100 Burloak Drive Unit 1301, Burlington

Price: $789,900

3 bedrooms, 2 bathrooms

1,200 sq ft

Property Type: Condo

MLS#: W12777046

Welcome to Unit 1301 at Hearthstone by the Lake. This bright corner suite has all of the 'I Wants' from two spacious bedrooms and a den, and two baths to a spacious living/dining area allowing you to entertain graciously while enjoying walks along Lake Ontario, swimming or joining a fitness class, and socializing or sharing dinner with friends in the dining room. With a full calendar of wellness programs and social events, there's always an opportunity to connect and enjoy. The kitchen and dining area flow effortlessly into a generous living room, ideal for hosting elegant gatherings or enjoying quiet evenings at home. It is a resort-style lifestyle designed for people who value time, convenience, and social connections. The Club Membership/ Basic Service Package provides peace of mind, including a dining credit, some housekeeping, 24/7 emergency nursing, an emergency call system, and on-site handyman services. Residents enjoy exclusive access to a range of amenities that add to the sense of prestige and community: An indoor pool, fitness centre, library and billiards lounge, concierge services, and the beloved Pig & Whistle. With underground parking, a storage locker, and beautifully landscaped outdoor spaces, Hearthstone by the Lake offers more than just a condo. It is a community that combines security, prestige, and connection, giving you the freedom to live gracefully while knowing support is always close at hand.

100 Burloak Drive Unit 1301 - Condo for sale in Burlington, Ontario
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$789,900 - 100 Burloak Drive Unit 1301, Burlington

Condo for Sale in Burlington

3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W12777046
Property Type
Condo
Status
active
Days on Site
7
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
City
Burlington
Locker
Exclusive
Exposure
South East
Balcony
Open
Listing Brokerage
REALTY WORLD LEGACY
Description

Welcome to Unit 1301 at Hearthstone by the Lake. This bright corner suite has all of the 'I Wants' from two spacious bedrooms and a den, and two baths to a spacious living/dining area allowing you to entertain graciously while enjoying walks along Lake Ontario, swimming or joining a fitness class, and socializing or sharing dinner with friends in the dining room. With a full calendar of wellness programs and social events, there's always an opportunity to connect and enjoy. The kitchen and dining area flow effortlessly into a generous living room, ideal for hosting elegant gatherings or enjoying quiet evenings at home. It is a resort-style lifestyle designed for people who value time, convenience, and social connections. The Club Membership/ Basic Service Package provides peace of mind, including a dining credit, some housekeeping, 24/7 emergency nursing, an emergency call system, and on-site handyman services. Residents enjoy exclusive access to a range of amenities that add to the sense of prestige and community: An indoor pool, fitness centre, library and billiards lounge, concierge services, and the beloved Pig & Whistle. With underground parking, a storage locker, and beautifully landscaped outdoor spaces, Hearthstone by the Lake offers more than just a condo. It is a community that combines security, prestige, and connection, giving you the freedom to live gracefully while knowing support is always close at hand.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,052.60/mo

Includes CMHC insurance ($22,038)

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5-yr fixed avg.

Principal: $710,910Interest: $482,831
Mortgage Amount$732,948
Total Interest$482,831
Est. Property Tax$560/mo
Total Cost$1,215,779

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

Neighbourhood Guide: Burlington

Discover Burlington

Burlington is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Burlington

  • Convenient location in Burlington
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

M.M. Robinson High SchoolPublic High School
Nelson High SchoolPublic High School
Assumption Catholic Secondary SchoolCatholic High School
Corpus Christi Catholic Secondary SchoolCatholic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Burlington offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

100 Burloak Drive Unit 1301, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$560
Insurance (est.)-$165
Net Cash Flow+$1,415

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $658/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Burlington's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Burlington Lifestyle

Burlington offers a balance of urban convenience and suburban tranquility. Growing families appreciate the newer schools and community feel. The GO Train provides reasonable Toronto access. Home values have appreciated steadily as families seek alternatives to Toronto's density and pricing.

Investment Perspective

Looking at this as an investment: Burlington properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,291 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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