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    Burlington / Corporate Drive

    1940 Ironstone Drive

    The Ironstone Condos
    5for Sale
    2for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    16
    Number of Units:
    210
    Condo Completion:
    2014
    Condo Demand:
    Medium
    Unit Size Range:
    473 - 1,141 SQFT
    Unit Availability:
    Medium
    Property Management:
    Wilson Blanchard Property Management

    Listing History for The Ironstone Condos

    Receive listing updates for Corporate Drive

    Amenities

    Concierge
    Car Wash
    Bike Storage
    BBQs Allowed
    Indoor Parking
    Rooftop Deck

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Excluded
    Hydro

    About 1940 Ironstone Drive — The Ironstone Condos

    The Ironstone Condos stands 16 storeys tall at 1940 Ironstone Drive and contains 210 units. This Burlington condo was completed in 2014 by Davies Smith Developments. Suite sizes range from 473 square feet to 1141 square feet.

    Maintenance fees are $0.83 per-square-foot, which is higher than the neighbourhood average of $0.61 per-square-foot.

    The Suites

    Here are some stats that would interest renters or buyers at 1940 Ironstone Drive: 15 units have been sold in the past 12 months, and 11 units have been rented over the same period.

    In terms of price per-square-foot, the average cost is $719 and units tend to sell for -1.53% below the list price. Units at 1940 Ironstone Drive have a medium probability of receiving more than one offer. On average, a suite will spend 38 days on the market.

    The Neighbourhood

    Residents can enjoy several great restaurants in the area. Some popular places nearby include Pepe and Lela's Eatery, Tim Hortons and Harvey's. There’s always time for coffee with Coffee Culture Cafe & Eatery, Starbucks and McDonald's a short 9-minute walk away.

    Grocery pick-ups are made easy thanks to Metro Millcroft and Nature's Emporium within a 17-minute walk.

    There are a number of banks within a short drive, including BMO Bank of Montreal ATM and RBC Royal Bank for all your investment needs.

    Whether you're looking to play, exercise or gather with friends — nearby parks like Desjardines Park, DesJardines Park and Apple Blossom Parkette are the perfect spot for all kinds of activities.

    Like to shop? Everything you need is close by when you live at 1940 Ironstone Drive, including Appleby Crossing which are only 5 away.

    The Ironstone Condos is a short drive away from Trinity Christian School, giving you plenty of choice for your child’s education. Corporate Drive is an excellent area for parents and teens alike where your teenager will be able to explore close to home after attending Corpus Christi Catholic Secondary School. And you’ll have peace of mind they’re nearby!

    Transportation

    Transit users will need to trek a bit to Walkers at Fairview, the nearest light transit stop.

    Curious about similar condos in the area? Check out 1998 Ironstone Drive, 2055 Appleby Line and 2035 Appleby Line — all within walking distance.

    Reviews for The Ironstone Condos

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    5

    Listings For Sale

    Interested in receiving new listings for sale?

    2

    Listings For Rent

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    Explore Corporate Drive

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    Unknown
    Transit
    8/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar condos

    Demographics

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

    Population
    7,378
    Average Individual Income
    $89,171
    Average Household Size
    0 persons
    Average Age
    40
    Average Household Income
    $130,655
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    2%
    20 - 34
    17%
    35 - 49
    18%
    50 - 64
    23%
    65+
    24%
    Household Income
    $0 - $30,000
    40%
    $30,000+
    21%
    $60,000+
    16%
    $90,000+
    12%
    $125,000+
    8%
    Housing Types & Tenancy
    Detached
    56%
    Semi Detached
    20%
    High Rise Apartment
    10%
    Low Rise Apartment
    8%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    94%
    Other
    5%
    Punjabi
    1%
    Education
    University and Above
    32%
    High School
    26%
    College
    21%
    None
    12%
    Apprenticeship
    5%
    University Below Batchelor
    1%
    Major Field of Study
    Architecture & Engineering
    20%
    Business Management
    19%
    Health & Related Fields
    14%
    Social Sciences
    13%
    Humanities
    7%
    Education
    7%
    Math & Computer Sciences
    4%
    Personal, Protective & Transportation Services
    3%
    Physical Sciences
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    2%

    Price Trends

    Maintenance Fees

    The Ironstone Condos vs The Corporate Drive Area

    Building Trends At The Ironstone Condos

    Days on Strata

    Units at The Ironstone Condos spend an average of
    38
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    5
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 9 condos in the Corporate Drive area

    Sold Units

    15
    Units were Sold over the past twelve months

    Rented Units

    11
    Units were Rented over the past twelve months

    Best Value Rank

    The Ironstone Condos offers the
    ?
    best value out of 9 condos in the Corporate Drive neighbourhood

    Appreciation Rank

    The Ironstone Condos has the
    ?
    highest ROI out of 9 condos in the Corporate Drive neighbourhood

    Rental Yield

    The Ironstone Condos yields the
    ?
    highest rent prices out of 9 condos in the Corporate Drive neighbourhood

    High Demand

    The Ironstone Condos is the
    ?
    most popular building out of 9 condos in the Corporate Drive neighbourhood

    Transaction Insights at 1940 Ironstone Drive

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo DataNo Data$489,450 - $636,000$609,000 - $695,000$642,500 - $690,000
    Avg. Cost Per SqftNo DataNo Data$850$725$727
    Avg. Wait for Unit Availability760 Days95 Days29 Days80 Days141 Days
    Ratio of Units in Building2%20%50%18%12%

    Unit Sales vs Inventory

    Total number of units listed and sold in Corporate Drive