- Bedrooms
- 1
- Bathrooms
- 2
- Size
- 900–999sq ft
- Per sq ft
- $553at the range’s middle
- Built
- 6-10
- Parking
- 11 built-in
- Days on market
- Members
The brief
About 507-3290 New St
507-3290 New St is a 1-bedroom, 2-bathroom condo in Roseland, Burlington, listed for sale at an asking price of $525,000 (MLS® W14116780).
Welcome to Maranatha Gardens - Where Lifestyle, Comfort and Convenience come together! Discover the freedom of carefree livin gin this welcoming 55+ adult community, ideally situated in desirable South Burlington. This bright and spacious 1-bedroom plus den, Life Lease suite offers the perfect blend of comfort and functionality, featuring in-suite laundry, a convenient guest powder room, individually controlled heating and cooling, and a private balcony to relax and unwind. One underground parking space and a storage locker are also included. Imagine a lifestyle with fewer worries, more time for yourself, and the added benefit of predictable monthly living expenses! The exceptional all-inclusive monthly fee covers property taxes, building insurance and building maintenance, water, heating and cooling, and parking - making everyday living simple, convenient and stress-free. At Maranatha Gardens, it's about much more than your suite - it's about the lifestyle! Stay active in the fitness room, discover a new hobby in the workshop, enjoy a good book in the library, or connect with neighbours over darts, pool or shuffleboard. Entertain family and friends in the inviting main-floor lounge, spacious party room or outdoor patio. Spend sunny afternoons on the beautiful 4th-floor terrace, complete with BBQs and raised garden beds. Overnight guests? Convenient gues suites make visits easy! With public transit, shopping, grocery stores, healthcare, hospital, churches, walking patha, a Seniors' Centre and Library all nearby, everything you need is within easy reach. Maranatha Gardens offers more than a home. It offers a vibrant, welcoming community and lifestyle designed for enjoying life to the fullest.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall23/100−$1,327/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 24 condos with 1 bedroom for lease in Burlington right now. Cost of owning counts the mortgage and the condo fee. This record states no property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- MLS® number
- W14116780
- Board
- TRREB MLS®
- Property Type
- Co-Ownership Apt
- Building Age
- 6-10
- Days on market
- Size
- 900-999 sqft
- Listed on
- Parking
- 1 Built-In, 1 Parking
Property details
Property
- Property Type
- Co-Ownership Apt
- Style
- 1 Storey/Apt
- Community
- Roseland
- Municipality
- Burlington
Building
- Size
- 900-999 sqft
- Building Age
- 6-10
- Construction
- Brick
Inside
- Bedrooms
- 1
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc Main, 1 × 2pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Built-In
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Roof
- Flat
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Fridge, Stove, Built-in Microwave, Washer, Dryer, All Light Fixtures
- Condo maint.
- $1,206
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 2.44 × 3.89 m | — | Main |
| Dining | 3.51 × 5.41 m | Combined W/Living | Main |
| Primary | 3.33 × 4.19 m | W/I Closet | Main |
| Bathroom | 3.2 × 2.23 m | 3 Pc Ensuite | Main |
| Den | 2.23 × 3.35 m | — | Main |
| Bathroom | 1.78 × 2.57 m | 2 Pc Bath | Main |
Listing history
Buy/sell history for 507-3290 New St, Burlington, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $525,000 | N/A | For Sale | W14116780 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $105,000
- Total mortgage amount
- $420,000
- Total interest payment
- $298,800
- Total purchase cost
- $823,800
- Mortgage payment
- $2,396/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
64%Monthly carrying cost
$3,602- Rent $2,275
- Shortfall $1,327
Rental income opens at $2,275, the median asking rent of 24 comparable homes for lease in Burlington. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $6,975
- Total land transfer tax
- $6,975
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $2,975
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $525,000
- $2,500
- Ontario total
- $6,975
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The market
Condos for sale in Roseland right now
- For sale now
- 12
- Median asking price
- $512K
- New in 7 days
- 1
- Price cuts
- 33%
Middle half: $447K to $550K
4 in 28 days
4 listings
This home is asking 2% above the median.
See all homes in RoselandAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Burlington GO | GO Transit train: Lakeshore West | 2.7 km |
| Appleby GO | GO Transit train: Lakeshore West | 4 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St. Paul Catholic Elementary SchoolHalton CDSB | Catholic · grades JK–8 | 400 m | 85%Grade 6 average |
| John T Tuck Public SchoolHalton DSB | Public · grades JK–8 | 500 m | 90%Grade 6 average |
| Makwendam Public SchoolHalton DSB | Public · grades JK–6 | 700 m | 85%Grade 6 average |
| École élémentaire RenaissanceConseil scolaire Viamonde | French-language public · grades JK–6 | 3.7 km | 89%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Gary Allan High School - BurlingtonHalton DSB | Public · grades 9–12 | 250 m | — |
| Assumption Catholic Secondary SchoolHalton CDSB | Catholic · grades 9–12 | 650 m | 67%Grade 9 math |
| Nelson High SchoolHalton DSB | Public · grades 9–12 · French Immersion | 1.7 km | 80%Grade 9 math |
| Burlington Central High SchoolHalton DSB | Public · grades 9–12 · French Immersion | 3 km | 56%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Roseland are shown to signed-in members.