5250 Lakeshore Rd 1603
Appleby, Burlington, L7L 5L2
FOR SALE
$689,000
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BEDROOMS2
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Property Description
Welcome to Waterfront Living at Admirals Walk! Embrace the opportunity to customize your ideal home in this spacious 1450 sq. ft. condo with direct views of Lake Ontario and beautifully landscaped gardens. Offering 2 bedrooms + den, 2 baths, and an open-concept living area, this unit is ready for your vision and updates. Enjoy an eat-in kitchen with ample pantry space, and a large balcony perfect for soaking in the serene lakefront backdrop. The community offers fantastic amenities including an outdoor pool, gym, sauna, workshop, party room, and waterfront paths, making it a sought-after spot for lakefront living. Ideally situated near parks, shops, and schools, with easy access to QEW/403 for effortless commuting. One underground parking space is included. Don't miss the chance to make Admirals Walk your next home contact your realtor to schedule a private tour today!
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Extras
N/A
Property Features
Lake Access, Public Transit, Waterfront
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1400-1599
Taxes
$3,515 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Radiant
Heat Source
Other
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.60' x 20.93' | |
| Dining | Main | 9.25' x 14.57' | |
| Den | Main | 10.83' x 12.76' | |
| Kitchen | Main | 13.75' x 17.16' | |
| Bathroom | Main | 4.99' x 8.76' | |
| Br | Main | 10.99' x 20.24' | |
| Bathroom | Main | 5.74' x 8.50' | |
| Br | Main | 10.01' x 15.75' | |
| Pantry | Main | 5.91' x 10.83' | |
| Laundry | Main | 5.91' x 8.20' |
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Burlington Market Statistics
Burlington Price Trend
5250 Lakeshore Rd 1603 is a 2-bedroom 2-bathroom condo listed for sale at $689,000, which is $73,750 (9.7%) lower than the average sold price of $762,750 in the last 30 days (October 15 - November 13). During the last 30 days the average sold price for a 2 bedroom condo in Burlington increased by $119,350 (18.5%) compared to the previous 30 day period (September 15 - October 14) and up $59,135 (8.4%) from the same time one year ago.Inventory Change
There were 56 2-bedroom condos listed in Burlington over the last 30 days (October 15 - November 13), which is down 1.8% compared with the previous 30 day period (September 15 - October 14) and up 51.4% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Burlington typically sold ($20,186) (2.6%) below asking price over the last 30 days (October 15 - November 13), which represents a $4,849 decrease compared to the previous 30 day period (September 15 - October 14) and ($39,645) 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 2-bedroom condos in Burlington over the last 30 days (October 15 - November 13) stood at 39.3%, up from 36.8% over the previous 30 days (September 15 - October 14) and up from 35.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Burlington stood at 34 days when successfully sold over the last 30 days (October 15 - November 13), compared to 71 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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