1940 Ironstone Dr #202, Burlington

Name: 1940 Ironstone Drive, Unit 202
SKU: W14122060
Price: 525000 CAD
Availability: InStock

1 Bed, 1 Bath Condo in Burlington

Unit 202 at 1940 Ironstone Drive

Exceptional opportunity to own this unique two-storey, 1 bedroom + den, 1.5 bathroom loft in the heart of Uptown Core! Soaring double-storey, floor-to-ceiling windows flood the space with spectacular natural light, creating a bright and inviting atmosphere. The upgraded kitchen features granite countertops, stainless steel appliances and an extended pantry for added storage. The main level offers an open-concept kitchen and living area, a large multi-functional den with murphy bed perfect for transitioning from home office to guest space, and is complete with a convenient powder room. Upstairs, the spacious loft primary bedroom features oversized closets, convenient laundry on the bedroom level, and versatile space for a desk, vanity or sitting area, complemented by a 4-piece bathroom. Step outside to a large private terrace with Astroturf, offering the perfect space to relax or entertain. Includes two prime side-by-side parking spaces and a storage locker conveniently located just down the stairs from the unit. Enjoy a wealth of amenities, just down the hall on the second floor, including a landscaped outdoor terrace w/ BBQ, fitness centre and party room. Ideally situated steps from local restaurants, shopping and coffee shops, with nearby parks, schools and easy access to Appleby GO Station. A truly distinctive loft offering an exceptional blend of character, natural light and convenience!

1 bedroom, 1 bathroom, about 800 sq ft, works out to roughly $656 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 #202

Every detail from the listing, in one place.

Type: Condo
Style: Loft
Living space: 800-899 sq ftas stated on the listing
Parking: 2 spacesYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 2

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Loft
Property class: Condo Apartment

1940 Ironstone Dr #202 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 26, 2026For saleListedThis listingMLS® W14122060$525,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 1940 Ironstone Dr #202 Compares to the Burlington Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 1,800 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Burlington market, last 90 days

Median sold price: $944,500
Average sold price: $1,109,546
Average days on market: 33
Homes sold: 1,018

Closed sales on the TRREB MLS®.

Full Burlington market report

Market pulse · Burlington

Burlington market

Median sold price$944,500Last 90 days
Average days on market33Homes sold in about 33 days on average.
Sale-to-list ratio97.5%On average, homes sold below asking.
Active listings839Homes for sale here right now.
Median vs prior 90 days−1.0%Compared with May 1 – Jul 30, 2026: prices down.

Based on 1,018 sales from Jul 30 – Oct 28, 2026 (782 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Burlington

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 202 — 1940 Ironstone Drive 1 bd · 1 ba · 800 sqft	$525,000asking	$656	—	—
2087 Fairview Street 1 bd · 1 ba · 600 sqft
1701 Lampman Avenue 2 bd · 2 ba · 1,000 sqft
2055 Upper Middle Road 2 bd · 2 ba · 1,200 sqft
2085 Amherst Heights 2 bd · 2 ba · 1,200 sqft
2087 Fairview Street 1 bd · 1 ba · 600 sqft
1451 Walker's Line 2 bd · 2 ba · 1,200 sqft

2087 Fairview Street
1 bd · 1 ba · 600 sqft
1701 Lampman Avenue
2 bd · 2 ba · 1,000 sqft
2055 Upper Middle Road
2 bd · 2 ba · 1,200 sqft
2085 Amherst Heights
2 bd · 2 ba · 1,200 sqft
2087 Fairview Street
1 bd · 1 ba · 600 sqft
1451 Walker's Line
2 bd · 2 ba · 1,200 sqft

More in this building

3 for sale at 1940 Ironstone Dr — plus its sale and lease history.

See all of 1940 Ironstone Dr

Living in Burlington: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Appleby GO StationLakeshore West GO2.7 km

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Appleby GO Station (Lakeshore West GO)2.7 km

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Appleby GO Station
2.7 kmClosest· Lakeshore West GO
Homes near Appleby GO Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 1940 Ironstone Dr #202. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 1940 Ironstone Dr #202

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,579; 20% down · 25 years · 5.5% assumed
Property tax: $289; 0.66% mill rate · ON
Total per month: $2,868; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,579

/mo

based on the purchase price of $525,000

Down payment20%

$105,000 cash

Amortization25 yr

$420,000 financed

Rate5.50%

$353,750 total interest

Principal54%$420,000

Interest46%$353,750

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

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.

Book a tour of 1940 Ironstone Dr #202 with a licensed buyer's agent

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Questions About 1940 Ironstone Dr #202

How much is 1940 Ironstone Dr #202 listed for?

1940 Ironstone Dr #202 is listed at $525,000 (MLS® W14122060). Summitly updates the price as soon as the MLS® record changes.

Is $525,000 a good price for 1940 Ironstone Dr #202?

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 #202 changed?

No — 1940 Ironstone Dr #202 is still listed at its original asking price of $525,000.

How many bedrooms and bathrooms does 1940 Ironstone Dr #202 have?

1940 Ironstone Dr #202 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 #202 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 #202?

About $2,579 a month — principal and interest on $525,000 with 20% down ($105,000), 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 #202 compare with other homes in Burlington?

Its asking price of $525,000 is about 44% below the median sold price in Burlington over the last 90 days, $944,500, across 1,018 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 #202 been sold before?

Summitly has no earlier MLS® sale or lease of 1940 Ironstone Dr #202 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 1940 Ironstone Dr #202?

1940 Ironstone Dr #202 is in Burlington, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 1940 Ironstone Dr #202 been on the market?

2 days — 1940 Ironstone Dr #202 was listed on October 26, 2026.

What is the price per square foot of 1940 Ironstone Dr #202?

About $584 to $656 per square foot: the asking price of $525,000 over the 800–899 sq ft the listing gives as its size range.

Does 1940 Ironstone Dr #202 have parking or a garage?

Yes — the listing gives 2 parking spaces. Garage: Yes.

What you should know