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    Burlington / Corporate Drive

    1940 Ironstone Drive

    Highlights

    Property Type:
    Condo
    Number of Storeys:
    16
    Number of Units:
    210
    Condo Completion:
    2014
    Condo Demand:
    Medium
    Unit Size Range:
    260 - 1,141 SQFT
    Unit Availability:
    High
    Property Management:
    Wilson Blanchard Property Management

    Amenities

    Games Room
    Indoor Parking
    Party Room
    Gym
    Bike Storage
    Concierge
    Visitor Parking
    Rooftop Deck
    Amenity details for reference only. Independently verify accuracy.

    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 260 square feet to 1141 square feet.

    Maintenance fees at 1940 Ironstone Drive are $0.88 per-square-foot, which is notably higher than the city average of about $0.67.

    The Suites

    Here are some stats that would interest renters or buyers at 1940 Ironstone Drive: 20 units have been sold in the past 12 months, and 15 units have been rented over the same period.

    In terms of price per-square-foot, the average cost is $658 and units tend to sell for -0.26% 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 36 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 1980 Imperial Way, 2035 Appleby Line and 2055 Appleby Line — all within walking distance.

    Heat
    Included
    Air Conditioning
    Included
    Water
    Included
    Hydro
    Not Included

    Listing History for The Ironstone Condos

    Nov, 2025
    1940 Ironstone Dr, unit 307 for rent
    Unit 307
    Nov 05, 202557 days on strata
    Leased for $2,100Listed for $2,3001 bd + 1 | 1 ba | 521 sqft | 1 pkg
    Oct, 2025
    1940 Ironstone Dr, unit 1010 for rent
    Unit 1010
    Oct 30, 202537 days on strata
    Leased for $2,300Listed for $2,4001 bd + 1 | 2 ba | 629 sqft | 1 pkg
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    Listings For Sale

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    Similar Condos

    Explore Corporate Drive

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    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!

    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%

    Building Trends At The Ironstone Condos

    Days on Strata

    Units at The Ironstone Condos spend an average of
    36
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire 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
    5.2
    YEARS before being sold again

    Property Value

    -15%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 10 condos in the Corporate Drive area

    Sold Units

    20
    Units were Sold over the past twelve months

    Rented Units

    15
    Units were Rented over the past twelve months

    Best Value Rank

    The Ironstone Condos offers the
    ?
    best value out of 10 condos in the Corporate Drive neighbourhood

    Appreciation Rank

    The Ironstone Condos has the
    ?
    highest ROI out of 10 condos in the Corporate Drive neighbourhood

    Rental Yield

    The Ironstone Condos yields the
    ?
    highest rent prices out of 10 condos in the Corporate Drive neighbourhood

    High Demand

    The Ironstone Condos is the
    ?
    most popular building out of 10 condos in the Corporate Drive neighbourhood

    Market Insights

    Transaction Insights at The Ironstone Condos

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$405,000 - $535,000$422,000 - $530,000$552,000 - $637,500$530,000 - $619,500
    Avg. Cost Per SqftNo Data$692$696$652$662
    Avg. Wait for Unit Availability760 Days107 Days32 Days95 Days106 Days
    Ratio of Units in Building2%21%50%14%16%

    Market Inventory

    Total number of units listed and sold in Corporate Drive