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$799,000
Illumina · 500 Brock Avenue · Burlington · Ontario L7S 0A5
180 days on market
Spacious high-floor 2-bedroom condo offering approximately 1,030 sq ft of bright, open-concept living just moments from Lake Ontario in Burlington. Soaring 9-ft ceilings and expansive windows flood the suite with natural light and enhance the elevated views. The functional layout features generous principal rooms, a well-appointed kitchen with ample storage, and excellent bedroom separation. The primary retreat offers substantial closet space and private ensuite convenience. Residents enjoy exce…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $51KPrice reduction
MLS shows the seller reduced the asking price by $50,900 (from $849,900 to $799,000).
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: RE/MAX EXPERTS
Source: TRREB/PROPTX · MLS® W12811514
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~1,100 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 44% of your true cost of ownership. The other 56% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $36,374 | $3,031/mo |
| Government & taxes | ||
| Property tax | $3,741 | $312/mo |
| Land transfer tax(closing) | $12,455 | $1,038/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $7,990 | $666/mo |
| Condo fees | ||
| Condo / HOA fees | $11,563 | $964/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $82,782 | $6,899/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.