2177 Lakeshore Road, Burlington

Price: $2,199,000

7 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Multi-Family

MLS#: W13765678

Spectacular Opportunity to own this income producing property located steps from Downtown Burlington! Fully renovated in 2022, each unit features upgraded flooring, fresh paint, modern light fixtures, Stainless steel appliances, updated kitchens with quartz countertops, and bathrooms. The basement includes 2 bedrooms, 1 bathroom, a large living space, kitchen, and a separate entrance. The main floor includes large windows, tiled entry area, walnut accented fireplace wall, 2 bedrooms, 2 bathrooms, a large living room, and additional dining space. The Second and third floor space is a true delight! Large windows let in waves of light, 3 bedrooms, 1 full bathroom, a large kitchen with dining area and large living room space. This property presents a fantastic opportunity to maximize cash flow for investors. Alternatively, this beautiful home could be converted into a large masterful single family residence. Enjoy everything Burlington has to offer, just steps from Spencer Smith park, restaurants, the Lakefront Trail, schools, and more!

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$2,199,000 - 2177 Lakeshore Road, Burlington

Multi-Family for Sale in Burlington

Neighbourhood: Brant

7Beds
4Baths
2,500 - 2,999Sq Ft
Multi-Family

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Property Details
MLS Number
W13765678
Property Type
Multi-Family
Status
active
Days on Site
15
Bedrooms
7
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Burlington
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Spectacular Opportunity to own this income producing property located steps from Downtown Burlington! Fully renovated in 2022, each unit features upgraded flooring, fresh paint, modern light fixtures, Stainless steel appliances, updated kitchens with quartz countertops, and bathrooms. The basement includes 2 bedrooms, 1 bathroom, a large living space, kitchen, and a separate entrance. The main floor includes large windows, tiled entry area, walnut accented fireplace wall, 2 bedrooms, 2 bathrooms, a large living room, and additional dining space. The Second and third floor space is a true delight! Large windows let in waves of light, 3 bedrooms, 1 full bathroom, a large kitchen with dining area and large living room space. This property presents a fantastic opportunity to maximize cash flow for investors. Alternatively, this beautiful home could be converted into a large masterful single family residence. Enjoy everything Burlington has to offer, just steps from Spencer Smith park, restaurants, the Lakefront Trail, schools, and more!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$9,726.92/mo

$
$
5%20%50%

5-yr fixed avg.

Principal: $1,759,200Interest: $1,158,876
Mortgage Amount$1,759,200
Total Interest$1,158,876
Est. Property Tax$1,558/mo
Total Cost$2,918,076

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Brant

Discover Brant

Brant is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Brant

  • Convenient location in Burlington
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

M.M. Robinson High SchoolPublic High School
Nelson High SchoolPublic High School
Assumption Catholic Secondary SchoolCatholic High School
Corpus Christi Catholic Secondary SchoolCatholic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Brant offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

2177 Lakeshore Road, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,750/mo
Range: $4,038 - $5,463
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,750
Maintenance Fees-$0
Property Tax (est.)-$1,558
Insurance (est.)-$458
Net Cash Flow+$2,734

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $880/sqft, this property is priced in line with current Burlington market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 15 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Excellent Flexibility

With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Burlington.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Burlington Lifestyle

Burlington offers a balance of urban convenience and suburban tranquility. Growing families appreciate the newer schools and community feel. The GO Train provides reasonable Toronto access. Home values have appreciated steadily as families seek alternatives to Toronto's density and pricing.

About Brant

I know Brant well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    2177 Lakeshore Road, Burlington | $2,199,000 | Battaglia Team