$799,000 - 5188 Lakeshore Road Unit 310, Burlington
Condo for Sale in Burlington
Neighbourhood: Appleby
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- W13735256
- Property Type
- Condo
- Status
- active
- Days on Site
- 20
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Burlington
- Locker
- Exclusive
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- RE/MAX Escarpment Realty Inc., Brokerage
Welcome to Waterford Place, a beautifully maintained boutique condominium where thoughtful management, attention to detail and genuine pride of ownership are evident throughout. With fewer residences than many larger developments, Waterford Place offers a more personal atmosphere and welcoming sense of community, while still providing an impressive collection of amenities.This spacious 2-bedroom, 2-bathroom residence offers approximately 1,265 sq. ft. of well-proportioned living space with 9-foot ceilings and bright open-concept living and dining areas. A walkout leads to an approximately 100 sq. ft. glass-framed balcony overlooking the beautifully maintained grounds and surrounding Lakeshore setting.The stylish kitchen features a breakfast bar, stainless steel appliances, under-cabinet lighting, pot lights and a generous double-depth pantry, with updated countertop, sink, faucet and backsplash. The spacious primary bedroom includes a walk-in closet and 5-piece ensuite, while the generously sized second bedroom offers excellent flexibility for guests or a home office.The building is a standout. Recent common-area renovations include new broadloom and tile, updated trim, hardware and fixtures, and fresh paint, creating a polished first impression that reflects the care taken in maintaining the property. Residents enjoy a lakeside gazebo, walkout patio and BBQ area, exercise room, large hot tub, party room and ample visitor parking.Exceptionally well managed and meticulously maintained, Waterford Place offers more than a beautiful suite-it offers quality, community and the confidence that comes from a property where the details are clearly looked after. Ideally located just steps from the lake and Burlington's desirable Lakeshore lifestyle.
Estimate your monthly payments for this property
Estimated Payment
$4,099.28/mo
Includes CMHC insurance ($22,292)
5-yr fixed avg.
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.
Discover Appleby
Appleby 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 Appleby
- •Convenient location in Burlington
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Appleby 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.
5188 Lakeshore Road Unit 310, Burlington
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $799/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 20 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
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 Appleby
I know Appleby 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.
Investment Perspective
Looking at this as an investment: Burlington properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.