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    209 - 5070 Fairview St

    For SaleTerraces in The Village Condos
    $899,999
    Price Cut: $919,999
    2 Beds
    2 Bath
    1 Parking
    1,500 SQFT
    23 Days on Strata
    Est Sell Timeframe
    10 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $734/mth
    Taxes:
    $3,921 (2024)
    Cost Per Sqft:
    $600/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    Flexible
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    16.41 x 8.92ft
    Living
    19.92 x 10.93ft
    Dining
    11.84 x 9.84ft

    About this Listing

    INCREDIBLE opportunity to own a GORGEOUS END UNIT in South Burlington with OVER 1500 sq ft! This 2 bedrm + DEN, 2 full bathrm has been renovated throughout. A fresh neutral palette throughout the unit, the front hall is spacious with custom shoe cabinets, a closet wth custom built-ins and stacked full-sized washer and dryer. Continuing down the hall, an open concept living space, the dreamy kitchen features quartz countertops, porcelain back splash, custom kitchen island with pot lights, stainless steel appliances, floor to ceiling pantry & has an opening to the living/dining room. A gorgeous floor to ceiling elegant, natural stone encased electric fireplace creates a wonderful ambiance for the living room/dining room that walk-outs to the south facing balcony wth remote controlled black-out blinds. The primary suite is a tranquil space with UPGRADED carpet flooring wth underpad, remote-controlled black-out blinds, a walk-in closet with custom built-ins and a 5-piece ensuite that has porcelain detailing, upgraded faucets, chrome fixtures & double vanity. The unit is complete with a 2ND bedroom, renovated 4-piece bathroom & a den space, that is a bonus room perfect for an office or flex space. The unit comes with an underground parking space & a locker for additional storage. This building is centrally located in Burlington, perfect for those commuting to the city as it sights across from the Appleby GO. A short walk to all amenities, the Centennial bike path, schools & parks.

    royal lepage burloak real estate servicesMLS® #W9272148


    Amenities

    Car Wash
    Visitor Parking
    Indoor Parking
    Security System
    Bike Storage
    Party Room

    Explore Neighbourhood

    5/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    Unknown
    Transit
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    5,895
    Average Individual Income
    $70,213
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $121,842
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    19%
    35 - 49
    21%
    50 - 64
    20%
    65+
    20%
    Household Income
    $0 - $30,000
    42%
    $30,000+
    25%
    $60,000+
    17%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    52%
    Semi Detached
    26%
    Low Rise Apartment
    12%
    Duplex
    4%
    High Rise Apartment
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    89%
    Other
    7%
    Punjabi
    3%
    Spanish
    1%
    Education
    High School
    29%
    University and Above
    26%
    College
    21%
    None
    15%
    Apprenticeship
    5%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Social Sciences
    14%
    Health & Related Fields
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Math & Computer Sciences
    5%
    Personal, Protective & Transportation Services
    4%
    Education
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Terraces in The Village Condos vs The Elizabeth Gardens Area

    Days on Strata

    Units at Terraces in The Village Condos spend an average of
    24
    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 a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Elizabeth Gardens

    Turnover of Units

    On average, each unit is owned for
    8.1
    YEARS before being sold again

    Property Value

    8%
    Increase in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 25 condos in the Elizabeth Gardens area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    Terraces in The Village Condos offers the
    ?
    best value out of 25 condos in the Elizabeth Gardens neighbourhood

    Appreciation Rank

    Terraces in The Village Condos has the
    ?
    highest ROI out of 25 condos in the Elizabeth Gardens neighbourhood

    Rental Yield

    Terraces in The Village Condos yields the
    ?
    highest rent prices out of 25 condos in the Elizabeth Gardens neighbourhood

    High Demand

    Terraces in The Village Condos is the
    ?
    most popular building out of 25 condos in the Elizabeth Gardens neighbourhood

    Transaction Insights at 5070 Fairview Street

    1 Bed2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$795,000$780,000No Data
    Avg. Cost Per SqftNo Data$643$615No Data
    Avg. Wait for Unit Availability202 Days134 Days667 DaysNo Data
    Ratio of Units in Building19%68%12%2%

    Transactions vs Inventory

    Total number of units listed and sold in Elizabeth Gardens