$899,000 - 5255 Lakeshore Road Unit 53, Burlington
Condo for Sale in Burlington
Popular ListingNeighbourhood: Appleby
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- MLS Number
- W13764004
- Property Type
- Condo
- Status
- active
- Days on Site
- 12
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Burlington
- Locker
- None
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE REALTY PLUS OAKVILLE
Welcome to New Port Village, an upscale enclave of townhomes nestled in the S/E Burlington neighbourhood of Elizabeth Gardens. This 2 bed/2 full bath, bungalow is tastefully renovated with quality finishes & move in ready! The combination living/dining room has a cozy gas fireplace, 2 skylights for an abundance of natural light & sliding door access to a private fenced yard. The beautifully renovated eat-in kitchen offers tasteful shaker style cabinetry, under cabinet lighting, pot & soft close drawers, quartz countertops, undermount sink, brushed stainless steel appliances & pot lighting. Both bedrooms have quality wide plank laminate flooring & ample closet space, each with their own upgraded en-suite bathroom with quartz counters, undermount sinks, premium cabinetry & fixtures. The primary en-suite has an oversized glass door walk-in shower with seating, while the 2nd bedroom semi en-suite has a combination bathtub/shower for those who love their "tub time". The laundry room, off the main foyer offers a front load stainless steel washer & dryer with folding mat, stainless steel laundry tub, storage cabinetry & handy interior access to the garage. The lower level offers a spacious recreation room with pot lighting & adjacent kitchenette...perfect for movie nights, as well as a home office with access to 2 storage rooms. The utility room with work bench has additional storage. The fully fenced backyard with tumbled stone patio, has a retractable awning, gas BBQ hookup & features a manicured garden & side gate access leading to the "man door" at the back of the garage...making storing your seasonal furnishings a breeze. Beautifully located...just steps from the shores of Lake Ontario & Burloak Waterfront Park & just a short drive east to Oakville's charming Bronte Village & harbour & west to Burlington's vibrant downcore & Spencer Smith Park, renowned for its annual festivals! This lovely home is the perfect option for Empty Nesters seeking a simpler lifestyle.
Estimate your monthly payments for this property
Estimated Payment
$4,612.34/mo
Includes CMHC insurance ($25,082)
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.
5255 Lakeshore Road Unit 53, 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 $749/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.
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 $3,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.