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New6 days ago

319 - 4040 Upper Middle Road

Tansley, Burlington

$399,000

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Strategically positioned for first-time buyers or savvy investors, this functional 1+den residence offers an efficient layout designed to maximize both comfort and utility. The living area is well-proportioned, providing a versatile environment that easily accommodates a dedicated home office or guest space within the den. Located in a highly accessible Burlington enclave, this property ensures immediate proximity to essential amenities including premium grocery stores, retail, dining options, & parks - including Tansley Woods which features new outdoor Pickleball courts!. For the buyer seeking a low-maintenance lifestyle without compromising on floor plan efficiency or location, this unit represents a high-value opportunity in a consistently strong market. With its blend of practical design and exceptional access to daily conveniences, this residence is a compelling choice for those looking to secure a strategic foothold in the GTA. Building is powered by geothermal heating and cooling. 10 Mins to Appleby GO.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$690
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,416
mls© NumberW13622508
Listed ByIRISE
Heat Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,042
Property tax
$201
Heat allowance
$150
Condo fees, half counted
$345
Housing costs
$2,738 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $79,800
25-yr amortization

Income needed

$84,000

gross annual household income

Payment at 4%
$1,679 / mo
Cash down
$79,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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