1940 Ironstone Dr #204 is a 1-bedroom, 1-bathroom condo in Burlington, listed for $439,000. It has 800-899 sq ft of living space.
1The kitchen features rich cabinetry, granite counters, tile backsplash, stainless steel appliances, an island with breakfast bar seating and plenty of storage.
2Upstairs, the loft-style primary bedroom overlooks the living space below, creating a distinctive open-concept feel while maintaining a generous bedroom retreat.
3The unit includes 1 underground parking space and a locker for additional storage.
Welcome to 204-1940 Ironstone Dr, a unique 2-storey loft-style condo offering approx. 866 sq. ft. of living space, 1 bed, 1 bath and an oversized private terrace showcasing one of the best unobstructed views in the building. Ideally suited for young professionals and first-time buyers, this contemporary home puts everyday conveniences right at your doorstep, with shopping, restaurants, cafes and services directly across the street, plus easy access to transit and major highways. Step inside to a welcoming foyer that leads into an impressive open-concept main level, where soaring 2-storey ceilings and floor-to-ceiling windows on both levels create a dramatic first impression and fill the home with natural light. The kitchen features rich cabinetry, granite counters, tile backsplash, stainless steel appliances, an island with breakfast bar seating and plenty of storage. It opens seamlessly to the living and dining areas, creating an ideal layout for everyday living and entertaining. The living area opens directly to the expansive private terrace, extending the living space outdoors and offering plenty of room for morning coffee, outdoor dining or relaxing at the end of the day while enjoying the unobstructed outlook. Upstairs, the loft-style primary bedroom overlooks the living space below, creating a distinctive open-concept feel while maintaining a generous bedroom retreat. A full 4-pc bath and convenient in-suite laundry complete this level. The unit includes 1 underground parking space and a locker for additional storage. Building amenities include a fitness centre, party room and outdoor terrace/courtyard spaces. With its distinctive loft layout, soaring ceilings, incredible natural light and generous outdoor space, this is an excellent opportunity for first-time buyers or young professionals looking for something different from a traditional condo, all in a convenient Burlington location where daily essentials are just steps away.
1 bedroom, 1 bathroom, about 800 sq ft, works out to roughly $549 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 1940 Ironstone Dr #204
Every detail from the listing, in one place.
Type
Condo
Style
2-Storey
Living space
800-899 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Condo Apartment
1940 Ironstone Dr #204 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14096052$439,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1940 Ironstone Dr #204 Compares to the Burlington Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
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An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,157
/mo
based on the purchase price of $439,000
$87,800 cash
$351,200 financed
$295,803 total interest
Principal54%$351,200
Interest46%$295,803
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Burlington
Other 1–2 bed homes for sale in Burlington around $439K.
Average days on market33Homes sold in about 33 days on average.
Sale-to-list ratio97.5%On average, homes sold below asking.
Active listings826Homes for sale here right now.
Median vs prior 90 days+0.3%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 1,020 sales from Jul 24 – Oct 22, 2026 (757 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
3 for sale at 1940 Ironstone Dr — plus its sale and lease history.
1940 Ironstone Dr #204 is listed at $439,000 (MLS® W14096052). Summitly updates the price as soon as the MLS® record changes.
Is $439,000 a good price for 1940 Ironstone Dr #204?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Burlington. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1940 Ironstone Dr #204 changed?
No — 1940 Ironstone Dr #204 is still listed at its original asking price of $439,000.
How many bedrooms and bathrooms does 1940 Ironstone Dr #204 have?
1940 Ironstone Dr #204 has 1 bedroom and 1 bathroom, with about 800–899 square feet of living space. It is a condo in Burlington.
Is 1940 Ironstone Dr #204 close to transit?
The nearest rapid-transit station is Appleby GO Station (Lakeshore West GO), about 2.7 km in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 1940 Ironstone Dr #204?
About $2,157 a month — principal and interest on $439,000 with 20% down ($87,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1940 Ironstone Dr #204 compare with other homes in Burlington?
Its asking price of $439,000 is about 54% below the median sold price in Burlington over the last 90 days, $948,250, across 1,020 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1940 Ironstone Dr #204 been sold before?
Summitly has no earlier MLS® sale or lease of 1940 Ironstone Dr #204 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1940 Ironstone Dr #204?
1940 Ironstone Dr #204 is in Burlington, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1940 Ironstone Dr #204 been on the market?
3 days — 1940 Ironstone Dr #204 was listed on October 19, 2026.
What is the price per square foot of 1940 Ironstone Dr #204?
About $488 to $549 per square foot: the asking price of $439,000 over the 800–899 sq ft the listing gives as its size range.
Does 1940 Ironstone Dr #204 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.