$789,888 - 5250 Lakeshore Road Unit 508, Burlington
Condo for Sale in Burlington
New — Listed 3 days agoNeighbourhood: Appleby
- MLS Number
- W13520166
- Property Type
- Condo
- Status
- active
- Days on Site
- 3
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Burlington
- Locker
- Exclusive
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RE/MAX ESCARPMENT GOLFI REALTY INC.
Welcome to this beautifully updated, luxury condo in Burlington's prestigious lakefront Admiral's Walk building on Lakeshore Road. This spacious, open-concept, one-of-a-kind unit features 9-foot ceilings, stunning lake views from the balcony and every room, and more than $120,000 in high-end renovations. The renovated kitchen offers elegant countertops and a matching backsplash, while the oversized living area features floor-to-ceiling windows with California shutters, abundant natural light, and a walkout to a large balcony overlooking the lake. Enjoy watching boats sail by, along with spectacular sunrises and sunsets. Both full bathrooms have been renovated, and the unit includes in-suite laundry with a washer and dryer-a rare feature in the building. Another rare upgrade is the wall-mounted heat pump air-conditioning system, with a surge protector, installed at a cost of over $14,000. The spacious primary bedroom includes an electric fireplace, incredible lake views, and walk-through double closets leading to a 4-piece ensuite. The unit also offers ample closet space and storage. Condo fees include heat, hydro, water, parking, and a locker. Admiral's Walk offers an excellent range of amenities, including an outdoor pool, billiards and table tennis room, large party/games room with kitchen, exercise room, sauna, and workshop. This fabulous location is close to nearby amenities, minutes from downtown Burlington and Bronte, with easy access to the QEW and GO Transit.
Estimate your monthly payments for this property
Estimated Payment
$4,052.53/mo
Includes CMHC insurance ($22,038)
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 508, 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 $564/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Burlington's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 $3,291 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.