenue, Burlington, Ontario, L7L 1M4
8.8

Secondary Schools

Nelson
Public4181 New Street, Burlington, Ontario, L7L 1T3
8.2
Assumption
Public3230 Woodward Avenue, Burlington, Ontario, L7N 3P1
7.7
Corpus Christi
Public5150 Upper Middle Road, Burlington, Ontario, L7L 0E5
8.1

Appleby, Burlington Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.