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$449K · 2 bed Condo Apartment · Unit 218, Forest Chase, 2040 Cleaver Avenue, Burlington, Ontario L7M 4C4 | HomeSearchCanada

$449,000

Unit 218

131 DOM

21131d

Map

DOM 131

Motivated Seller

$449,000

Motivated Seller

DOM131days

Unit 218

Forest Chase · 2040 Cleaver Avenue · Burlington · Ontario L7M 4C4

MLS® W13052164 · Headon · L7M 4C4

21OwnerOccupied700-799 ft²Condo ApartmentNoneNo basement131d$599/ft²$2,380 tax/yrNo basement

131 days on market

About this home

Beautifully updated 2-bedroom condo in the heart of Burlington's Headon Forest WITH ONE PARKING SPOT. Located within the sought-after Forest Chase community, Suite 218 is a stylish 719 sqft condo unit offering modern finishes, an open-concept layout, and a balcony. The renovated kitchen features white cabinetry with soft-closing drawers, quartz countertops, stainless steel appliances, tile backsplash, and breakfast bar with seating for three. The sun-filled living and dining area flows seamlessl…

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Property details

MLS#: W13052164
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2
Baths: 1 full, 0 half
Rooms: 5
Kitchens: 1
Size: 700-799Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: 1 Storey/Apt
Type: Condo Apartment
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Owner Occupied
Washrooms: 4 pc · Main
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Zoning: RM4-567

Fireplaces: 0

Building name: Forest Chase
Condo corp #: 241
Balcony: Open
Locker: Exclusive
Fees include: Common Elements Included, Water Included, CAC Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Walkers Line / Cleaver Ave
Stories: 2
Utilities: —
Laundry: In-Suite Laundry
Laundry level: Main Level
Interior: Carpet Free
Parking features: —

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

Motivated SellerWhy this label

131 days on market — Listing has been active for 131 days — extended time on market can signal seller pressure.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: REAL BROKER ONTARIO LTD.

Source: TRREB/PROPTX · MLS® W13052164

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$449K

Unit 218 · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $449,000✓ $2,380 tax✓ Gas✓ 700-799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,229/mo

incl. closing costs (yr 1)

Annual total

$50,743

year 1

Mortgage only

$1,703/mo

principal + interest

Beyond mortgage

$1,612/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$89,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$198/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~750 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,490/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$51/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$5,455

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)40% $20,440/yr

Property taxes15% $7,835/yr

Utilities8% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,490/yr

Condo fees14% $7,318/yr

Closing costs10% $5,100/yr

Mortgage is 40% of your true cost of ownership. The other 60% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$20,440	$1,703/mo
Government & taxes
Property tax	$2,380	$198/mo
Land transfer tax(closing)	$5,455	$455/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%)	$4,490	$374/mo
Condo fees
Condo / HOA fees	$7,318	$610/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	$50,743	$4,229/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.

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Unit 218

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs