$649,000 - 5280 Lakeshore Road Unit 1105, Burlington
Condo for Sale in Burlington
Neighbourhood: Appleby
- MLS Number
- W13613260
- Property Type
- Condo
- Status
- active
- Days on Site
- 26
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Burlington
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- SAM MCDADI REAL ESTATE INC.
Experience Exceptional Waterfront Living At Royal Vista, Where Spectacular, Unobstructed Views Of Lake Ontario Take Centre Stage. This Bright, Airy & Beautifully Presented 1,300 Sq. Ft., 2 Bdrm, 2 Bathrm Residence Features An Expansive Open Concept Living & Dining Area Framed By Floor-To-Ceiling Windows & Breathtaking Lake Views. The Well-Appointed Kitchen Offers Crisp Cabinetry, Generous Workspace & A Seamless Connection To The Principal Living Areas. The Spacious Primary Bdrm Is Bright & Comfortable Including A 4 Pc Ensuite, While The Versatile 2nd Bdrm Features A Convenient Murphy Bed. A Large Ensuite Laundry & Storage Rm Provides Excellent Functionality, Along With 1 Parking Space. Royal Vista Offers An Excellent Range Of Amenities, Including An Outdoor Pool, Tennis/Pickleball Court, Fitness Rm, Sauna, Party/Games Rm, Workshop/Hobby Rm, Visitor Parking & Beautifully Landscaped Waterfront Grounds. Ideally Situated Close To Grocery Stores, Scenic Parks & Trails, Restaurants, Shops, Public Transit & The QEW, With Downtown Burlington Just Minutes Away. A Wonderful Opportunity To Enjoy Generous Living Space & A Relaxed Lakeside Lifestyle. Shows Extremely Well. *No Pets Allowed*
Estimate your monthly payments for this property
Estimated Payment
$3,329.71/mo
Includes CMHC insurance ($18,107)
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.
5280 Lakeshore Road Unit 1105, 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 $541/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 26 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 $2,704 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.