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    416 - 1940 Ironstone Dr

    For SaleThe Ironstone Condos
    $629,000
    2 Beds + 1
    2 Bath
    1 Parking
    853 SQFT
    53 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $779/mth
    Taxes:
    $3,406 (2024)
    Cost Per Sqft:
    $737/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North East
    Possession Date:
    30/60 days
    Laundry:
    In Area
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Open Concept, Laminate, Walkout To Balcony
    16.8 x 14.01ft
    Dining
    Open Concept, Laminate, Windows Floor to Ceiling
    10.7 x 11.55ft
    Kitchen
    Stainless Steel Appliances, Granite Counter
    7.32 x 10.01ft

    About this Listing

    Stunning Corner Suite at the upscale Ironstone Condominium, where luxury and tranquility blend seamlessly. This 2-bedroom plus den, 2-full-bath haven boasts a spacious open-concept perfectly designed for peaceful living, entertaining, & remote work. Enjoy the tranquility of this beautifully appointed home, surrounded by everything you need in the heart of desirable uptown Burlington. This suite offers a range of luxurious features, including convenient in-suite laundry, two separately controlled thermostats, elegant 3-panel wood interior doors, 4 baseboards, separate living/dining areas bathed in natural light from soaring 9' ceilings and energy-efficient floor-to-ceiling windows. Upgrades abound, with laminate flooring, upgraded bedroom carpets, professionally designed custom storage & shelving throughout, and a beautiful kitchen with stainless steel appliances, extended upper cabinets, tile backsplash, large island granite countertops, undermount sink & pantry. The primary bedroom & ensuite feature porcelain tiles, a deep soaker tub, and custom closets and cabinets. Additional highlights include a den for office/flex space, entertainment centre, owned underground parking and storage locker.

    ExtrasThe building offers concierge services, 24hr security, first-class amenities, & efficient geothermal heating & cooling, all in an ideal location just steps from shopping, entertainment, healthcare, restaurants.

    royal lepage premium one realtyMLS® #W9230556


    Amenities

    Media Room
    Rooftop Deck
    BBQ
    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
    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%

    Maintenance Fees

    The Ironstone Condos vs The Corporate Drive Area

    Days on Strata

    Units at The Ironstone Condos spend an average of
    40
    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
    4.9
    YEARS before being sold again

    Property Value

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

    Price Ranking

    8th
    Highest price per SQFT out of 23 condos in the Corporate Drive area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    13
    Units were Rented over the past twelve months

    Best Value Rank

    The Ironstone Condos offers the
    ?
    best value out of 23 condos in the Corporate Drive neighbourhood

    Appreciation Rank

    The Ironstone Condos has the
    ?
    highest ROI out of 23 condos in the Corporate Drive neighbourhood

    Rental Yield

    The Ironstone Condos yields the
    ?
    highest rent prices out of 23 condos in the Corporate Drive neighbourhood

    High Demand

    The Ironstone Condos is the
    ?
    most popular building out of 23 condos in the Corporate Drive neighbourhood

    Transaction Insights at 1940 Ironstone Drive

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo DataNo Data$520,000 - $636,000$609,000 - $695,000$642,500 - $690,000
    Avg. Cost Per SqftNo DataNo Data$852$751$739
    Avg. Wait for Unit Availability760 Days87 Days28 Days83 Days141 Days
    Ratio of Units in Building2%20%50%19%11%

    Transactions vs Inventory

    Total number of units listed and sold in Corporate Drive