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    Burlington / Corporate Drive

    218 - 1940 Ironstone Dr

    For RentThe Ironstone Condos
    $2,500/mth
    1 Bed + 1
    2 Bath
    1 Parking
    572 SQFT
    12 Days on Strata
    Est Lease Timeframe
    12 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Possession Date:
    April 1, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Terrace
    Furnished:
    No
    Exposure:
    North East
    Locker:
    None
    Laundry:
    Main
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Parking
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    6.59 x 8.76ft
    Living
    9.25 x 14.08ft
    Prim Bdrm
    10.4 x 7.74ft

    About this Listing

    This updated 1 Bed plus Den, 1.5 Bath Condo Apartment is in a prime location close to restaurants, gyms, groceries, and many stores. It is truly a wonderful place to call home! The building is pet friendly (restrictions) and offers great amenities such as a gym, party room, and a beautifully kept rooftop patio for entertaining.The building is safe and secure with underground parking, 24/7 security and concierge service. The unit itself is amazing, with a den that is perfect for an office, a kitchen with lots of counter space and Stainless Steel Appliances, and ensuite laundry. Plus, the pet friendly 300sqft terrace with available space for an electric BBQ makes it perfect for entertaining. Recently replaced appliances include a dishwasher, washing machine, and dryer. Save on your utilities as Water and Geothermal Heating is included in the fees!

    exp realtyMLS® #W11981632

    Amenities

    Games Room
    Car Wash
    Indoor Parking
    Media Room
    Rooftop Deck
    Bike Storage

    Explore Neighbourhood

    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!

    Similar Listings

    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
    0 - 14
    14%
    15 - 19
    2%
    20 - 34
    17%
    35 - 49
    18%
    50 - 64
    23%
    65+
    24%
    Household Income
    $0 - $30,000
    40%
    $30,000+
    21%
    $60,000+
    16%
    $90,000+
    12%
    $125,000+
    8%
    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%

    Price Trends

    Maintenance Fees

    The Ironstone Condos vs The Corporate Drive Area

    Building Trends At The Ironstone Condos

    Days on Strata

    Units at The Ironstone Condos spend an average of
    43
    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
    AVERAGE
    chance 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 again

    Property Value

    -6%
    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

    13
    Units were Sold over the past twelve months

    Rented Units

    12
    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

    Transaction Insights at 1940 Ironstone Drive

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo DataNo Data$489,450 - $530,000$609,000 - $695,000$590,000 - $690,000
    Avg. Cost Per SqftNo DataNo Data$877$725$715
    Avg. Wait for Unit Availability760 Days76 Days31 Days92 Days120 Days
    Ratio of Units in Building2%23%48%16%14%

    Transactions vs Inventory

    Total number of units listed and leased in Corporate Drive