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    602 - 1940 Ironstone Dr

    For SaleThe Ironstone Condos
    $649,900
    2 Beds + 1
    2 Bath
    1 Parking
    906 SQFT
    Just Listed
    Est Sell Timeframe
    13 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $814/mth
    Taxes:
    $3,535 (2024)
    Cost Per Sqft:
    $717/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    Flexible
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Heat Pump

    Room Dimensions

    Foyer
    8.43 x 5.74ft
    Living
    Balcony
    15.32 x 10.5ft
    Kitchen
    9.91 x 8.76ft

    About this Listing

    Fantastic Executive Condo 2 Bed, 2 Bath + Den + Separate Dining Rm. in the highly sought-after Ironstone Building. Designed to maximize space & natural light w Southern Exposure, this unit features a spacious open-concept layout w 919 sq. ft. (as per Floorplan). The modern kitchen boasts sleek cabinetry, granite countertops, stainless steel appliances, & breakfast barperfect for casual meals or entertaining. The expansive living room flows seamlessly into the dining area and opens to a private balcony, offering a perfect spot to relax or enjoy the view. The primary bedroom provides a peaceful retreat with ample closet space and a 4-piece ensuite bath. The generously sized second bedroom offers plenty of closet space and direct access to the balcony. A versatile den is ideal for a home office, reading nook, or additional living space. A convenient 3-piece bath completes the layout while the in-suite laundry adds an extra layer of convenience. Enjoy incredible amenities, including a fitness room, games room, party/media room, concierge service, and visitor parking. This unit also comes with one parking spot and one locker. Located just steps from grocery stores, shops, restaurants, and only minutes from major highways, this home offers both comfort and unbeatable convenience. Whether you're looking for a spacious home with a smart layout or the luxury of modern amenities, this unit is the perfect place to call home.

    royal lepage real estate services ltd., brokerageMLS® #W11924698


    Amenities

    Concierge
    Media Room
    Party Room
    Visitor Parking
    Gym Room
    Rooftop Deck

    Explore Neighbourhood

    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!

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    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%

    Maintenance Fees

    The Ironstone Condos vs The Corporate Drive Area

    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

    -2%
    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 Days69 Days32 Days92 Days113 Days
    Ratio of Units in Building2%24%46%15%15%

    Transactions vs Inventory

    Total number of units listed and sold in Corporate Drive