$579,900 - 5250 Lakeshore Road Unit 401, Burlington
Condo for Sale in Burlington
33 days on marketNeighbourhood: Appleby
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- MLS Number
- W13746256
- Property Type
- Condo
- Status
- active
- Days on Site
- 33
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Burlington
- Taxes (2026)
- $2,873
- Maintenance Fees
- $974/mo
- Locker
- Exclusive
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- RE/MAX ABOUTOWNE REALTY CORP.
Admiral's Walk, Welcome! Step into this bright and spacious west-facing 1-bedroom plus den suite, offering an exceptional layout with generously proportioned principal rooms and plenty of natural light. The well-appointed eat-in kitchen offers ample room for everyday meals, while the separate dining room provides the perfect setting for hosting family and friends. The expansive living room features patio doors that open onto a private balcony, where you can relax and enjoy afternoon sunshine and beautiful evening sunsets.A versatile den, located just one step down from the main living area, offers endless possibilities as a home office, cozy reading retreat, TV lounge, or occasional guest space. The spacious primary bedroom is a comfortable private retreat, complete with a 4-piece ensuite, dedicated makeup vanity, and large closets providing excellent storage. Thoughtful touches throughout the suite include a convenient 2-piece powder room, double front hall closet, and two additional storage closets. One closet is even plumbed for a ventless washer and dryer, offering the opportunity to add in-suite laundry. Residents of Admiral's Walk enjoy an impressive array of amenities, including an outdoor pool, exercise room with sauna, games room, party room, library, workshop, car wash bay, visitor parking, and laundry facilities. Ideally situated in sought-after South Burlington, this suite includes one parking space and a locker and is conveniently close to waterfront trails, public transit, shopping, schools, and the community centre. A wonderful opportunity to enjoy spacious, comfortable living in a desirable waterfront community.
Estimate your monthly payments for this property
Estimated Payment
$2,975.19/mo
Includes CMHC insurance ($16,179)
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.
5250 Lakeshore Road Unit 401, Burlington
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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 $580/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 33 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. The $974/month fees should cover building insurance, common elements, and reserve contributions.
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 $2,416 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.