5250 LAKESHORE Rd 1504
Appleby, Burlington, L7L 5L2
FOR SALE
$1,049,000
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BEDROOMS2
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Property Description
Lakeside Elegance at Admirals Walk. Discover this beautifully redesigned unit at Admirals Walk, this condo is the largest floor plan in the building offering 1,685 sq. ft. of thoughtfully updated living space with lake views from every room. This move-in-ready home features three spacious bedrooms, and two fully renovated spa-like bathrooms with high-end finishes. The expansive private balcony faces south-west for stunning views of Lake Ontario, providing a serene setting for relaxation or entertaining. Designed for modern living, this home boasts updated electrical and plumbing, a RARE in-suite ductless AC system (3 units), and the convenience of in-suite laundry. The gourmet kitchen is both stylish and functional, featuring abundant cabinetry, high-end appliances, double oven with cooktop, and a cafe-style fridge with a built-in coffee maker - perfect for effortless mornings. Ideally located, this home offers easy access to walking trails along Lake Ontario and is just minutes from downtown Burlington, where you'll find vibrant dining, shopping, and entertainment. Residents of Admirals Walk enjoy well-appointed amenities, including an outdoor pool, BBQ area, a fitness center, games and party rooms, workshop, and saunas. Discover a vibrant community at this stunning condo! Enjoy gardening, free exercise classes, and bridge lessons, or join the book club for lively discussions. Socialize at Happy Hour Cribbage Tuesdays, Euchre club, and Friday evening lakeside bevies. Plus, don't miss the fun, organized lunch outings with neighbours. This is more than a home it's a lifestyle! This is a fantastic opportunity to own an elegant lakeside home in a sought-after community. **Don't miss the 3D tour and full list of renovations!** **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
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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 |
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 $1,049,000, which is $312,067 (42.3%) higher than the average sold price of $736,933 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom condo in Burlington declined by $243,067 (24.8%) compared to the previous 30 day period (December 22 - January 20) and up $86,933 (13.4%) from the same time one year ago.Inventory Change
There were 3 3-bedroom condos listed in Burlington over the last 30 days (January 21 - February 19), which is down 25.0% compared with the previous 30 day period (December 22 - January 20) and down 25.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Burlington typically sold $1,666 (0.2%) above asking price over the last 30 days (January 21 - February 19), which represents a $41,666 increase compared to the previous 30 day period (December 22 - January 20) and ($9,999) 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 3-bedroom condos in Burlington over the last 30 days (January 21 - February 19) stood at 100.0%, up from 25.0% over the previous 30 days (December 22 - January 20) and up from 25.0% 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 48 days when successfully sold over the last 30 days (January 21 - February 19), compared to 81 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Real Estate Services Ltd.
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