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New2 hours ago

202 - 2040 Cleaver Avenue

Headon, Burlington

$399,900

Condo Townhouse |
2 | 1 | 1 | 1
About this home

Welcome to Forest Chase, a sought-after condo community in Burlington's established Headon Forest neighbourhood. This bright and spacious 2-bedroom, 1-bathroom condo features a functional open-concept layout, a generously sized bathroom, owned parking, and a private locker for additional storage. Surrounded by mature trees and green space, this move-in-ready home is an excellent option for first-time buyers, downsizers, investors, or anyone seeking comfortable, low-maintenance living. Enjoy nearby parks, walking trails, and outdoor spaces, including Ireland Park and trail connections throughout the Headon Forest community. Conveniently located just minutes from shopping, restaurants, public transit, and major highways, including the QEW, 403, and 407. C.H. Norton Public School and St. Timothy Catholic Elementary School are also nearby, making this a great choice for families. Offering the perfect balance of peaceful surroundings and everyday convenience, this well-maintained community provides an opportunity to live in one of Burlington's most desirable neighbourhoods. Extensive updates completed in 2024 include freshly painted walls, ceilings, and doors, new laminate flooring throughout the living room, dining room, both bedrooms and closets, new tile flooring in the bathroom, new windows in both bedrooms, and a full suite of new appliances including a fridge, stove, dishwasher, microwave, and stackable washer and dryer. The electrical panel was also upgraded to a 125-amp service in 2026, adding even more value and peace of mind. Don't miss this fantastic opportunity!

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Townhouse
StyleStacked Townhouse
Approx. Age31-50
Size900-999 sq. ft.
Maintenance Fees$818
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,826
mls© NumberW13645102
Listed ByREAL BROKER ONTARIO LTD.
Building Insurance Included
Water Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,047
Property tax
$152
Heat allowance
$150
Condo fees, half counted
$409
Housing costs
$2,758 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $79,980
25-yr amortization

Income needed

$85,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$79,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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