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Property Type: TownhouseOwnership: Condominium
245 BURKE Street
Waterdown, ON L8B2A9
MLS® 40871683
14
Walk Score
19
Transit
30
Bike
$739,900
3 bed3.5 bath1 parking1,484 sqftBuilt 2025
14
Walk Score
19
Transit
30
Bike
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 3
R6-30
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $242/mo
- Annual property tax
- $4,872
Maintenance Fee Includes
Also included: Landscaping
Interior
- Basement
- None
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Third level | — |
| 3pc Ensuite bath | Third level | — |
| Bedroom | Third level | 9'4'' x 8'10'' |
| Bedroom | Third level | 7'10'' x 13'7'' |
| Primary Bedroom | Third level | 9'4'' x 10'8'' |
| 2pc Bathroom | Second level | — |
| Kitchen | Second level | 19'0'' x 13'8'' |
| Dining room | Second level | 19'0'' x 9'8'' |
| Living room | Second level | 11'11'' x 16'0'' |
Description
Welcome to this exceptional built townhouse in one of Waterdown’s most sought-after communities! Offering 1,484 square feet of thoughtfully designed living space, this move-in ready home features three spacious bedrooms, three bathrooms and the convenience of upper-level laundry. The bright, open-concept layout is perfect for everyday living and entertaining. Far from builder basic, the owners invested thousands in premium upgrades, custom window coverings and high-end finishes that elevate every room. Immaculately maintained and truly turnkey, this home offers all the benefits of new construction without the wait. Enjoy a low-maintenance lifestyle just minutes from charming downtown Waterdown, with its boutique shops, restaurants, parks, schools, and everyday amenities. Simply unpack and enjoy everything this beautiful home has to offer! Don’t be TOO LATE*! *REG TM. RSA. (id:63161)
Listing Information
- MLS®
- 40871683
- Data last synced
- October 30, 2026
RE/MAX Escarpment Realty Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX Escarpment Realty Inc.
MLS® Number: 40871683
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Cornerstone Association of REALTORS®.
Values & Trends
This listing
$499/sqft
Building average
—
No other active listings in this building
461 - Waterdown East average
$470/sqft
18 active listing(s)
Parking: 1 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Halton Hills
15°C
Mainly Clear
Humidity 88%
Wind WNW 14 km/h
Tonight
7°
Friday
14°
Friday night
1°
Saturday
14°
Saturday night
4°
Sunday
16°
Source: Environment and Climate Change Canada.
Nearby Schools
| School |
|---|
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Mortgage & Ownership Cost Calculator
Minimum required: 6.6% ($48,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$591,920.00
Periodic payment — Principal & Interest (monthly)$3,818.87
Additional monthly expenses (condo fees, tax, utilities, etc.)$722.06
Total monthly cost$4,540.93
Interest paid over 5-yr term$169,645.97
Balance at end of term$532,433.95
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$48,990
Stress test qualifying rate8.19%
Payment you must qualify for$5,357.14
Cash Needed at Closing
Minimum down payment$48,990
Estimated Land Transfer Tax (LTT)$11,273
Legal / closing costs (typical estimate)$1,500
Total cash needed$61,763
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
