5340 Lakeshore Road Unit 604, Burlington

Price: $1,549,000

3 bedrooms, 2 bathrooms

1,800 sqft

Property Type: Condo

MLS#: W13520032

Welcome to #604 - a stunning 1,830 sq. ft. corner unit offering breathtaking, unobstructed lake views and an exceptional waterfront lifestyle. This beautiful suite features two spacious bedrooms plus a den, a 5-piece ensuite bath and a 3-piece family bath - all thoughtfully designed for comfort and convenience.Extensively updated with a long list of high-end upgrades (see attached), the suite showcases quality finishes and refined details throughout. The large den is perfect as a home office, reading room, or guest retreat. This luxury boutique condominium combines sophisticated living with outstanding amenities. Recent enhancements include the addition of EV charging infrastructure for residents. Enjoy access to a guest suite, car wash, party room, fitness centre, games room/library, BBQ and lakefront seating areas, where one can relax and take in the serene views. Experience elegant lakeside living in one of Burlington's most desirable condo communities.

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New Listing
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$1,549,000 - 5340 Lakeshore Road Unit 604, Burlington

Condo for Sale in Burlington

New — Listed 4 days ago

Neighbourhood: Appleby

3Beds
2Baths
1,800Sq Ft
Condo
Property Details
MLS Number
W13520032
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
2
Square Feet
1,800 sqft
Neighbourhood
Burlington
Locker
Exclusive
Exposure
South
Balcony
Open
Listing Brokerage
ROYAL LEPAGE REALTY PLUS OAKVILLE
Description

Welcome to #604 - a stunning 1,830 sq. ft. corner unit offering breathtaking, unobstructed lake views and an exceptional waterfront lifestyle. This beautiful suite features two spacious bedrooms plus a den, a 5-piece ensuite bath and a 3-piece family bath - all thoughtfully designed for comfort and convenience.Extensively updated with a long list of high-end upgrades (see attached), the suite showcases quality finishes and refined details throughout. The large den is perfect as a home office, reading room, or guest retreat. This luxury boutique condominium combines sophisticated living with outstanding amenities. Recent enhancements include the addition of EV charging infrastructure for residents. Enjoy access to a guest suite, car wash, party room, fitness centre, games room/library, BBQ and lakefront seating areas, where one can relax and take in the serene views. Experience elegant lakeside living in one of Burlington's most desirable condo communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,851.75/mo

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5-yr fixed avg.

Principal: $1,239,200Interest: $816,325
Mortgage Amount$1,239,200
Total Interest$816,325
Est. Property Tax$1,097/mo
Total Cost$2,055,525

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.

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Neighbourhood Guide: Appleby

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

M.M. Robinson High SchoolPublic High School
Nelson High SchoolPublic High School
Assumption Catholic Secondary SchoolCatholic High School
Corpus Christi Catholic Secondary SchoolCatholic High School

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.

70
Walk Score
Varies
Price Range

5340 Lakeshore Road Unit 604, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,400/mo
Range: $2,890 - $3,910
Cap Rate (ROI)
0.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,400
Maintenance Fees-$1,170
Property Tax (est.)-$1,097
Insurance (est.)-$323
Net Cash Flow+$810

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $861/sqft, this property is priced in line with current Burlington market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

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    5340 Lakeshore Road Unit 604, Burlington | $1,549,000 | Battaglia Team