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Ironstone Condos Condos in Burlington

1940 Ironstone Drive, Burlington

77

Total Units

6

For Sale

2

For Rent

35

Sold

38

Leased

$509K

Avg Price

38

Days (Sale)

24

Days (Lease)

OQ

OVAIS QASSIM

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Property Type:
Condo
Number of Units:
77
Condo Demand:
High
Unit Availability:
High
Number of Storeys:
Condo Completion:
Unit Size Range:
0 - 1,199 SQFT
Property Management:
ICC Property Management

Market Overview

For-Sale Inventory

7.8%

Highest Sale (12mo)

$575K

Lowest Sale (12mo)

$405K

Median Maintenance

$626/mo

Year Built

Ironstone Condos Market

Updated Aug 23, 2026
Condos
Median sale price
$437K
Median PSF (est.)▲ 1.8%
$678/sqft
Sold last 90 days
1
Active listings
8
Months of inventory
–
Avg days on market
32
Sale-to-list ratio
99.76%
Absorption rate
0.0%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 80.00% · End-user: 20.00% (from 1 sales, 4 leases)
Price reductions (90d)
Price-reduction rate: 0.00%
Monthly reduction trend
2025-08: 50.0% (4 listings) · avg $80,000
2025-11: 0.0% (4 listings)
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $678 — +18.30% vs community avg ($573)[premium]
Supply vs demand by unit type (90d)
Sample: 8 active listings · 1 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 2 active / 1 sold · mismatch -75.00%
2br: 5 active / 0 sold · mismatch +62.50%
3br: 1 active / 0 sold · mismatch +12.50%
Concession pattern by unit type (90d)
1br (4 sales) — 75.00% closed with concessions, avg 1.85% below ask
2br (17 sales) — 58.82% closed with concessions, avg 3.48% below ask
3br (6 sales) — 100.00% closed with concessions, avg 3.26% below ask
Seasonality (annual pattern)
Historically strongest months: Jan, Dec, Jul
Historically weakest months: Oct, Aug, Feb
Annual averages: DOM 38.0d · sale-to-list 99.76% (n=27)
Monthly detail
Jan · 2 sales · DOM 16.0d · STL 102.10%
Feb · 2 sales · DOM 75.5d · STL 96.18%
Mar · 1 sales · DOM 38.0d · STL 96.36%
May · 3 sales · DOM 47.7d · STL 98.98%
Jun · 3 sales · DOM 34.0d · STL 97.88%
Jul · 2 sales · DOM 24.5d · STL 101.85%
Aug · 4 sales · DOM 51.5d · STL 103.42%
Sep · 1 sales · DOM 30.0d · STL 101.28%
Oct · 2 sales · DOM 50.5d · STL 101.07%
Nov · 5 sales · DOM 27.6d · STL 96.80%
Dec · 2 sales · DOM 18.0d · STL 102.58%

Market Intelligence

Price per sqft analysis and trends

Ironstone Condos

Sale PSF

N/A

Lease PSF

N/A

Uptown

Sale PSF

$533/sqft

4 sales

Lease PSF

$3.05/sqft/mo

1 leases

Burlington

Sale PSF

$576/sqft

53 sales

Lease PSF

$2.41/sqft/mo

1 leases

Halton

Sale PSF

$577/sqft

105 sales

Lease PSF

$2.41/sqft/mo

1 leases

Location Comparison

LocationSale PSFLease PSF# Sales# Leases
Ironstone CondosThis Building
——/mo——
Uptown
5333.05/mo41
Burlington
5762.41/mo531
Halton
5772.41/mo1051

Green badges indicate the building is priced below the comparison area. Data from closed transactions.

Parking & Locker Values

Parkingmunicipality

Purchase

N/A

Monthly Lease

$81.94/mo

Lockergeneric

Purchase

$10K

Monthly Lease

$50/mo

Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.

Amenities

BBQs Allowed
Bike Storage
Car Wash
Community BBQ
Concierge
Elevator
Exercise Room
Game Room
Guest Suites
Gym
Media Room
Party Room/Meeting Room
Recreation Room
Rooftop Deck/Garden
Visitor Parking

Maintenance Fee Includes:

A/CBuilding InsuranceCommon ElementsCondo TaxesHeatHydroParkingWater

Building Reviews

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About Ironstone Condos Condos

Ironstone Condos is a premier condominium located at 1940 Ironstone Drive, Burlington. This 77-unit building offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.

Currently, there are 81 units available at Ironstone Condos, with prices averaging around $509K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.

Ironstone Condos stands out in Burlington's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.

Whether you're looking to buy, sell, or rent at Ironstone Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation and market analysis.

Explore more real estate in the wider area: Uptown, Burlington and the Halton area.

Units for Sale at Ironstone Condos

Units for Lease at Ironstone Condos

Keywords: Ironstone Condos Burlington Real Estate

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