Maintenance Fees
The Ironstone Condos vs The Corporate Drive Area
424 - 1940 Ironstone Dr
$569,0001 bd2 ba1 pk680 sqft
For SaleThe Ironstone Condos
15 Days on Strata
$569,000
Price Cut: $579,000
Price Cut: $579,000
1 Bed + 1
2 Bath
1 Parking
680 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$663/mth
Taxes:
$2,509 (2024)
Cost Per Sqft:
$837/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
North East
Possession Date:
April 5, 2025
Laundry:
Main
Amenities
Party Room
Bike Storage
Gym
BBQs Allowed
Visitor Parking
Concierge
Car Wash
Games Room
Security System
Media Room
Rooftop Deck
Indoor Parking
About this Listing
Fabulous one bedroom plus den in uptown Burlington. Freshly painted and ready for your design. Features stainless steal appliances in kitchen, ensuite laundry, two washrooms including ensuite in the primary bedroom. Lots of building amenities, including 24 hour concierge and security party room, games room, theatre, gym and studio, large courtyard with barbecues. Close to shopping schools,public transit, minutes to major highways and go bus.
ExtrasLarge mirrored wardrobe ELF, WC stainless steal Fridge, stove dishwasher and microwave. Washer and dryer
keller williams edge realtyMLS® #W12053109
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Radiant
Room Dimensions
Den
Carpet Free
8.01 x 7.68ft
Kitchen
Breakfast Bar, Granite Counter, Open Concept
10.76 x 7.51ft
Living
carpet free, Balcony, Open Concept
14.17 x 10.17ft
Primary
carpet free, 4 Piece Ensuite, Balcony
12.01 x 9.68ft
Bathroom
2 Piece Bath
0 x 0ft
Bathroom
4 Piece Bath
0 x 0ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
Explore Corporate Drive
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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!
Mortgage Calculator
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
Household Income
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%
Building Trends At The Ironstone Condos
Days on Strata
Units at The Ironstone Condos spend an average of
41
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Corporate Drive
Turnover of Units
On average, each unit is owned for
5.1
YEARS before being sold againProperty Value
-8%
Decrease in property value within the past twelve months
Price Ranking
3rd
Highest price per SQFT out of 9 condos in the Corporate Drive area
Sold Units
12
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
?
Market Insights
Transaction Insights at The Ironstone Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|---|
| Price Range | No Data | $535,000 | $489,450 - $530,000 | $609,000 - $640,000 | $530,000 - $642,500 |
| Avg. Cost Per Sqft | No Data | $757 | $877 | $701 | $665 |
| Price Range | No Data | $2,084 - $2,475 | $2,300 - $2,600 | $3,200 | $2,775 - $3,200 |
| Avg. Wait for Unit Availability | 760 Days | 92 Days | 31 Days | 99 Days | 111 Days |
| Avg. Wait for Unit Availability | No Data | 149 Days | 73 Days | 256 Days | 265 Days |
| Ratio of Units in Building | 2% | 23% | 47% | 15% | 15% |
Market Inventory
Total number of units listed and sold in Corporate Drive
