5250 Lakeshore Rd 708
Appleby, Burlington, L7L 5L2
FOR SALE
$838,800
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Property Description
Welcome to Admiral's Walk, a Waterfront condo in South East Burlington. This condo is a well-run mature building offering residents lush gardens, beautiful Lake Views and an abundance of amenities. Suite 708 features over 1400 sq ft of living space with spectacular Lake Views from all windows as well as the balcony. Kitchen features new granite countertops, beautiful backsplash, stainless steel appliances and updated cabinet doors with lots of storage and counter space as well as an eat-in area for a small table and chairs. Brand new elegant hardwood flooring throughout. The spacious living room with a separate dining room area is perfect for entertaining. The generous sized Master Bedroom includes an ensuite washroom and 2 double mirror closet doors. The second Bedroom features a custom closet/storage organizer and great for a second Bedroom, Family Room or Den. This unit also offers an oversized in-suite Storage Room, plenty of closet space throughout, with an additional separate Storage Locker downstairs. Windows and balcony doors were replaced in 2017. Washer/Dryer ready for simple hook up. This suite gets tons of morning sun. Enjoy the scenic views from every room as well as your balcony with a glass of wine or cup of tea. Building hallways and common areas were redone and updated in 2023. Building Amenities include: Heated Outdoor Pool, Party Room with a kitchen, dance floor, projector and large screens for TV nights, Games Room featuring a dart board, pool table and ping pong table, Sauna, Gym with new equipment, Workshop, Car Wash area and a BBQ area. The Active Social Committee plans regular events for owners. Great location just stroll to the parks and walking paths along the Lake. Short walk to the grocery store, coffee shop and pharmacy. Some photos have been virtually staged.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-26 | 2024-10-26 | 92 | $838,800 | - | Expired |
| 2020-06-04 | 2020-07-02 | 29 | $3,200 | $3,100 | Leased |
| 2020-03-11 | 2020-06-02 | 83 | $3,200 | - | Terminated |
| 2019-11-05 | 2020-01-31 | 87 | $3,250 | - | Expired |
| 2019-08-08 | 2019-10-17 | 70 | $699,990 | - | Terminated |
| 2019-07-19 | 2019-08-07 | 19 | $699,990 | - | Terminated |
Property Features
Lake Access, Lake/Pond, Park, Waterfront
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1400-1599
Taxes
$2,919 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Radiant
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Window Unit
Elevator
Yes
Parking 1
Exclusive (P1)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Flat | 11.55' x 8.89' | |
| Living | Flat | 25.52' x 12.43' | |
| Dining | Flat | 14.50' x 12.24' | |
| Kitchen | Flat | 12.37' x 9.45' | |
| Prim Bdrm | Flat | 18.70' x 13.62' | |
| 2nd Br | Flat | 13.98' x 10.60' |
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Burlington Market Statistics
Burlington Price Trend
5250 Lakeshore Rd 708 is a 2-bedroom 2-bathroom condo listed for sale at $838,800, which is $76,050 (10.0%) higher than the average sold price of $762,750 in the last 30 days (October 14 - November 12). 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 14 - October 13) and up $56,205 (8.0%) from the same time one year ago.Inventory Change
There were 56 2-bedroom condos listed in Burlington over the last 30 days (October 14 - November 12), which is down 8.2% compared with the previous 30 day period (September 14 - October 13) and up 47.4% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Burlington typically sold ($20,186) (2.6%) below asking price over the last 30 days (October 14 - November 12), which represents a $4,849 decrease compared to the previous 30 day period (September 14 - October 13) and ($42,862) 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 14 - November 12) stood at 39.3%, up from 34.4% over the previous 30 days (September 14 - October 13) and up from 28.9% 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 14 - November 12), compared to 72 days before being removed from the market upon being suspended or terminated.Listing contracted with Berkshire Hathaway Homeservices West Realty
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