5250 LAKESHORE Rd 1504
Appleby, Burlington, L7L 5L2
FOR SALE
$1,088,000
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BEDROOMS2
BATHROOMS1
KITCHENS8
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Property Description
Seize the opportunity to own an exclusive lakeside retreat at Admiral's Walk, the largest and most luxurious unit in the building, meticulously redesigned and move-in ready. Spanning 1685 sq ft, this exceptional residence offers sweeping, unobstructed lake views from every room. Enjoy three generously sized bedrooms with custom closets, two luxurious bathrooms, and a private balcony designed for serene relaxation or sophisticated entertaining. Thoughtfully upgraded, this home boasts modern enhancements including updated electrical and plumbing, an in-suite ductless AC system, and convenient in-suite laundry - RARE features in the building. The gourmet kitchen is a chef's dream, with abundant cabinetry, double ovens, a cooktop, and a cafe-style fridge with a built-in coffee maker. As a resident of Admiral's Walk, indulge in a suite of amenities including an outdoor pool, BBQ areas, a fitness center, games and party rooms, saunas, and more. Discover the pinnacle of lakeside luxury!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-06-07 | 2024-10-31 | 146 | $1,098,000 | - | Expired |
2024-06-12 | 2024-10-31 | 146 | $1,098,000 | - | Expired |
Extras
B/I microwave; dishwasher; countertop range; B/I double oven; all-in-one washer/dryer; double fridge with B/I Keurig coffee maker; Mitsubishi ductless AC (3 units!); ceiling fans; existing light fixtures; custom remote blinds
Property Features
Beach, Park, Public Transit, Rec Centre, Waterfront
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Property Details
Street
Community
City
Property Type
Condo Apt, Other
Approximate Sq.Ft.
1600-1799
Taxes
$3,773 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Water
Heat Source
Other
Hydro Included
Yes
Air Conditioning
Wall Unit
Parking 1
Exclusive
Parking 2
Rental
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Prim Bdrm | Main | 11.84' x 15.32' | Bay Window, Ensuite Bath |
Br | Main | 10.01' x 10.83' | |
Br | Main | 11.25' x 12.99' | |
Living | Main | 12.50' x 21.16' | Balcony, Sliding Doors |
Other | Main | 16.24' x 23.00' | Double Sink, Pantry |
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Burlington Market Statistics
Burlington Price Trend
5250 LAKESHORE Rd 1504 is a 3-bedroom 2-bathroom condo listed for sale at $1,088,000, which is $148,001 (15.7%) higher than the average sold price of $939,999 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom condo in Burlington increased by $214,999 (29.7%) compared to the previous 30 day period (September 21 - October 20) and up $42,499 (4.7%) from the same time one year ago.Inventory Change
There were 6 3-bedroom condos listed in Burlington over the last 30 days (October 21 - November 19), which is up 20.0% compared with the previous 30 day period (September 21 - October 20) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Burlington typically sold ($9,901) (1.1%) below asking price over the last 30 days (October 21 - November 19), which represents a $35,901 decrease compared to the previous 30 day period (September 21 - October 20) and ($6,949) less 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 3-bedroom condos in Burlington over the last 30 days (October 21 - November 19) stood at 16.7%, down from 20.0% over the previous 30 days (September 21 - October 20) and down from 66.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in Burlington stood at 13 days when successfully sold over the last 30 days (October 21 - November 19), compared to 104 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Real Estate Services Ltd.
Similar Listings
This remarkable property offers a rare opportunity to own the largest unit in the building, exquisitely renovated and ready for you to move in and enjoy. This turnkey home features unparalleled views of the lake from every room. This spacious 1685 sq ft unit includes three full bedrooms with extra-large closets, and two luxurious bathrooms. Step onto the private balcony, perfect for entertaining guests or unwinding in tranquility. Every aspect of this home has been meticulously upgraded in the last five years, ensuring modern comfort, convenience and style. Upgrades include electrical and plumbing systems and the addition of an in-suite ductless air conditioning system as well as in-suite laundry, both unique features for condos in this building. The kitchen is a chef's delight with loads of cupboards, double ovens, a cooktop, and a cafe fridge with a built-in coffee maker. The addition of the third bedroom provides an option to work from home. Residents of Admiral's Walk enjoy access to amenities such as an outdoor pool, BBQ areas, an exercise room, a games room, a party room, a workshop, saunas and more! The recently updated common areas enhance the building's overall appeal. This exclusive offering epitomizes lakeside living at its finest so don't let this opportunity slip away.
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