Grandview Commons

Property Overview

Property Facts:

Property Type:

Condominium Building

Condo Fees

315

Year Built:

2005

Est. Annual Taxes:

$1,600

• $261,000 sale price
• Affordable Housing through the Town of Burlington
• 1 Bedroom Condo
  • Basement storage unit
• 1 Bathroom
• 728 Square Feet
• 1 Deeded Parking Space
• No pets allowed by any circumstances

Property Details

Unit Details

Basement:

No

Additional space:

Storage unit/space

Appliances:

Dishwasher

Garbage Disposal

Microwave

Refrigerator

Stove/Oven

Washer/Dryer

Listing Garage Parking

Garage Parking:

There is no garage parking.

Off Street Parking:

There is no off street parking.

Heating type:

Gas

Air Conditioning:

No

Flooring Types:

Hardwood Flooring

Pets allowed:

No

Eligibility Information

Income limits:

1 Person = $92,650, 2 people = $105,850

Asset limits:

$600,000

Must be first time homebuyer:

No

Age Restrictions:

62+

Application Information

Application Type:

Lottery

Application Deadline:

April 28, 2026

 

Application Process:

• Tuesday April 7, 2026 – Application period opens
• Tuesday, April 28, 2026 by 1pm – COMPLETE
• Tuesday, May 12, 2026 – 11am Lottery
• Copy of 2023, 2024 and 2025 Federal tax returns, as filed, with W-2’s and schedules for 2025 tax return, for every current or future person living in the household over the age of 18. State returns are not required.
• Copy of five most recent consecutive pay stubs, if applicable, including year-end 2025.
• Current statements and documents that indicate the payment amounts from all other sources of income of all members listed on the application, such as family support, alimony, child support, Social Security benefits, pensions, unemployment compensation, workman’s compensation, disability and any other form of income. Equivalent of IRS form Schedule C for self-employment income.
• Current statements (last 3 full consecutive months) of all assets, including international assets, showing current value including all bank accounts, investment accounts, cash life insurance policies, retirement accounts.
• Mortgage pre-approval and proof of adequate assets to cover down payment and closing costs. These units are not eligible for FHA or family loans, and applicants cannot spend more than 38% of their monthly income for monthly housing costs.
• Documentation regarding current interest in real estate, if applicable, including value and mortgage.
• No Income Statement, signed and notarized, for any household member over 18 with no source of income, if applicable, containing the language “Under penalties of Perjury.”
• Gift Letter, signed by donor, if applicable, indicating that there is no expected repayment of the gift.
• We accept no more than 5 attachments.
• Taxes should be in separate attachments.
• Feel free to ask any questions.

Application link https://www.burlington.org/DocumentCenter/View/20745/Burlington---Grandview-res…

Brochure Website: https://www.burlington.org/567/Affordable-Housing