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502 - 2411 New Street

Downtown Burlington, Burlington

For Sale2411 New Street Condos

$409,990

Price Cut: $429,990

2 Beds

1 Bath

1 Parking

815 SQFT

26 Days on Strata

Est Sell Timeframe

5 Days

Listing History

Unit Highlights

Property Type:

Condo

Cost Per Sqft:

$503/sqft

Maintenance Fees:

$735/mth

Taxes:

$689 (2023)

Locker:

None

Outdoor Space:

Balcony

Exposure:

South West

Possession Date:

30, 60, 90

Buyer's Market

Balanced

Seller's Market

Maintenance Fees

Included

Heat

Water

Parking

Building Maintenance

Building Insurance

Excluded

Hydro

Air Conditioning

Unit Details

Air Conditioning: Window Unit
Heat Source: Gas
Heating: Radiant
Ensuite Laundry: Yes

Room Dimensions

Kitchen

Open Concept, Modern Kitchen, Eat-In Kitchen

7.81 x 8.4ft

Living

Walkout To Balcony, Combined with Dining, Open Concept

11.98 x 20.7ft

Dining

Walkout To Balcony, Combined with Living, Open Concept

8.3 x 6.5ft

About this Listing

Welcome to this charming & spacious 2 Bedroom condo In South Burlington which is perfect for first-time buyers, investors or downsizers! Open Concept living with a Generous Sized Living/Dining and an eat in kitchen. Walk out to your Large Balcony that has breathtaking views of Burlington. Situated just a short distance away from Downtown Burlington, easy highway access, close to shops, restaurants, amenities, library, YMCA, senior centre & public transit. The Condo also includes in-suite clothes washing machine and parking spot. Status Certificate is on hand.

ExtrasClose to QEW, HWY 5, Burlington Go Transit, the Lake Downthon Burlington, Parks, Ymca, Shopping, Restaurants & more. 1 Parking Spot (Ground). Owners currently have a locker. Lockers are provided by the condo board on an available basis.

re/max professionals inc.MLS® #W8257774

Amenities

Indoor Parking

BBQ

Security System

Bike Storage

Visitor Parking

Concierge

Nearby Amenities

5/10

Walkability

Halfway to a walker's paradise, you might want to invest in a hoverboard.

3/10

Transit

Transit's playing hard to get, but you might catch it with some charm.

8/10

Bikeability

So many bike racks, your ride will feel like a VIP everywhere.

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 2411 New Street Condos

Days on Strata

Units at 2411 New Street Condos 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 an

AVERAGE

chance of receiving

Multiple Offers

Turnover of Units

On average, each unit is owned for

11.4

YEARS before being sold again

Property Value

Increase in property value within the past twelve months

Price Ranking

26th

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

2411 New Street Condos offers the

best value out of 47 condos in the Downtown Burlington neighbourhood

Appreciation Rank

2411 New Street Condos has the

highest ROI out of 47 condos in the Downtown Burlington neighbourhood

Rental Yield

2411 New Street Condos yields the

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

High Demand

2411 New Street Condos is the

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

Transaction Insights at 2411 New Street

	1 Bed	2 Bed
Price Range	$367,000	$396,000 - $460,000
Avg. Cost Per Sqft	$530	$520
Price Range	No Data	No Data
Avg. Wait for Unit Availability	236 Days	100 Days
Avg. Wait for Unit Availability	680 Days	216 Days
Ratio of Units in Building	19%	82%

Maintenance Fees

2411 New Street Condos vs The Downtown Burlington Area

502 - 2411 New Street

Listing History

Unit Highlights

Maintenance Fees

Unit Details

Room Dimensions

About this Listing

Amenities

Nearby Amenities

Demographics

Price Trends

Building Trends At 2411 New Street Condos

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 2411 New Street

Maintenance Fees

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