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    Burlington / Maple Beachway

    1301 - 500 Brock Ave

    For SaleIllumina Condos
    $629,999
    1 Bed
    1 Bath
    1 Parking
    637 SQFT
    16 Days on Strata
    Est Sell Timeframe
    29 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $611/mth
    Taxes:
    $0 (2024)
    Cost Per Sqft:
    $989/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    Flexible
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    10.99 x 14.76ft
    Kitchen
    6.5 x 10.01ft
    Prim Bdrm
    9.25 x 12.5ft

    About this Listing

    Experience luxury living at the Illumina Condominium in downtown Burlington, a prestigious development by Molinaro Group completed in 2023. This residence epitomizes convenience with an impressive 86 WalkScore, placing it mere steps fromthe lake, Spencer Smith Park, and the upscale shops/restaurants along Brant St. Inside, discover a stunning kitchen with stainless steel appliances, a master bedroom featuring custom closets, oversized 4-pce bathroom, and 9-foot ceilings throughout. Step onto your private balcony to soak in breathtaking views of Lake Ontario. This Building offers exceptional amenities including the hotel-inspired lobby, attentive 24/7 concierge service, party and games rooms, a rooftop patio with BBQs and lake views, secure bike storage, and a fully equipped gym. This unit comes complete with one locker and an underground parking spot. Professionally interior designed- all furniture is negotiable.

    ExtrasFridge, Stove, Dishwasher, Washer, Dryer, Window Coverings, Electrical Light Fixtures. Furniture Negotiable.

    royal lepage burloak real estate servicesMLS® #W10409981

    Amenities

    Party Room
    Visitor Parking
    Concierge
    Gym Room
    Guest Suites
    Indoor Parking

    Explore Neighbourhood

    Unknown
    Walkability
    Unknown
    Transit
    Unknown
    Bikeability

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    Illumina Condos vs The Maple Beachway Area

    Building Trends At Illumina Condos

    Days on Strata

    Units at Illumina Condos spend an average of
    20
    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
    N/A
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 27 condos in the Maple Beachway area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    10
    Units were Rented over the past twelve months

    Best Value Rank

    Illumina Condos offers the
    ?
    N/A
    best value out of 27 condos in the Maple Beachway neighbourhood

    Appreciation Rank

    Illumina Condos has the
    ?
    N/A
    highest ROI out of 27 condos in the Maple Beachway neighbourhood

    Rental Yield

    Illumina Condos yields the
    ?
    N/A
    highest rent prices out of 27 condos in the Maple Beachway neighbourhood

    High Demand

    Illumina Condos is the
    ?
    N/A
    most popular building out of 27 condos in the Maple Beachway neighbourhood

    Transaction Insights at 492-500 Brock Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$550,000 - $620,000$740,000$760,000 - $975,000$799,000No Data
    Avg. Cost Per Sqft$938$942$820$788No Data
    Avg. Wait for Unit Availability66 DaysNo Data72 DaysNo DataNo Data
    Ratio of Units in Building32%7%44%13%7%

    Transactions vs Inventory

    Total number of units listed and sold in Maple Beachway