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    Burlington / Corporate Drive

    225 - 1940 Ironstone Dr

    For SaleThe Ironstone Condos
    $599,900
    1 Bed + 1
    2 Bath
    2 Parking
    700 - 799 SQFT
    37 Days on Strata
    Est Sell Timeframe
    8 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $882/mth
    Taxes:
    $3,214 (2024)
    Cost Per Sqft:
    $751 - $857/sqft
    Locker:
    Owned
    Outdoor Space:
    Terrace
    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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Den
    Laminate, Separate Room
    8.99 x 6ft
    Kitchen
    Centre Island, Stainless Steel Appliances, Backsplash
    9.91 x 7.15ft
    Dining
    Pot Lights, Walkout To Terrace, Open Concept
    9.91 x 7.15ft

    About this Listing

    Rarely offered 2 storey loft style condo in the heart of uptown Burlington! Amazing layout with a huge terrace, this 1 bed, 1 den unit offers tonnes of natural light (morning Sun anyone!) floor to ceiling glass windows, an open concept floor plan complete with main floor laminate, sleek modern kitchen w/ large centre island & stainless steel appliances, spacious breakfast, living area open to above and a massive second floor bedroom with a gorgeous 4pc ensuite, laundry & large closet. Close to all essential amenities, GO station, shopping & amazing restaurants. Come before it's too late!

    keller williams real estate associatesMLS® #W9397742

    Amenities

    Party Room
    Security System
    Visitor Parking
    Concierge
    Gym Room
    Media Room

    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
    8/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar Listings

    Demographics

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

    Population
    7,378
    Average Individual Income
    $89,171
    Average Household Size
    0 persons
    Average Age
    40
    Average Household Income
    $130,655
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    2%
    20 - 34
    17%
    35 - 49
    18%
    50 - 64
    23%
    65+
    24%
    Household Income
    $0 - $30,000
    40%
    $30,000+
    21%
    $60,000+
    16%
    $90,000+
    12%
    $125,000+
    8%
    Housing Types & Tenancy
    Detached
    56%
    Semi Detached
    20%
    High Rise Apartment
    10%
    Low Rise Apartment
    8%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    94%
    Other
    5%
    Punjabi
    1%
    Education
    University and Above
    32%
    High School
    26%
    College
    21%
    None
    12%
    Apprenticeship
    5%
    University Below Batchelor
    1%
    Major Field of Study
    Architecture & Engineering
    20%
    Business Management
    19%
    Health & Related Fields
    14%
    Social Sciences
    13%
    Humanities
    7%
    Education
    7%
    Math & Computer Sciences
    4%
    Personal, Protective & Transportation Services
    3%
    Physical Sciences
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    2%

    Price Trends

    Maintenance Fees

    The Ironstone Condos vs The Corporate Drive Area

    Building Trends At The Ironstone Condos

    Days on Strata

    Units at The Ironstone Condos spend an average of
    37
    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 an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Corporate Drive

    Turnover of Units

    On average, each unit is owned for
    5
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 9 condos in the Corporate Drive area

    Sold Units

    15
    Units were Sold over the past twelve months

    Rented Units

    14
    Units were Rented over the past twelve months

    Best Value Rank

    The Ironstone Condos offers the
    ?
    best value out of 9 condos in the Corporate Drive neighbourhood

    Appreciation Rank

    The Ironstone Condos has the
    ?
    highest ROI out of 9 condos in the Corporate Drive neighbourhood

    Rental Yield

    The Ironstone Condos yields the
    ?
    highest rent prices out of 9 condos in the Corporate Drive neighbourhood

    High Demand

    The Ironstone Condos is the
    ?
    most popular building out of 9 condos in the Corporate Drive neighbourhood

    Transaction Insights at 1940 Ironstone Drive

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo DataNo Data$489,450 - $636,000$609,000 - $695,000$642,500 - $690,000
    Avg. Cost Per SqftNo DataNo Data$839$726$727
    Avg. Wait for Unit Availability760 Days93 Days29 Days81 Days141 Days
    Ratio of Units in Building2%20%50%19%11%

    Transactions vs Inventory

    Total number of units listed and sold in Corporate Drive