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201 - 1270 Maple Crossing Boulevard

Downtown Burlington, Burlington

For SaleThe Palace Condo

$649,000

2 Beds

2 Bath

1 Parking

1,061 SQFT

71 Days on Strata

Est Sell Timeframe

4 Days

Listing History

Unit Highlights

Property Type:

Condo

Cost Per Sqft:

$612/sqft

Maintenance Fees:

$932/mth

Taxes:

$2,335 (2023)

Locker:

Exclusive

Outdoor Space:

None

Exposure:

East

Possession Date:

March 1, 2024

Buyer's Market

Balanced

Seller's Market

Maintenance Fees

Included

Hydro

Heat

Air Conditioning

Water

Parking

Building Maintenance

Building Insurance

Excluded

None

Unit Details

Air Conditioning: Central Air
Heat Source: Other
Heating: Heat Pump
Ensuite Laundry: No

Room Dimensions

Kitchen

10.17 x 9.02ft

Dining

14.6 x 9.25ft

Living

14.4 x 11.98ft

About this Listing

Discover the charm of contemporary living in this thoughtfully designed 2-bedroom, 2-bathroomapartment within The Palace condominium at 1270 Maple Crossing Blvd, nestled in the heart of vibrant Burlington. This tastefully renovated residence offers modern conveniences and a timeless style that you'll appreciate. Beautifully Upgraded: This apartment has been thoughtfully renovated, featuring a stylish quartz countertop and stainless-steel appliances that enhance the kitchens functionality and aesthetic appeal.

Extras24hours security guard, inground swimming pool, squash and racquetball courts, a fitness room, sauna, party room, tennis courts, barbecue area and guest suits*For Additional Property Details Click The Brochure Icon Below*

ici source real asset services inc.MLS® #W8076470

Amenities

Visitor Parking

Bike Storage

Media Room

Tennis Court

Party Room

Indoor Parking

Nearby Amenities

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.

Demographics

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

Population

10,615

Average Individual Income

$84,648

Average Household Size

3 persons

Average Age

Average Household Income

$142,041

Dominant Housing Type

Detached

Population By Age

Household Income

Housing Types & Tenancy

Detached

65%

Semi Detached

18%

High Rise Apartment

Duplex

Low Rise Apartment

Marital Status

Commute

Languages (Primary Language)

English

92%

Other

Spanish

Punjabi

Education

University and Above

30%

High School

28%

College

22%

None

12%

Apprenticeship

University Below Batchelor

Major Field of Study

Business Management

21%

Architecture & Engineering

18%

Social Sciences

13%

Health & Related Fields

12%

Humanities

Math & Computer Sciences

Education

Personal, Protective & Transportation Services

Physical Sciences

Visual & Performing Arts

Agriculture & Natural Resources

Price Trends

Building Trends At The Palace Condo

Days on Strata

Units at The Palace Condo spend an average of

Days on Strata

based on recent sales

List vs Selling Price

On average, these condos sell for

below

the list price.

Offer Competition

Condos in this building have a

LOW

chance of receiving

Multiple Offers

Turnover of Units

On average, each unit is owned for

17.1

YEARS before being sold again

Property Value

-2%

Decrease in property value within the past twelve months

Price Ranking

16th

Highest price per SQFT out of 47 condos in the Downtown Burlington area

Sold Units

Units were Sold over the past twelve months

Rented Units

Units were Rented over the past twelve months

Best Value Rank

The Palace Condo offers the

best value out of 47 condos in the Downtown Burlington neighbourhood

Appreciation Rank

The Palace Condo has the

highest ROI out of 47 condos in the Downtown Burlington neighbourhood

Rental Yield

The Palace Condo yields the

highest rent prices out of 47 condos in the Downtown Burlington neighbourhood

High Demand

The Palace Condo is the

most popular building out of 47 condos in the Downtown Burlington neighbourhood

Transaction Insights at 1270 Maple Crossing Boulevard

	1 Bed	1 Bed + Den	2 Bed	2 Bed + Den	3 Bed	3 Bed + Den
Price Range	$489,000 - $495,000	No Data	$499,900 - $630,000	$575,000	No Data	No Data
Avg. Cost Per Sqft	$765	No Data	$577	$610	No Data	No Data
Price Range	$2,600	$2,400	$2,900 - $2,950	$2,900	No Data	No Data
Avg. Wait for Unit Availability	152 Days	405 Days	86 Days	221 Days	501 Days	No Data
Avg. Wait for Unit Availability	259 Days	572 Days	151 Days	521 Days	No Data	No Data
Ratio of Units in Building	25%	8%	50%	13%	7%	1%

Maintenance Fees

The Palace Condo vs The Downtown Burlington Area

201 - 1270 Maple Crossing Boulevard

Listing History

Unit Highlights

Maintenance Fees

Unit Details

Room Dimensions

About this Listing

Amenities

Nearby Amenities

Demographics

Price Trends

Building Trends At The Palace Condo

Days on Strata

List vs Selling Price

Offer Competition

Turnover of Units

Property Value

Price Ranking

Sold Units

Rented Units

Best Value Rank

Appreciation Rank

Rental Yield

High Demand

Transaction Insights at 1270 Maple Crossing Boulevard

Maintenance Fees

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