5280 Lakeshore Rd 902
Appleby, Burlington, L7L 5R1
FOR SALE
$995,000
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2
BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSW9392801
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Property Description
Experience stunning lake views and spacious living in the heart of Burlington, This property boasts a fantastic layout with modern design and a southwest-facing view in a wonderful neighbourhood. Step out the back of the building and enjoy direct access to the lake, with stores conveniently located just across the street, providing incredible value and easy transit access. (Check Schedule A for a complete list of upgrades)
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Property Features
Clear View, Lake Access, Park, Public Transit, Rec Centre, Waterfront
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$3,562 (2023)
Basement
None
Exterior
Stucco/Plaster
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (p65)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 19.52' x 17.88' | Vinyl Floor, Overlook Water |
Dining | Main | 9.84' x 10.66' | Combined W/Living, South View |
Kitchen | Main | 10.17' x 11.02' | B/I Appliances, O/Looks Dining, Double Sink |
Prim Bdrm | Main | 10.10' x 21.00' | , Overlook Water |
2nd Br | Main | 9.35' x 13.45' | |
Solarium | Main | 6.76' x 17.32' | Overlook Water |
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Burlington Market Statistics
Burlington Price Trend
5280 Lakeshore Rd 902 is a 2-bedroom 2-bathroom condo listed for sale at $995,000, which is $252,283 (34.0%) higher than the average sold price of $742,717 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 2 bedroom condo in Burlington increased by $83,770 (12.7%) compared to the previous 30 day period (September 22 - October 21) and up $37,884 (5.4%) from the same time one year ago.Inventory Change
There were 63 2-bedroom condos listed in Burlington over the last 30 days (October 22 - November 20), which is up 21.2% compared with the previous 30 day period (September 22 - October 21) and up 80.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Burlington typically sold ($17,778) (2.4%) below asking price over the last 30 days (October 22 - November 20), which represents a $2,437 decrease compared to the previous 30 day period (September 22 - October 21) and ($37,637) 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 22 - November 20) stood at 36.5%, down from 36.5% over the previous 30 days (September 22 - October 21) and down from 42.9% 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 29 days when successfully sold over the last 30 days (October 22 - November 20), compared to 72 days before being removed from the market upon being suspended or terminated.Listing contracted with Home Leader Realty Inc.
Similar Listings
Welcome to this beautifully upgraded 3-bedroom 2 bath condo located in the prestigious Illumina Building, offering over 1,250 sq.ft. of bright, open-concept living space with breathtaking lakefront views. This mezzanine-level unit is filled with natural light, thanks to floor-to-ceiling windows in the main living space. The modern kitchen features quartz countertops, a matching island and a window over the sink to add charm and functionality. The kitchen is equipped with premium appliances, a double dishdrawer dishwasher and built-in refrigerator, both seamlessly integrated into the cabinetry for a sleek, cohesive look. Pot lights provide additional brightness, creating a perfect atmosphere for entertaining. Engineered hardwood flooring throughout, adding warmth and elegance to every spacious room. Each of the three bedrooms offers upgraded closets for ample storage. A spacious terrace provides the perfect outdoor space to unwind while enjoying picturesque lake views. With a spectacular amenities with stunning lakefront views. This unit is the ideal blend of luxury, function, and style. Don't miss your chance to own a beautiful upgraded condo with lakefront views!
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