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    315 - 551 Maple Avenue

    For SaleStrata Condos
    $649,900
    1 Bed
    1 Bath
    1 Parking
    729 SQFT
    28 Days on Strata
    Est Sell Timeframe
    5 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $891/sqft
    Maintenance Fees:
    $632/mth
    Taxes:
    $2,981 (2023)
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    Flexible
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Ground Source
    Heating
    Forced Air
    Ensuite Laundry
    No

    Room Dimensions

    Kitchen
    10.01 x 7.91ft
    Living
    18.5 x 11.68ft
    Prim Bdrm
    14.57 x 9.84ft

    About this Listing

    Luxury living in the sought after Strata. This beautiful 1 bedroom, 1 bath condo features a large kitchen with upgraded cabinets, granite countertops and S/S appliances. Open concept living with new flooring throughout, patio doors leading to your private east facing balcony and a spacious master bedroom with floor to ceiling windows and large walk-in closet. Amenities include indoor pool and hot tub on the 22nd floor with panoramic views of Burlington, Hamilton and Lake Ontario, fully equipped gym, games/party rooms and rooftop patios. Minutes from Spencer Smith Park, Mapleview Mall, QEW/403/407 and Burlington GO. Parking (B-105), Locker (1-9).

    royal lepage burloak real estate servicesMLS® #W8198632


    Amenities

    Visitor Parking
    Indoor Pool
    Bike Storage
    Party Room
    Indoor Parking
    Car Wash

    Nearby Amenities

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    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
    39
    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
    9%
    Duplex
    3%
    Low Rise Apartment
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    92%
    Other
    6%
    Spanish
    1%
    Punjabi
    1%
    Education
    University and Above
    30%
    High School
    28%
    College
    22%
    None
    12%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    21%
    Architecture & Engineering
    18%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Humanities
    6%
    Math & Computer Sciences
    6%
    Education
    6%
    Personal, Protective & Transportation Services
    5%
    Physical Sciences
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    2%

    Days on Strata

    Units at Strata Condos spend an average of
    32
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    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
    6.7
    YEARS before being sold again

    Property Value

    3%
    Increase in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 47 condos in the Downtown Burlington area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    12
    Units were Rented over the past twelve months

    Best Value Rank

    Strata Condos offers the
    ?
    best value out of 47 condos in the Downtown Burlington neighbourhood

    Appreciation Rank

    Strata Condos has the
    ?
    highest ROI out of 47 condos in the Downtown Burlington neighbourhood

    Rental Yield

    Strata Condos yields the
    ?
    highest rent prices out of 47 condos in the Downtown Burlington neighbourhood

    High Demand

    Strata Condos is the
    ?
    most popular building out of 47 condos in the Downtown Burlington neighbourhood

    Transaction Insights at 551 Maple Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$595,000 - $650,000$661,000 - $709,500$805,000 - $890,000No DataNo Data
    Avg. Cost Per Sqft$824$839$799No DataNo Data
    Avg. Wait for Unit Availability165 Days317 Days102 Days40 Days712 Days
    Ratio of Units in Building34%17%43%4%4%

    Maintenance Fees

    Strata Condos vs The Downtown Burlington Area

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