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    100 Burloak Drive

    Hearthstone By The Lake Condos
    11for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    5
    Number of Units:
    174
    Condo Completion:
    2001
    Condo Demand:
    Medium
    Unit Size Range:
    620 - 1,531 SQFT
    Unit Availability:
    Medium

    Listing History for Hearthstone By The Lake Condos

    Receive listing updates for Elizabeth Gardens

    Amenities

    Concierge
    Lap Pool
    BBQs Allowed
    Indoor Parking
    Indoor Pool
    Party Room

    Maintenance Fees

    Included
    Heat
    Water
    Excluded
    Hydro
    Air Conditioning

    About 100 Burloak DriveHearthstone By The Lake Condos

    Anyone who’s seeking a Burlington condo for sale should consider Hearthstone By The Lake Condos at 100 Burloak Drive. Tridel completed this building back in 2001, but unlike other buildings of that age, maintenance fees are on the higher end at $0.90 per-square-foot. The 5-storey building is home to 174 suites with units ranging between 620 and 1531 square feet.

    Maintenance fees at 100 Burloak Drive are $0.90 per-square-foot, which is notably higher than the city average of about $0.67.

    The Suites

    We’ve aggregated a number of stats at 100 Burloak Drive. Here are some highlights: In the past 12 months, 19 units have sold, and 0 has been rented. Meanwhile, property values here have decreased by 4.12%.

    Units at Hearthstone By The Lake Condos have a medium likelihood of receiving more than one offer, and on average they sell for -3.05% below the listed price. Suites here have an average cost per-square-foot of $529 based on sales over the past 12 months, and the median time a unit spends on the market is 43 days.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Windjammer By The Lake, Pier 53 restaurant and Tha Spice is Right are all within 17 minutes walking distance from 100 Burloak Drive.

    Grocery pick-ups are made easy thanks to Food Basics within a 13-minute walk.

    Residents here can stop by Scotiabank on their way home from work, so they can take care of their financial needs.

    Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Skyview Park, Helen Xiang's Memorial Chair and Gazebo at Burloak Waterfront Park are less than 10 minutes walking distance from 100 Burloak Drive.

    If you’re tired of the usual neighbourhood attractions, then perhaps having Art Studio & Gallery - NESAART less than a 4-minute drive away will give you a lift.

    Hearthstone By The Lake Condos is a short drive away from St. Patrick Catholic Elementary School, Mohawk Gardens Public School and Ascension Catholic Elementary School, giving you plenty of choice for your child’s education.

    Transportation

    Taking public transit? The nearest light transit stop is New at Walkers.

    Anyone who isn’t sold on this development but loves the area, might want to check out 5475 Lakeshore Road, 3500 Lakeshore Road W and 5280-5306 Bromley Road, which are similar condos in the area.

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    11

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    Explore Elizabeth Gardens

    2/10
    Walkability
    A sight of a grocery store is as rare as a unicorn sighting.
    Unknown
    Transit
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    5,895
    Average Individual Income
    $70,213
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $121,842
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    19%
    35 - 49
    21%
    50 - 64
    20%
    65+
    20%
    Household Income
    $0 - $30,000
    42%
    $30,000+
    25%
    $60,000+
    17%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    52%
    Semi Detached
    26%
    Low Rise Apartment
    12%
    Duplex
    4%
    High Rise Apartment
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    89%
    Other
    7%
    Punjabi
    3%
    Spanish
    1%
    Education
    High School
    29%
    University and Above
    26%
    College
    21%
    None
    15%
    Apprenticeship
    5%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Social Sciences
    14%
    Health & Related Fields
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Math & Computer Sciences
    5%
    Personal, Protective & Transportation Services
    4%
    Education
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Hearthstone By The Lake Condos vs The Elizabeth Gardens Area

    Days on Strata

    Units at Hearthstone By The Lake Condos spend an average of
    43
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Elizabeth Gardens

    Turnover of Units

    On average, each unit is owned for
    7.9
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 14 condos in the Elizabeth Gardens area

    Sold Units

    19
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    Hearthstone By The Lake Condos offers the
    ?
    best value out of 14 condos in the Elizabeth Gardens neighbourhood

    Appreciation Rank

    Hearthstone By The Lake Condos has the
    ?
    highest ROI out of 14 condos in the Elizabeth Gardens neighbourhood

    Rental Yield

    Hearthstone By The Lake Condos yields the
    ?
    highest rent prices out of 14 condos in the Elizabeth Gardens neighbourhood

    High Demand

    Hearthstone By The Lake Condos is the
    ?
    most popular building out of 14 condos in the Elizabeth Gardens neighbourhood

    Transaction Insights at 100 Burloak Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$315,000 - $479,000$418,000 - $450,000$438,500 - $970,000No Data
    Avg. Cost Per Sqft$586$588$624No Data
    Avg. Wait for Unit Availability82 Days70 Days52 Days387 Days
    Ratio of Units in Building32%24%40%5%

    Unit Sales vs Inventory

    Total number of units listed and sold in Elizabeth Gardens