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    Burlington / Palmer

    206 - 1284 Guelph Line

    For SaleThe Mod'rn Condominium
    $449,900
    1 Bed
    1 Bath
    1 Parking
    508 SQFT
    2 Days on Strata
    Est Sell Timeframe
    11 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $463/mth
    Taxes:
    $1,990 (2023)
    Cost Per Sqft:
    $886/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    30/60/90/TBA
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Walkout To Balcony
    14.11 x 12.14ft
    Dining
    Combined with Living, Open Concept
    14.11 x 12.14ft
    Kitchen
    Stainless Steel Appliances
    8.86 x 8.53ft

    About this Listing

    Award Winning Condo By Adi Developments. Amenities Include A Landscaped Rooftop Terrace With Dining Areas, Bbq's, Lounge Seating Area With Fire Pit. Party Room With Kitchen, Games Room And Fireplace Lounge. Beautifully Appointed With Granite, Plank Laminate In Living Space, 9Ft Ceilings And Energy Efficient Floor To Ceiling Windows, Stylish 1 Bedroom 1 Bathroom Condo Located In Burlington's "Modern" Condominium. Complete With Locker And 1 Underground Parking Spot. Includes In-Suite Laundry And Stainless Steel Appliances. Enjoy The Party Room, Roof Top Terrace With Bbq And Views Of The Lake. Just Move In!

    ExtrasFridge, Stove, B/I Dw, Washer & Dryer (2022), Electric Light Fixtures.

    royal lepage new conceptMLS® #W9355598

    Amenities

    Rooftop Deck
    BBQ
    Rec Room
    Bike Storage
    Games Room
    Security System

    Explore Neighbourhood

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    Unknown
    Transit
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

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

    Population
    4,172
    Average Individual Income
    $73,781
    Average Household Size
    0 persons
    Average Age
    0
    Average Household Income
    $127,569
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    18%
    20 - 34
    15%
    35 - 49
    23%
    50 - 64
    21%
    65+
    20%
    Household Income
    $0 - $30,000
    40%
    $30,000+
    22%
    $60,000+
    18%
    $90,000+
    11%
    $125,000+
    6%
    Housing Types & Tenancy
    Detached
    68%
    High Rise Apartment
    13%
    Semi Detached
    12%
    Low Rise Apartment
    2%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    95%
    Other
    4%
    Urdu
    1%
    Education
    High School
    29%
    University and Above
    25%
    College
    25%
    None
    13%
    Apprenticeship
    5%
    University Below Batchelor
    1%
    Major Field of Study
    Architecture & Engineering
    21%
    Business Management
    19%
    Social Sciences
    15%
    Health & Related Fields
    10%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Education
    5%
    Visual & Performing Arts
    4%
    Physical Sciences
    3%
    Agriculture & Natural Resources
    2%

    Price Trends

    Maintenance Fees

    The Mod'rn Condominium vs The Palmer Area

    Building Trends At The Mod'rn Condominium

    Days on Strata

    Units at The Mod'rn Condominium spend an average of
    52
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    5.9
    YEARS before being sold again

    Property Value

    -11%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 20 condos in the Palmer area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    The Mod'rn Condominium offers the
    ?
    best value out of 20 condos in the Palmer neighbourhood

    Appreciation Rank

    The Mod'rn Condominium has the
    ?
    highest ROI out of 20 condos in the Palmer neighbourhood

    Rental Yield

    The Mod'rn Condominium yields the
    ?
    highest rent prices out of 20 condos in the Palmer neighbourhood

    High Demand

    The Mod'rn Condominium is the
    ?
    most popular building out of 20 condos in the Palmer neighbourhood

    Transaction Insights at 1284 Guelph Line

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$409,000 - $440,000No DataNo DataNo Data
    Avg. Cost Per Sqft$705No DataNo DataNo Data
    Avg. Wait for Unit Availability109 Days99 Days428 DaysNo Data
    Ratio of Units in Building43%43%13%2%

    Transactions vs Inventory

    Total number of units listed and sold in Palmer