2040 Cleaver Ave #218 is a 2-bedroom, 1-bathroom condo in Burlington, listed for $449,000. It has 700-799 sq ft of living space.
1Beautifully updated 2-bedroom condo in the heart of Burlington's Headon Forest With one parking spot.
2The renovated kitchen features white cabinetry with soft-closing drawers, quartz countertops, stainless steel appliances, tile backsplash, and breakfast bar with seating for three.
3Conveniently located close to schools, parks, shopping, transit, and quick highway access.
Beautifully updated 2-bedroom condo in the heart of Burlington's Headon Forest With one parking spot. Located within the sought-after Forest Chase community, Suite 218 is a stylish 719 sqft condo unit offering modern finishes, an open-concept layout, and a balcony. The renovated kitchen features white cabinetry with soft-closing drawers, quartz countertops, stainless steel appliances, tile backsplash, and breakfast bar with seating for three. The sun-filled living and dining area flows seamlessly from the kitchen with French doors to your personal balcony - perfect for morning coffee or unwinding after work. The spacious primary bedroom offers plenty of room as well as a large mirrored closet. The second bedroom is ideal for a home office, nursery, or guest room. The updated 4-piece bathroom features a quartz vanity, modern fixtures, and a tub/shower combo. In-suite laundry, generous closet space, and durable vinyl plank flooring throughout make this home as practical as it is pretty. Tasteful neutral palette and move-in ready - just unpack and enjoy! Conveniently located close to schools, parks, shopping, transit, and quick highway access. A perfect fit for first-time buyers, young families, downsizers, or savvy investors. Unit includes one parking spot and one locker.
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $641 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 2040 Cleaver Ave #218
Every detail from the listing, in one place.
Type
Condo
Style
1 Storey/Apt
Living space
700-799 sq ftas stated on the listing
Parking
1 space
Basement
None
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 Storey/Apt
Property class
Condo Apartment
2040 Cleaver Ave #218 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,206
/mo
based on the purchase price of $449,000
$89,800 cash
$359,200 financed
$302,541 total interest
Principal54%$359,200
Interest46%$302,541
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 $449K.
Average days on market33Homes sold in about 33 days on average.
Sale-to-list ratio97.5%On average, homes sold below asking.
Active listings832Homes for sale here right now.
Median vs prior 90 days+0.3%Compared with Apr 24 – Jul 23, 2026: prices up.
Based on 1,046 sales from Jul 23 – Oct 21, 2026 (750 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
1 for sale at 2040 Cleaver Ave — plus its sale and lease history.
2040 Cleaver Ave #218 is listed at $449,000 (MLS® W13052164). Summitly updates the price as soon as the MLS® record changes.
Is $449,000 a good price for 2040 Cleaver Ave #218?
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 2040 Cleaver Ave #218 changed?
Yes — it was first listed at $399,000 and is now $449,000, an increase of $50,000 (12.5%).
How many bedrooms and bathrooms does 2040 Cleaver Ave #218 have?
2040 Cleaver Ave #218 has 2 bedrooms and 1 bathroom, with about 700–799 square feet of living space. It is a condo in Burlington.
Is 2040 Cleaver Ave #218 close to transit?
The nearest rapid-transit station is Burlington GO Station (Lakeshore West GO), about 4.0 km in a straight line. Appleby GO Station is about 4.0 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 2040 Cleaver Ave #218?
About $2,206 a month — principal and interest on $449,000 with 20% down ($89,800), 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 2040 Cleaver Ave #218 compare with other homes in Burlington?
Its asking price of $449,000 is about 53% below the median sold price in Burlington over the last 90 days, $949,000, across 1,046 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 2040 Cleaver Ave #218 been sold before?
Summitly has no earlier MLS® sale or lease of 2040 Cleaver Ave #218 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 2040 Cleaver Ave #218?
2040 Cleaver Ave #218 is in Burlington, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 2040 Cleaver Ave #218 been on the market?
176 days — 2040 Cleaver Ave #218 was listed on April 28, 2026.
What is the price per square foot of 2040 Cleaver Ave #218?
About $562 to $641 per square foot: the asking price of $449,000 over the 700–799 sq ft the listing gives as its size range.
Does 2040 Cleaver Ave #218 have parking or a garage?