$1,359,500 - 5340 Lakeshore Road Unit 203, Burlington
Condo for Sale in Burlington
New — Listed 7 days agoNeighbourhood: Appleby
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- MLS Number
- W13845172
- Property Type
- Condo
- Status
- active
- Days on Site
- 7
- Bedrooms
- 1
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Burlington
- Taxes (2026)
- $5,513
- Maintenance Fees
- $1,046/mo
- Locker
- Owned
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX ESCARPMENT GOLFI REALTY INC.
Imagine waking up each morning listening to the sound of waves of Lake Ontario just beyond your window. Welcome to Suite 203 at 5340 Lakeshore Road, a beautifully finished one-bedroom, two-bathroom residence offering an exceptional waterfront lifestyle. Here, the lake is not simply a view, it is the backdrop to everyday living. Step from your living room onto the expansive private terrace and enjoy an extraordinary view and connection to the water, with manicured grounds and the shoreline seemingly right at your doorstep. Inside, sophisticated finishes, thoughtful proportions and abundant natural light create an elegant and inviting retreat. The bedroom and den capture the beauty of the lake through the generous windows. The two-bathroom layout provides exceptional comfort and convenience. Set within a high-end building directly on Lake Ontario, residents enjoy the added convenience of underground parking and an on-site guest suite. For those who appreciate refined surroundings, waterfront serenity and the ease of condominium living, this is a rare opportunity to experience Burlington from an extraordinary vantage point.
Estimate your monthly payments for this property
Estimated Payment
$6,013.53/mo
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.
5340 Lakeshore Road Unit 203, 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
Premium Pricing
At $1360/sqft, this property is priced above the Burlington average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
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. The $1046/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 $5,665 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.