Ontario

5250-lakeshore-road-burlington-ontario-w8273956

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Sold Sold 5 days ago
Condo Apt

1109 - 5250 Lakeshore Road

Burlington, Appleby

2 Bedrooms
2 Bathrooms
1 Garage

Sold Price: $ 573,000

16.96%

Listed Price: $ 489,900

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Key Facts About 1109 - 5250 Lakeshore Road, Burlington

Tax $2,791 / 2023
Property Type Condo Apt, Apartment
Maintenance Fees $1063.11
Building Age 51-99
Size 1200 - 1399 feet²
Listing # W8273956
Data Source TRREB
Days on Market 5
Listed On 26/04/2024
Updated On 06/05/2024
Market Demand

Description

Enjoy lakeside living in this spacious 2 bed, 2 bath condo with over 1300 sqft. Newly upgraded laminate flooring in the living & dining areas adds a modern touch to this well-maintained unit. While there's no ensuite laundry, a convenient storage closet offers the potential to install laundry machines.Priced below market value, this condo presents an excellent opportunity for buyers. The condo fees include access to a variety of amenities such as a gym, outdoor pool, picnic BBQ area, and more, ensuring residents can enjoy a resort-like lifestyl

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Property Details of 1109 - 5250 Lakeshore Road, Burlington

Property

Property Type Condo Apt
Style Apartment
Community Appleby
Municipality Burlington

Inside

Bedrooms 2
Bathrooms 2
Bathroom Details 1, 3pc Main
Bathroom Details 1, 2pc Main
Kitchen 1
Rooms 5
Family Rooms Y
Fireplace N

Utilities

Cooling Wall Unit
Heating Type Radiant
Heating Fuel Gas

Building

Size 1200 - 1399 feet²
Architecture Style Apartment
Exterior Feature Brick, Concrete
Amenities Bike Storage, Car Wash, Exercise Room, Games Room, Outdoor P...View More
Building Age 51-99

Parking

Garage Type Underground
Garage 1
Total Parking Places 1

Land

Zoning RM4.66
Cross Street Kenwood Ave South To Lakeshore

Features

Lake Access Y
Park Y
Place Of Worship Y
Waterfront Y

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Our Estimate

Estimated Rent

$ 3,092

Rental Yield

5.77%

School Score

7.1/10

Rental Score

5/5

Similar Sold

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Rooms

Living (7.67X3.68 metre)

Level: Main

Kitchen (3.05X2.97 metre)

Level: Main

Dining (3.84X3.68 metre)

Level: Main

2nd Br (4.55X3.12 metre)

Level: Main

Prim Bdrm (5.03X4.17 metre)

Level: Main

Bathroom (1.52X2.13 metre)

3 Pc Ensuite

Level: Main

Bathroom (0X0 metre)

2 Pc Bath

Level: Main

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

25 Year , 4.99% interest

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Cash Expenditure for Home Purchase

$1,100

Downpayment
$0
PST on Mortgage Insurance
$0
Land Transfer Tax
$0
Lawyer Fees
$1,000
Title Insurance
$0
Estoppel Certificate Fee
$100

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Monthly Expenses After Home Purchase

$1,632

Mortgage Payment
$0
Property Insurance
$50
Property Tax
$250
Phone
$40
Monthly debt payments
$0
Cable
$60
Utilities
$124
Internet
$45
Maintenance Fees
$1,063

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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.