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Price Change$699,999

1102 - 5280 Lakeshore Road

Appleby, Burlington

$649,000

Condo Apartment |
2 | 2 | 1 | 0
About this home

Welcome to a serene lakeside lifestyle at Royal Vista, an exclusive waterfront community in Burlington's tranquil Elizabeth Gardens. Perfect for those looking to downsize without compromising on space or luxury, this exceptionally maintained 1,300-square-foot, single-level condominium offers the perfect balance of comfort and elegance. Imagine waking up to the gentle sound of waves and taking your morning coffee in the sunroom, which offers views of Lake Ontario and the Escarpment to the West. This thoughtfully designed two-bedroom, two-bathroom suite features a generous, open-concept living area and a formal dining room, ensuring you still have plenty of space to host family dinners and entertain friends. The spacious bedrooms provide a restful retreat, while large windows bathe the entire home in natural light and lake views. Living at 5280 Lakeshore Road means embracing a resort-like lifestyle every single day. Residents of this impeccably managed building enjoy exclusive access to premium amenities, outdoor pool, tennis court, fully equipped gym, workshop for your hobbies, party room, and car wash. Best of all, step right out of the building to access beautiful waterfront walking trails for leisurely afternoon strolls along the shoreline. Nestled in the charming Elizabeth Gardens neighbourhood, this peaceful haven offers the quiet residential feel you desire, with unmatched convenience. You are just a short drive or bike ride from the vibrant shops, unique restaurants, and seasonal festivals in Bronte Village and downtown Burlington. Everyday errands are a breeze with grocery stores, cafes, and essential services located just minutes away. Appleby GO Station and easy access to the QEW make getting around completely stress-free. Trade the burden of yard work for the tranquility of lakefront lifestyle in one of Burlington's best buildings. Property Management is on site and please note this is a NO pet building. Locker Rentals $50/month, extra parking $55/month.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age31-50
Size1200-1399 sq. ft.
Maintenance Fees$1,101
LockerNone
BalconyNone
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesInside Entry, Underground, Surface, Mutual
Property Tax$3,789
mls© NumberW13736350
Listed ByMARTIN GROUP
Heat Included
Hydro Included
Water Included
Common Elements Included
Building Insurance Included
Parking 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%
$3,322
Property tax
$316
Heat allowance
$150
Condo fees, half counted
$551
Housing costs
$4,338 / mo

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

Down payment20% · $129,800
25-yr amortization

Income needed

$133,000

gross annual household income

Payment at 4%
$2,731 / mo
Cash down
$129,800

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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