5475 Lakeshore Road, Burlington, ON

$788,000
MLS#:W8490552
3 beds
2 baths
1200-1399 sqft
2.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Appleby. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $788,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via electric

Description

Looking for that "Turn Key" family home? It doesn't get better than this! This rare end unit is the obvious choice in the neighbourhood if you're looking for value. Enjoy all the benefits of Burlington Lakeshore living while only a short commute from Toronto. This beautiful, move in ready 3 bed, 1.5 bath townhome offers a recently renovated modern style kitchen (All appliances 2020 or newer), a primary bedroom w/ a generous sized closet, a fully finished basement, and a completely enclosed backyard offering loads of privacy. Safely tucked away in a completely enclosed complex with a private pool, fitness room, and sauna for residents only. And no more brushing snow off of the car in the winter months with your two private underground parking spaces w/ inside access. Close To Transit, Shopping, Schools And Easy Highway Access. (A/C, Furnace & Electrical Panel all 2020 or newer).

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Property Summary

This townhouse located at 5475 Lakeshore Road, Burlington is currently for sale and has been available on SousaSells for 742 days. This property is listed at $788,000 with an estimated mortgage of $2,623* per month. It has 3 beds, 2 bathrooms, and is 1200-1399 square feet. 5475 Lakeshore Road, Burlington is in the Appleby neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJuly 22, 2024
Sold price information is available to members only
Listed Date6/29/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementFinished, Full
CountyHalton
Annual Tax$3,094.17

Parking & Garage

Parking Spaces2.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Fenced Yard, Lake/Pond, Park, Public Transit, School

Interior Features

None

Security Features

Community Features

Location

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5475 Lakeshore Road, Burlington, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 5475 Lakeshore Road 89, Burlington, ON L7L 1E1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Burlington.

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Interest Rate4.00%
Down Payment$236,400 (30.0%)
* Minimum Canadian down payment required for this price is $53,800.
Amortization Period30 Years
Estimated Monthly Payment$2,623Based on a loan of $551,600 over 30 years.
Purchase Price$788,000
Loan Amount$551,600
Provincial Land Transfer Tax:$12,235
Total Estimated Closing Taxes:$12,235

About Purchasing a Home in Burlington, ON

For a property listed at $788,000 in Burlington, the legal minimum down payment is $53,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,235 for this transaction. As this listing is in Burlington (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,235.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Appleby, Burlington.

Verified Local Data
City Population186,948
City Median Age42.6 Yrs
City Ownership78% Owners
Avg Area List Price$1,085,286

People & Families

Age Distribution

Household Composition

One-person households
24%
Families with children
44%
Couples without children
28%
Other households
4%

Top Ethnic Origins

English31%
Canadian24%
Scottish22%
Irish21%

Local Schools Guide

Elementary Schools

Mohawk Gardens
Public5280 Spruce Avenue, Burlington, Ontario, L7L 1N3
4.7
Ascension
Public5205 New Street, Burlington, Ontario, L7L 1V3
7.4
St Patrick
Public200 Kenwood Avenue, Burlington, Ontario, L7L 4L8
5.9
Frontenac
Public5140 Pinedale Avenue, Burlington, Ontario, L7L 3V4
8.1
Pineland
PublicPineland Avenue, Burlington, Ontario, L7L 1M4
8.8

Secondary Schools

Nelson
Public4181 New Street, Burlington, Ontario, L7L 1T3
8.2
Assumption
Public3230 Woodward Avenue, Burlington, Ontario, L7N 3P1
7.7
Corpus Christi
Public5150 Upper Middle Road, Burlington, Ontario, L7L 0E5
8.1

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.