5250 Lakeshore Rd 1009
Appleby, Burlington, L7L 5L2
FOR SALE
$659,000
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Property Description
Bright and spacious waterfront condo at the Admiral's Walk in South East Burlington. 1365 sq ft includes a large living room with separate dining space and walkout to escarpment-view balcony. Primary bedroom with 4 piece ensuite, walk in closet and 3 additional storage closets, bright kitchen with ample storage space and large den. The building amenities include an outdoor pool, gym, workshop, party room and more while being steps from shops, parks and trails. 1 Bedroom, 1.5 Bathrooms.
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Property Features
Hospital, Lake/Pond, Library, Park, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$2,975 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Radiant
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Window Unit
Parking 1
Exclusive (187)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 6.00' x 7.91' | |
| Living | Main | 12.50' x 24.18' | |
| Dining | Main | 10.01' x 11.15' | |
| Kitchen | Main | 9.68' x 10.07' | |
| Den | Main | 10.17' x 14.01' | |
| Br | Main | 13.32' x 16.08' |
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Burlington Market Statistics
Burlington Price Trend
5250 Lakeshore Rd 1009 is a 1-bedroom 2-bathroom condo listed for sale at $659,000, which is $162,466 (32.7%) higher than the average sold price of $496,534 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Burlington declined by $14,403 (2.8%) compared to the previous 30 day period (September 21 - October 20) and down $42,323 (7.9%) from the same time one year ago.Inventory Change
There were 47 1-bedroom condos listed in Burlington over the last 30 days (October 21 - November 19), which is up 4.4% compared with the previous 30 day period (September 21 - October 20) and up 6.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Burlington typically sold ($11,509) (2.3%) below asking price over the last 30 days (October 21 - November 19), which represents a $1,584 increase compared to the previous 30 day period (September 21 - October 20) and ($17,038) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Burlington over the last 30 days (October 21 - November 19) stood at 85.1%, up from 35.6% over the previous 30 days (September 21 - October 20) and up from 47.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Burlington stood at 54 days when successfully sold over the last 30 days (October 21 - November 19), compared to 72 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Burloak Real Estate Services
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