5475 LAKESHORE Rd 24
Appleby, Burlington, L7L 1E1
FOR SALE
$659,000
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Property Description
Welcome to Lakeside Living in Burlington! Nestled at the back of the Village by the Lake community, this bright 3-bedroom, 3-bathroom townhome offers privacy and tranquillity, just steps from a children's playground. It's a fantastic blank canvas, ready for you to move in as-is or to update and make it your own. Highlights include a large private patio with a deck perfect for outdoor gatherings, an ensuite bath, a brand-new roof (October 2024), and a freshly installed front door (November 2024). Underground parking (2 spots) keeps winter hassle-free, and the community pool is ideal for warm-weather relaxation. Located directly across from Burloak Waterfront Park, this home offers instant access to lakeside trails, beaches, and popular community events like the Burlington Food Truck Festival, VegFest, and Artwalk. Set in the Elizabeth Gardens neighbourhood, renowned for quality schools and a family-friendly vibe, this townhome provides a rare chance to enjoy lakeside living with all the perks of Burlington's vibrant waterfront.
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Nearby Intersections
Lakeshore & Burloak (23)
Lakeshore & Burloak (10)
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Property Details
Street
Community
City
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
1200-1399
Taxes
$3,158 (2023)
Basement
Finished, Full
Exterior
Brick
Heat Type
None
Heat Source
Gas
Air Conditioning
Central Air
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | 2nd | 14.57' x 10.83' | |
| Br | 2nd | 12.40' x 10.76' | |
| Br | 2nd | 9.51' x 10.17' |
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Burlington Market Statistics
Burlington Price Trend
5475 LAKESHORE Rd 24 is a 3-bedroom 3-bathroom townhome listed for sale at $659,000, which is $319,380 (32.6%) lower than the average sold price of $978,380 in the last 30 days (October 25 - November 23). During the last 30 days the average sold price for a 3 bedroom townhome in Burlington increased by $120,718 (14.1%) compared to the previous 30 day period (September 25 - October 24) and up $157,878 (19.2%) from the same time one year ago.Inventory Change
There were 60 3-bedroom townhomes listed in Burlington over the last 30 days (October 25 - November 23), which is up 36.4% compared with the previous 30 day period (September 25 - October 24) and up 42.9% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in Burlington typically sold ($15,115) (1.5%) below asking price over the last 30 days (October 25 - November 23), which represents a $3,347 increase compared to the previous 30 day period (September 25 - October 24) and ($20,777) 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 townhomes in Burlington over the last 30 days (October 25 - November 23) stood at 51.7%, down from 61.4% over the previous 30 days (September 25 - October 24) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom townhome in Burlington stood at 23 days when successfully sold over the last 30 days (October 25 - November 23), compared to 36 days before being removed from the market upon being suspended or terminated.Listing contracted with Real Broker Ontario Ltd
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