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Listed 18 days ago

310 - 5188 Lakeshore Road

Appleby, Burlington

$799,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

Welcome to Waterford Place, a beautifully maintained boutique condominium where thoughtful management, attention to detail and genuine pride of ownership are evident throughout. With fewer residences than many larger developments, Waterford Place offers a more personal atmosphere and welcoming sense of community, while still providing an impressive collection of amenities.This spacious 2-bedroom, 2-bathroom residence offers approximately 1,265 sq. ft. of well-proportioned living space with 9-foot ceilings and bright open-concept living and dining areas. A walkout leads to an approximately 100 sq. ft. glass-framed balcony overlooking the beautifully maintained grounds and surrounding Lakeshore setting.The stylish kitchen features a breakfast bar, stainless steel appliances, under-cabinet lighting, pot lights and a generous double-depth pantry, with updated countertop, sink, faucet and backsplash. The spacious primary bedroom includes a walk-in closet and 5-piece ensuite, while the generously sized second bedroom offers excellent flexibility for guests or a home office.The building is a standout. Recent common-area renovations include new broadloom and tile, updated trim, hardware and fixtures, and fresh paint, creating a polished first impression that reflects the care taken in maintaining the property. Residents enjoy a lakeside gazebo, walkout patio and BBQ area, exercise room, large hot tub, party room and ample visitor parking.Exceptionally well managed and meticulously maintained, Waterford Place offers more than a beautiful suite-it offers quality, community and the confidence that comes from a property where the details are clearly looked after. Ideally located just steps from the lake and Burlington's desirable Lakeshore lifestyle.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age16-30
Size1000-1199 sq. ft.
Maintenance Fees$1,013
LockerExclusive
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$4,382
mls© NumberW13735256
Listed ByRE/MAX Escarpment Realty Inc., Brokerage
Building Insurance Included
Water Included
Parking Included
Common Elements Included
CAC Included
Heat Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,090
Property tax
$365
Heat allowance
$150
Condo fees, half counted
$507
Housing costs
$5,111 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $159,800
25-yr amortization

Income needed

$157,000

gross annual household income

Payment at 4%
$3,362 / mo
Cash down
$159,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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