$800K · 1+1 bed Condo Townhouse · Unit 15, 955 King Road, Burlington, Ontario L7T 4J6

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About this home

Exceptional investment opportunity in the exclusive townhome enclave of King Arthur's Court in south Burlington, offered with a AAA tenant already in place-an ideal turnkey addition to any real estate portfolio. This impeccably maintained and updated multi-level residence offers a unique design, generous living space, and quality finishes throughout. Private front porch entry leads to an oversized foyer and welcoming main level featuring spacious living and dining areas with a cozy gas fireplace…

Property details

MLS#

W13092306

Status

Buy Now

Property class

Residential Condo & Other

Beds

1+1

Baths

3 full, 0 half

Rooms

Kitchens

Size

1600-1799Exact finished sqft not on MLS feed (often MPAC-only on broker systems)

Basement

Full

Style

2-Storey

Type

Condo Townhouse

Year built

—Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Tenant Occupied
Washrooms: 2 pc · Main; 4 pc · Second; 3 pc · Basement
Family room: No
Central vacuum: No
Ensuite laundry: No

Condo corp #: 152
Balcony: Open
Locker: None
Fees include: Common Elements Included, Building Insurance Included
Pets: Yes-with Restrictions

Garage: 2-car Underground
Garage spaces: 2
Parking: 2 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Plains Rd E to King Rd
Stories: 1
Utilities: —
Laundry: Ensuite
Interior: Other
Parking features: None

Price movement & seller pressure

↓ $50KPrice reduction

MLS shows the seller reduced the asking price by $50,000 (from $849,900 to $799,900).

Motivated SellerWhy this label

123 days on market — Listing has been active for 123 days — extended time on market can signal seller pressure.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $799,900✓ $4,071 tax✓ Gas✓ 1600-1799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$6,543/mo

incl. closing costs (yr 1)

Annual total

$78,518

year 1

Mortgage only

$3,035/mo

principal + interest

Beyond mortgage

$2,011/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$159,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$339/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,700 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$7,999/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$48/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$12,473

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)46% $36,415/yr

Property taxes21% $16,544/yr

Utilities5% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance10% $7,999/yr

Condo fees9% $6,900/yr

Closing costs6% $5,100/yr

Mortgage is 46% of your true cost of ownership. The other 54% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$36,415	$3,035/mo
Government & taxes
Property tax	$4,071	$339/mo
Land transfer tax(closing)	$12,473	$1,039/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$7,999	$667/mo
Condo fees
Condo / HOA fees	$6,900	$575/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$78,518	$6,543/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 15

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs