Skip to main

    506 - 1270 Maple Crossing Blvd

    For RentThe Palace Condo
    $2,400/mth
    Price Cut: $2,600
    1 Bed
    1 Bath
    1 Parking
    653 SQFT
    21 Days on Strata
    Est Lease Timeframe
    29 Days

    Listing History

    Unit Highlights

    Possession Date:
    February 15, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    Yes
    Outdoor Space:
    None
    Furnished:
    No
    Exposure:
    West
    Locker:
    None
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Heat Pump

    Room Dimensions

    Kitchen
    10.07 x 8.33ft
    Living
    20.08 x 11.98ft
    Prim Bdrm
    13.75 x 9.42ft

    About this Listing

    Calling all AAA+ tenants! Have you been looking for an ALL-INCLUSIVE monthly rent, in a superb location close to the waterfront, downtown Burlington, major highways, transit and shopping? Then this is the property for you. Welcome home to The Palace! This amazing condo community is located just three blocks from the waterfront and offers convenience and security all in one package. Beyond the gated entrance you'll find this updated one-bedroom and den suite in a well-maintained building with 24-hour security. A renovated kitchen with stainless steel appliances, a modern bathroom with floating vanity and walk-in shower, a spacious primary bedroom, in-suite laundry and hard surface floors throughout. Enjoy the view while you work from home in the den or create a relaxing space to unwind with a good book. Wall-to-wall windows allow in loads of natural light and create a bright, airy living space. Capitalize on the many amenity spaces including a recreation centre with exercise room, sauna, squash courts, party room with kitchen, hobby room and additional laundry facilities. Just out your front door you have access to the walking trail that meanders downtown. The unit is accompanied by one underground parking space and YOUR MONTHLY RENT COVERS YOUR HEAT, HYDRO AND WATER. All you must cover is your cable and internet.

    re/max escarpment realty inc.MLS® #W11898104


    Amenities

    Bike Storage
    Squash Court
    Guest Suites
    Gym Room
    Party Room
    Games Room

    Explore Neighbourhood

    5/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    Unknown
    Transit
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

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

    Population
    6,713
    Average Individual Income
    $75,539
    Average Household Size
    0 persons
    Average Age
    0
    Average Household Income
    $127,070
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    17%
    20 - 34
    20%
    35 - 49
    21%
    50 - 64
    22%
    65+
    17%
    Household Income
    $0 - $30,000
    42%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    11%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    65%
    Semi Detached
    22%
    Low Rise Apartment
    6%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    89%
    Other
    5%
    Mandarin
    2%
    Punjabi
    2%
    Urdu
    1%
    Cantonese
    1%
    Education
    High School
    30%
    University and Above
    27%
    College
    21%
    None
    14%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Architecture & Engineering
    20%
    Business Management
    20%
    Social Sciences
    15%
    Health & Related Fields
    12%
    Personal, Protective & Transportation Services
    5%
    Education
    5%
    Humanities
    4%
    Math & Computer Sciences
    4%
    Visual & Performing Arts
    4%
    Physical Sciences
    3%
    Agriculture & Natural Resources
    2%

    Maintenance Fees

    The Palace Condo vs The Maple Beachway Area

    Days on Strata

    Units at The Palace Condo spend an average of
    52
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Maple Beachway

    Turnover of Units

    On average, each unit is owned for
    16.7
    YEARS before being sold again

    Property Value

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    12th
    Highest price per SQFT out of 27 condos in the Maple Beachway area

    Sold Units

    15
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    The Palace Condo offers the
    ?
    best value out of 27 condos in the Maple Beachway neighbourhood

    Appreciation Rank

    The Palace Condo has the
    ?
    highest ROI out of 27 condos in the Maple Beachway neighbourhood

    Rental Yield

    The Palace Condo yields the
    ?
    highest rent prices out of 27 condos in the Maple Beachway neighbourhood

    High Demand

    The Palace Condo is the
    ?
    most popular building out of 27 condos in the Maple Beachway neighbourhood

    Transaction Insights at 1270 Maple Crossing Boulevard

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$455,000$455,000 - $485,000$515,000 - $610,000No DataNo DataNo Data
    Avg. Cost Per Sqft$549$625$550No DataNo DataNo Data
    Avg. Wait for Unit Availability87 Days886 Days73 Days228 Days501 DaysNo Data
    Ratio of Units in Building28%4%49%13%7%1%

    Transactions vs Inventory

    Total number of units listed and leased in Maple Beachway