5280 Lakeshore Rd 105

FOR SALE
$889,900
5280 Lakeshore Rd 105, Burlington
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
5280 Lakeshore Rd 105
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
7
ROOMS
W9506814
MLSID
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Property Description
105-5280 Lakeshore Road is an extremely rare, ground floor unit with direct water views. This is an incredible opportunity to purchase a sprawling two-bedroom, two-bathroom unit in the Royal Vista building with some of the best views money can buy! There are fantastic amenities such as underground parking, a tennis court, an outdoor pool, gym, sauna, and party room. Step inside this lovingly maintained unit and feel the love and care undertaken by the current owner over the past 34 years! Enjoy the large living room that leads to the sitting area where you can soak up the sun and get lost in the views of Lake Ontario. A generously sized dining room is perfect for family holiday dinners. A large kitchen with plenty of storage and dishwasher are also featured in the unit. Youll appreciate the laundry room with full-size machines and additional storage. This one-of-a-kind unit took 34 years to come to market, and who knows when your next opportunity may be. RSA.
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$3,544 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingGround13.75' x 17.75'
DiningGround9.84' x 10.50'
KitchenGround9.51' x 9.84'
DenGround7.51' x 17.75'
Prim BdrmGround10.40' x 15.09'
BrGround10.99' x 12.50'
Burlington Market Statistics
Burlington Price Trend
5280 Lakeshore Rd 105 is a 2-bedroom 2-bathroom condo listed for sale at $889,900, which is $127,150 (16.7%) 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 Re/Max Escarpment Realty Inc.,
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