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    1270 Maple Crossing Boulevard

    The Palace Condo
    Write a Review
    6for Sale
    1for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    20
    Number of Units:
    234
    Condo Completion:
    1990
    Condo Demand:
    Medium
    Unit Size Range:
    624 - 1,699 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for The Palace Condo

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    Amenities

    Sauna
    Bike Storage
    Media Room
    Guest Suites
    BBQs Allowed
    Squash Court

    Maintenance Fees

    Included
    Hydro
    Heat
    Water
    Excluded
    Air Conditioning

    About 1270 Maple Crossing BoulevardThe Palace Condo

    Incredible shopping, fantastic dining, beautiful natural scenery, commuter access — in short, 1270 Maple Crossing Blvd is a building for buyers who want it all.

    The Palace Condo stands 20 storeys tall on a small cul-de-sac, with a traditional brick frame and featuring large window bays. Occupancy began back in 1990, and the building has been remarkably well-maintained in the years since. The tower is surrounded by manicured grounds and established in a desirable stretch of Downtown Burlington.

    Condo residents have amazing neighbourhood amenities, but what’s offered on-site is also worth noting: Tennis and squash courts, an outdoor pool, saunas, a ground level sun deck with communal barbeques, a chic party room with a full-sized kitchen, guest suites, and a 24 hour concierge service.

    The Suites

    1270 Maple Crossing Blvd is home to 234 suites, available in an assortment of different layouts and exposures. Units start at 649 square feet for a 1 bedroom suite and can reach up to 1699 square feet for a 2 bedroom condo. Floor plans are available from 1 to 3 bedrooms and there are plus den units as well.

    While many would argue that age is just a number, age does imply variance here. Prospective buyers can expect to encounter hardwood flooring in most suites, but the odd unit could have carpet. Likewise, kitchens have great bones with wide cabinets and full sized appliances, but finishes depend on past occupants.

    The bedrooms are incredibly generous in these Burlington condos and provide far more living space compared to what’s typically offered in Toronto condos for sale. Unfortunately, these homes don’t have private balconies, but they do include large sunrooms.

    The Neighbourhood

    Downtown Burlington is a scenic locale with eclectic eateries, quaint boutiques, cafes, and breathtaking scenery along the waterfront. This affluent pocket is home to some of the largest houses in the province on Lake Shore Blvd, and yet, condos in the area are quite reasonable, especially for a waterfront neighbourhood.

    Residents of The Palace Condo are only minutes from Mapleview Shopping Centre — the largest mall in the region — for fashion boutiques, high-end brands, tech stores, and restaurants. There are several big box retailers close-by as well, such as IKEA and Costco Wholesale. Boutiques are sprinkled throughout the area on Brant St and there’s a collection of locally owned restaurants on Lakeshore Blvd.

    For recreation, there’s Spencer Smith Park less than a 15 minute walk from the condos for walking paths or bike trails. There are playgrounds, picnic benches, monuments, and the Lakeside Festival of Lights, which is beautiful at night. Families have nearby schools and daycares, and plenty of family friendly entertainment.

    Transportation

    Downtown Burlington is a scenic locale with eclectic eateries, quaint boutiques, cafes, and breathtaking scenery along the waterfront. This affluent pocket is home to some of the largest houses in the province on Lake Shore Blvd, and yet, condos in the area are quite reasonable, especially for a waterfront neighbourhood.

    Residents of The Palace Condo are only minutes from Mapleview Shopping Centre — the largest mall in the region — for fashion boutiques, high-end brands, tech stores, and restaurants. There are several big box retailers close-by as well, such as IKEA and Costco Wholesale. Boutiques are sprinkled throughout the area on Brant St and there’s a collection of locally owned restaurants on Lakeshore Blvd.

    For recreation, there’s Spencer Smith Park less than a 15 minute walk from the condos for walking paths or bike trails. There are playgrounds, picnic benches, monuments, and the Lakeside Festival of Lights, which is beautiful at night. Families have nearby schools and daycares, and plenty of family friendly entertainment.

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    6

    Listings For Sale

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    1

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    Explore Maple Beachway

    5/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    Unknown
    Transit
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    6,713
    Average Individual Income
    $75,539
    Average Household Size
    0 persons
    Average Age
    0
    Average Household Income
    $127,070
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    17%
    20 - 34
    20%
    35 - 49
    21%
    50 - 64
    22%
    65+
    17%
    Household Income
    $0 - $30,000
    42%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    11%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    65%
    Semi Detached
    22%
    Low Rise Apartment
    6%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    89%
    Other
    5%
    Mandarin
    2%
    Punjabi
    2%
    Urdu
    1%
    Cantonese
    1%
    Education
    High School
    30%
    University and Above
    27%
    College
    21%
    None
    14%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Architecture & Engineering
    20%
    Business Management
    20%
    Social Sciences
    15%
    Health & Related Fields
    12%
    Personal, Protective & Transportation Services
    5%
    Education
    5%
    Humanities
    4%
    Math & Computer Sciences
    4%
    Visual & Performing Arts
    4%
    Physical Sciences
    3%
    Agriculture & Natural Resources
    2%

    Maintenance Fees

    The Palace Condo vs The Maple Beachway Area

    Days on Strata

    Units at The Palace Condo spend an average of
    41
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Maple Beachway

    Turnover of Units

    On average, each unit is owned for
    16.6
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 27 condos in the Maple Beachway area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    The Palace Condo offers the
    ?
    best value out of 27 condos in the Maple Beachway neighbourhood

    Appreciation Rank

    The Palace Condo has the
    ?
    highest ROI out of 27 condos in the Maple Beachway neighbourhood

    Rental Yield

    The Palace Condo yields the
    ?
    highest rent prices out of 27 condos in the Maple Beachway neighbourhood

    High Demand

    The Palace Condo is the
    ?
    most popular building out of 27 condos in the Maple Beachway neighbourhood

    Transaction Insights at 1270 Maple Crossing Boulevard

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$455,000 - $485,000$518,000 - $610,000No DataNo DataNo Data
    Avg. Cost Per SqftNo Data$625$559No DataNo DataNo Data
    Avg. Wait for Unit Availability93 Days333 Days77 Days265 Days501 DaysNo Data
    Ratio of Units in Building25%7%51%12%7%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Maple Beachway