5475 LAKESHORE Rd 88
Appleby, Burlington, L7L 1E1
FOR SALE
$754,000
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BEDROOMS3
BATHROOMS1
KITCHENS9 + 2
ROOMSW10404442
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Property Description
Discover the perfect blend of tranquility and convenience with this beautifully updated 3-bedroom, 2.5 bathroom townhome, nested in the gated Village by the Lake community. The main floor boasts a stylishly kitchen and living room, and a recently renovated two-piece bathroom, striking barn door, and a sliding glass door that opens to your own private backyard, ideal for relaxation and outdoor gatherings. Residents of this community benefit from exceptional amenities, including a heated saltwater pool, gym, party room, and sauna. The condo fees cover water, landscaping, snow removal, and maintenance of common areas, making for a truly hassle-free lifestyle. Plus, enjoy the convenience of direct access to underground parking, with two side by side parking spots located near the basement door. The fully finished basement offers a versatile recreational room, a convenient laundry area, and an extra room for your needs. The primary bedroom featuring a renovated bathroom (2020). Additional modern touches include a Nest thermostat, Google wifi doorbell camaras, Nest smoke detectors, and LG Wi-Fi-enabled appliances, such as a washer (2020), dryer,(2020) oven, and dishwasher (2021). microwave (2021). The home has a high-efficiency furnace and AC units installed in 2018 with annual maintenance performances every year by the supplier.
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Nearby Intersections
Lakeshore & Burloak (24)
Lakeshore & Burloak (10)
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Property Details
Street
Community
City
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
1000-1199
Taxes
$3,149 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 10.99' x 17.16' | |
Dining | Main | 8.99' x 10.83' | |
Kitchen | Main | 8.56' x 8.73' | |
Prim Bdrm | 2nd | 11.98' x 13.48' | |
Br | 2nd | 9.97' x 16.99' | |
Br | 2nd | 8.56' x 9.58' | |
Rec | Bsmt | 10.50' x 21.00' |
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Burlington Market Statistics
Burlington Price Trend
5475 LAKESHORE Rd 88 is a 3-bedroom 3-bathroom townhome listed for sale at $754,000, which is $224,120 (22.9%) lower than the average sold price of $978,120 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom townhome in Burlington increased by $108,445 (12.5%) compared to the previous 30 day period (September 21 - October 20) and up $169,565 (21.0%) from the same time one year ago.Inventory Change
There were 58 3-bedroom townhomes listed in Burlington over the last 30 days (October 21 - November 19), which is up 23.4% compared with the previous 30 day period (September 21 - October 20) and up 31.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in Burlington typically sold ($14,451) (1.5%) below asking price over the last 30 days (October 21 - November 19), which represents a $6,241 increase compared to the previous 30 day period (September 21 - October 20) and ($13,344) less 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 21 - November 19) stood at 50.0%, down from 59.6% over the previous 30 days (September 21 - October 20) and up from 43.2% 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 21 - November 19), compared to 32 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty, Brokerage
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